BUSINESS
Asian stocks steady at open, Bitcoin dips again
MSCI Inc.’s gauge of regional shares was little changed as benchmarks in South Korea and Australia swung between gains and losses. Japanese indexes were mixed.
BUSINESS
S&P 500 Ekes out gain as Bitcoin surges after rout: Markets Wrap
After cutting interest rates by more than a percentage point, Fed officials are now wondering where to stop – and finding there’s more disagreement than ever.
BUSINESS
Big tech’s ‘spend little, earn lots’ formula is threatened by AI
Despite the uncertainty of future payoffs, investors are giving the tech giants the benefit of the doubt on their AI plans, at least so far.
BUSINESS
Europe is nearing deal to end Russian fossil fuels imports
Despite recent attempts by the US to broker a peace deal in Ukraine, the EU has no plans to give up on the shift away from Russian gas.
BUSINESS
Michael Dell gives $6.25 billion to launch ‘Trump Accounts’ for 25 million kids
Dell, who’s the 11th-richest person in the world with a $148 billion fortune has been a public champion of the Trump accounts.
BUSINESS
World economy surprisingly resilient to tariffs, OECD says
OECD continues to predict global growth will slow to 2.9% in 2026 from 3.2% in 2025 as the full effects of levies on trade have yet to be felt.
BUSINESS
Former RBI Governor Rajan warns of rising private credit risks
Private sector profitability and a wave of AI success stories have created a sense in the market that the lending boom will continue for a long time, said Rajan, a finance professor at the University of Chicago.
BUSINESS
Meesho faces investor protest over anchor allotment to SBI Funds
That decision triggered a pushback from other large funds, the people said, asking not to be identified as the information is private. Meesho is set to open its anchor book — a portion of shares reserved for institutional investors — on Tuesday ahead of its initial public offering that launches on Wednesday
IPO
Torrent Gas hires Axis Bank, Kotak Mahindra Capital, Citigroup for $450 million IPO
The planned offering comes as near-record fundraising makes India one of the busiest IPO venues globally this year, with energy and infrastructure issuers driving supply
COMPANIES
Carlyle Group said to eye stake in Nido Home Finance
Carlyle is targeting an initial funding of $300 million in Mumbai-based Nido Home Finance Ltd., owned by Edelweiss Financial Services Ltd
BUSINESS
Michael Burry shorts Tesla on valuation and Elon Musk pay plan: Report
Tesla is already in the spotlight as shareholders debate Musk’s proposed $1 trillion award, which hinges on performance milestones
BUSINESS
Netflix offers mostly cash for Warner Bros. Discovery Inc.in new bid round
The offers are binding, which means the board is in a position to sign off on a deal quickly if its goals are met
BUSINESS
Amazon offers test of ‘ultrafast’ delivery in two US cities
The fee will start at $13.99, discounted to $3.99 for Prime members, Amazon said
BUSINESS
China’s yuan set for best year since 2020, defying trade strains
The offshore yuan has strengthened by nearly 4% in 2025 as the authorities have supported the currency through their daily fixings, a rally in China stocks has lured inflows, and the dollar has weakened.
BUSINESS
Airbus to inspect hundreds of A320 jets for defective panels
A total of 628 jets contain panels that may be too thick or too thin due to a manufacturing issue at a supplier, Airbus told A320 customers in a roughly hour-long presentation last week.
BUSINESS
Silver retreats from record high on concerns of overheating
The rally in silver – which rose more than 8% over the previous two sessions – has been fueled by bets on prolonged supply tightness.
BUSINESS
Crypto downturn wipes out almost $1 billion in levered bets
Bitcoin slid as much as 8% to $83,824 in New York, bringing its decline since early October to almost 30%.
BUSINESS
Asian stocks edge up, Japan bond auction in focus
Bitcoin edged lower to trade around $86,400 after losing more than 5% on Monday.
WORLD
DeepSeek debuts new AI models to rival Google and OpenAI
DeepSeek, which stunned the tech world in January with a breakthrough AI model, had earlier described the experimental version of the model as a step toward next-generation artificial intelligence.
WORLD
EU warns US against pressuring Ukraine over Russia on peace plan
The EU’s top diplomat warned that US pressure on Ukraine to accept a hasty peace deal risks rewarding Russia’s aggression.
WORLD
US, UK announce deal on pharmaceutical tariffs, drug pricing
The Times newspaper first reported the UK is preparing to announce the deal. The Department for Business and Trade didn’t respond to a request for comment.
CRYPTOCURRENCY
Bitcoin plunges to below $85,000 in risk-off start to December
After the latest bout of selling on Monday, traders are bracing for bigger moves lower.
BUSINESS
Airbus finds quality issues on A320 panels that need inspection
Airbus said the source of the issue has been identified and contained, and that newly produced panels conform to all requirements.
BUSINESS
Temasek-backed Atomberg is said to plan $200 million India IPO
The IPO is likely to comprise a mix of new share issuance and secondary sales by existing investors, and could come as early as next year
