China disappoints investors by skipping signals for big stimulusChina's President Xi Jinping and top leaders declared that making industrial policy a main economic focus in the coming year. This disappoi...
China's top banks to issue offshore loans to help developers repay debtThe regulators have given 'window guidance', or verbal orders that leave no paper trail, to the banks, setting a date of Dec. 10 by which t...
Asian stocks creep higher on hopes Fed will tone down hikesGains in Hong Kong, Australia and Korea pushed MSCI's index of Asia-Pacific shares outside Japan up 0.8%. But China stocks fell following w...
Some Chinese financiers cold shoulder Beijing's property rescue callWithout explicit financial backstop from Beijing, senior executives at some of the institutions are wary of engaging with cash-strapped dev...
Tapan Dutta murder: Calcutta HC orders CBI probe into 11-year-old caseHigh Court’s Rajsekha Mantha’s bench today ordered the central agency to take over the investigation. Names of several heavyweight leaders ...
A former Chemistry teacher, an ex-factory worker: Meet the world's richest self-made womenOf the top 10 ranks, nine are held by Chinese women.
Arundhati Bhattacharya, Chanda Kochhar, Shikha Sharma among most powerful women outside US in Fortune listArundhati Bhattacharya, 60 is ranked second on the list, while Kochhar comes in on the fifth spot and Sharma on the 19th position.
- Asian credit spreads widen, Indian banks underperform
Recent fundflow data shows new subscriptions are continuing to flow into riskier assets although the momentum has moderated.
- Oprah Winfrey, Rowling among richest self-made women
A US business magazine said out of the world's 1011 billionaires, only 14 are women who earned their fortunes, rather than inherited them. ...