Asian markets open lower on Tuesday. Photo: BloombergUS stocks end lower; Asian markets see a weak openingThe Dow Jones industrial average fell on Monday as investors worried a trade war could develop after President Donald Trump implemented tariffs on steel and aluminium imports. Asian stock markets were lower on Tuesday as Washington’s policies hit regional steel producers. Tata Sons to sell TCS stake worth $1.25 billion to pay debtTata Sons Ltd, India’s biggest business group, plans to sell $1.25 billion of its stake in Tata Consultancy Services (TCS), according to terms of the transaction. JSW Steel to raise $1 billion via overseas bonds to acquire distressed assetsJSW Steel Ltd is tapping overseas bond investors to raise $1 billion to fund its plan to buy distressed assets in India.
Source: Mint March 13, 2018 02:26 UTC