Page 37 - Bloomberg/reuters

Big tech, small-cap stocks rise in wake of US Fed's rate reduction

The S&P 500 Index climbed 0.3% at 9:42 a.m. in New York, while the technology-heavy Nasdaq 100 Index rose 0.7%, led by gains across behemoths Nvidia Corp. and Tesla Inc.

PFRDA looks to boost investment in booming infrastructure sector

Infrastructure is a core component of Prime Minister Narendra Modi's economic goals, driving the administration to look for ways to incentivize investment and close a large funding gap

Powell delivers 25-bps cut but keeps markets guessing on rate path

Federal Reserve Chair Jerome Powell cut rates by 25 bps but left investors uncertain on future easing, citing inflation risks as markets priced in deeper reductions

Nightmare at Nestle: World's biggest food company faces a reckoning

The share price has dropped more than 40 per cent since a peak in 2022, hit by falling volumes, bloated costs, volatile consumer demand, and missteps by a management team

Kash Patel calls Krispy Kreme stock a buy, sparks wild market rally

Patel explained that he's long liked to trade stocks and said that in this case he simply saw "good investment" opportunities in Krispy Kreme Inc. and ON Semiconductor Corp

China stockpiling so much oil raises questions despite surge in EVs

China has purchased more than 150 million barrels - costing about $10 billion at current prices - above its actual use so far this year

Trump's Caribbean boat strikes spark fresh debate over legality, threats

The circumstances of the strikes were still unclear and questions lingered about the true threat posed to the US

Meta launches $799 Ray-Ban smart glasses with built-in display, AI features

In an interview ahead of their launch, Chief Technology Officer Andrew Bosworth called the new glasses "the first serious product" in the space

India's bulk drug makers start preparing for Ozempic patent expiry

From local giants Dr Reddy's Laboratories Ltd. to suppliers like Macleods Pharmaceuticals Ltd., Indian firms are preparing to make bulk drugs

Prosus NV doubles stake in Urban Company ahead of $1.8 billion IPO

The Amsterdam-based technology group now owns 7.35 per cent of Urban after adding about 4 per cent in the latest deal

Why Nepal's new power brokers pose fresh challenges for India, China

If India and China continue treating Nepal primarily as a geopolitical pawn, they risk alienating future leaders

Microsoft, OpenAI, other US firms herald Trump's UK visit With pledges

The tech giants are dedicating more than £31 billion ($42.3 billion) to artificial intelligence systems, quantum computing initiatives and other tech projects

TikTok US operations buyers to include Oracle, Silver Lake, and Andreessen

If finalised, a deal will resolve a sticking point in Beijing-Washington relations and help shape the fate of China's most valuable private company

Jio BlackRock expects India's mutual fund industry to triple by 2032

India's equity markets have more than doubled to $5.3 trillion over the last five years, drawing millions of retail investors

Jack Ma returns to 'Make Alibaba Great Again' with AI push, subsidy war

Once China's wealthiest and most prominent tech leader, Ma's comeback has long been awaited as a signal that the country's previously freewheeling tech sector is returning to favour in Beijing

Wall Street raises alarm on Donald Trump ending quarterly earnings

Trump is pushing for a six-month reporting schedule as opposed to the current every three-months format

CVC in talks to buy KKR's stake in Avendus after Mizuho deal falters

A sale would mark one of the larger pvt equity exits in India's financial services sector, signaling strong investor appetite for country's fast-growing capital markets and wealth management industry

India's LNG demand drops in 2025 as buyers await supply wave, price drop

Purchases slowed as elevated spot prices made LNG less competitive against alternative fuels, while monsoon rains brought cooler weather and reduced power demand

US tariff of 15% on Japanese cars, auto parts to take effect from today

President Donald Trump signed an executive order to implement the deal earlier this month, setting a maximum 15 per cent tariff on most of Japan's products, including automobiles

US plan to slap tariffs on India and China risks global trade backlash

Since India has none of China's bargaining chips, Trump has found it easy to target it for buying discounted Russian oil, a threat of further punishment, however, could backfire