Europe Australia Trade

Moving away from its traditional focus on just South-South cooperation, India has progressively embraced regional trade agreements with the developed world. The latest deal with four European nations is an example.

However, while Chinese trade relations with Europe remain calm, the US has been warning officials in Canada and Australia about Huawei, raising questions about its global prospects.

Asian shares and the euro fell on Monday in choppy trade with exchanges closed in several Asian markets, including Australia and Hong Kong, as well as in Europe for Easter holidays.

Japan's economy grew at a slower-than-expected annualized rate of 1.4 percent in April-June, with Europe's economic and debt crisis hitting the country's export sector hard. The report, coming on top of weaker-than-expected trade data from China on Friday, compounded fears of a global economic slowdown.

HSBC's chief India economist Leif Eskesen said India's weakening economy was like a "gasping elephant".

Stocks on Wall Street and crude oil futures prices fell more than 1 per cent on the first trading day.

Shares of Essar Oil surged more than 3 per cent in morning trade after the company announced the completion of Vadinar refinery expansion

Moving away from its traditional focus on just South-South cooperation, India has progressively embraced regional trade agreements with the developed world. The latest deal with four European nations is an example.

However, while Chinese trade relations with Europe remain calm, the US has been warning officials in Canada and Australia about Huawei, raising questions about its global prospects.

Asian shares and the euro fell on Monday in choppy trade with exchanges closed in several Asian markets, including Australia and Hong Kong, as well as in Europe for Easter holidays.

Japan's economy grew at a slower-than-expected annualized rate of 1.4 percent in April-June, with Europe's economic and debt crisis hitting the country's export sector hard. The report, coming on top of weaker-than-expected trade data from China on Friday, compounded fears of a global economic slowdown.

HSBC's chief India economist Leif Eskesen said India's weakening economy was like a "gasping elephant".

Stocks on Wall Street and crude oil futures prices fell more than 1 per cent on the first trading day.

Shares of Essar Oil surged more than 3 per cent in morning trade after the company announced the completion of Vadinar refinery expansion