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Asia-Pacific News India

  • *India think-tank draft report suggests shift in green car policy. *Report aimed at electrifying all vehicles in India by 2032. "India's potential to create a new mobility paradigm that is shared, electric and connected could have a significant impact domestically and globally," said a draft version of the report, titled Transformative Mobility Solutions for...

  • TALLINN- Prime ministers of four countries- Poland's Beata Szydlo, Estonia's Juri Ratas, Latvia's Maris Kucinskis and Lithuania's Saulius Skvernelis- will meet to discuss regional security, transport and energy. MANILA- Philippines Central Bank holds its monetary policy meeting. MUMBAI- Federal Reserve Bank of New York President William Dudley speaks on "...

  • MUMBAI, May 4- Infosys said its plans to hire thousands of workers in the United States would enable faster deployment of staff in areas such as big data and cloud, dismissing concerns about additional labour costs. The Indian IT services firm said on Tuesday it aims to hire 10,000 U.S. staff over the next two years and open four technology centres in the United...

  • NEW DELHI, May 4- Coal India Ltd, the world's largest coal miner, is considering a listing on the London Stock Exchange and has had early discussions with the LSE, three sources with direct knowledge of the matter said on Thursday. A listing by the state-controlled miner would be a boost for the LSE as it looks to attract companies following Britain's vote to leave...

  • Shoppers look at 'lucky bags' containing luxury watches displayed outside a store on January 1, 2016 in Tokyo, Japan.

    There’s no cheap date in Zurich and running costs an arm and a leg in Copenhagen. If that gets you down, move to Wellington.

  • MUMBAI, May 4- With red-and-white headphones draped around her neck, 22- year-old Indian IT security consultant Abdhija Sharma looks like she would be more at home discussing the latest music or Bollywood movies than compound returns on equity investments. But at an office in a Mumbai suburb one recent Saturday, surrounded by banners urging them to "Create...

  • *Mahindra to wind up electric car sales business in UK. *Mahindra to cancel new orders in UK, buy back cars sold. "Immediately post Brexit, the e2o has not met the desired sales targets as per the plans for the UK market," a Mahindra spokesman said in an emailed response, without explaining how Britain's decision to leave the European Union hurt sales.

  • Apple's stock too expensive

    Stephen Isaacs, chairman of the investment committee at Alvine Capital, discusses Apple's stock and where to invest - including in the U.S. dollar and certain emerging markets.

  • CHICAGO, May 2- U.S. agricultural trader Archer Daniels Midland Co said on Tuesday that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting by their most in eight years. ADM shares closed down 8.9 percent at $41.67, the biggest percentage loss since May 2009. Together with Cargill Inc...

  • CHICAGO, May 2- U.S. agricultural trader Archer Daniels Midland Co said on Tuesday that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting by their most in eight years. ADM shares closed down 8.9 percent at $41.67, the biggest percentage loss since May 2009. Together with Cargill Inc...

  • CHICAGO, May 2- U.S. agricultural trader Archer Daniels Midland Co on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting despite reporting a higher first-quarter profit. The Chicago- based agribusiness said the outlook for its agricultural services...

  • Infosys is hiring thousands of American workers

    The Indian outsourcing firm announced it will hire 10,000 Americans for tech jobs in the U.S. over the next two years.

  • Bumper crop harvests in South America are adding to the world grain oversupply, but slow selling in Brazil has kept U.S. exports competitive in the global marketplace, benefiting the agricultural trader. Still, excess world grain stocks remain headwinds for ADM and rivals Bunge Ltd, Cargill Inc and Louis Dreyfus Corp, collectively known as the ABCD companies...

  • NEW DELHI, May 2- India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field. The drop in volumes follows India's threat to order state refiners- Hindustan Petroleum, Bharat Petroleum,...

  • Infosys pledges to hire 10K US workers

    CNBC's Seema Mody reports one of India's largest tech firms plans to bring thousands of jobs to the U.S.

  • Bumper crop harvests in South America are adding to the world grain oversupply, but slow selling in Brazil has kept U.S. exports competitive in the global marketplace, benefiting the agricultural trader. Still, excess world grain stocks remain headwinds for ADM and rivals Bunge Ltd, Cargill Inc and Louis Dreyfus Corp, collectively known as the ABCD companies...

  • May 2- U.S. agricultural trader Archer Daniels Midland Co on Tuesday reported a 47 percent jump in first-quarter profit, as higher U.S. exports of corn and soybeans boosted volumes and margins. Net profit attributable to ADM rose to $339 million, or 59 cents per share, in the quarter ended March 31, from $230 million, or 39 cents a share, a year earlier.

  • Employees walk below the Infosys logo at the company's campus in Electronics City in Bangalore, India.

    Infosys is joining a growing list of international firms that are pledging their support for American jobs.

  • Mobile payment app, Paytm sign in New Delhi

    SoftBank is set to announce it is investing $1.4 billion in India's Paytm.

  • NEW YORK, April 28- Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth. Growth stocks- whose profits are expected to grow at a faster pace than the broader market- are also outperforming their value counterparts in Asia and Europe.