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Germany on track for solid growth as business morale holds steady

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BERLIN Business morale held steady in Germany in September, propped up by consumer spending and construction, a survey showed, to leave the country on track for further growth even if a uncertain global economic outlook worsens.

Column: Tight or well-supplied? The crude oil market dilemma

SINGAPORE Somebody is going to be wrong on the outlook for the crude oil price, as the market cannot be well-supplied and increasingly tight at the same time.

1:08pm IST

World oil demand, refining growth to peak in 2035 - Unipec

SINGAPORE World oil demand will peak at 104.4 million barrels per day (bpd) in the mid-2030s, up from just below 100 million bpd currently, as new technologies gradually eat into oil use, China's Unipec said on Monday.

Top News 2:24pm IST

Focus: As China builds biotech sector, cash floods U.S. startups

SAN FRANCISCO/HONG KONG For three whirlwind days in June, U.S. scientist Zhi Hong went shopping at the Boston Bio Conference to find drugs to fill the pipeline of his two-week-old drug company.

9:56am IST

China Premier Li says to reduce import-export costs, red tape

SHANGHAI China will cut import and export costs for foreign firms, Premier Li Keqiang said in comments posted by the central government on Sunday, as the world's second largest economy looks to promote an image of being open for business.

23 Sep 2018

Asian firms shuffle production around the region as China tariffs hit

SEOUL/TOKYO A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports.

Top News 23 Sep 2018

Wall Street Weekahead: Volume spikes on sector reshuffle, quadruple witching

NEW YORK An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.

22 Sep 2018

India Markets Weekahead: Stay calm, stay put

India’s benchmark indices ended near two-month lows after an extremely volatile session on Friday triggered by panic selling in NBFCs, particularly housing finance firms, on fears of debt default.

23 Sep 2018

China Jan-Aug total trade with North Korea falls 57.8 percent: customs

SHANGHAI The value of China's trade with North Korea in the January-to-August period tumbled 57.8 percent from a year earlier to $1.51 billion, Chinese customs data showed on Sunday.

23 Sep 2018

White House optimistic on China trade; no date for more talks

WASHINGTON The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Friday. | Video

Top News 22 Sep 2018

Markets

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Sensex 36,305.02 -536.58 -1.46%
Nikkei 23,869.93 + 195.00 +0.82%
Hang Seng 27,499.39 -454.19 -1.62%
EUR/INR 85.616 +0.88%
USD/INR 72.685 +0.63%
GBP/INR 95.435 +1.05%
Gold 1,196.20 +0.00 +0.00%
Oil 72.00 +1.22 +1.72%
Corn 359.25 +2.00 +0.56%
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India struggles to soothe markets as liquidity concerns grow

MUMBAI Indian authorities sought to calm financial markets on Monday but investors paid little heed as fears that the nation's non-banking financial sector is facing a credit crunch led to declines in domestic bonds, stocks and the rupee, adding to losses suffered in a selloff on Friday.