China

Economy News

Asia shares bounce as mood shifts, sentiment fickle

By Administrator_India Capital Sands Asian shares were enjoying a relief rally on Monday as record highs on Wall Street and policy easing in China helped calm some of the recent jitters on global growth, though plenty of potential pitfalls lay ahead this week. In the United States, inflation data could provide a scare ahead of […]

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Dollar holds weak bias on expectations Powell will shun tapering
Forex Analysis

Dollar Down, U.S.-China Tensions Rise

By Administrator_ India Capital Sands The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, edged down 0.11% to 92.942 by 10:31 AM ET (2:31 AM GMT). On the COVID-19 front, the U.S., Russia and France all set new records for the number of daily COVID-19 cases. There are over 43.4 million […]

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Biden admin likely to provide US citizenship to over 500,000 Indians
U.S.

Senate report reveals US presidential candidate Joe Biden’s son Hunter’s business dealings with Chinese companies

By Administrator_India Capital Sands In a major trouble for US presidential candidate Joe Biden, Senate Republicans on Wednesday (September 23) released a report detailing the business dealings that Biden’s son Hunter Biden pursued with foreign nationals when Biden was serving as vice president of the US. The 87-page interim report mentioned that Hunter Biden and […]

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Economic news

China Lets Traders Push Yuan Toward Best Quarter on Record

By Administrator_India Capital Sands The yuan has strengthened 4.2% since the end of June to 6.772 per dollar, set for the biggest ever quarterly gain in Bloomberg data going back to 1981. The currency is the best performer in Asia in the third quarter, with the buying momentum being close to the strongest since January. […]

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