Falling prices, not markets, the real headache for Chinese firms

Last Updated: Friday, August 28, 2015, 09:48

The dramatic collapse of China`s stock markets has shaken global investors, but for Chinese factory executives the real problem is a decline of another kind - the remorseless erosion of profits thanks to nearly four years of price deflation.

Oil falls below $56, heads for biggest annual drop since 2008

Last Updated: Wednesday, December 31, 2014, 12:09

Oil dropped below $56 a barrel on Wednesday and was heading for its biggest annual decline since 2008, pressured by weakening demand and a supply glut prompted by the U.S. shale boom and OPEC`s refusal to cut output.

Gold price today: Latest updates

Last Updated: Friday, January 24, 2014, 21:26

Gold prices extended their yesterday's gains and quoted higher by Rs 230 to Rs 29,585 per ten grams in futures trade Friday.

Gold price logs best one-day rally in 3 months, zooms over 2%

Last Updated: Thursday, January 23, 2014, 23:21

Gold price in international markets posted its biggest one-day rally in three months by zooming over 2 percent Thursday.

Gold price today: Latest updates

Last Updated: Thursday, January 23, 2014, 18:30

Recovering from its intra-day low of Rs 28,965, gold price quoted higher by Rs 178 to Rs 29,328 per ten grams in futures trade Thursday.

Slow start to 2014 for world shares as China disappoints

Last Updated: Thursday, January 2, 2014, 16:31

European stocks had started the year at a 5-1/2 year high, but an initial push higher proved short-lived despite the upbeat data as London's FTSE, Paris's CAC 40 and Frankfurt's Dax dropped 0.5, 0.6 and 0.5 percent respectively.

Chinese, Indian manufacturers help emerging market biz growth: HSBC

Last Updated: Thursday, December 5, 2013, 10:53

Business activity in emerging markets grew at the fastest rate in eight months in November, supported by momentum in Chinese manufacturing activity, a survey showed on Thursday.

European stocks rebound, euro at new two-year high

Last Updated: Thursday, October 24, 2013, 18:24

Europe`s main stock markets rebounded on Thursday, as positive Chinese manufacturing data helped to offset weak eurozone numbers, while the euro hit a new two-year high against the dollar.

Asian shares cheered by upbeat China data; more Fed talk ahead

Last Updated: Monday, September 23, 2013, 08:47

The flash HSBC Purchasing Managers' Index (PMI) for China climbed to 51.2 in September, from August's 50.1, with 10 out of 11 sub-indices up in the month.

Upbeat data spreads cheer to Asian shares

Last Updated: Friday, August 23, 2013, 09:19

Better-than-expected growth in the euro zone, a Chinese manufacturing rebound and US manufacturing activity rising to a five-month high this month.

Suzlon sells China arm for Rs 340 crore

Last Updated: Saturday, June 23, 2012, 16:29

Debt-laden wind turbine major Suzlon on Saturday said it has sold its Chinese manufacturing subsidiary to China Power (Tianjin) New Energy Development Company for USD 60 million or Rs 340 crore.

Asian stocks pressured by growth worries

Last Updated: Wednesday, February 1, 2012, 12:07

Asian stock markets struggled on Wednesday as weaker US data damped down recent optimism that the world's largest economy may escape the gloom from the eurozone debt crisis, while Chinese manufacturing surveys failed to break the cautious mood.