Li Keqiang's India Visit
With wary eye on the U.S., China courts India
Chinese Premier Li Keqiang, smiling and effusive, was out to smooth ruffled feathers in India this week, promising to ease tensions and increase trade between Asia's fastest growing economies in his first trip overseas since taking office. Full Article | Slideshow
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* Nifty futures on the Singapore Exchange rose 0.3 percent. The MSCI-Asia Pacific index excluding Japan was up 0.14 percent. * Asian shares steadied on Wednesday, after two days of gains, as investors refocused on the risk of a U.S. fiscal crisis following Federal Reserve Chairman Ben Bernanke's remarks that the budget impasse was already damaging growth. * Foreign investors bought 1.43 billion rupees of stocks on Tuesday, when the BSE index fell 0.05 percent. * India's biggest opposition party holding countrywide protests to oppose corruption, price rise, retail FDI. * Investors are looking for signs of the government's resolve to continue with reforms after introducing a slew of measures in September, including opening up the multi-brand retail and aviation sectors to foreign investors. (abhishek.vishnoi@thomsonreuters.com)
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