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Japan's megabanks flushed with cash; look at India, US for fresh deals

All of the companies have more cash on their balance sheets than their target common equity tier 1 ratios and have plans to reduce their strategic holdings over the next several years

A call for transparency: Why India must not let its GDP data turn Chinese

India's GDP data faces growing scrutiny over transparency and reliability. To regain trust and ensure accuracy, a reform in statistical methods is critical to avoid pitfalls seen in China's approach

Adani seeks new lifeline for troubled power plant amid B'desh pay backlog

The Adani plant, which accounts for about a 10th of Bangladesh's power consumption, has already racked up as much as $790 million of dues as of the end of September

Xiaomi shows off YU7 SUV for summer in big EV expansion, to take on Tesla

An SUV would mark a big expansion of Xiaomi's $10 billion EV endeavor, spearheaded personally by Lei

Investors urge RBI to let state govt debt be sold as zero-coupon bonds

Allowing state notes to be turned into so-called strip bonds would give investors an extra spread of 30-to-40 basis points over comparable federal securities, one of the people said

China, Hong Kong stocks surge at open on Beijing's stimulus promise

Authorities will also step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption

OpenAI rolls out text-to-video tool Sora for ChatGPT Plus and Pro users

The new version of the tool will be able to churn out videos up to 20 seconds in length and offer multiple variations of those clips

Huawei suppliers likely to face further US limits under defence bill

The provision is likely to become law given its inclusion in the bill, which is considered must-pass before Congress adjourns for the year

Simpler stuff now automated, startups tap experts for training AI models

Over the years, as AI has improved, much of the simpler stuff is now automated. Demand has shifted to recruiting specialists and paying higher salaries and rates

Murdoch loses fight to change family trust, hand sole control to eldest son

The case weighed heavily on the future of some of the highest-profile media properties in the world

Motilal Oswal midcap fund climbs 63% in year; adds jewellery makers' stocks

Chief Investment Officer Niket Shah said he's adding shares of companies that offer lower priced non-essential goods, such as jewelry and apparel, on expectations of increased spending

President-elect Trump wants Truth Social deal lawsuit to be put on hold

Trump has sought to have criminal cases against him thrown out in the wake of the Supreme Court's ruling in July that former presidents are immune for some official actions taken while in office

Reliance Industries seeks up to $3 bn loan to refinance debt due in 2025

About half a dozen banks are in discussions with the Indian conglomerate for the loan, which would be syndicated to wider market in the first quarter of 2025

European Union on collision course with Trump on Big Tech crackdown

The most immediate dilemma for the EU may be how to approach the X platform

China's solar equipment industry looks to Opec for guide to survival

The accord comes as China's solar industry contends with overcapacity, heightened geopolitical tensions and slowing demand

Pressure mounts on French President Macron to name a new prime minister

Sense of urgency comes days after Marine Le Pen's far-right National Rally joined a left-wing coalition to topple the government, leaving France's political system in disarray

Donald Trump's EV skepticism threatens $54 billion in Korean investments

Trump has long criticised President Joe Biden's efforts to subsidize EVs through his landmark energy bill

PM Keir Starmer plans reform of UK state in bid to counter criticism

Starmer's reset moment, including six 'milestones' designed to be tools to measure the government's progress, instead triggered more disquiet and confusion about his strategy

'Disease X' outbreak spreads more as UN sends health team to Congo

Outbreak is centered in a remote rural area of Kwango province, where poor road conditions and heavy rains mean it takes nearly 48 hours to reach from Kinshasa

Syria crisis: Assad's fall has world watching for more Middle East chaos

The world is still grasping the speed of events in recent days, and the collapse of a ruling dynasty that laid waste to the country during a catastrophic civil war