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Posts tagged as Phoenix

Chinese shares slip over Fed dovish stance at next meet

Chinese shares edged lower on Tuesday as investors took profits after major stock indexes closed near 6-1/2 month highs in the previous session, but the downside was limited by the expectation that the U.S.
Image Credit: Pixabay investors took profits after major stock indexes closed near 6-1/2 month highs in the previous session, but the downside was limited by the expectation that the U.S. Federal Reserve would take a dovish stance at its meeting this week.At the midday break, the Shanghai Composite index was down 0.22 per cent at 3,089.50. China’s blue-chip CSI300 index was down 0.37 per cent. Both indexes closed near 6-1/2 month highs on Monday.
Hong Kong fell 0.46 per cent to 11,620.81, while the Hang Seng Index was down 0.25 per cent at 29,334.61. The smaller Shenzhen index was unchanged for the day and the start-up board ChiNext Composite index was higher by 0.12 per cent. Investors are looking to the Fed policy meeting to see whether policymakers have sufficiently lowered their interest rate forecasts to more closely align their “dot plot”, a diagram showing individual policymakers’ rate views for the next three years.
In contrast to broader market declines, nuclear power-related stocks surged after environmental impact assessments (EIA) for two nuclear power plant projects were submitted for approval to regulators on Monday, a vital stage in the resumption of China’s atomic energy programme after a three-year halt in new approvals. State-owned China National Nuclear Power jumped as much as 10 per cent to its highest since April 2018, before trimming gains.
It was last up 2.29 percent.Around the region, MSCI’s Asia ex-Japan stock index was weaker by 0.05 per cent, while Japan’s Nikkei index was down 0.16 per cent. The yuan was quoted at 6.7162 per U.S.dollar, 0.04 per cent weaker than the previous close of 6.7135. The largest percentage gainers on the main Shanghai Composite index were Lanzhou LS Heavy Equipment Co Ltd, up 10.09 per cent, followed by Hunan Chen Dian International Development Co Ltd, gaining 10.04 per cent, and Beijing Teamsun Technology Co Ltd, up by 10.04 per cent.CGN Power Co LtdChina Gas Holdings Ltd, which has fallen 4.44 per cent, Guangzhou Automobile Group Co Ltd, which has lost 2.8 per cent, and Shenzhou International Group Holdings Ltd, down by 2.6 per cent.In Hong Konggainer on the Hang Seng was Sino Biopharmaceutical Ltd, up 5.27 per cent, while the biggest loser was Shenzhou International Group Holdings Ltd, which was down 2.65 per cent.

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Paresh Rawal Takes a Dig at Ali Zafar For His Silence Over India’s Surgical Strikes

Tensions between the nuclear-armed nations India and Pakistan are on the rise after the dastardly attack on a CRPF bus in Pulwama in which 40 soldiers were killed.

comFebruary 28, 2019, 11:29 AM IST Ali Zafar’s tweet in praise of Pakistan Prime Minister Imran Khan for condemning the Pulwama attack has been mocked by Paresh Rawal. Loading.On early Tuesday morning, India conducted a major ‘preemptive’ strike on a Jaish-e-Mohammed training camp in Balakot, Muzaffarabad. Tensions have heightened further after Pakistan violated Indian airspace and captured an IAF pilot.On February 19, Pakistani actor-singer Ali Zafar tweeted in praise of his Prime Minister Imran Khan for condemning the Pulwama attack. Indian actor-politician Paresh Rawal has taken a jibe at his comment, mocking Zafar’s silence now.

Ali Zafar has been part of multiple Indian films, including Mere Brother Ki Dulhan, London, Paris, New York and Total Siyapaa.Earlier, Paresh Rawal had pleaded to the media to not invite any Pakistani or Indian Terrorist sympathisers to talk about the issue. He had tweeted, “A humble appeal to our national news channels.
Plz don’t invite any Pakistani or Indian terrorist sympathisers to spew venom against our dear motherland. Those rabid dogs are not allowed in our homes.Let those maggots die in their own filth.”
In the meantime, the Pakistan government on Tuesday said that no film from India will release in the country as it has called for a ban on Indian content.The country’s information and broadcasting minister Chaudhry Fawad Hussain said the country’s film exhibitors association will be boycotting the Indian films.
Likewise, in the wake of the terror attack, the makers of films such as “Total Dhamaal”, “Luka Chuppi”, “Arjun Patiala”, “Notebook” and “Kabir Singh” had announced that they will not be screening their movies the neighbouring country.As the tensions between the nuclear-armed nations India and Pakistan are rising, members of the film fraternity from both the sides are calling out for peace and urging the media to be responsible.

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Twitterati Slam Akshay Kumar, Karan Johar for Releasing Kesari Song, Call It Wrong Timing

Akshay Kumar’s promotion of a new song from his upcoming film Kesari has evoked a mixed response. While his fans are delighted to see the the actor in a jovial mood from this otherwise serious period film, others have slammed the release of a happy,
February 28, 2019, 12:10 PM IST While fans of Akshay Kumar have loved the new song, Sanu Kehndi, from Kesari, other users are of the opinion that the release of the song could have been better timed. Loading.Akshay Kumar’s promotion of a new song from his upcoming film Kesari has evoked a mixed response. While his fans are delighted to see the the actor in a jovial mood from this otherwise serious period film, others have slammed the release of a happy song at a time when tension between India and Pakistan is on the rise.The song, titled Sanu Kehndi, was released yesterday, showing Akshay Kumar and the other 21 men, who fought the Battle of Saragarhi against 10,000 Afghan invaders, taking a break from their regimented life.While fans have commented that they are already dancing to the number, there are some who didn’t like the time of the launch.

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