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Latest Articles in Economy

China's Geely Starts Online Auto Sales As Virus Epidemic Keeps Buyers At Home

Sales of passenger cars in China, the world's largest auto market, plunged 92% in the first 16 days of February compared with the same period a year earlier.

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China's Passenger Car Sales Tumble 92% In First Half Of February Due To Virus Outbreak

China's passenger vehicle sales recorded 4,909 units in the first 16 days, down from 59,930 vehicles in the same period a year earlier.

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In Mexico's Cradle Of Corn, Climate Change Leaves Its Mark

Mexico's rainy season last year was the driest since 2011, which in turn was one of the driest on record, numbers from the country's national water agency showed.

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PM Modi To Address Opening Ceremony Of First-Ever Khelo India Games

The Khelo India University Games are being launched by the Government of India in association with the Government of Odisha.

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India Hitting US 'Very Hard' on Trade, Will Talk Business With PM Modi: Donald Trump

President Trump and First Lady Melania are scheduled to travel to Ahmedabad, Agra, and New Delhi on February 24 and 25.

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China Firms In $10 Billion Share Sale Rush As Funding Rules Eased Amid Virus Worries

China cut its benchmark lending rate on Thursday, helping lift the tech-heavy ChiNext index to the highest level in almost three years.

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Vietnam Reports Supply Chain Issues From Virus, Says May Hit Samsung Output

Vietnam relies much on China for materials and equipment, which makes the country become vulnerable when such outbreak happens.

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China Says To Exempt Extra Tariffs On 65 U.S. Goods From February 28

Goods exempt from the extra tariffs include aircraft parts and medical equipment, according to documents published.

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Coronavirus To Hit India's Cut & Polished Diamond Industry: ICRA

Industry estimates C&HK to be currently accounting for 35 per cent of India's overall CPD exports. This is slightly ahead of the United States, the largest market for diamond-studded jewellery.

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China's Passenger Car Sales Tumble 92% In First Half Of February Due To Virus Outbreak

China's auto market is likely to see sales slide more than 10% in the first half of the year due to the coronavirus epidemic, and around 5% for the whole year, provided the epidemic is effectively contained.

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Japan To Limit Foreign Ownership In 12 Sectors

The government will target 12 sectors for which foreign investors must get pre-approval for holding a stake of 1% or more in a company, as against 10% now.

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Millwood Kane Brings Cyprus Real Estate Assets For Indian HNI Investors

Millwood Kane will be conducting roadshows in prime cities in India, with each roadshow looking to penetrate and reach the right audience as the brand has a large portfolio of real estate in London.

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COVID-19 Cuts Aviation Demand And Revenues: IATA

Airlines are following the guidance of the World Health Organisation (WHO) and other public health authorities to keep passengers safe, the world connected, and the virus contained

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Outbreak Will Not Change China's Commitments To Buy U.S. Goods - Senior U.S.

Under the deal, which took effect this month, China pledged to increase U.S. goods purchases by $77 billion in 2020 and by $123 billion by 2021.

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US-India Trade Deal Unlikely Before Trump's India Trip

Hopes were fading for the two sides to quickly bridge gaps in their efforts to restore some US trade preferences for India and improve access for selected US Agriculture products and medical devices to India's 1.3 billion consumers.

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