Amid growing contention over the democratically-ruled island of Taiwan,Chinese President Xi Jinping said Friday China will never allow its sovereignty, security and development interests to be undermined. Gloria Tso reports.
The second and final debate between US Presidential election candidates Donald Trump and Joe Biden saw better articulation of their views and policy visions, but one area which didn't see much discussion was foreign policy. India was mentioned just once by Trump, when he called the country's air 'filthy' while commenting on climate change commitments. So which would be better for India - a continuation of the Trump administration in the White House, or the victory of challenger Biden? One big factor in the equation would be the next US government's attitude towards China. While Trump has been increasingly confrontational with Beijing, experts feel that Biden may adopt a less aggressive strategy. Former Indian ambassador to the US, Meera Shankar and Foreign Editor, Hindustan Times Pramit Palchaudhuri discuss the question with Hindustan Times' Aditi Prasad.
Credit: HT Digital Content Duration: 09:57Published
Business Insider reports that US stocks are on course to close lower for a third consecutive week. The S&P 500 has lost nearly 9% since early September's record high. That decline was mainly driven by losses in the technology sector. But Goldman Sachs, Wells Fargo and Deutsche Bank are upbeat the US stock market sell-off is mostly over. Goldman Sachs kept its end-of year S&P 500 target to 3,600 by year end.
Equity benchmark indices shaved off early gains but closed in the positive zone on Thursday following a rally in IT stocks amid dynamic global cues. The BSE SandP Sensex closed 304 points or 0.76 per cent at 40,183 while the Nifty 50 gained by 96 points or 0.83 per cent at 11,835. Tata Consultancy Services rose by 3 per cent to Rs 2,819 per share after reporting 6.6 per cent sequential growth to Rs 7,475 crore in the July to September quarter. It also decided to buy back up to 2.2 billion dollars in shares. HCL Technologies and Infosys were up by 2.6 per cent each. Pharma major Cipla ticked up by 4.9 per cent, Sun Pharma by 2.3 per cent and Dr Reddy's by 1.9 per cent. However, energy majors GAIL and ONGC dipped by 3 per cent and 2.8 per cent respectively. Eicher Motors, ITC, Asian Paints and Reliance Industries too traded with a negative bias. Meanwhile, Asian shares climbed to a one-month high as renewed hopes for more US stimulus helped restore investor confidence. Japan's Nikkei added 0.96 per cent while South Korea's Kospi moved up by 0.21 per cent. But Hong Kong's Hang Seng fell by 0.56 per cent.
Equity benchmark indices shrugged off border tensions between India and China and closed 2 per cent higher on Thursday with banking and financial stocks leading the rally. The BSE S and P Sensex closed..
Equity benchmark indices were flat during early hours on Thursday as border tensions between India and China continued to simmer while COVID-19 infections surged.At 10:15 am, the BSE SandP Sensex was..