BUSINESS
Gold climbs to record on US-China tensions and Fed rate-cut bets
Bullion has risen about 5% so far this week and touched a peak above $4,227 an ounce on Thursday, as a breakneck rally underway since mid-August extended
MARKETS
Asian stocks gain after choppy day on Wall Street
MSCI’s gauge of regional stocks climbed 0.7%, with shares rising in Japan, Australia and South Korea
BUSINESS
RBI sees rupee under speculative attack, will intervene further
The central bank is unwilling to let the currency breach its record low of 88.8050 per dollar level anytime soon, the person said.
BUSINESS
Fossil India is said to weigh IPO that could raise $400 million
The listing would join the growing number of multinational firms seeking to take their Indian units public amid rising investor demand
BUSINESS
Rupee roars back from brink of record low on US trade hopes
The rupee, which had flirted with record lows a day earlier, staged its biggest intraday jump since June 24.
BUSINESS
India to tighten green power rules to safeguard grid stability
The Central Electricity Regulatory Commission is considering further changes to how the gap between scheduled and actual power generation is calculated, according to a document posted on its website.
BUSINESS
Coinbase backs India’s CoinDCX at $2.45 billion valuation
The investment is an extension of CoinDCX’s last fundraise, and once completed will give the firm a post-money valuation of $2.45 billion, according to a Wednesday statement.
BUSINESS
Global investors are pouring more money into climate tech
Private and public investors worldwide channeled as much as $56 billion into green businesses ranging from clean energy to storage and electric vehicles during the nine months ending in September.
BUSINESS
Singapore to impose green aviation fuel levy on flights
The levy will be paid to the Civil Aviation Authority of Singapore, which will procure and manage sustainable aviation fuel, according to Senior Minister of State for Transport Sun Xueling at a parliamentary debate.
BUSINESS
Trump threatens China cooking oil trade as retaliation for soybean boycott
Trump on Tuesday cast the potential move as retaliation against Beijing for its refusal to buy American soybeans, which he said “is an Economically Hostile Act” that is purposefully “causing difficulty for our Soybean Farmers.”
BUSINESS
Gold rises to record on Fed rate-cut signal, US-China tensions
Gold’s advance has been underpinned by central-bank buying, rising holdings in exchange-traded funds, and Fed rate cuts.
MARKETS
Asia stocks gain as rate-cut bets outweigh trade angst
Shares in Japan, South Korea and Australia all rose at the open after Fed Chair Powell’s concerns about a weakening labor market reinforced investors’ expectations for a rate cut in October
BUSINESS
Silver hits all-time high as London squeeze sparks market havoc
The four main precious metals have surged between 56% and 81% this year, in a rally that’s dominated commodity markets.
BUSINESS
JPMorgan to plow $1.5 trillion into US security industries
Chief Executive Officer Jamie Dimon is launching the initiative amid trade brinkmanship between Washington and Beijing.
BUSINESS
Trump and Xi trigger another standoff with world economy at risk
Negotiators from both sides are set to meet in the coming weeks in Frankfurt for talks aimed at extending a rolling 90-day truce that’s set to expire in early November.
BUSINESS
Lenskart, Groww set to cap record month for India IPOs
SoftBank Group Corp.-backed Lenskart plans to launch an IPO worth about $900 million, while Billionbrains, the parent of India’s largest investment platform Groww, is targeting $750 million
BUSINESS
As AI-bubble fears spread, a $35 billion fund manager positions for inflows
The risk of a bubble building inside the tech giants driving artificial intelligence is a recurring theme in conversations among investors these days
BUSINESS
Chinese exports surge, giving Xi Jinping stronger hand in trade fight
Exports rose 8.3% in September from a year earlier to $328.6 billion, the biggest monthly total so far in 2025, according to data from the General Administration of Customs on Monday
BUSINESS
Flying Chinese cars aspire to be latest wonder of Gulf’s skies
Demonstrating a manned flight of its new Land Aircraft Carrier to a select crowd in the United Arab Emirates on Sunday, Guangzhou-based Aridge was making its latest pitch to become a transport option of choice for the Gulf’s super-rich
BUSINESS
Crypto bounces back from record wipeout on easing trade fears
The combined market value of all cryptocurrencies rose more than 6% to top $4 trillion on Monday, according to CoinGecko data.
BUSINESS
Tata Capital set for debut after India’s biggest IPO of year
The offering raised Rs 15,500 crore ($1.7 billion) — the most since Hyundai Motor India Ltd.’s record $3.3 billion deal last year
MARKETS
Chinese stocks slide as renewed trade tensions threaten bull run
The Hang Seng China Enterprises Index slumped as much as 2.4% on Monday, with tech heavyweights Alibaba Group Holding Ltd. and Tencent Holdings Ltd. among the biggest drags
WORLD
Canada seeks to ease China, India tensions as Trump digs in
Foreign minister Anita Anand is traveling to New Delhi, Mumbai, Singapore and Hangzhou, China this week to meet with her counterparts and lay the groundwork for boosting trade and investment
BUSINESS
Silver extends gains on short squeeze as gold rallies to record
Precious metals have surged this year, with the complex’s main quartet of members surging between 50% and 80%, in a rally that’s dominated commodity markets.
