Bloomberg/reuters

US, Iran review fresh peace proposals amid limited strikes, war tensions

Qatari mediators are seeking a diplomatic breakthrough between Washington and Tehran despite limited US strikes, as both sides weigh fresh proposals and oil prices retreat

Binance's $6.3 billion hack creates windfall for crypto arbitrage traders

Crypto traders exploited sharp price gaps after hackers stole $6.3 billion from Binance, with rushed transactions costing the attackers an estimated $119 million, according to Bitquery

Russia to extend diesel export curbs with exemptions for global markets

Moscow plans to extend restrictions on most diesel exports while allowing limited overseas shipments under a Trump-Putin deal, as Ukrainian refinery strikes threaten supplies

Volkswagen supplier to cut 3,400 jobs, close German sites on weak demand

The firm will eliminate 3,460 jobs in Europe, some three quarters of those in Germany, the maker of ball bearings and hybrid-electric drivetrains said Tuesday

US, Iran weigh mediators' latest proposals amid limited airstrikes

Qatari mediators flew to Tehran on Monday for more talks with Iranian officials and returned late in the day

Central banks worldwide buy gold at fastest pace since 2024, says WGC

The institutions accumulated a net 321 tons in the three months through September, the World Gold Council said in a report on Tuesday

India tax hike drives illegal gold imports to highest level since 2023

Informal shipments for July to September jumped more than 1,500% to 50 metric tons from 3 tons a year earlier, according to a report from the World Gold Council

Pakistan's economic rebound masks deeper problems despite market rally

High energy costs and the war with Iran have pushed up inflation, while renewed militancy in Pakistan's border provinces is adding to risks for investors

Walt Disney eyes thousands of job cuts as it targets 20% cost savings

Disney has cut billions of dollars worth of costs and eliminated thousands of positions in recent years, with reductions impacting every division including ABC, Pixar, ESPN, the film studio

Russia, Ukraine report cyberattacks on emergency, air raid alert systems

Residents received warnings of a 'nuclear danger' on Sunday through the air raid alert app, which millions of Ukrainians rely on for information about incoming Russian missile and drone strikes

Bitcoin's resilience after Binance hack masks lingering market jitters

The original cryptocurrency rose about 1% Monday, trading around $78,300 at 1 p.m. in Singapore

Coal India unit South Eastern Coalfields files for $800 million IPO

The offering will consist entirely of shares sold by parent Coal India, with no fresh issuance, according to the draft prospectus filed with Sebi

Trump banks on rallies to turn out Maga faithful in final midterm push

For Republicans, though, it's unclear whether the president's rallies are a help or a distraction

India's consumers are back, but its stock market is still lagging

Indian stocks have underperformed global markets for more than two years, losing nearly half their value, as foreign capital fled

China's 5k tonne digging machines could become trade weapon against India

Beijing's newest export controls target construction equipment - including tunnel-boring machines, some of the world's largest and most complex industrial devices

DeepSeek drops enhanced coding agent with aim to rival Anthropic

DeepSeek has unveiled an open-source autonomous coding agent that can monitor developer discussions and suggest solutions, intensifying its competition with Anthropic's Claude Code.

US jobs pickup may keep Federal Reserve on track to hike rates again

Forecasters expect the report to show monthly job growth more than doubled in October, to 65,000, while the unemployment rate remained steady at 4.2%

Carlyle Group, KKR get ready to snatch up bargain leveraged loans

Money managers are looking to capitalise on a selloff in the $1.5 trillion US leveraged-loan market, with more than 85% of loans trading below face value

What Asian stock investors need to watch ahead of US midterm elections

A Democratic sweep of both chambers of Congress would likely bring greater scrutiny of the AI industry and data-center buildout

Binance crypto exchange's $6.3 bn heist rattles crypto, draws scrutiny

The US agencies are coordinating with private-sector partners to assess the breach and recover stolen funds, while Binance pledged to cover all losses