Recent Posts

Beijing braces for smoggy winter yet again

Bloomberg Beijing is getting ready for another gray winter after China eased air quality targets, signalling the government is focusing on bolstering slowing growth at the expense of cleaner air. In September, the government eased its target for a key air quality indicator in northern China, including industrial areas surrounding the capital. It is seeking a 4% drop in concentrations ...

Read More »

Vietnam fines VW for car with disputed China map

Bloomberg Vietnam will fine Volkswagen AG’s local distributor and an importer for showcasing a car with a navigation app reflecting Chinese territorial claims rejected by Hanoi. VW Vietnam Auto Co faces a penalty of 20 million to 40 million dong ($860-$1,724), while World Auto Co will be fined 40 million-60 million dong and suspended from operating for six to nine ...

Read More »

MSCI may axe debt-laden Indian firms from indexes

Bloomberg India’s debt-burdened companies could get kicked out of MSCI Inc’s benchmark index later this week. Highly indebted companies including Vodafone Idea Ltd, Indiabulls Housing Finance Ltd and Glenmark Pharmaceuticals Ltd are likely to be removed from the MSCI India Index, according to brokers. Most of these companies have seen a sharp erosion in their market values in the wake ...

Read More »
Send this to a friend