China Stock Plunge

The relentless plunge in China's stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that's rarely been seen before.

Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares.

Domestic stock markets slumped more than 3 per cent on Friday continuing their downward spiral for the sixth session in a row, as fears the coronavirus outbreak may trigger recession across major economies spooked their global peers. Hopes the coronavirus would be contained to China vanished on Friday as infections spread rapidly around the world, ...

MSCI's all-country world index fell 0.3 per cent after a 3.3 per cent drop on Thursday. So far this week, it has lost 9.2 per cent, on course for its biggest weekly decline since a 9.8 per cent plunge in November 2008.

The S&P BSE Sensex and NSE Nifty 50 indexes plunged the most since Budget day as spread of coronavirus to other countries outside Mainland China plagued the global market sentiment.

Domestic stock markets moved lower on Thursday tracking weakness in Asian peers as worries about the economic impact from the coronavirus epidemic in China continued to weigh on sentiment. The S&P BSE Sensex index declined as much as 347.15 points to hit 40,851.51, and the broader NSE Nifty benchmark slid to as low as 12,019.85, down 109.65 points ...

Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China's spreading virus outbreak curbed risk appetite. Analysts expect Indian markets to remain volatile until the announcement of the budget on Saturday, which may include government measures to revive economic growth that has...

The United States and China traded blows in an unrestrained economic conflict Monday that sent stock markets plunging and threatened to inflict significant damage on a weakening global economy.

US stocks opened lower, with the Dow Jones Industrial Average down 0.73 per cent and the Nasdaq Composite dropping 1.22 per cent. Technology stocks led a selloff across Asian, European and US shares after Apple cut its revenue forecast, its first downgrade in nearly 12 years, blaming weaker iPhone sales in China.

President Donald Trump took the biggest economic gamble of his presidency, ordering tariffs on Chinese goods in a move that could escalate already tense trade relations between the world's two biggest economies. Stocks plunged, led by Boeing.

Beijing at the weekend released figures showing exports fell almost two percent last month while imports plunged nearly 11 percent, stoking fresh fears about the state of the world's number two economy.

European shares plunged to 16-month lows on Monday, extending a aggressive sell-off, while bond yields and oil also fell as investors shed risky assets on persistent concern over the pace of global growth.

China's central bank held the line on its yuan for a fourth straight session on Wednesday while putting the squeeze on offshore sellers of the currency, calming fears of a sustained depreciation - at least for now.

A brutal new year selloff in oil markets quickened on Monday, with prices plunging 6 per cent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude as low as $20 a barrel.

Wall Street rallied to finish slightly higher on Monday, steadying after a brutal start to 2016, while beaten-down oil prices plunged further after a fresh tumble for Chinese stocks.

The relentless plunge in China's stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that's rarely been seen before.

Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares.

Domestic stock markets slumped more than 3 per cent on Friday continuing their downward spiral for the sixth session in a row, as fears the coronavirus outbreak may trigger recession across major economies spooked their global peers. Hopes the coronavirus would be contained to China vanished on Friday as infections spread rapidly around the world, ...

MSCI's all-country world index fell 0.3 per cent after a 3.3 per cent drop on Thursday. So far this week, it has lost 9.2 per cent, on course for its biggest weekly decline since a 9.8 per cent plunge in November 2008.

The S&P BSE Sensex and NSE Nifty 50 indexes plunged the most since Budget day as spread of coronavirus to other countries outside Mainland China plagued the global market sentiment.

Domestic stock markets moved lower on Thursday tracking weakness in Asian peers as worries about the economic impact from the coronavirus epidemic in China continued to weigh on sentiment. The S&P BSE Sensex index declined as much as 347.15 points to hit 40,851.51, and the broader NSE Nifty benchmark slid to as low as 12,019.85, down 109.65 points ...

Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China's spreading virus outbreak curbed risk appetite. Analysts expect Indian markets to remain volatile until the announcement of the budget on Saturday, which may include government measures to revive economic growth that has...

The United States and China traded blows in an unrestrained economic conflict Monday that sent stock markets plunging and threatened to inflict significant damage on a weakening global economy.

US stocks opened lower, with the Dow Jones Industrial Average down 0.73 per cent and the Nasdaq Composite dropping 1.22 per cent. Technology stocks led a selloff across Asian, European and US shares after Apple cut its revenue forecast, its first downgrade in nearly 12 years, blaming weaker iPhone sales in China.

President Donald Trump took the biggest economic gamble of his presidency, ordering tariffs on Chinese goods in a move that could escalate already tense trade relations between the world's two biggest economies. Stocks plunged, led by Boeing.

Beijing at the weekend released figures showing exports fell almost two percent last month while imports plunged nearly 11 percent, stoking fresh fears about the state of the world's number two economy.

European shares plunged to 16-month lows on Monday, extending a aggressive sell-off, while bond yields and oil also fell as investors shed risky assets on persistent concern over the pace of global growth.

China's central bank held the line on its yuan for a fourth straight session on Wednesday while putting the squeeze on offshore sellers of the currency, calming fears of a sustained depreciation - at least for now.

A brutal new year selloff in oil markets quickened on Monday, with prices plunging 6 per cent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude as low as $20 a barrel.

Wall Street rallied to finish slightly higher on Monday, steadying after a brutal start to 2016, while beaten-down oil prices plunged further after a fresh tumble for Chinese stocks.