WORLD
Asian stocks, gold retreat as momentum unwinds
MSCI’s Asia equity benchmark retreated further from its record close earlier this week, with Japanese shares leading the decline
BUSINESS
Anthropic, Google in talks on multibillion-dollar cloud deal
Google previously invested about $3 billion in Anthropic
BUSINESS
Gold and silver waver after massive pullback as rally fizzles
The pullback brought an abrupt halt to rapid advances that have been underway since mid-August.
WORLD
Walmart pauses job offers to candidates needing H-1B visas
The Trump administration last month slapped a $100,000 fee for new H-1B applications in a bid to overhaul the visa program and curb overuse.
BUSINESS
Gold, silver extend losses as equity rally stalls
Gold fell 2.9% at one point to $4,004.26 per ounce after dropping as much as 6.3% on Tuesday, its biggest intraday decline in more than a dozen years.
BUSINESS
Gold and silver post steepest drops in years as rally cools
Spot gold fell as much as 6.3% to $4,082.03 an ounce, while spot silver fell as much as 8.7% to $47.89 an ounce
WORLD
Oil’s billion-barrel sea surplus expands as output swells
A total of 1.24 billion barrels of crude and condensate, a light form of oil recovered from gas fields, was moving on tankers in the week to October 17
WORLD
Unilever delays ice cream demerger on US federal shutdown
The demerger was previously on track for mid-November, with a primary listing in the Netherlands
BUSINESS
Gold holds near record high even as US-China trade tensions ease
Precious metals have been on a tear this year, with gold registering a ninth straight week of gains. Prices are up more than 65% so far in 2025, underpinned by central-bank buying and inflows to exchange-traded funds.
BUSINESS
Stock rally powers on as Asian shares hit record
MSCI’s regional stock gauge topped its record close with benchmarks in Japan and South Korea both at all-time highs
WORLD
China says economic goal in reach despite weakest growth in a year
Gross domestic product expanded 4.8% from a year earlier in the three months through September, slightly exceeding economists’ forecast
MARKETS
Japan’s Nikkei heads for new high on LDP-Ishin coalition hopes
The LDP and the Japan Innovation Party have broadly reached an agreement and will announce their coalition deal at 6 pm, according to Ishin’s co-leader Hirofumi Yoshimura
BUSINESS
Global banks bet billions on India deals amid US credit jitters
Indian lenders look relatively more insulated, and are gaining from rapid digital adoption, government moves, as well as a large under-banked population.
BUSINESS
Gold holds drop as traders focus on US-China trade, credit woes
Precious metals have been on a tear this year, with gold registering a ninth straight week of gains last week.
BUSINESS
Asian shares rise as US-China trade tensions cool
Shares in Japan and South Korea rose, while Australia dipped, after the region’s equities fell on Friday amid concerns on US regional banks.
WORLD
Zelenskiy wants Ukraine war to be frozen before peace talks
Ukraine President Zelenskyy urges freezing the conflict along existing frontlines before engaging in peace negotiations, amid Putin’s demand for full control of Donetsk.
BUSINESS
Gold’s historic rally comes with a bonus for emerging markets
For money managers in emerging markets, gold’s surge is giving them another reason to stay bullish.
WORLD
China says it found evidence of US cyber attack on state agency
The accusations follow repeated allegations made by Western governments and companies in recent years blaming Chinese hackers for cyberattacks on their computer systems.
CRYPTOCURRENCY
Crypto miners riding the AI wave are leaving bitcoin behind
Two years ago, the sector benefitted at the initial start of the AI boom, only to see their share prices tumble the following year as mining profitability declined and competition increased.
BUSINESS
Sold out in India, panic in London: How the silver market broke
Demand for silver ETFs has soared in recent months, amid concerns about the stability of the US dollar, a wave of investment that’s become known as the “debasement trade.”
WORLD
US warns of ‘imminent’ attack by Hamas against Palestinians
Earlier this week, Hamas executed Palestinians accused of collaborating with Israel
BUSINESS
US-China trade talks seen next week as Trump plays down tariffs
The upcoming talks represent the latest efforts to reach an understanding trade after what’s already been four rounds of bilateral trade talks.
BUSINESS
Silver falls more than 6% as precious metals retreat after rally
The pullback came as concerns eased over credit quality in the US and trade frictions between China and the US, which is denting haven demand for gold and silver.
BUSINESS
Trump extends auto tariff relief, imposes truck and bus duties
President Donald Trump signed a proclamation Friday hitting trucks and buses with tariffs beginning November 1, according to senior administration officials.
