BUSINESS
India tycoon partners US firm on $2 AI email rival to Outlook
The tie-up with Tempe, Arizona-based GoDaddy, one of the world’s largest web hosts, is expected to swell Titan’s user base beyond 10 million mailboxes worldwide in about four years
WORLD
India, China set to resume direct flights in sign of closer ties
Airlines in India have been asked by the government to prepare flights to China at short notice, with a possible official announcement as soon as the Shanghai Cooperation Organisation summit in China, said the people, asking not to be identified because the negotiations are ongoing.
BUSINESS
Mahindra boosts South Africa capacity as budget car demand jumps
Mahindra also sells sports utility vehicles in South Africa including the XUV 3XO, XUV 700, Scorpio-N and Bolero.
COMPANIES
Shapoorji eyes $1 billion debt payment in possible Tata exit
Shapoorji is aiming to settle the outstanding Rs 8,810 crore in bonds that were issued by Goswami Infratech Pvt. and mature in April next year
MARKETS
Japan’s Nikkei hits record high on tariff relief, tech rally
The blue-chip gauge climbed as much as 2.5% to 42,867.69, joining the Topix in surpassing July 2024 peaks
WORLD
Goh Cheng Liang, Singapore’s second-richest person, dies at 98
Goh founded Nippon Paint South East Asia, or Nipsea, which manages Asia Pacific’s biggest paint-making businesses
BUSINESS
VinFast bets on India, Indonesia to win global EV race after US, EU push falters
The opening of its first overseas assembly plant in India earlier this month is a crucial piece in billionaire owner Pham Nhat Vuong’s Asia pivot
BUSINESS
Ultra wealthy are piling into a centuries-old gold trade in Asia
Uncertainty over the status of gold in President Donald Trump’s sweeping tariff agenda has plunged the market into fresh turmoil in recent days
BUSINESS
Trump names Heritage’s EJ Antoni to lead US bureau of labor statistics
Trump appointed Antoni, who has been vocal about his concerns with BLS jobs data and revisions, in a Truth Social post. The position is subject to Senate confirmation
BUSINESS
Fed Chair search expands to include Bowman, Jefferson and Logan
BUSINESS
Asian stocks rise on China tariff truce extension
Chinese shares will be in focus after President Donald Trump extended the pause on tariffs for another 90 days, pushing the deadline into early November.
CRYPTOCURRENCY
Former biotech raising $1.5 billion to hoard Trump-tied token
Alt5 Sigma Corp., a Las Vegas-based company that swerved from chronic pain treatment into crypto payments, said in a statement Monday that it was selling shares to raise money to buy World Liberty Financial tokens, a virtual asset tied to the family of President Donald Trump
BUSINESS
Intel CEO to meet trump after President’s call for resignation
Lip-Bu Tan was set for a meeting with the White House on Monday, a person familiar with the situation said, asking not to be identified discussion private matters
WORLD
China's mega dam project in Tibet on Brahmaputra to see scrutiny over green finance risks
The development on the Yarlung Tsangpo (Brahmaputra) river overlaps with one of the world’s key biodiversity hotspots
BANKING
ICICI investment banking head Saraf to move to retail broking
The leadership reshuffle comes after ICICI Securities was delisted from local stock exchanges in March
BUSINESS
Bessent sees US trade talks largely done by October: Report
The comments, made to Nikkei on Thursday, come after President Donald Trump’s sweeping new tariffs took effect.
BUSINESS
Asian stocks edge up before key data, oil falls
Asian lithium stocks rose after Contemporary Amperex Technology Co. Ltd. suspended production at a major mine in China’s Jiangxi province for at least three months, a move that may ease oversupply concerns.
BUSINESS
Nvidia, AMD agree to pay US 15% of China chip sale revenue
Nvidia plans to share 15% of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues
WORLD
US inflation to rise as higher tariffs feed through
Higher US tariffs are already pushing up prices for household goods and recreational items, and economists warn the impact will likely spread as import duties continue to bite.
WORLD
Fed’s Michelle Bowman favours three interest-rate cuts this year
Bowman said in prepared remarks she supports multiple interest-rate cuts and that her view had been reinforced by recent weak labour-market data.
BUSINESS
Traders are fleeing stocks feared to be under threat from AI
The souring sentiment among investors comes as AI is changing everything from the way people get information from the internet to how colleges function.
WORLD
Trump announces he’ll meet with Putin in Alaska next Friday
Inviting Putin to return to US soil for the first time since in nearly a decade will only heighten the stakes for Trump, who is seeking to broker a peace deal that he said would see the countries engage in “some swapping of territories.”
WORLD
US and Russia plan truce to cement Vladimir Putin’s gains in Ukraine
US and Russian officials are working toward an agreement on territories for a planned summit meeting between Presidents Donald Trump and Vladimir Putin as early as next week,
WORLD
Tariffs are starting to squeeze profits for Trump-loving farmers
Trump has asked farmers to give his tariff policies time to play out, promising better results than the trade deal he struck with China in his first term.
