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China rubbishes rumours of CPEC slowdown during PTI rule

KARACHI: China’s consul general in Karachi, Li Bijian, rejected reports that the work on the China-Pakistan Economic Corridor (CPEC) framework, had slowed down during...

India’s September passenger vehicle sales dive 24%

India’s passenger vehicle sales slumped 23.7% in September, the eleventh straight month of declines, prompting an industry body to flag more job cuts

Apple’s new software update to resolve iPhone slowdown

CALIFORNIA: Apple Inc will release a software update that will allow users to turn off a feature that slows down iPhones when batteries are...

Twitter cuts nine per cent of workforce as revenue growth slows

NEW YORK, UNITED STATES: Twitter Inc reported a sharp slowdown in quarterly revenue growth on Thursday and said it would cut nine per cent...

‘China slowdown poses threat to world economy’

NEW DELHI: Reserve Bank of India (RBI) Governor Raghuram Rajan has warned that a "sharp" slowdown in China's growth posed a threat to the global economy, highlighting possible impact from the shadow banking system of its neighbour, the Reserve Bank of India said.

Oil drops over 2 percent as China slowdown weighs

SINGAPORE: Crude oil prices fell over 2 percent on Monday as China's economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices as they increasingly lose faith in a significant market recovery.

Focus turns to U.S. data as China slowdown looms

NEW YORK: After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings.
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