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China's factory, service sects skid for 5th month as stimulus calls grow

Authorities last week also launched the country's most aggressive stimulus package since the COVID-19 pandemic

Foreign investors to step up Indian bond purchases in H2 as rate cuts close

Foreign funds bought debt worth 718 billion rupees in the first half of fiscal 2025, according to clearing house data, and investors expect purchases to jump by up to 40% in the second half

Three Palestinian leaders killed in Israel strike in Beirut, confirms PFLP

Israel on Sunday launched airstrikes against the Houthi militia in Yemen

Japan's incoming PM Ishiba calls election for Oct 27, aims to unify party

Ishiba began picking government and party officials who will contest the upcoming general election with him

ByteDance plans new AI model trained with chips from Huawei Technologies

The new model's capability and complexity, measured by its computing parameters, will be less powerful than ByteDance's existing AI model Doubao, one of the people said

Fed's Powell set to speak as economists fret about a policy mistake

Powell is scheduled to address the association at 12:55 p.m

BYD recalling 97,000 top-selling EVs on steering component fault: Regulator

Dolphin and Yuan Plus were BYD's two top-selling models in 2023, which in total accounted for 26% of its 3 million cars sold in the year

US East Coast, Gulf of Mexico port strike set to start Tuesday, says union

If union members walk off the job at ports stretching from Maine to Texas, it would be the first coast-wide ILA strike since 1977, affecting ports that handle about half the nation's ocean shipping

Asian shares hold steady amid China stimulus, Japan rate fears hit Nikkei

The week is packed with major US economic data including a payrolls report that could decide whether the Federal Reserve delivers another outsized rate cut in November

Cloudflare denies hosting sites linked to data leak at India's Star Health

Star also sued Telegram and hacker xenZen, after it was reported that sensitive personal data, from numbers to copies of identity cards and blood reports of customers, were publicly accessible

Why India's easing of export curbs is important to global rice trade

India's exports were bigger than the combined shipments of the world's next four biggest exporters: Thailand, Vietnam, Pakistan and the United States

Centre to probe fire at Tata plant making components for iPhones in TN

The factory is unlikely to receive state permission to resume production by Monday

Online sellers on Walmart's Flipkart sue CCI over antitrust probe

Three of Flipkart sellers- CIGFIL Retail, Wishery Online, Xonique Ventures- in their lawsuits argue that during the investigation they were called to submit data to help officials, but were framed

India seeks 6K MW of peak renewable power supply with storage

India is looking to connect a record 35 gigawatts (GW) of solar and wind energy capacity to its grid

Mexico's Pemex ships first fuel export from new Olmeca refinery to India

The exports offer an important milestone in efforts to start-up Olmeca, but fall short of government promises

Centre reduces export duty on parboiled rice to 10% from 20%: Govt order

India had imposed a 20% duty on parboiled rice exports in 2023 after its crop was affected by below-normal rainfall

Forex reserves advance for 6th week to hit record high of $692.3 billion

The reserves rose by $2.84 billion in the reporting week, after having risen by a total of $19.3 billion in the prior five weeks

SGX to disclose trader positions for iron ore, rubber, freight from Oct 2

In March, Reuters reported on the exchange's plan to bolster transparency as more traders from outside Asia participate in the market

SP Group plans new $253.5 mn bond sale, seeks more time to repay some dues

The company is in talks with Deutshe Bank for this new 21.2 billion rupees debt raise and the final amount could be higher, at around 24 billion rupees

India to not buy from Russia's sanctioned LNG 2 project, says oil secy

The Arctic LNG 2 project by Russia's Novatek is subject to Western sanctions over Russia's war with Ukraine