India's largest private port operator Adani Ports and Special Economic Zone is in early talks to acquire real-estate conglomerate Shapoorji Pallonji Group's (SP Group) Gopalpur port in Odisha for about 11-12 billion rupees ($132-$144 mln), The Economic Times reported on Thursday.
China's iron ore imports in November climbed 3.4% from October, customs data showed on Thursday, as improved steel mill margins and an appreciating yuan underpinned buying of the key steelmaking ingredient.
China's crude oil imports in November fell 9.2% year-on-year, customs data showed on Thursday, in first annual decline since April as high inventory levels, weak economic indicators and slowing orders from independent refiners weakened demand.
Shares of India's Paytm plunged 10.4% in pre-open trade on Thursday, a day after the digital payments firm said it will issue fewer sub-50,000-rupee (about $600) personal loans, weeks after the central bank tightened rules on consumer lending.
China's November coal imports rose 20.9% from the previous month, customs data showed on Thursday, as buyers took advantage of cheaper imported coal to stock up for winter.
China imported 7.92 million metric tons of soybeans in November, customs data showed on Thursday, rising 7.8% from a year earlier as cheaper Brazilian beans continued to overtake U.S. beans and dominate arrivals.
China's exports grew for the first time in six months in November, customs data showed on Thursday, suggesting the manufacturing sector may be beginning to benefit from an uptick in global trade flows.
Pele's former club Santos were relegated for the first time in their 111-year history on Wednesday following a 2-1 home loss to Fortaleza in the final round of Brazil's Serie A.
Sanofi said on Thursday it will focus on 12 potential blockbuster drug candidates and prioritise development in immunology, as it faces investor pressure after abandoning 2025 margin targets while boosting research and development spending.
Asian shares fell with Wall Street on Thursday, while a sharp fall in oil prices to a five-month low promised to further reduce inflationary pressures and helped boost the global bond market.
(RTTNews) - Mirroring the broadly negative cues from Wall Street overnight, Asian stock markets are trading mostly lower on Thursday, as energy stocks tumbled amid a sharp fall in crude oil prices and traders reacted to some economic data emerging from the region, including from
Chicago wheat futures held steady on Thursday after a third large Chinese purchase of U.S. wheat in three days pushed prices to a four-month high in the previous session.
India's largest private
port operator Adani Ports and Special Economic Zone is
in early talks to acquire real-estate conglomerate Shapoorji
Pallonji Group's Gopalpur ports in Odisha for about 11-12
billion rupees ($132-$144 mln), newspaper daily The Economic
Times reported on Thursday.
Lynas Rare Earths, the world's biggest rare earths
miner outside China, on Thursday said its Kalgoorlie processing
facility in Western Australia has achieved its first feed.
Asana (NYSE: ASAN) reported quarterly results on Wednesday, and the market didn't like the trends in the business. Not only is the work management software company still losing money, growth is slowing to a crawl, and customers seem to be reducing their spend.
While it's early days, this seems to be an ideal week to own shares of bond trading platform operator MarketAxess Holdings (NASDAQ: MKTX). After the previous day's 5%-plus pop, the stock rose an additional 4% on Tuesday; by contrast on the latter day, the S&P 500 index dipped
Chicago wheat pared gains on Wednesday after touching a four-month high following a third straight day of private sales of U.S. wheat to China, the largest wave of Chinese purchases in almost a decade.