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India’s short-term bonds rally on hopes of record RBI dividend

BUSINESS

India’s short-term bonds rally on hopes of record RBI dividend

The RBI board will meet on Friday to consider the dividend.

Asian stocks gain, oil rises on Israel-Iran report

BUSINESS

Asian stocks gain, oil rises on Israel-Iran report

Benchmarks in Australia, South Korea and Japan all climbed, pushing a gauge of Asian shares 0.4% higher in early trade.

Apple to open AI models to developers, betting that it will spur new apps

BUSINESS

Apple to open AI models to developers, betting that it will spur new apps

The iPhone maker is working on a software development kit and related frameworks that will let outsiders build AI features based on the large language models that the company uses for Apple Intelligence, according to people with knowledge of the matter

Musk says he’s committed to being Tesla CEO for next five years

BUSINESS

Musk says he’s committed to being Tesla CEO for next five years

Musk plans to cut back his political spending, easing some investors' worries about the future of his most valuable company.

India plans to spend $10 billion on homebuilt oil tanker fleet

INDIA

India plans to spend $10 billion on homebuilt oil tanker fleet

The plan’s first phase involves purchasing 79 ships, of which 30 of them would be medium-range vessels, said sources

Russian oil flows are becoming increasingly obscured

BUSINESS

Russian oil flows are becoming increasingly obscured

Mauritius wants to ride a wealth boom out of its tax haven reputation

WORLD

Mauritius wants to ride a wealth boom out of its tax haven reputation

Chinese smartphone exports to US plunge to lowest since 2011

BUSINESS

Chinese smartphone exports to US plunge to lowest since 2011

Jamie Dimon warns markets are underestimating geopolitical, inflation risks

BUSINESS

Jamie Dimon warns markets are underestimating geopolitical, inflation risks

Dimon said the chances of elevated inflation and stagflation are greater than people think, cautioned that America’s asset prices remain high and said that credit spreads aren’t accounting for the impacts of a potential downturn.

India expects multi-phase trade deal with US as talks proceed

BUSINESS

India expects multi-phase trade deal with US as talks proceed

The final leg of the deal will likely be a comprehensive agreement that would follow once there’s approval from the US Congress, possibly concluded only next year, Indian officials familiar with the matter said.

Gold edges lower as haven demand from Moody’s downgrade fades

BUSINESS

Gold edges lower as haven demand from Moody’s downgrade fades

Gold is still up by more than fifth this year, however, and is unlikely to go into a sharp decline due to the uncertainty that Trump has injected into the global economy.

Chinese banks lower benchmark lending rates after easing by PBOC

BUSINESS

Chinese banks lower benchmark lending rates after easing by PBOC

The five-year rate, a reference for long-term loans including mortgages, was cut to 3.5% from 3.6%, same as expected.

Asian stocks advance after rebound on Wall Street

BUSINESS

Asian stocks advance after rebound on Wall Street

A regional stock gauge gained 0.4% after the S&P 500 index climbed for a sixth straight day.

Apple partner Hon Hai injects $1.5 billion into India unit

BUSINESS

Apple partner Hon Hai injects $1.5 billion into India unit

The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary

Britain’s big EU reset turns out to be just the start of talks

WORLD

Britain’s big EU reset turns out to be just the start of talks

Starmer said an agreement to ease border checks on agri-food products would drive down prices at supermarkets and add some £9 billion ($12 billion) to annual GDP by 2040

India readies gas power fleet to prevent summer blackouts

INDIA

India readies gas power fleet to prevent summer blackouts

Starmer makes late fishing concession to seal EU-UK deal

WORLD

Starmer makes late fishing concession to seal EU-UK deal

Starmer arrived at Lancaster House in London on Monday morning, where he is hosting European Commission President Ursula von der Leyen.

Gold gets bounce from Moody’s US downgrade after big weekly drop

BUSINESS

Gold gets bounce from Moody’s US downgrade after big weekly drop

Gold is still up by more than one fifth this year, driven by global conflicts, US President Donald Trump’s tariff spree and inflows to exchange-traded funds.

China tells officials to rein in alcohol, cigarette spending

BUSINESS

China tells officials to rein in alcohol, cigarette spending

The notice issued by the government and ruling Communist Party also covered outlays on receptions and alcohol and cigarettes, the official Xinhua News Agency said on Sunday.

Midpoint of Trump tariff hiatus to reveal increasingly unsettled world

MARKETS

Midpoint of Trump tariff hiatus to reveal increasingly unsettled world

Chinese consumer and industry data on Monday will be followed by purchasing manager indexes on Thursday from around the world

Why crypto high-rollers are betting big on bodyguards

BUSINESS

Why crypto high-rollers are betting big on bodyguards

People with crypto wealth face unique physical risks because public blockchain networks like Bitcoin and Ethereum allow tokens to be transferred instantly and anonymously

How Big Tech went from Wall Street's safest bet to biggest question

BUSINESS

How Big Tech went from Wall Street's safest bet to biggest question

Despite the S&P 500 Index clawing back into the green for 2025 after being whipsawed by President Donald Trump’s vacillating trade policies, tech giants like Apple Inc., Alphabet Inc., Amazon.com Inc. and Tesla Inc. are still down.

This defence group details how China provided support to Pakistan during India clash

INDIA

This defence group details how China provided support to Pakistan during India clash

China helped Pakistan reorganize its radar and air defense systems to more effectively detect India’s deployments of troops and weaponry, claimed the group

Charting the global economy: US, China forecasts improve on tariff truce

MARKETS

Charting the global economy: US, China forecasts improve on tariff truce

China’s economy is now seen expanding at least 4.6% this year from as low as 4% previously, according to new estimates

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