India’s overtaking of China in key global gauges will likely usher in a bigger influx of foreign flows, giving equities in the South Asian country another boost. India has overtaken China in the MSCI AC World IMI Index with a 2.35% weighting compared to a 2.24% for the latter, according to a Morgan Stanley report…
The U.S. Federal Reserve is on Wednesday heading for its first interest rate cut since the onset of the Covid-19 pandemic — and despite the move being widely forecast, global investors are braced for impact. The Fed is behind a swathe of its central bank peers, including those in the euro zone, the U.K., Canada,…
China said it found evidence of dumping by European brandy makers in a preliminary probe but stopped short of levying tariffs, in a sign Beijing wants to negotiate with the European Union in managing various trade issues spanning electric cars to agriculture. Imported brandy from the European Union has been dumped into China, dealing material…