Police fired tear gas as thousands of anti-government protesters fanned out across Hong Kong on Tuesday, a direct challenge to Chinese President Xi Jinping as he celebrated the 70th anniversary of Communist China.
Equity benchmark indices traded lower during early hours on September 22 while Asian markets opened weak after the sharp pullback overnight in US stocks. At 10:15 am, the BSE S-P Sensex was down by 301 points or 0.79 per cent at 37,733 while the Nifty 50 moved lower by 66 points or 0.59 per cent at 11,184. All sectoral indices at the National Stock Exchange were in the negative terrain with Nifty realty dipping by 4.6 per cent, PSU bank by 3.2 per cent, metal by 2.9 per cent and auto by 2.3 per cent. Among stocks, energy major GAIL was the top loser after sliding 4.9 per cent to Rs 83.85 per share. Adani Ports fell by 4.5 per cent and Tata Motors by 4 per cent. Tata Steel, Hindalco, ONGC, Bajaj Finance, Zee Entertainment and Bharti Infratel too traded lower by over 3 per cent. However, Tata Consultancy Services and ICICI Bank were in the green with thin margins. Meanwhile, Asian markets opened weak even after the sharp pullback overnight in US stocks. Investor sentiment took a hit with possible delays in expanded US stimulus. The undertone remained cautious as Europe sees some countries lockdown for the second time as COVID-19 cases jump which could hurt economic activity. Hong Kong shares of HSBC and Standard Chartered fell more than 2 per cent each as global banking stocks remained under intense pressure on reports about financial institutions allegedly moving illicit funds. MSCI's broadest index of Asia Pacific shares outside Japan was down by 0.5 per cent. Hong Kong's Hang Seng index was down by 0.5 per cent while Japanese markets were closed for a public holiday.
More than 20 pro-democracy activists have appeared in a Hong Kong court accused of joining or organising a gathering on June 4 to mark the 1989 Tiananmen Square massacre - the gathering was prohibited due to the coronavirus pandemic.
Credit: Al Jazeera STUDIO Duration: 02:30Published
Japan's Yoshihide Suga was voted prime minister by parliament on Wednesday to become the country's first new leader in nearly eight years, appointing a new cabinet that kept about half of the familiar faces from predecessor Shinzo Abe's lineup. Emer McCarthy reports.
Members of the Tibetan community in New York organised a protest against China at Jackson Heights, also known as Little India, to show their solidarity with SSF (Special Frontier Force) commando Nyima Tenzin. Nyima, a Tibetan-Indian hero of the elite covert paramilitary unit SFF was killed on the night of 29-30 August in eastern Ladakh in India. The 51-year old soldier died after he stepped on to a 1962 vintage anti-personnel mine near the southern bank of the Pangong lake. The Tibetan community across the world is angry about China's recent aggression in Ladakh and they accused Beijing for occupying Tibet for the past several decades. The Tibetan National Congress led by President Tseten Lhagyal also held solidarity prayers as a tribute to brave SFF commando Nyima Tenzin. The Non-Commissioned Officer (NCO) belongs to the Tibetan refugee community that has settled in India due to Chinese atrocities.