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China posts slowest growth on record

  Beijing / Bloomberg China’s economy grew in the first three months of 2016 at its slowest quarter-on-quarter rate since it began releasing the data, the government said, while the real-estate sector rebounded thanks to aggressive stimulus. The world’s second-largest economy expanded 1.1 percent in January-March over the last quarter of 2015, the slowest pace since it started publishing such ...

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Infosys hits record after sales outlook buoys outsourcers

  Mumbai / Bloomberg Infosys Ltd. surged the most in nine months to a record in Mumbai after forecasting better-than expected sales growth, as India’s second largest software exporter captures new contracts for information technology services. Shares climbed as much as 8.1 percent to a lifetime high of 1,267.90 rupees as of 10.42 a.m., marking its biggest gain since July ...

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India’s monsoon forecast spurs demand for bonds

  New Delhi / Bloomberg The rains are coming, and that’s luring the world to Indian bonds. Overseas holdings of rupee-denominated government and corporate notes rose by 17.4 billion rupees ($261 million) in the holiday-shortened week ended April 13, the most since the period ended March 25, data from National Securities and Depository Ltd. show. The weather department on Tuesday ...

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