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Emerging market assets weighed down by Trump's blanket tariff threat

The MSCI index tracking developing-world currencies edged lower, with the South African rand and the Mexican peso leading the losses

Red Sea insurance premiums spike as Houthi threat resurfaces after attacks

Shipowners now have to pay about 1% of a ship's value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan

Preliminary report on Air India crash to give peek into jet's final moments

Preliminary findings indicated the fuel switches were turned off, though it's unclear whether it was accidental or intentional and whether any effort was made to turn them back on

India widens global investor access to $639 bn corporate credit market

The financial regulator for the special economic zone known as GIFT City has allowed global banks including HSBC Holdings Plc and Standard Chartered Plc to offer total return swaps for corporate bonds

Jane Street fallout hits NSE's pre-IPO valuation, sparks market concerns

The drop in NSE's unlisted shares follows a stunning surge since late October, fueled by hopes for a listing of the world's biggest equity-derivatives bourse

Sebi probe puts Jane Street's India trading strategy under spotlight

The regulator says that the high-frequency trading giant has made $4.3 billion from India in a little over two years, and so far its officers have only investigated trades in one index

Uber's India ambitions face challenge from rival Rapido's pricing model

India is crucial for Uber because its massive population of more than 1.4 billion people represents an unparalleled opportunity for expansion

Brazil can survive without US trade, says Lula amid Trump tariff threat

In televised interviews, Lula struck a defiant tone, saying Trump must respect Brazil's sovereignty and cannot act as if he owns other nations

Traders watch expiry day moves after Sebi ban on Jane Street Group

The benchmark NSE Nifty 50 Index opened little changed, with its biggest components - HDFC Bank Ltd., Reliance Industries Ltd. and ICICI Bank Ltd. - barely moving

Elon Musk unveils Grok4 AI after backlash over 'antisemitic' content

Grok 4's release comes just a day after xAI was forced to remove inappropriate Grok posts from X that included antisemitic comments and replies to users

Life-threatening heat domes challenge forecasters amid climate change

This phenomenon has also already struck Europe and China this summer, leading to the temporary closure of the Eiffel Tower and worries about wilting rice crops, respectively

UK and France order more cruise missiles, pledge nuclear cooperation

The announcement made during a state visit to the UK by Macron is part of an attempt by both leaders to signal their commitment to Europe's sovereign defense capabilities amid the threat from Russia

WPP appoints Microsoft's Cindy Rose as new CEO to drive turnaround

Rose, 59, will take on the role leading the advertising group beginning Sept.1, the company said in a statement on Thursday

UK, France agree to 'one in, one out' migrant deal to curb sea crossings

With record numbers of asylum seekers crossing the English Channel in small boats this year more than 21,000 have done so through this week Starmer is under pressure to rein in the numbers

India seeks to avoid Trump's Brics wrath as it pursues US trade deal

With New Delhi set to assume the Brics chairmanship in 2026, India needs to differentiate itself from members like China and Russia, who are seeking to build the bloc as an opposition voice to the US

JM Financial sees Indian IPOs adding $3 trillion market value over decade

India is poised to become the most interesting and exciting market in the world, said Vishal Kampani, vice chairman and managing director of JM Financial Ltd

$100 million job offers: How Mark Zuckerberg is luring the best AI minds

In just the last month, Zuckerberg has poached leading OpenAI scientist Lucas Beyer, who co-created the vision transformer; Ruoming Pang, who led Apple Inc.'s efforts at building AI models

Singapore's top students fight for elite college club spots amid job crunch

As hiring gets tighter, the number of graduates from popular business and administration courses has climbed for most of the past decade

Indian IPOs set to raise up to $18 billion in second-half surge: Jefferies

The surge in offerings puts India's primary market on course to extend a blockbuster 2024, when companies raised $21 billion through first-time share sales

Trump appoints transport secretary Sean Duffy as interim Nasa chief

Duffy's appointment comes less than two months after Trump unexpectedly pulled the nomination of his original choice for Nasa administrator, SpaceX astronaut and billionaire Jared Isaacman