A 62-year-old man rammed his car into a crowd of people exercising at a sports centre in Zhuhai, China, killing 35 and injuring 43. The attacker, identified as Fan, was quickly apprehended and is currently receiving medical treatment after attempting self-harm. Police believe Fan's actions were motivated by his dissatisfaction with the property division outcome of his divorce. The incident occurred on Monday evening but was not reported by Chinese media until Tuesday evening. The event has sparked concerns and prompted authorities to strengthen security measures and investigate the incident.
The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency. Forex traders said the Indian rupee depreciated as the US dollar rose to the highest levels in six months. Moreover, elevated crude oil prices also weighed on rupee.
Chinese President Xi Jinping's strict adherence to a 'zero COVID' policy had led to widespread civilian protests across the country.
The average age of those who died was 80.3, and 90 per cent of the fatalities were aged 65 or over, the Hong Kong-based South China Morning Post reported.
The official survey focuses more on larger firms.
Manufacturing of consumer goods, like food and liquor continued to improve in September.
An exclusive white paper by the Jamestown Foundation claims that the powerful figures arraigned against the President include former Vice-President Zeng Qinghong and current Vice-President Wang Qishan, The Hong Kong Post reported.
The Tibetan nation still lives under the yoke of the Chinese Communist Party, and Beijing today has a guilty conscience; this creates a great uneasiness for Xi Jinping and his colleagues observes Claude Arpi.
Zhang Wenhong, who heads the Covid-19 clinical expert team in Shanghai and leads the infectious disease department at one of the eastern metropolitan city's top hospitals, expects that in the long term, countries will have to take a flexible approach to recurring outbreaks.
Markets will continue to remain volatile till the Chinese economy shows some signs of stability
Zhu, 56, was found to have hanged himself in the office's garage, a report on the online edition of Chinese magazine Caixin said.
Dying To Survive, on its way to becoming China's biggest box office hit, may compel the Xi Jinping government to change its policy towards Indian pharmaceutical companies, says Tarun Vijay.
The breadth, indicating strength of the market was strong
The S&P BSE Sensex plunged 128 points to end at 25,102.
The BSE Mid-Cap index was currently down 1.25%
Chinese shares opened lower, with the Shanghai Composite Index down 1.8% and the CSI300 index down 2.2%.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
For Make in India's success, Modi govt msut remove policy paralysis.