Jamie Dimon says US economy is weakening after record BLS revision
The revision 'just confirms what we already thought,' Dimon said
US payrolls marked down a record 911,000 in preliminary estimate
Traders widely expect central bankers to cut rates at the conclusion of their two-day meeting September 17
Nearly 50% of Nifty 500 index stocks above 40× P/E, outpacing most world indices
Nearly half of Nifty 500 companies valued above 40× earnings, highest among major global indices.
Bessent battles Trump demands, market jitters in Fed chair hunt
Bessent has intentionally taken a more hands-off approach, compiling a list of nearly a dozen candidates, but is not expected to push any one candidate
Chart of the Day | Gold shines brighter
Time and again, gold has established itself as a safe haven for investors. The recent price increase can be largely attributed to decisions made by US President Donald Trump
Trump family adds $1.3 billion of crypto wealth in span of weeks
The haul from crypto firm World Liberty Financial and separate mining operation American Bitcoin Corp. shows how still-nascent projects are already translating into tangible wealth for the first family
Are Indian stocks near fair value after global underperformance?
Despite a challenging year that saw Indian markets emerge as global laggards with zero dollar returns, valuation metrics suggest the market may be approaching but hasn't yet reached its fundamental bottom
OPEC+ confronts the next stage in battle for oil market share
Saudi Arabia and its partners have yet to decide how to proceed after completing the fast-tracked addition of 2.5 million barrels a day that was finalized at its previous gathering
Gold races to all-time high above $3,500 on US rate cut prospects
Spot gold was steady at $3,476.48 per ounce as of 0947 GMT, after hitting a record high of $3,508.50 earlier in the session. Bullion has gained 32% so far this year
Chart of the Day | Currency crisis: Why India's rupee is the weakest in emerging markets in 2025
The Indian rupee has emerged as the worst-performing emerging market currency as President Trump's aggressive 50 percent tariffs trigger unprecedented capital outflows and export challenges for Asia's third-largest economy
China’s $1 trillion stock rally spurs curbs from broker, funds
A number of domestic mutual fund houses this week imposed daily purchasing restrictions on some of the year’s best performing portfolios
TPG joins Asia’s rush for mid-sized buyouts with latest fund
Mega deals have been slow to return in Asia, in part due to subdued activity in China
Eight Indian stocks make it to FTSE All-World Index, effective September 22
The FTSE All-World Index tracks the performance of large and mid-cap companies from across the globe.
Powell’s Jackson Hole speech sends Treasuries soaring, gold to fresh highs
Jackson Hole speech sparks bond rally, dollar dips, gold climbs.
Powell’s global peers to cheer for the Fed in rebuke to Trump
The Fed chair is facing relentless attacks from President Donald Trump for refusing to cut interest rates. Trump has also pledged to replace Powell next year when his term as chair expires with someone more compliant.
Chart of the Day: Tariffs impact India’s market confidence
India's stock market has plummeted from being Asia's most favoured investment destination to the least preferred among global fund managers, as Trump's punitive tariff threats and corporate earnings concerns trigger a dramatic investor sentiment reversal.
Why China’s $11 trillion stock market is a headache for both Xi and Trump
Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath of a dramatic bubble burst a decade ago
US central bankers flock to Jackson Hole at pivotal moment
Powell may also drop some hints about the Fed’s thinking ahead of its September policy meeting
Business in the Week Ahead: August 18-22, 2025
Five new IPOs will open for subscription. Flash PMIs and minutes of US FOMC meeting are key data releases to track
Bitcoin hits fresh record as US Fed easing bets add to tailwinds
The world's largest crypto-asset by market capitalisation climbed as much as 0.9% to $124,002.49 in early Asia trading, surpassing its previous peak hit in July
Asia stocks pause after rally; yen gains on Scott Bessent's comments
The MSCI Asia Pacific Index fell 0.2% as Japanese stocks slid 1.1%
China’s property crisis hits new low with Evergrande delisting
The company, once China’s biggest developer by sales, will be removed from the Hong Kong stock exchange on August 25
China’s $11 trillion stock market is staging a steady resurgence
Mainland households, flushed with record-high savings, are turning to equities for better returns as interest rates continue to drift lower
US July CPI due today could nudge higher, show polls, revealing how Trump tariffs are impacting prices
According to a Bloomberg survey of economists, the annual core inflation rate to rise to 3%, the highest since February. A Goldman Sachs note recently said the core personal consumer expenditure index, a key metric for the US Fed to assess inflation, could hit 3.2 percent in December, from 208 percent in June.
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
