[ad_1] (Reuters) – Indian shares notched their best day in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia’s third-largest economy. A broker reacts while
Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions
[ad_1] SHENZHEN, China/SHANGHAI (Reuters) – Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China’s burgeoning cloud computing sector from incumbent Alibaba, the
Gold edges higher as softer dollar, Gulf tensions lend support
[ad_1] (Reuters) – Gold prices rose on Friday and were headed for their first weekly gain in a month, supported by a softer dollar, tensions in the Middle East and caution about Sino-U.S. trade talks.
India cuts effective corporate tax rate to 25.17% to revive investment
[ad_1] FILE PHOTO: India’s Finance Minister Nirmala Sitharaman and the Reserve Bank of India (RBI) Governor Shaktikanta Das arrive to attend the RBI’s central board meeting in New Delhi, July 8, 2019. REUTERS/Anushree Fadnavis/File Photo
Asian currencies advance; rupee surges on India tax cuts
[ad_1] (Reuters) – Asian currencies advanced on Friday against the dollar with the Indian rupee gaining the most after the country’s finance minister announced deep cuts in corporate taxes to revive flagging growth in the
India cuts effective corporate tax rate to 25.75% to revive investment
[ad_1] Finance Minister Nirmala Sitharaman (C) and Krishnamurthy Subramanian (R), chief economic adviser pose during a photo opportunity outside their office before the presentation of the federal budget in the parliament in New Delhi, India,
Nifty, Sensex gain ahead of tax council meet
[ad_1] (Reuters) – Indian shares traded higher on expectations that the government will dole out stimulus measures on Friday to support the economy, amid demands over reduced tax burden on products. A broker reacts while
Global Markets: Economy hopes support shares, oil edges up on Mideast tensions
[ad_1] TOKYO (Reuters) – Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend’s attacks on Saudi
Global Markets: Asian shares gain on economy hopes, oil edges up on Mideast tensions
[ad_1] TOKYO (Reuters) – Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend’s attacks on Saudi
Lagarde says global growth ‘fragile’, ‘under threat’: AFP
[ad_1] FILE PHOTO: Christine Lagarde, the next president of the European Central Bank, speaks to the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium September 4, 2019. REUTERS/Francois Lenoir (Reuters) – Incoming European