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Why Mumbai lost out to Shanghai as HQ of BRICS bank

Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank’s base in......

Missile show of strength marks China's coming out party

'Extending the range of the DF-21D could challenge Indian aircraft carriers if the missiles are launched from southwest China. Also, if Pakistan acquires these systems, these missiles could......

China's turmoil is both economic and political

The chaos on its stock markets, a fierce battle between the old and new guard in the Communist Party and the restive border provinces of Tibet and Xinjiang forebode tough times ahead for China,......

BRICS Bank's first loan will be in Chinese currency: Kamath

The NDB opened in Shanghai on July 21 to finance infrastructure projects The first loan to be issued by the $100 billion New Development Bank of the five-nation BRICS bloc in April next year would......

What is the purpose of the BRICS Bank?

The fact that the Indian government has allowed the bank to be headquartered in Shanghai merely underlines the fact that this will be a largely Chinese enterprise.  With the announcement at......

HSBC eyes banking biz beyond metros

Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.“Several Indian companies are becoming......

ICICI Bank, HSBC start expanding credit card base

After almost four years, ICICI Bank and Hongkong and Shanghai Banking Corp (HSBC) have started expanding their credit card base. The duo, once the most aggressive credit card players in the......

Without branches, HSBC may call off RBS deal

Hongkong and Shanghai Banking Corporationis not likely to buy the retail and commercial banking businesses of Royal Bank of Scotland in India if it does not get the majority of the latter's......

Meet the Indians in action at the World Athletics

Indian athletes will begin their campaign in the World Championships, in Beijing, on Sunday Inderjeet Singh India's Inderjeet Singh chalks his neck as he competes in the men's shot. Photograph:......
  Web results for Shanghai Bank
Mumbai needs to improve ease of doingbusiness

While presenting the Budget estimates for 2016-17, Brihanmumbai Municipal Corporation chief Ajoy Mehta made several references to the ease of doing... ...

https://in.news.yahoo.com/citybiz-mumbai-needs-improve-ease-014300820.html
Dollar and U.S. yields rise, stocks fall after jobs report keeps Fed hike alive

By Patrick Graham LONDON (Reuters) - The wait for U.S. monthly jobs numbers steadied stock markets on Friday and allowed the dollar to recover... ...

http://www.sify.com/finance/dollar-and-us-yields-rise-stocks-fall-after-jobs-report-keeps-fed-hike-alive-news-commodities-qcgbc7abbdeii.html
Tech Sector Leads Sharp Selloff

By Leslie Josephs The S&P 500 posted its biggest weekly decline since the start of the year, with technology shares suffering particularly sharp... ...

http://in.advfn.com/news_Tech-Sector-Leads-Sharp-Selloff_70273936.html
China reserves data may put cat among global central bank doves

People walk in front of the financial district of Pudong in Shanghai, China, January 19, 2016. Reuters/Aly Song LONDON Global markets... ...

http://in.reuters.com/article/us-global-economy-idINKCN0VE1S5
U.S. Stocks Decline After Jobs Report

By Leslie Josephs and Riva Gold U.S. stocks fell on Friday after data showed the American economy created fewer jobs than expected last month.... ...

http://in.advfn.com/news_U-S-Stocks-Decline-After-Jobs-Report_70269442.html

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