India and China Cautiously Mend Ties as Tariffs Cloud Economic Outlook
Both countries have faced hefty tariff threats from Trump over their trade policies, with India singled out in recent weeks for its large-scale purchases of Russian oil.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
India's Bandarful Named World's Best Liqueur with Gold Medal at USA Spirits Ratings 2025
NEW DELHI, Aug. 20, 2025 /PRNewswire/ -- Bandarful, the artisanal cold-brew coffee liqueur from Himmaleh Spirits, has been awarded a Gold Medal and declared the World's Best Liqueur at the 2025 USA Spirits Ratings. The prestigious competition, judged in San Francisco by leading U.S. industry leaders & trade buyers, evaluates spirits on quality, value, and packaging — with gold medals reserved for entries scoring between 90 and 95 points. The 2025 edition was one of the most competitive to date, attracting hundreds of entries from various countries, including some of the world's most established liqueur brands. Bandarful's triumph places it among a select group of spirits recognised not just for exceptional taste, but for commercial appeal in one of the world's largest and most discerning spirits markets. Crafted using single estate 100% Arabica coffee beans from the plantations of Chikmagalur in Karnataka — one of India's most celebrated coffee-growing regions — and pure Himalayan Spring water, Bandarful is cold-brewed to create a smooth, velvety texture with nuanced coffee and cocoa notes. The name and playful branding take inspiration from the spirited Himalayan langur, celebrating the sense of adventure at the heart of the brand's story. "Bandarful was born from a simple belief that India could craft a coffee liqueur to stand alongside the world's finest," said Ansh Khanna, Co-Founder of Himmaleh Spirits. "Every sip carries the altitude of the Himalayas, the richness of coffee, and the spirit of a country unafraid to reimagine global classics." The win marks a milestone for India's place in global coffee and liqueur culture. Long dominated by European and American names, the category now makes space for India's unique terroir, artisanal methods, and layered storytelling. The single-estate beans — nurtured in mineral-rich soil and cool, high-altitude conditions — lend a flavour profile that is unmistakably Indian yet universally appealing. "Earning the title of World's Best Liqueur is as much a celebration of our farmers, craftspeople and team as it is of the brand," said Samarth Prasad, Co-Founder of Himmaleh Spirits. "From the coffee slopes of Chikmagalur to the peaks of the Himalayas, this is proof that when crafted with heart and heritage, India's best belongs everywhere." This recognition comes alongside other notable wins for Himmaleh Spirits at the 2025 USA Spirits Ratings — with Kumaon & I, the brand's premium artisanal gin, taking home a Gold Medal, along with Jin Jiji, its pioneering Indian gin, continuing the winning streak with another Gold after the recent 'Best Gin' & 'Spirit of the Year' award at the recent London Spirits Competition 2025. Founded to showcase India's diverse terroir and rich cultural narratives through premium spirits, Himmaleh Spirits continues to make its mark on the world stage with products rooted in provenance, authenticity, and craft. With international distribution expanding across the U.S., Europe, Singapore, and Australia, Himmaleh Spirits continues to represent a bold, modern India in every glass. From bean to bottle, this is India telling the world: our time is now. About Himmaleh Spirits A relentless pursuit of the finest ingredients lies at the heart of Himmaleh Spirits. From produce to process, the company embraces a truly farm-to-bottle philosophy to craft the highest quality artisanal spirits. Nestled amidst the Himalayan foothills, within Uttarakhand's Kumaon region, the Himmaleh Spirits Distillery is a family-owned and independent distillery - the brainchild of Ansh Khanna and Samarth Prasad. Drawing on the abundant resources of this terrain, its spirits trace their origins to an ever-growing community of farmers, foragers, and harvesters. For details, please visit- Photo: View original content to download multimedia:
Yahoo
14 minutes ago
- Yahoo
Morning Bid: Tech wrecks the party
A look at the day ahead in European and global markets from Rae Wee Markets in Europe were set for a dour opening on Wednesday, after a slump on Wall Street pushed Asian shares into the red, with technology stocks leading the decline. While there was no immediate trigger, analysts pointed to a confluence of factors, such as doubts over the lofty valuations of tech heavyweights and President Donald Trump's growing influence over the sector. U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip companies in exchange for grants under the CHIPS Act that was meant to spur factory-building around the country, sources told Reuters. The move comes on the back of other unusual deals Washington has recently struck with U.S. companies, including allowing AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S. government receiving 15% of those sales. The government's intervention in corporate matters has worried critics who say Trump's actions create new categories of corporate risk and that a bad bet could mean a hit to taxpayer funds. "This U.S. state/Presidential creep into tech, and the wider private sector, is unhealthy as it threatens to erode margins and dent demand/topline," said Mizuho's head of macro research for Asia ex-Japan Vishnu Varathan. Asia's tech-heavy indexes in Taiwan and South Korea slid 2.6% and 1.7%, respectively, while EUROSTOXX 50 futures shed 0.7%. Nasdaq futures were down 0.5%. Apart from the tech gloom, traders in London will be waking up to UK inflation figures, where expectations are for headline consumer prices to have picked up slightly in July on an annual basis. Inflation in Britain remains the highest of any major advanced economy and is around one percentage point more than in the United States or the euro zone. Any upside surprise would prove a headache for the Bank of England, with economists polled by Reuters expecting the central bank to cut interest rates by a quarter-point once more this year and then again in early 2026. Elsewhere in markets, the New Zealand dollar tumbled on Wednesday after the central bank cut rates and flagged further reductions in coming months as policymakers warned of domestic and global headwinds. The Reserve Bank of New Zealand said the economy had stalled in the second quarter, and lowered its projected floor for the cash rate to 2.55%, from 2.85% forecast in May. Key developments that could influence markets on Wednesday: - UK inflation (July) - FOMC July meeting minutes - Fed's Waller, Bostic speak Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14 minutes ago
- Yahoo
Asian Dividend Stocks To Consider In August 2025
As global markets react to inflation data and interest rate speculations, Asian stock markets are experiencing notable shifts, driven by easing trade tensions and strong economic indicators in countries like Japan and China. In this dynamic environment, dividend stocks can offer a stable income stream for investors seeking to navigate market fluctuations while potentially benefiting from the region's economic resilience. Top 10 Dividend Stocks In Asia Name Dividend Yield Dividend Rating Wuliangye YibinLtd (SZSE:000858) 5.09% ★★★★★★ Tsubakimoto Chain (TSE:6371) 3.73% ★★★★★★ Torigoe (TSE:2009) 4.61% ★★★★★★ NCD (TSE:4783) 4.62% ★★★★★★ Japan Excellent (TSE:8987) 3.94% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.43% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.06% ★★★★★★ GakkyushaLtd (TSE:9769) 4.41% ★★★★★★ DoshishaLtd (TSE:7483) 3.79% ★★★★★★ CAC Holdings (TSE:4725) 4.68% ★★★★★★ Click here to see the full list of 1068 stocks from our Top Asian Dividend Stocks screener. Here's a peek at a few of the choices from the screener. S.A.S. Dragon Holdings Simply Wall St Dividend Rating: ★★★★★☆ Overview: S.A.S. Dragon Holdings Limited is an investment holding company that offers electronic supply chain services across various regions, including Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, and Macao; it has a market cap of approximately HK$3.19 billion. Operations: S.A.S. Dragon Holdings Limited generates revenue primarily from the distribution of electronic components and semiconductor products, amounting to HK$27.76 billion. Dividend Yield: 7.9% S.A.S. Dragon Holdings offers a high dividend yield of 7.86%, placing it in the top 25% of Hong Kong dividend payers, though its dividends have been volatile over the past decade. Despite this instability, dividends are well-covered by earnings and cash flows with payout ratios below 50%. Recent board changes and a final dividend approval of HK$25 per share highlight ongoing shareholder focus, yet investors should weigh the historical volatility against current yield benefits. Get an in-depth perspective on S.A.S. Dragon Holdings' performance by reading our dividend report here. In light of our recent valuation report, it seems possible that S.A.S. Dragon Holdings is trading behind its estimated value. SITC International Holdings Simply Wall St Dividend Rating: ★★★★★☆ Overview: SITC International Holdings Company Limited is a shipping logistics company that provides integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of approximately HK$78.84 billion. Operations: SITC International Holdings generates revenue from its Transportation - Shipping segment, which amounts to $3.42 billion. Dividend Yield: 7.3% SITC International Holdings declared an interim dividend of HK$1.3 per share, with a history of volatile dividends over the past decade. Despite this, the current payout ratio of 71.3% ensures dividends are covered by earnings and cash flows at an 81.9% cash payout ratio. Recent earnings growth to US$630 million for H1 2025 supports dividend sustainability, though future earnings are projected to decline. The dividend yield remains attractive within Hong Kong's top quartile payers. Dive into the specifics of SITC International Holdings here with our thorough dividend report. Our expertly prepared valuation report SITC International Holdings implies its share price may be lower than expected. Consun Pharmaceutical Group Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Consun Pharmaceutical Group Limited focuses on the research, development, manufacturing, and sale of Chinese medicines and medical contrast medium products in the People's Republic of China, with a market cap of HK$12.33 billion. Operations: Consun Pharmaceutical Group's revenue is derived from its Consun Pharmaceutical Segment, generating CN¥2.53 billion, and the Yulin Pharmaceutical Segment, contributing CN¥442.84 million. Dividend Yield: 4% Consun Pharmaceutical Group announced an interim dividend of HKD 0.33 per share, reflecting a stable payout ratio with dividends covered by earnings at 50.8% and cash flows at 46.3%. Despite a history of volatile dividends, recent earnings growth to CNY 498.3 million for H1 2025 enhances sustainability prospects. Trading below estimated fair value offers potential upside, though the dividend yield remains modest compared to top payers in Hong Kong's market. Navigate through the intricacies of Consun Pharmaceutical Group with our comprehensive dividend report here. The valuation report we've compiled suggests that Consun Pharmaceutical Group's current price could be quite moderate. Seize The Opportunity Explore the 1068 names from our Top Asian Dividend Stocks screener here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Want To Explore Some Alternatives? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:1184 SEHK:1308 and SEHK:1681. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
