"Handshake across the Himalayas"
India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas. Full Article | Slideshow
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MARKET EYE-SGX Nifty gains; Gujarat election results awaited
* Nifty futures on the Singapore Exchange gain 0.06 percent. The MSCI-Asia Pacific index, excluding Japan is down 0.14 percent. * Asian shares paused on Thursday after rallying to their highest in nearly 17 months the day before, as talks to avert a U.S. fiscal crisis stalled - prompting worries of the world's largest economy sliding back into recession. * Foreign investors bought 12.45 billion rupees of stocks, while domestic institutions sold 3.69 billion rupees of stocks on Wednesday, when India's BSE index rose 0.57 percent. * Traders expect rally in rate sensitives to continue alongside value buying in technology stocks. * The result of the Gujarat state election will be announced on Thursday. (roughly 0530 GMT onwards). * India's upper house of parliament will consider amendments to the banking bill on Thursday afternoon. (email@example.com /; firstname.lastname@example.org)
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