BUSINESS
Foreign banks chase rupee deals as offshore debt sales slow
High US benchmark yields, geopolitical tensions and tariff-related swings have eroded the appeal of foreign-currency debt for Indian corporates this year, causing the issuance to drop even as Indian companies boost spending and borrowing at home
BUSINESS
Paramount hikes Warner Bros breakup fee to $5 billion
The sum would be paid to Warner Bros. if a deal is agreed to but not consummated. It’s a sign Paramount has confidence its proposed merger would pass muster with regulators
INDIA
Dolphin watching to remote treks: Rich Indians lured by niche travel experiences
As throngs of tourist groups crowd popular destinations like Goa, Jaipur and Shimla, travel operators are racing to invest in untouched corners of the country
WORLD
Deadly floods’ $20 billion toll shows Asia’s rising climate risk
A sequence of three tropical cyclones coincided with the regular northeast monsoon to deliver rainfall totals unseen in decades in some locations, and triggered a wave of destruction from Sri Lanka to Indonesia — damaged homes, roads and rail lines, decimated crops, slowed factory output and inundated tourist spots
BUSINESS
China gives most forceful signal since 2022 to slow yuan gains
The People’s Bank of China set the so-called fixing at 7.0733 per dollar, 164 pips weaker than a survey of traders and analysts
MARKETS
Asian stocks track US gains on rising Fed cut bets
The dollar’s drop overnight puts focus on weaker Asian currencies like the Indian rupee, which slipped past the key psychological level of 90 per dollar on Wednesday.
BUSINESS
Stocks Join Bonds Higher Amid Bets Fed Will Cut: Markets Wrap
The modest fall in the ADP payrolls measure in November, coming on the back of a similar message from the Fed’s Beige Book, should be enough to persuade officials to vote for another cut next week, according to Stephen Brown at Capital Economics.
BUSINESS
India says IMF’s ‘C’ rating on data due to old base year
Sitharaman told lawmakers in the lower house of parliament that the rank was because of data collection methodologies and an outdated base of 2011-12. The government is in the process of changing that to 2022-23 from Feb. 27 next year, she said.
BUSINESS
Airbus woes while Boeing rebounds show how quickly the script can flip
Boeing has managed to extract itself from a yearslong crisis that began in late 2018 with the first of two aircraft crashes in rapid succession, was compounded by the Covid-19 crisis and then grew more acute still in early 2024, when sloppy workmanship led to another near-catastrophe on an airborne plane.
WORLD
The world’s plastic glut is set to get much worse by 2040: Study
Global plastic pollution will hit 280 million metric tons per year by 2040, or a dump truck’s worth every second.
BUSINESS
Indonesia caps IPO order sizes to curb share price volatility
The policy took effect on Nov. 17, which is the circular’s issue date. Previously, no limits were set for IPO orders.
WORLD
China boosts intelligence reach in South China Sea, report says
Satellite images reviewed by the Washington-based Asia Maritime Transparency Initiative reveal new radar sites, antenna fields and other hardened structures on outposts in the Spratly Islands
BUSINESS
OpenAI CEO Sam Altman urges ‘code red’ ChatGPT push as rivals move in
The Information also said on Tuesday that OpenAI has been working on a new AI model code-named ‘Garlic’ that was performing well on tasks involving coding and reason
BUSINESS
Meesho kicks off investor orders for $603 million India IPO
The Bengaluru-based marketplace has set a price band for the offering of Rs 105 to Rs 111 a share
BUSINESS
China services grow more slowly in sign of faltering economy
The official PMI survey showed services activity contracted last month for the first time since Covid lockdowns in 2022
CRYPTOCURRENCY
The 26-minute, 51% wipeout that deepened the Trumps’ crypto woes
It was all so spectacular that American Bitcoin quickly became the symbol of not just the crypto market wipeout of late 2025 but also the collapse of the myriad ventures that the Trump family has been promoting in the digital-currency world over the past year
INDIA
Putin’s India visit tests New Delhi’s US–Russia balancing act
The Russian leader is eager to show that Moscow still has strong relationships that matter beyond the West – and large markets it can trade with
COMPANIES
Adani Group plans $15 billion India airports expansion by 2030
The plan involves adding terminals, taxiways, and a new runway at the Navi Mumbai airport, which is set to open Dec. 25
WORLD
YouTube finally set to comply with Australia’s under-16s ban
Anyone under the age of 16 in Australia will be automatically signed out of their YouTube accounts on Dec. 10 when the law takes effect, Rachel Lord, public policy senior manager for Google and YouTube Australia, said in a blog post.
BUSINESS
Silver steady near record high on rate-cut bets and tight supply
The recent gains in precious metals reflect the potential for cuts to gather pace after Jerome Powell’s term ends in May.
BUSINESS
Bitcoin jumps back above $90,000 after bruising selloff
The original cryptocurrency rallied as much as 6.8% to $92,323, while its next biggest rival - Ether - rebounded by more than 8% to briefly push its price back above $3,000.
BUSINESS
Asian stocks steady at open, Bitcoin dips again
MSCI Inc.’s gauge of regional shares was little changed as benchmarks in South Korea and Australia swung between gains and losses. Japanese indexes were mixed.
BUSINESS
S&P 500 Ekes out gain as Bitcoin surges after rout: Markets Wrap
After cutting interest rates by more than a percentage point, Fed officials are now wondering where to stop – and finding there’s more disagreement than ever.
BUSINESS
Big tech’s ‘spend little, earn lots’ formula is threatened by AI
Despite the uncertainty of future payoffs, investors are giving the tech giants the benefit of the doubt on their AI plans, at least so far.
