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Asian shares cautiously push higher
31 Aug 2014 at 11:27pm
TOKYO (Reuters) - Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week's European Central Bank meeting.
China manufacturing slowdown ripples through region
31 Aug 2014 at 11:00pm
SYDNEY (Reuters) - Growth in China's vast factory sector slackened in August as foreign and domestic demand slowed, stocking speculation that further policy easing would be needed to prevent the economy from stumbling once more.
Hindalco gains; investigators drop coal scam case
31 Aug 2014 at 10:36pm
Reuters Market Eye - Shares of India's Hindalco Industries Ltd gain 1.9 percent.
Factory activity expands at slower clip in August
31 Aug 2014 at 10:11pm
BANGALORE (Reuters) - Factory growth eased in August from July's 17-month record pace as new orders came in at a slower clip, a business survey showed on Monday.
Rupee almost flat, focus shifts to coal ruling
31 Aug 2014 at 10:04pm
The rupee is trading at 60.5075/5150, near its previous close of 60.4950/5050.
Nifty surges past 8,000 to mark record high
31 Aug 2014 at 9:56pm
MUMBAI (Reuters) - The Nifty surged past the psychologically important 8,000 level for the first time to mark its latest record high as blue-chips such as Larsen & Toubro gained after better than expected quarterly economic growth data.
Indian shares headed for correction, but outlook strong - BofA Merrill
31 Aug 2014 at 9:54pm
Indian shares could fall to correct about 5 percent over the next two months, Bank of America-Merrill Lynch says in a note.
IRB Infrastructure falls after Citi downgrade
31 Aug 2014 at 9:50pm
Reuters Market Eye - Shares of IRB Infrastructure Developers Ltd fall after Citigroup downgraded the stock to "sell" from "buy".
Retreat in China's PMIs heightens calls for policy easing
31 Aug 2014 at 9:36pm
BEIJING (Reuters) - Growth in China's vast factory sector cooled in August as foreign and domestic demand slowed, two surveys showed on Monday, spurring new calls for more policy easing to prevent the economy from stumbling once more.
Tantrums, concubines, hotpot burns and smog: China insurers have it covered
31 Aug 2014 at 8:19pm
HONG KONG (Reuters) - Your child throws a tantrum and smashes something? Take out "naughty child insurance". Similarly, buy cover against your bride becoming pregnant before the honeymoon, your team being knocked out of the soccer World Cup, burning your tongue eating hotpot or if smog ruins your holiday.
RBI rule handicaps India's infrastructure hopes
31 Aug 2014 at 7:37pm
MUMBAI/SINGAPORE (Reuters) - A Reserve Bank of India (RBI) ban on Indian banks buying new issues of infrastructure bonds has handicapped Prime Minister Narendra Modi's chances of gathering billions of dollars needed for mega-projects through the bond market.
Japan aims to double India investment in 5 years - Nikkei
31 Aug 2014 at 7:32pm
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe will tell his Indian counterpart Narendra Modi at a summit on Monday that Japan aims to double its direct investment in India in five years from some $2 billion last year, the Nikkei business daily reported.
Passive funds an active threat for Europe's fund managers
31 Aug 2014 at 12:58pm
LONDON (Reuters) - Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves in step with an index.
Investors' eyes pinned on ECB as Europe's health deteriorates
31 Aug 2014 at 2:10am
BRUSSELS (Reuters) - The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone.
Indian banks' bad loan levels not 'scary' - RBI chief
31 Aug 2014 at 2:08am
NEW DELHI (Reuters) - The level of bad loans at Indian banks is a "concern" but is not "scary", Reserve Bank of India (RBI) Governor Raghuram Rajan said in a newspaper interview published on Sunday.