GO
Loading...

Enter multiple symbols separated by commas

Asia Top News and Analysis India

More

  • July 20- Morgan Stanley reported an 8.5 percent fall in quarterly profit, hurt by a rise in compensation costs and as the sixth-largest U.S. bank by assets set aside more money to cover taxes. Morgan Stanley, the last big U.S. bank to report second-quarter earnings, said its net income from continuing operations applicable to the company fell to $1.67 billion, or 85...

  • Will Asia disrupt energy financing? Sunday, 19 Jul 2015 | 7:27 PM ET
    A man boats in the Jiaxing, Zhejiang province of China, which built its first solar power station above a 160,000-square-meter fishpond.

    Faced with a yawning energy deficit and a need to protect against climate change, Asia is looking at fresh ways to finance a shift toward renewables.

  • *China's corporate debt 160 pct of GDP, twice U.S. level. HONG KONG, July 19- Beijing may have averted a crisis in its stock markets with heavy-handed intervention, but the world's biggest corporate debt pile- $16.1 trillion and rising- is a much greater threat to its slowing economy and will not be so easily managed. Corporate China's debts, at 160 percent of GDP, are...

  • Two veiled women look at smart phone brands in Paytakht computer mall in Tehran, Iran.

    European and Asian business could pour into Iran if sanctions are lifted, but U.S. law would keep most Americans on the sidelines.

  • NEW DELHI, July 17- Iranian President Hassan Rouhani has asked India to invest in infrastructure projects worth $8 billion, including an expanded role in developing a strategic port that will open up access to Central Asia, Iran's envoy to New Delhi said on Friday. Rouhani suggested the larger role for India during a meeting with Prime Minister Narendra Modi on...

  • CASTELFRANCO VENETO, Italy, July 17- Clusters of silkworms munch on piles of locally-grown mulberry leaves in a white marquee in Italy's northern Veneto region. This budding silk industry is minuscule compared to the 130,000 tonnes of silk China manufactured in 2013, according to the International Sericultural Commission. Italy- which is one of the world's...

  • NEW DELHI, July 17- Indian Prime Minister Narendra Modi's top civil servant hauled road builder KMC Constructions into his office last week, along with a state bank and officials, and set an October deadline to finish the Pink City Expressway linking Delhi and Jaipur. But a handful of troubled mega-projects like the Pink City Expressway are proving to be...

  • July 16- The U.S. Federal Communications Commission is set to reject $3.3 billion worth of discounts requested by partners of Dish Network Corp, SNR Wireless and NorthStar Wireless, in the government's $45 billion airwave auction earlier this year, the Wall Street Journal reported, citing sources. The FCC officials reviewed $13.3 billion of winning bids by the...

  • July 16- Goldman Sachs Group Inc has begun staffing up again after years of cutting back, to build up its investment management business and comply with new regulations. The workers it is hiring are mainly in lower-cost places like Salt Lake City and Bangalore, Chief Financial Officer Harvey Schwartz said Thursday on the bank's second quarter earnings call.

  • Goldman Sachs pads bottom line with frugal hiring Thursday, 16 Jul 2015 | 12:58 PM ET

    July 16- Goldman Sachs Group Inc is hiring like crazy to expand its investment management business, but because many of its new workers are based in low-cost cities, its costs are still going down. Its workforce of 34,900 employees at June 30 was up 8 percent over a year and up 1 percent since March 31. The bank shifted parts of its workforce that handle tasks, ranging...

  • NEW DELHI/ BHUBANESWAR, India, July 16- South Korean steelmaker POSCO could scrap plans for a $12 billion project it agreed to set up in India a decade ago, after a new law made it costlier to source iron ore for the plant, a company spokesman told Reuters. The U.S.-listed shares of POSCO fell as much as 3.3 percent to their lowest in more than six and a half years after the...

  • SARVE, India, July 16- Farmers in India run the risk of planting too much, too fast in the current monsoon season as an unexpected dry spell starts to wilt crops across the country, raising fears of lower yields and surging food prices in a mostly impoverished nation. Food prices are a political hot potato in India, where more than a quarter of its population of 1.2...

  • MUMBAI, July 16- A crack team of regulators and specially trained state police are spearheading India's efforts to stamp out the country's "shadow" market in shares and commodities, turning up the heat on backstreet traders who threaten the broader financial system. Though brushing off comparisons, regulators and brokers acknowledge China's dramatic stock...

  • Gundlach: We're long India stock market Wednesday, 15 Jul 2015 | 12:37 PM ET
    Gundlach: We're long India stock market

    We're going to be long there for years, says DoubleLine Capital's Jeffrey Gundlach, revealing his play on India. Also Gundlach shares his thoughts on opportunities in Japan.

  • NEW DELHI, July 15- Opposition parties boycotted Prime Minister Narendra Modi's latest attempt to build consensus around a business-friendly land bill on Wednesday, boding badly for his ambitious agenda of economic reform in a parliament session that starts next week. Almost half of India's 31 chief ministers spurned Modi's invitation to meet him in New...

  • Asia Inc looks to post-sanctions Iran for demand spurt Wednesday, 15 Jul 2015 | 7:22 AM ET

    SEOUL/ NEW DELHI, July 15- From steelmakers to construction firms, industrial companies in Asia hope an end to sanctions in Iran can provide a new source of sorely-needed demand. Shares in GS E&C, which walked away from a $1.2 billion project in Iran five years ago as sanctions escalated, gained nearly 5 percent on Wednesday, and South Korea's construction index...

  • Asia ready to buy more Iranian oil when sanctions lifted Wednesday, 15 Jul 2015 | 4:29 AM ET

    *India, others set to increase Iran oil imports when allowed. NEW DELHI/ SINGAPORE, July 15- Asian refiners are set to buy more crude oil from Iran once they receive word on when sanctions will be lifted, expecting Tehran to price its oil competitively as it tries to rebuild market share in an oversupplied market. Iran has said its priority destination for selling its...

  • *Iran, global powers reached nuclear deal on Tuesday. *No big Iran export surge seen before 2016. Under the nuclear deal reached on Tuesday, sanctions imposed by the United States, the European Union and the United Nations are to be lifted in exchange for curbs on Iran's nuclear programme.

  • UPDATE 2-Pluto probe survives encounter, phones home Tuesday, 14 Jul 2015 | 9:18 PM ET

    NASA's New Horizons spacecraft passed by the ice-and-rock planetoid and its entourage of five moons at 7:49 a.m. EDT. But right on time, New Horizons made radio contact with flight controllers at the Johns Hopkins University Applied Physics Lab outside Baltimore, sparking a wave of shouts and applause from an overflow crowd gathered to watch the drama...

  • *Nuclear deal reached between Iran, global powers. NEW YORK, July 14- Stock markets worldwide rose modestly on Tuesday after a landmark nuclear deal between Tehran and six global powers left sanctions on Iran in place for now, spurring gains in energy shares, while expectations for weak corporate results capped U.S. share gains. The deal, which is set to ease...