By Li Gu and Vidya Ranganathan SHANGHAI/SINGAPORE (Reuters) -China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country’s equity indexes, forcing a vicious cycle of selling in stocks and futures contracts as market participants manage their risks. Stock markets in Hong Kong and in mainland China …
‘Snowball’ derivatives feed China’s stock market avalanche Read More »
BEIJING (Reuters) – The death toll from a landslide in China’s Yunnan province rose to 25 late on Tuesday as rescue workers battled freezing temperatures and snow to locate dozens of missing people. Rescuers worked through the night sifting deep mounds of earth at the site of the landslide in Zhenxiong County, state-owned China Central …
Death toll in China landslide rises to 25, rescuers search for missing Read More »
By Manvi Pant BENGALURU (Reuters) -Indian shares surrendered early gains to end sharply lower on Tuesday, as HDFC Bank led a decline in financials, while Zee Entertainment plunged over 32% after its merger with Sony’s India unit collapsed. The blue-chip NSE Nifty 50 settled 1.54% lower at 21,238.80 points, while the S&P BSE Sensex lost …
Indian shares slump 1.5% as financials weigh; Zee plunges Read More »
TOKYO (Reuters) – Japan and the United States said on Tuesday they would continue to work with each other in maintaining the sanctions against Russia and supporting Ukraine in line with an agreement the Group of Seven industrialised nations reached last year. During an hour-long meeting with visiting U.S. Deputy Secretary of the Treasury Wally …
Japan, US agree to maintain sanctions on Russia, support Ukraine Read More »
By Krishn Kaushik NEW DELHI (Reuters) -At least eight people were injured after a Myanmar military aircraft that was supposed to fly back dozens of soldiers fleeing conflict at home overshot the runway of an airport in northeastern India on Tuesday, officials said. The injured were among 14 people on board the aircraft that was …
Myanmar military plane overshoots runway in India, eight injured Read More »
By Sunil Kataria and Saurabh Sharma AYODHYA, India (Reuters) – Tens of thousands of Hindus braved biting cold on Tuesday to pray at a new temple to Lord Ram in India’s northern city of Ayodhya, a day after its inaugural by Prime Minister Narendra Modi at a site believed to be the god-king’s birthplace. Hindu …
Hindus throng Ram temple in India’s Ayodhya as it opens to the public Read More »
By Rama Venkat BENGALURU (Reuters) -Shares in India’s Zee Entertainment plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 billion merger with Sony’s local unit fanned concern that it will fail to thrive. At least six brokerages said investors should sell Zee’s stock in …
India’s Zee slides 30%, Sony deal collapse stokes worries about its prospects Read More »
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) -The Philippine government will not cooperate with the International Criminal Court’s (ICC) investigation into a brutal anti-narcotics campaign, President Ferdinand Marcos Jr said on Tuesday. “I consider it as a threat to our sovereignty. Therefore, the Philippine government will not lift a finger to help any …
Philippines will not ‘lift a finger’ to assist ICC’s drug war probe Read More »
(Reuters) – Following is a factbox on the five-match test series between India and England beginning in Hyderabad on Thursday: FIXTURES First test: Jan. 25-29, Hyderabad Second test: Feb. 2-6, Vishakhapatman Third test: Feb. 15-19, Rajkot Fourth test: Feb. 23-27, Ranchi Fifth test: March 7-11, Dharamsala *Play begins 0400 GMT/0930 local INDIA World ranking: 2 …
By Amlan Chakraborty NEW DELHI (Reuters) – India have not lost a test series at home in more than a decade but that formidable record will be under threat when Rohit Sharma’s side take on England in a five-match series beginning in Hyderabad on Thursday. Ben Stokes returns from knee surgery to skipper the side …
Cricket-India put proud home record on the line against flamboyant England Read More »
