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China slowdown to hit banks in Asian developed markets most: Fitch

Wednesday, August 21, 2019, 7:50 PM

Banks in Asia's trade-dependent developed markets will face the most pressure on their credit-profiles in the event of a sharp slowdown in the Chinese-economy, according to a-new-report by Fitch-Ratings. Banks in these markets are among those with the strongest underwriting standards and risk controls in the region, but the downturn in economic conditions will test asset quality and add to their existing profitability challenges.
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Signs of recession worry Trump ahead of 2020

Sunday, August 18, 2019, 12:09 PM

President Trump is warning of an-economic-crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong-growth and low-unemployment-rate. But privately, Trump is growing increasingly worried the economy won't look so good come Election-Day. The financial-markets signalled the possibility of a US recession this week, sending a jolt of anxiety to investors, companies and consumers.
 
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Huge investment opportunities exists in India in several sectors: Piyush Goyal

Thursday, July 18, 2019, 8:27 AM

Huge investment opportunities exist in India in sectors like housing, smart cities, railway stations, gas and telecom grids for UK companies, Commerce and Industry Minister Piyush Goyal has said. "India is looking at huge investments in the areas of housing, smart cities, railway stations, water, gas and telecom grids, transport networks like ports, better logistics and clean energy," he said.

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