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Indian stocks fall after best week

Indian markets hit record highs

Bloomberg India’s stock indexes fell, tracking global peers lower, after capping their best week in more than two years. The benchmark S&P BSE Sensex dropped 0.2 percent to 34,950.92 at the 3:30 pm close in Mumbai after swinging between gains and losses at least four times. Thirteen of the 19 sector indexes retreated, led by a gauge of power-related companies, ...

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Jack Ma labels trade war ‘most stupid thing’ as tensions boil

11th ministerial conference of the world trade organization in argentina

Bloomberg Billionaire Alibaba co-founder Jack Ma called fighting over trade senseless and decried once again a widening conflict between the US and China. China’s richest person — who warned just last month that a trade war could last two decades — argued it was pointless to target goods because the Asian nation was on its way to becoming a major ...

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China to set up new stock-trading venue for high-tech firms

China stocks noon

Bloomberg China will set up a new trading venue in Shanghai that will make it easier for high-tech companies to access funding, as President Xi Jinping vows more opening measures to boost the world’s second-largest economy. The Shanghai Stock Exchange will also start a pilot programme on a registration-based system of initial public offerings, Xi said at the opening ceremony ...

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