US Stock Reports, Quotes and News
SHANGHAI (Reuters) – Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion in the first quarter in a bid to shore up the sliding stock market, funds\’ latest quarterly reports show.
SHANGHAI (Reuters) – China\’s state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a statement on Monday.
GSPL shares plunged 20% to Rs 302 as PNGRB slashed tariffs for its high-pressure network by 47% to Rs 18.1/mmbtu from Rs 34.0/mmbtu, contrary to GSPL\’s requested revision to Rs 50.77/mmbtu.
State Bank of India\’S business profile score of \’BBB-\’ is the highest among Indian banks, which the ratings agency said reflects SBI\’s ability to generate business consistently through the cycle while managing risk better than peer state banks.
GQG had invested around Rs 2,400 crore for acquiring a 5.96% stake in the offer for sale of Patanjali in July 2023. The US-based investment firm has been increasing its exposure to India after investing in the Adani group. It holds positions in companies including ITC and Sun Pharmaceutical Industries.
BEIJING (Reuters) – Former China Everbright (OTC:CHFFF) Group Chairman Tang Shuangning has been charged with taking bribes and corruption, Chinese state media reported on Friday.