Diplomacy
Chinese Premier Li Keqiang seeks trust in India as border issue continues to irk
Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. Full Article | Slideshow
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MARKET EYE-SGX Nifty flat; factory output data eyed
* Nifty futures on the Singapore Exchange fell 0.01 percent while the MSCI-Asia Pacific index, excluding Japan was up 0.02 percent. * The yen hovered near fresh lows against the dollar and Japanese stocks jumped on Tuesday after a U.S. official voiced support for Japan's drive to beat deflation, assuaging fears that criticism of its aggressive stance on monetary policy would mount. * Foreign investors bought 9.96 billion rupees of stocks, while domestic institutions sold 9.41 billion rupees of stocks on Monday, when the BSE index fell 0.12 percent * India will release industrial output data for December around 0530 GMT. According to a Reuters' poll of analysts, the worst is probably over for flagging Indian factories and industrial production could grow an annual 1.1 percent in December. (0530 GMT) * Earnings on Tuesday: Steel Authority of India, Oil India, Hindustan Petroleum Corporation, Jindal Steel and Power. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)
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