Category «Asia»

Asia stocks mixed, U.S. inflation test looms

Asia stocks mixed, U.S. inflation test looms

By Administrator_India Capital Sands Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced another test later in the week from a reading on U.S. inflation that could spook the rate horses. The congressional passage of a long-delayed U.S. $1 trillion infrastructure bill cheered …

Asian shares wobble ahead of Fed outcome and earnings

Asian shares wobble ahead of Fed outcome and earnings

By Administrator_India Capital Sands Asian shares fell and U.S. stock futures were steady on Tuesday as caution ahead of a U.S. Federal Reserve meeting and a slew of corporate earnings offset growing optimism about the global economic recovery from the COVID-19 blow. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.14%. Australian stocks dropped …

Hong Kong Pledges HK$120 Billion in Support as Economy Recovers

India logs over 3.06 lakh new Covid-19 cases positivity rate sees an uptick

By Administrator_India Capital Sands Hong Kong’s Financial Secretary Paul Chan pledged HK$120 billion ($15.5 billion) of fiscal support for an economy slowly emerging from two years of recession. The counter-cyclical measures will help to stabilize the economy and relieve people’s burden, Chan said in his budget speech to the Legislative Council on Wednesday. The economy …

India seeks new preferential treatment from U.S. on drugs, other goods

Covid-19 vaccination: 81% of targeted beneficiaries get the jab in Odisha

By Administrator_India Capital Sands India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as the two sides seek to shore up a new trade deal, three sources said. India accounts for 40% of U.S. generic drug imports, including …

India’s Prime Minister Modi shuts Weibo account after app ban

India's Prime Minister Modi shuts Weibo account after app ban

By Administrator_India Capital Sands Sina Weibo, China’s answer to Twitter, said it has deleted Indian Prime Minister Narendra Modi’s account at the request of the Indian embassy, as tensions between the two countries continue to simmer over a border skirmish. Since posting on Sina Weibo the first time in 2015 during a visit to China, …