Starting Monday, China’s stock exchanges ceased providing daily data on overseas fund flows to curb market volatility and focus on long-term indicators. The CSI 300 Index faced significant declines this year due to disappointing earnings and insufficient policy support. This decision highlights continued foreign fund withdrawals and a bleak outlook for economic recovery.
Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What’s the case about?
Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital