Business

China popular with investors - despite fears over global trade war

China popular with investors - despite fears over global trade war

Chinese state researchers and media have talked down the likely impact of US trade measures on the world's second largest economy and described the Trump administration's posturing on trade as the product of an "anxiety disorder". But he gave no details or an exact date for taking the measures. China was potentially more vulnerable in any trade war because of the large number of services it imports from the US, Dr de Jonge said.


Axis Bank's CEO to step down early: Is RBI behind the decision?

Axis Bank's CEO to step down early: Is RBI behind the decision?

While the board has accepted Sharma's request, it has to be passed by the RBI now. The bank did not elaborate on why Sharma wanted to have her fourth term with the bank be reduced to 7 months from 3 years. Axis Bank has seen a spurt in non-performing assets (NPAs) by more than 300% in the past three years. The gross NPAs worth Rs 4,110 crore at the end of March 2015 surged to Rs 21,280 crore at the end of March 2017.


Russian tycoon hit by USA sanctions

Russian tycoon hit by USA sanctions

The main RTS index dropped 11%, affecting companies not caught by the sanctions. Rusal assesses that the sanctions may result in technical defaults in relation to certain credit obligations of the group, and the company is evaluating the impact of such technical defaults on its financial position.


Amazon.com Inc. (AMZN) CEO Sold $3751363.50 in Shares

Amazon.com Inc. (AMZN) CEO Sold $3751363.50 in Shares

The stock decreased 2.56% or $4.42 during the last trading session, reaching $168.38. About 5.12 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since April 8, 2017 and is uptrending. Leuthold Grp Inc Ltd Company has 84,176 shares. Counselors Inc holds 16,281 shares or 0.87% of its portfolio. Also, the number of investment managers holding Amazon Com Inc in their top 10 stock positions increased from 365 to 418 for an increase of 53.


USA imposes new sanctions on some Russian leaders, entities

USA imposes new sanctions on some Russian leaders, entities

Russia's Foreign Ministry said in a statement that no pressure could make Russian change its course and that the sanctions will only unite Russian society. Russian state companies under the US sanctions will receive additional government support, Interfax cited Russia's Industry and Trade Minister Denis Manturov as saying.


Judge hearing Salman Khan's bail plea transferred

Judge hearing Salman Khan's bail plea transferred

Bollywood actor Salman Khan has been granted bail days after he was sentenced to five years in prison in a high-profile blackbuck poaching case. During a break from filming, Khan allegedly went on a hunting trip with some of the film's co-stars, actresses Neelam Kothari, Sonali Bendre Behl and Tabu along with actor Saif Ali Khan (who stars in Netflix's upcoming first Indian series Sacred Games ).