Southern China has been hit by heavy rains for the seventh consecutive day due to a typhoon, causing flooding and trapping residents. The typhoon, Haikui, has weakened to a tropical storm but continues to cause havoc in the region. The city of Shenzhen experienced the heaviest rain since records began in 1952, while Hong Kong faced its worst storm in 140 years.
Cochin Shipyard shares surge 10% on FTSE index inclusion, may see $30 mn inflows
The shares have advanced by an impressive 246% over the last year, while in the past six months, the stock has surged by 110%. Year-to-date,