World stocks slide, yen jumps, as trade war fears grip markets

Mar 23 2018 | 52 mins ago

The threat of a global trade war sent stock markets sliding and investors rushing for the safety of currencies like the yen and government bonds.

Escalating trade aggression sends FTSE 100 spiraling

Mar 23 2018 | 55 mins ago

Mounting fears of a global trade war after the US slapped tariffs on imports from China sent British stocks to a fresh 15-month low.

Wynn sells stake in company he founded, Macau casino buys in

Mar 23 2018 | 1 hrs ago

Steve Wynn, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the casino and hotel enterprise he founded over 16 years ago.

'Global trade facing challenges,India needs to boost exports'

Mar 23 2018 | 1 hrs ago

The world is facing serious challenges as the US is taking protectionist measures and India needs to explore ways to boost exports, Commerce Minister Suresh Prabhu said.

Huawei's new phone with 512GB internal storage listed online

Mar 23 2018 | 1 hrs ago

Huawei may launch a smartphone with a whopping 512GB internal storage. A model with this specification has been spotted on China's regulatory body website TENAA.

Rio Tinto sees iron ore market to stay balanced through 2019

Mar 23 2018 | 1 hrs ago

Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, world’s biggest steel consumer.

European shares fall further as trade fears mount

Mar 23 2018 | 1 hrs ago

European shares fell with tech, basic resources stocks and banks bearing the brunt of a wide sell-off triggered by worries that US tariffs could escalate into trade war.

Naspers raises $9.8 billion from Tencent stake sale

Mar 23 2018 | 3 hrs ago

Naspers has raised $9.8 bn from the sale of a 2% stake in Tencent to strengthen its balance sheet and fund growth in its e-commerce businesses, it said on Friday.

Nissan says aims to sell 1 mn electric vehicles annually by 2022

Mar 23 2018 | 4 hrs ago

Nissan said it planned to sell 1 million electric vehicles annually by 2022, including all-battery EVs and cars powered by its “e-Power” gasoline hybrid technology.

Sensex, Nifty follow global markets down on trade war fears

Mar 23 2018 | 4 hrs ago

Sensex and Nifty dived more than 1%, in line with global markets as heated rhetoric between the US and China over import tariffs led to global trade war fears.

Indian Markets


    32,596.54 409.73   (-1.24 %)

    9,998.05 116.70   (-1.15 %)

Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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