Japanese companies pessimistic about China’s 2024 economic outlook
Nearly half (48%) of the surveyed firms reported either reduced or paused their investments in China during 2023, a stark testament to the eroded confidence.
Saniya shah pursuing her bachelors -in marketing . She is a media enthusiast with strong communication and content writing skills. Saniya is currently working as a journalist at BusinessUpturn.com and can be contacted at saniya@businessupturn.com.
Nearly half (48%) of the surveyed firms reported either reduced or paused their investments in China during 2023, a stark testament to the eroded confidence.
The cautious mood was further emphasized by the absence of trading in the United States due to a national holiday. However, Japan's Nikkei bucked the trend, extending its rally to reach a fresh 34-year high.
The highly anticipated initial public offering (IPO) of Medi Assist Healthcare, a leading insurance-tech player, finally opens for subscription today.
Shares of Kalyan Jewellers climbed steadily today, mirroring the company's recent announcement of three new showroom openings in Bihar. The news sparked investor interest, sending the stock up 5.2% in morning trade, despite a flat broader market.
Founded in 1995, Konstelec Engineers boasts extensive experience in the electrical engineering and EPC domain. The company holds an electrical contractor license and has successfully completed over 200 projects, both small and complex, across India and abroad.
The Sensex gained a healthy 542.3 points (0.75%) over the week, while the Nifty 50 advanced by 183.75 points (0.84%). Notably, the Nifty 50 now sits just 100 points shy of the psychologically significant 22,000 mark.
Tata Consumer has signed definitive agreements to acquire up to 100% of Organic India, a player known for its "better-for-you" organic food, beverage, and nutraceutical products.
Despite this unprecedented injection of cash, China's growth engine sputtered in 2023. The post-pandemic bounce fizzled out faster than anticipated, leaving consumer and business confidence anaemic.
Looking across major Indian cities, the price of 24-karat gold varies slightly. Chennai boasts the highest price at Rs. 64530.0 per 10 grams, followed by Delhi at Rs. 63970.0 and Mumbai and Kolkata at Rs. 63820.0 each.
The U.S.-UK operation targeted Houthi military infrastructure in retaliation for a series of maritime attacks that have rattled international commerce.
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