After it took more than five years for Kim to make his first visit to China last March after taking office in 2012, the North Korean leader arrived in Beijing on Tuesday morning to kick off his fourth visit to its key neighbour within a year. Kim’s visit coincided with ongoing trade negotiations between Chinese and US officials in Beijing, as both sides seek to reach a detailed agreement to find a consensus between Chinese President Xi Jinping and US President Donald Trump during their meeting at the G20 summit in Argentina. When tensions on the Korean Peninsula reached its peak in 2017, Trump called on China to exert its influence to rein in North Korea’s nuclear ambitions as Pyongyang relies heavily on Beijing economically. READ MORE: Latest US-China Trade Talks Focus on China's Pledge to Buy More US … [Read more...] about Kim’s Visit Could Help Beijing Thwart US Demands in Trade Talks – Scholars
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Taking Stock: Bulls charge D-St! Ujjivan Small Finance up 50% on listing day
Tracking positive global cues, the bulls remained in control of D-Street on December 12 pushing the Sensex higher by more than 150 points while the Nifty flirted with 12,000.Let’s look at the final tally on D-Street: the Sensex rose 169 points to 40,581, while the Nifty closed 61 points higher at 11,971 after touching an intraday high of 12,005.Close Sectorally, the action was seen in metals, public sector, auto, banks, and capital goods space, while profit taking was visible in IT and telecom stocks. related news Hot stocks: One sell, two buy ideas for 7-9% returns Closing Bell: Nifty ends above 11,950, Sensex gains 169 pts; metal, bank shine IT remained under pressure largely on account of the Indian rupee touching one-month high against the US dollar.The BSE Midcap index was up 0.69 percent and the BSE Smallcap index rose 0.59 percent.Investors waited for infrastructure output and inflation data that was to be released after the market hours.“US FED’s … [Read more...] about Taking Stock: Bulls charge D-St! Ujjivan Small Finance up 50% on listing day
Target vs. Best Buy Black Friday 2019: The Best Tech Deals
The holiday season tends to bring about fierce competition among retailers. With online shopping expanding every year, it should come as no surprise that retailers like Target and Best Buy find themselves doing battle this time of year. Consumers tend to benefit from these kinds of price wars, though, with each battle opening up new ways to save. Here's what to expect on Black Friday. When Do the Deals Start? Best Buy stores will open their doors at 5 p.m. local time on Nov. 28, Thanksgiving Day. Most will remain open until 1 a.m. on Black Friday and re-open at 8 a.m. local time. Leading up to Cyber Monday, stores will then again be open from 8 a.m. to 10 p.m. on Saturday and 11 a.m. to 8 p.m. on Sunday. Until then, Best Buy is running "Daily Doorbusters" until Nov. 20. Today's deals, for example, are a $129.99 Lenovo IdeaPad 14-inch laptop, a $100 discount, and a 5TB WD Easystore External USB 3.0 Portable Hard Drive for $89.99, an $80 discount. Target will kick off its in-store event … [Read more...] about Target vs. Best Buy Black Friday 2019: The Best Tech Deals
Walmart vs. Best Buy: The Best Black Friday 2019 Deals
Editor's Note: This story was updated on 11/15 with new deals. Two of the biggest retailers are about to face off in their annual Black Friday heavyweight holiday price slashing competition: Walmart and Best Buy. When consumers think about Black Friday, these two retail giants often come to mind. Both are well-known for must-have doorbusters, making them the best retail spots to camp for Black Friday deals. But where should you spend your dollars? Let's break it down. When Do the Deals Start? Walmart's official Black Friday event begins online at 10 p.m. ET on Wednesday, Nov. 27 and in stores on Thanksgiving Day, beginning at 6 p.m. local time. For those who can't wait, Walmart.com has some "Buy Now" Black Friday deals live now, and more "Pre-Black Friday" deals on Nov. 22. Best Buy stores will open their doors at 5 p.m. local time on Nov. 28, Thanksgiving Day. Most will remain open until 1 a.m. on Black Friday and re-open at 8 a.m. local time. Leading up to Cyber Monday, stores will … [Read more...] about Walmart vs. Best Buy: The Best Black Friday 2019 Deals
China Has Leverage Amid Trade Row as US ‘No Longer World’s No 1’ – Economists
In an interview with Sputnik, Mei Xinyu, a senior expert on international trade at China’s Ministry of Commerce, said that Beijing’s reaction to Washington’s moves will be symmetrical, adequate and expedient. “First of all, there is more to the trade and other economic ties between China and the US than just an exchange of goods. China can counteract to protect its economic interests. The two countries are too closely intertwined now that the US is no longer the world’s number one and only unrivaled power, and it needs China in many respects,” he said. He added that if Washington shows restraint, the two countries will be able to cooperate normally, but if the US starts acting precipitously and creating problems, Beijing will be ready to face up to the challenge and go all the way. © AFP 2019 / NICOLAS ASFOURI'Bludgeon Won't Work With China': Beijing … [Read more...] about China Has Leverage Amid Trade Row as US ‘No Longer World’s No 1’ – Economists
QIA picks 25% stake in Adani Transmission arm
Mumbai: Adani Transmission Ltd on Wednesday said it will sell 25.1% stake in its arm Adani Electricity Mumbai Ltd (AEML), — the flagship power transmission and distribution asset in Gautam Adani’s empire, to Qatar Investment Authority for around ₹3,200 crore. The 14-year-old sovereign wealth fund of the oil-rich Gulf nation will pay Rs 1200 crore to buy a quarter of the company’s common equity. Additionally, QIA will also be paying Rs 2000 crore as staple shareholder loans or subordinated debt (preferred equity) of Rs 2000 crore, valuing the business at Rs 16,800 crore, inclusive of its debt. Both sides have signed a definitive agreement, the companies said in regulatory filings and expects to be complete the transaction in early 2020 after obtaining regulatory approvals. ET was the first to report about this impending transaction in its edition dated September 20. It also broke the news online on Wednesday afternoon ahead of the formal announcement. AEML, … [Read more...] about QIA picks 25% stake in Adani Transmission arm