Page 5 - Bloomberg

IMF likely to alter classification of India's exchange rate regime

The currency plunged to a record low on Friday after the central bank unexpectedly stepped back from defending it as firmly as before

Trump takes key step toward terrorism label for Muslim Brotherhood

Many members of the Republican Party as well as leaders in Egypt and the United Arab Emirates have long urged Trump to categorise the Muslim Brotherhood a terrorist organisation

Trump admin fights attempt to get Elon Musk's testimony in DOGE case

The Justice Department has asked a federal judge in Maryland to block depositions of Musk and two former senior USAID officials, according to a recent court filing

What India can do to address its low-inflation problem and aid growth

Traders attributed at least part of the slide to the RBI's reluctance to intervene, breaking with the practice of recent months as the currency weakened largely due to an elusive trade deal with US

Bangladesh needs reform, not old executioners and political vengeance

Elections are due in February - and whoever wins will have a mandate tainted by violence and weakened by the enforced absence of the League

Citi India nears $1 billion in asset-backed securities amid rising demand

India's relatively small securitization market has been heating up, led by a surge in originations by non-bank lenders and growing appetite for bundled debt from banks and mutual funds

Adani's copper smelter running far below capacity amid global ore shortage

Kutch Copper Ltd., which began processing metal in June after multiple delays, has brought in less than a 10th of the raw material required, according to customs data

A decade after Paris, climate diplomacy now is just about saving itself

The sluggish business of climate diplomacy at the annual UN climate summit avoided a no-deal collapse, but after two weeks, the grand ambition seen after the 2015 Paris Agreement is gone

HPV research bolsters case for vaccine as misinformation battle intensifies

HPV vaccination reduces the incidence of cervical cancer by about 80 per cent in people vaccinated at or before the age of 16, according to findings published Monday in two Cochrane reviews

Why real setback on climate isn't the one that unfolded in Brazil?

The disappointment at COP30 masks a deeper problem: weak national climate plans from major emitters, not the diplomacy in Brazil, are what threaten real progress toward meeting global emissions goals

Trump says TV networks shouldn't 'enlarge', cites rise of left-wing outlets

Trump has ramped up his long-running attacks on the media, while his administration seeks to limit press access

Stablecoins' future may hinge on lessons drawn from a 200-year-old past

Stablecoins are emerging as a major force in digital payments, but their future may depend on whether modern regulations can avoid the pitfalls of past and withstand real-world financial stress

Japan presses ahead with missile deployment near Taiwan amid China tensions

When asked about the potential impact on Yonaguni of a Taiwan crisis, Koizumi said he wouldn't comment on hypothetical scenarios

BHP Group has made renewed bid approach to Anglo American: Report

Anglo American's market capitalisation is about $41.80 billion, while BHP's is around $132.18 billion, based on LSEG data.

Carlyle launching $300 mn India side fund, eyes growth in key sectors

Carlyle's India fund will invest in financial services, advanced manufacturing, consumer, media and retail, technology and business services, and health care

COP30 wrap: 6 major takeaways from global climate negotiations 2025

Two weeks of talks in the rainforest city of Belem, Brazil, served as a rebuttal of sorts to the idea that climate multilateralism is no longer viable

Chinese envoy sends letter to UN Chief Guterres over Japan's Taiwan remark

China's Permanent Representative to the United Nations Fu Cong delivered the message to Secretary-General Antonio Guterres on Friday, according to the state-run Xinhua News Agency

European leaders scramble to buy Ukraine time as US sets ceasefire deadline

President Volodymyr Zelenskiy and leaders in France, Germany and across Europe are rushing to respond to US demands that Ukraine agree to the 28-point plan circulated this week by next Thursday

Bill Ackman prepares for Pershing Square IPO, eyeing debut in 2026

In what would be a unique double IPO, Ackman is looking to simultaneously list a new investment fund along with Pershing Square

Marjorie Taylor Greene to resign from Congress after fallout with Trump

Greene was among the Republicans who led the legislative effort to compel the Justice Department to release the files of sex trafficker Jeffrey Epstein