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India could benefit from re-orientation of global supply chain away from China after Trump's victory: Report

India could benefit from re-orientation of global supply chain away from China after Trump's victory: Report

Sat, Nov 09, 2024

The report also points out that these tariffs may trigger inflation in the United States by raising the prices of imported goods, which could affect global trade flows and economic stability.

Bezos Comments on Trump's 2024 Presidential Win

Bezos Comments on Trump's 2024 Presidential Win

Thu, Nov 07, 2024

In this video, Jeff Bezos comments on Donald Trump’s victory in the 2024 U.S. presidential election, calling it an "extraordinary" political comeback. Bezos reflects on the significance of Trump’s win and its potential impact on the future of American politics. The video also explores the broader context of the election, including key issues and the political landscape surrounding the election results.

PM Modi calls US President-elect Trump after former US president's stunning victory in 2024 polls

PM Modi calls US President-elect Trump after former US president's stunning victory in 2024 polls

Thu, Nov 07, 2024

PM Narendra Modi was learned to have praised the performance of the Republican party in the Congressional elections after the former American president made a stunning comeback for a second inconsecutive term in the White House.

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Facebook temporarily bans journalist for slamming Donald Trump fans

Facebook temporarily bans journalist for slamming Donald Trump fans

Sat, Dec 31, 2016

In a latest incident of censorship, Facebook on Friday temporarily restricted journalist Kevin Sessums`s account, after he called US President-elect Donald Trump`s supporters "a nasty fascistic lot" in a post.

India Inc nets Rs 6.3 lakh crore from markets, bets big on bonds

India Inc nets Rs 6.3 lakh crore from markets, bets big on bonds

Sun, Dec 25, 2016

Betting big on capital markets for raising funds, Indian companies have garnered an estimated Rs 6.3 lakh crore from the marketplace in 2016, with debt instruments being the most favoured route to raise money for their business needs amid volatile trends in equities.

China fines General Motors' unit $29 million for 'price-fixing'

China fines General Motors' unit $29 million for 'price-fixing'

Sat, Dec 24, 2016

Beijing has fined the Chinese unit of General Motors (GM) nearly $29 million for "infringing on the rights of consumers and its competitors" via price-fixing, Shanghai authorities said.

Emerging markets have seen $23 billion in outflows since October: IIF

Emerging markets have seen $23 billion in outflows since October: IIF

Wed, Dec 21, 2016

Non-resident investors have pulled a total of $23 billion from emerging market portfolios since early October, a survey released on Tuesday showed, including $18 billion since the US presidential election.

China's money markets battle dual deficits of cash, trust

China's money markets battle dual deficits of cash, trust

Wed, Dec 21, 2016

China`s money markets are bracing for a rough transition into 2017 as a traditional year-end cash deficit coincides with heavy capital outflows and a disruptive bond default that are creating sporadic cash shortages and ramping up counterparty risk.

Bank of Japan keeps policy on hold, brightens view of economy

Bank of Japan keeps policy on hold, brightens view of economy

Tue, Dec 20, 2016

The Bank of Japan (BOJ) kept monetary policy steady and took a more upbeat view of the economy on Tuesday, reinforcing market expectations that its future policy direction could be an increase - not a cut - in interest rates.

Bank of Japan likely to keep monetary policy steady on December 20

Bank of Japan likely to keep monetary policy steady on December 20

Tue, Dec 20, 2016

The Bank of Japan (BOJ) is likely to keep monetary policy steady and give a more upbeat view of the economy on Tuesday, reinforcing market expectations that its future policy direction could be an increase - not a cut - in interest rates.

Dollar pulls away from 14-year peak as investors take profits

Dollar pulls away from 14-year peak as investors take profits

Mon, Dec 19, 2016

The dollar edged lower in Asian trading on Monday as some investors took profits after its rise last week to a 14-year peak against a currency basket, though it remained underpinned by expectations of more US interest hikes in the coming year.

Asia stocks find relief as China set to return seized US drone

Asia stocks find relief as China set to return seized US drone

Mon, Dec 19, 2016

Asian shares steadied in early trade on Monday after China agreed to return a US drone it had seized, easing worries about rising diplomatic tensions between the world`s two biggest economic powers.

2017 may remain challenging for job seekers, pay hikes: Experts

2017 may remain challenging for job seekers, pay hikes: Experts

Sun, Dec 18, 2016

After a challenging year amid global headwinds and cash-crunch back home, the job market is heading for yet another gloomy year with employers already on 'wait and watch' mode and pay hikes indicating a weak trend, say experts.

Services to form 25% of global trade by 2030: HSBC

Services to form 25% of global trade by 2030: HSBC

Sun, Dec 18, 2016

As economic and political headwinds slow global trade in commodities and manufactured goods, opportunities linked to services will be more and are expected to form 25% of global trade in a sustained manner by 2030, a report by HSBC has said.

Richmond Fed's Jeffrey Lacker says more than three rate hikes likely needed in 2017

Richmond Fed's Jeffrey Lacker says more than three rate hikes likely needed in 2017

Sat, Dec 17, 2016

The US Federal Reserve will likely need to raise interest rates more than three times next year and faces challenges in gradually cooling off the US economy, Richmond Fed President Jeffrey Lacker said on Friday.

China urges calm on yuan after US rate hike

China urges calm on yuan after US rate hike

Fri, Dec 16, 2016

The mouthpiece of China’s Communist Party said on Friday there was “no need to worry too much” about downward pressure on the yuan as the currency wallows at more than eight-year lows against the dollar.

Oracle's revenue growth falls short of analysts' expectations

Oracle's revenue growth falls short of analysts' expectations

Fri, Dec 16, 2016

Business software maker Oracle Corporation`s adjusted revenue missed analysts` estimates for the seventh time in the last eight quarters, showing that its shift to cloud-based offerings is taking longer than Wall Street expected.

Facebook lets users click to report fake news

Facebook lets users click to report fake news

Fri, Dec 16, 2016

Facebook announced on Thursday it was offering a tool allowing users to report fake news, a move aimed at stemming a wave of misinformation which some claim influenced the 2016 US election.

US Federal Reserve raises key interest rate, sees three hikes in 2017

US Federal Reserve raises key interest rate, sees three hikes in 2017

Thu, Dec 15, 2016

The policy-setting Federal Open Market Committee voted unanimously to increase the key federal funds rate to a range of 0.5 to 0.75 percent, but repeated that the world`s biggest economy likely will require only "gradual" rate increases going forward.

US Fed rate hike, Trump reign not a good sign for gold in near term

US Fed rate hike, Trump reign not a good sign for gold in near term

Wed, Dec 14, 2016

The US Federal Reserve and President-Elect Donald Trump are turning out to be bad news for gold prices globally. As per investing.com, gold futures was trading at $1364.40 post Brexit. However, prices went into a continuous decline and is currently trading at under-$1170-level.

US Fed set to hike rates, policy outlook now hinges on Trump presidency

US Fed set to hike rates, policy outlook now hinges on Trump presidency

Wed, Dec 14, 2016

Trump has not yet taken office, and any proposals would have to clear a Republican-controlled Congress that may be stricter about increasing public debt than Trump. In recent public appearances some Fed officials have said they see a chance Trump`s policies may force them to speed the pace of rate increases, yet also said they are hesitant to change their outlook before he shares more details.

Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval

Monsanto shareholders back Bayer deal, CEO hopeful of U.S. approval

Wed, Dec 14, 2016

Increased research and development spending by the combined companies and plans to develop a global seeds and biotechnology hub in St. Louis fuel hopes regulators will not block the deal, which was agreed upon in September, Monsanto CEO Hugh Grant said.

Asian energy firms rally with oil on output cut deal

Asian energy firms rally with oil on output cut deal

Mon, Dec 12, 2016

The 11 nations, led by Russia, said they would pump more than half a million fewer barrels a day from next month in an effort to address a global supply glut that has scythed prices over the past two years.

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