Chinas August copper imports fell 2.9 percent from the previous month, preliminary customs data showed on Monday, reversing Julys uptrend as the economic slowdown in the worlds top consumer of the metal cut demand.
Global markets have continued to sell trend. Emerging markets have seen a large sell-off due to China's economic slowdown. During the year, including India emerging markets return have moved into negative zone....
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Aluminium prices closed higher by 0.09 per cent on Wednesday at the Multi Commodity Exchange (MCX) after China resumed its stockpiling programme to asset smelters hit by sluggish demand and low prices.
China\'s State Reserves Bureau (SRB) announced that it will start buying aluminum of around 400,000 tons from domestic smelters to resume stockpiles.
Copper prices rose for the second day on Wednesday at the domestic markets as investors are quite optimistic regarding the demand prospects for the industrial metal on reports that China, world's largest consumer of metals will offer fresh policies to stabilize its economy.
European currency gains on Wednesday helped Copper and peers maintain this week gains. Favoring the prices was the news of People Bank of China assistance to the economy.
China Iron and Steel Association (CISA) has refuted reports of the country "gobbling up" India's iron ore reserves while keeping its ore reserves intact.
China Iron and Steel Association (CISA) has refuted reports of the country "gobbling up" India's iron ore reserves while keeping its ore reserves intact.
Zinc futures ahead in the local market on yesterday as investors and speculators booked fresh positions in the industrial metal. Moreover, the gains in the metal were trimmed by downbeat China factory data which indicated a worsening economic downturn in the world's largest metals consumer, clouding the requirement prospects for zinc.
Market remained volatile during January 2020 and turned bearish in the second half of the month. The Indian benchmark indices closed negative with S&P BSE Sensex down by 1.29% and the Nifty 50 was down by 1.81%. India's performance rank slipped among key EM trackers shows. India ranked fifth among the ten markets considered by the tracker in December, behind China, Brazil, Indonesia, and the Philippines. It was at the third position in November 2019, behind the Philippines and China.
U.S. stock index futures held small gains Wednesday after the Bank of Japan moved to boost the size of its asset-purchase program, helping to offset nervousness surrounding a territorial dispute between Japan and China.
Aluminium prices closed higher by 0.09 per cent on Wednesday at the Multi Commodity Exchange (MCX) after China resumed its stockpiling programme to asset smelters hit by sluggish demand and low prices.
Aluminium prices closed higher by 0.09 per cent on Wednesday at the Multi Commodity Exchange (MCX) after China resumed its stockpiling programme to asset smelters hit by sluggish demand and low prices.
Indian economy is likely to grow at a rate of 6 percent next year and probably more thereafter as exports markets start doing better, World Bank President Jim Yong Kim said today. The US markets finished near session highs, with the Dow posting another record closing high and the S&P 500 within a percent of its 2007 peak, as investors shrugged off earlier worries over disappointing economic data from china and weakness in Europe. The CBOE volatility index ended below 12 for the first time since April 2007...
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Industrial metals prices slipped yesterday however, recovered some ground on concerns about the outlook for demand from top consumer China as moves by the country's central bank to ease fears of a credit crunch failed to fully reassure investors.....
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Free stock tips - Money laundering case: Enforcement Directorate(ED) breaks forex scam related to OBC & Axis Bank. ED arrests a person "Manish Jain" under Prevention Of Money Laundering Act -Manish Jain transferred more than Rs 500 cr through 70 fake bank accounts. Manish Jain transfered money to HSBC, Hong Kong & China.he was involved in money laundering since 2006
Market edged higher in a range bound trade as stimulus hopes in China and Japan in the wake of recent weak economic data offset disappointment from the latest batch of corporate earnings of India Inc. The Sensex gained 135.09 points or 0.49% to settle at 27,214.60. The Nifty rose 48.45 points or 0.59% to settle at 8,238.15.....
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Nokia is back in the smartphone business with its new Nokia 6. But this is just the beginning. Nokia 6 is now available only in China.
Fortunately, there are more new Nokia Android phones to come at MWC 2017 that will be sold in other regions. Qualcomm was rumored to have shown the upcoming Nokia 8 at CES 2017, while a slimmed-down Nokia Heart and flagship Nokia P1 are rumored for the upcoming MWC.