IPO
Meesho to debut after $603 million IPO as India deals hit record
The SoftBank Group Corp.-backed firm raised Rs 5,420 crore ($603 million) in its initial public offering that was fully subscribed on the first day of book building
BUSINESS
Pakistan set for up to 16 IPOs as three-year stock rally tops 300%
Two of the country’s prominent investment banks — Arif Habib Ltd. and Ktrade Securities Ltd. — have a combined pipeline of as many as 16 IPOs over the next seven months
WORLD
Trump, seeking economic reset, insists smart people back tariffs
The president and his aides have acknowledged the need to sharpen their economic messaging, a tacit acknowledgment of how voter sentiment on the economy has become a challenge for the president
BUSINESS
SpaceX to pursue 2026 IPO raising far above $30 billion
The Elon Musk-led company is targeting a valuation of about $1.5 trillion for the entire company, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing.
WORLD
Asian stocks edge higher as investors await US Fed's decision
Benchmark share indexes in Japan and South Korea both gained, while US equity futures were little changed after the S&P 500 closed almost flat Tuesday
BUSINESS
Wall Street Holds Off on Big Bets Ahead of Fed Day: Markets Wrap
Money markets are pricing around two cuts in 2026 after a likely quarter-point reduction tomorrow — a retreat from more optimistic forecasts in recent weeks.
WORLD
Pentagon picks Google AI platform for its millions of employees
The new platform, known as GenAI.mil, is designed to usher in an “AI-driven culture change that will dominate the digital battlefield for years to come,” the Pentagon said in a statement.
WORLD
Trump says Russia is stronger in Ukraine as he chides Europe
Last week, a US national security strategy document signed by the president said European governments “hold unrealistic expectations for the war.”
BUSINESS
Spot silver climbs to $60 per ounce for first time
Traders remain cautious about taking silver out of the US on tariff concerns after it was added to the US Geological Survey’s critical minerals list.
WORLD
China executes second ex-Huarong executive for taking over $156 million bribe
Bai Tianhui, a former general manager at the firm, was executed Tuesday by a court in Tianjin city following the approval of the Supreme People’s Court, China Central Television reported.
BUSINESS
Trump says rate cut will be litmus test for new Fed chair
Trump responded “yes” when asked in an interview with Politico if a quick reduction of borrowing costs would be a litmus test for his handpicked central bank leader.
BUSINESS
Paramount's bid for Warner Bros. features obscure Abu Dhabi firm
Set up relatively recently, government-owned L'imad is among financing partners supporting the Paramount bid, according to a regulatory filing Monday.
BUSINESS
Gold steady as investors focus on US rate policy next year
Swap traders are expecting a quarter-point rate cut by the Fed but are now leaning toward two further moves by the end of 2026, down from three signaled barely a week ago.
BUSINESS
Property developer RMZ Corp said to weigh $1 billion IPO
The Bengaluru-based company has held preliminary discussions with bankers about a potential listing
WORLD
Hermes billionaires’ family office quietly starts new offshoot
Krefeld, named after the town in Germany where ancestor Thierry Hermes was born, has created a separate company called Breithorn Holding that can oversee fund and asset management
WORLD
Saudi Arabia extends alcohol sales to higher-earning residents
Residents must prove their income by showing a salary certificate to gain entry to the country’s only liquor outlet, located in Riyadh
BUSINESS
Berkshire finance chief to retire as post-Buffett era approaches
Marc Hamburg will end his 40-year tenure at the firm in 2027 and hand over his role as chief financial officer next year to Charles Chang, according to a statement Monday.
BUSINESS
Blinkit CEO warns India’s quick commerce bubble may be close to bursting
Global investors including SoftBank Group Corp., Temasek Holdings Pte. and Middle Eastern sovereign funds have poured billions into the sector
WORLD
Famed bear Michael Burry says he’s bullish on Fannie and Freddie
Shares of Fannie Mae rose 2% Monday, while Freddie Mac climbed 2.4%. The pair, which trade over-the-counter and are prone to volatile swings, have added about 12% since late November
BUSINESS
Behind Paramount's bid for Warner Bros: A team of billionaires, banks and Trump's son-in-law to beat Netflix
The names are notable as much for their size as well as their proximity to President Donald Trump
WORLD
Paramount’s streaming size would ease US antitrust review for Warner Bros deal
Paramount, the parent of CBS, MTV and other media businesses, is offering to buy all of Warner Bros., including its stable of TV networks that include CNN, TNT and the Discovery Channel
BUSINESS
Stocks in Asia edge lower as Fed anxiety builds
Chip stocks in Asia were in focus after Nvidia Corp. was granted permission by President Donald Trump to ship its H200 artificial intelligence chip to China in exchange for a 25% cut of the sales.
BUSINESS
Stocks and Bonds Slide at Start of Big Fed Week: Markets Wrap
BUSINESS
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
Netflix has “a very big market share, and when they have Warner Brothers, you know, that share goes up a lot,” the president said, adding that he will be personally involved in the decision-making process.
