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US sanctioned Iran oil tanker turns away from India, heads to ChinaIran war: A US-sanctioned tanker carrying Iranian crude, Ping Shun, has changed course to China after earlier signaling India as its destin...
Tanker carrying Iran crude signals India after 7-year import gapA US-sanctioned tanker carrying Iranian crude is heading to India, potentially marking the country’s first such import since 2019 after it ...
India's first Iranian oil cargo since 2019 headed to Gujarat coastIndian refiners have been looking to purchase a few cargoes of Iranian oil on water following the recent sanctions waiver by Washington.
Global Market | Chinese bank stocks outperform on prospects of eased shareholder rulesChinese banking stocks showed resilience as regulators consider relaxing shareholder restrictions, potentially allowing investors to hold m...
Cloud security startup PingSafe raises $3.3 million in funding led by SurgeThe freshly raised capital will help the startup advance its cloud security solution and product innovation, and also ramp up its global bu...
HSBC defeats proposal to split bankShareholders voted overwhelmingly to reject the move, in line with the Asia-focused lender's recommendation, the group said at its annual g...
Fintechs to ping government, RBI on central bank noteThe industry groupings are likely to also highlight the quantum of global capital that’s been invested in the space and how such disruption...
IL&FS sells Chinese expressway stake to address Rs 2,600 crore debtThe stake is sold to China Merchants and Pingan Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd, a fund jointly owned by Pin...
States ping banks, payment companies to adopt contactless solutionsUttar Pradesh, Gujarat and Rajasthan transport bodies have issued tenders for contract, calling for bids from banks and digital service pro...
CarDekho raises $70 million in new funding round led by Ping An Global Voyager FundSunley House Capital Management is the second new investor, while CarDekho’s existing backers, Sequoia Capital and Hillhouse also participa...
Rebalancing refining market, faster asset monetisation to drive RIL upside: Morgan StanleyThe other two to feature in the August 18 report were Ping An Bank and NTT Docomo.
JPMorgan fund manager says always buy the dip in emerging marketsIndian banks are starting to win market share as more people seek financial services.
PolicyBazaar looks for cover in SoftBank’s healthy startup listFirm planning to work with China’s Ping An Insurance Group as a model for DocPrime.
Now Whatsapp the money to your friendsIf you run out of cash at a pub you can WhatsApp your friend and ask for cash. Axis Bank now facilitates instant transfer of money.
- Chinese insurer to record $2.3 bn loss on Fortis
Ping An Insurance Co., one of China's biggest insurers, said Monday it will record a $2.3 billion loss on its stake in troubled European ba...
- Fortis not to complete Chinese deal
Fortis NV said Tuesday that it would not complete a deal with a Chinese insurer that had planned to buy half of the Belgian-Dutch bank's as...
- Global churn may bring Chinese insurance firms to India
Chinese insurance firms could end up having a strategic stake in life insurance in India if their global acquisition plans attain fruition.
- Chinese insurer Ping An to raise $22 bn for acquisitions
A major Chinese insurer has announced plans to raise up to $22 billion for acquisitions at a time when US and European banks, battered by m...
- Chinese insurer acquires 4.2% in Fortis for $2.7 bn
China’s state-owned companies spent almost $17 billion on overseas financial purchases in 2007, buying stakes in Barclays, Bear Stearns, Bl...
- Banking investment in China set to skyrocket
Around $5.7 billion in insurance capital could flood into China's banking sector this year after the nation's insurance watchdog unveiled a...