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Non-Cyclical Consumer Goods

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China to expand list of countries to pay tariffs on sugar imports from Aug 1

BEIJING, July 16 China's Commerce Ministry said on Monday it will expand the list of countries which must pay extra tariffs on sugar imports starting from Aug. 1, just over a year after introducing hefty penalties on top growers including Brazil and Thailand.

1:33pm IST

China stocks end down on soft economy data

SHANGHAI, July 16 China stocks ended down on Monday, after data showed the country's economy expanded at a slower pace in the second quarter, while a trade war with the United States threatened to hit exports. ** The blue-chip CSI300 index fell 0.6 percent, to 3,472.09 points, while the Shanghai Composite Index closed down 0.6 percent at 2,814.04 points. ** Banking and real estate firms led the decline, with indexes tracking those firms down 2.1 percent and 2.3 percent, respectively.

12:51pm IST

S.Korean stocks, won drop on China economy slowdown

SEOUL, July 16 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index and the Korean won weakened on Monday after the release of Chinese data showed a slowdown in the economy. South Korean bond yields also fell. ** At 06:31 GMT, the KOSPI was down 8.91 points or 0.39 percent at 2,301.99.

12:27pm IST

Indonesian villagers kill nearly 300 crocodiles in revenge attack

JAKARTA, July 16 Indonesian villagers armed with knives, hammers and clubs slaughtered 292 crocodiles in revenge for the death of a man killed by a crocodile at a breeding farm, an official said.

11:54am IST

Over a billion people struggle to stay cool as Earth warms

* Air conditioning, fridges, fans drive surge in energy demand

9:31am IST
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EU says China could open its economy if it wishes

BEIJING China could open its economy if it wishes, European Commission President Jean-Claude Juncker said on Monday in Beijing, as Beijing comes under growing pressure over its industrial policies amid an escalating trade war with Washington.