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Bond bulls bet on RBI's dovish turn to extend rally amid policy shift

While interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the RBI's stance to neutral

FTSE Russell Index revamp has S Korean, Indian bond markets on watch

FTSE Russell will on Oct. 8 announce any inclusions into benchmarks including its World Government Bond Index, which tracks $29 trillion of global fixed income

Oil moguls emerge as key cash source for Donald Trump as race nears its end

Oil executives and employees have grown in significance for Trump as his fundraising base has narrowed

Singapore ends 181 years of horse racing to make way for new homes

More than 120 hectares to be bulldozed for new homes to accommodate the growing Singaporean population that crossed 6 mn this year

Hon Hai revenue growth rises as AI server demand offset weak iPhone sales

Hon Hai's sales growth could accelerate in 2024-25 as the proliferation of AI emerges as the company's key growth engine and iPhone demand stabilizes

JPMorgan client who lost $50 million fortune amid dementia denied trial

A federal judge in Boston threw out a lawsuit filed by Peter Doelger, 87, and his wife, Yoon, accusing the firm of keeping him in an inappropriate investment

US elections: Harris to shore up Arab American, union voters in Michigan

Her success in Michigan depends on running up vote totals in its major cities and immediate suburbs, especially in and around Detroit

US President Biden discourages Israel from attacking Iran's oil fields

Biden, addressing reporters at the White House, acknowledged that Israel would respond in some fashion, as Netanyahu vowed to do soon after Iran fired about 200 missiles

Temasek in talks to pick minority stake in Haldiram's at $11 bn valuation

The Singapore state investor is holding preliminary talks to buy from 10 per cent to 15 per cent in Haldiram's

World Food Price Index registers biggest increase since March 2022

An index of food-commodity prices created by the United Nations' Food and Agriculture Organization rose to the highest level since August last year, according to data released

Meta unveils AI tool that can generate, edit videos based on text prompts

Meta's product, Movie Gen, can create a new video up to 16 seconds long based on a text prompt. It can also use such prompts to generate audio for or edit an existing video

BofA expects India's forex reserves to reach $745 billion in March 2026

RBI Governor Shaktikanta Das has repeatedly stressed the need to build a forex buffer to act as a shield during periods of market volatility

India, EU regulators in negotiations as October deadline on oversight looms

The Reserve Bank of India denied European Securities and Markets Authority's request to co-supervise Indian transactions, citing concerns over "extra-territorial reach"

Iran's nuclear breakout nears, raising likelihood of Israeli strike

What hasn't changed in recent weeks is that Iran spent the last decade hardening its nuclear program against attack

Israel-Iran war would be a deadly, dangerous mess for Middle East

If Israel proceeds with air attacks, the Iranian response would be significant

Make in India needs a reset. It won't work unless we focus on exports

The trouble is that Indian manufacturers appear less and less interested in becoming export powerhouses

Antarctica's winter sea ice in 2024 was lowest ever, except for 2023

In the Antarctic, sea ice typically covers the largest expanse of ocean at some point in September

Israel strikes Hezbollah targets in Beirut as G-7 calls for restraint

The air strikes targeted weapons depots, command centers and intelligence operatives, according to the Israeli Defense Forces

US to spend $1.2 billion to restock arms after Iran, Houthi attacks

The largest chunk of projected Pentagon spending from a year's worth of Middle East operations is $300 million for unplanned depot maintenance

GQG Partners' Rajiv Jain unimpressed by China stock mania sweeping globe

The manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12 per cent