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South Korea's Prez pledges urgent reform of $830 bn public pension fund

Yoon said there had been a loss of confidence in the pension system across generations

Govt bond yields steady, benchmark holds above 6.85% as traders await data

Fed Chair Jerome Powell had last week delivered his strongest signal that interest rates will come down in September

US, Chinese officials to conclude talks on Taiwan, military communication

Sullivan is expected to press for enhanced working-level military to military communications

EU new car sales flat in July as battery EVs lose market share, says ACEA

Improvements in the Belgian, Dutch and French electric-vehicle (EV) markets failed to offset a drop of almost 37 per cent in sales

Nations building their own AI models add to Nvidia's rising chip demand

Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue

Asian shares track Wall Street futures lower as Nvidia's results disappoint

Investors now await US weekly jobless claims, which have gained prominence

Nvidia's quarterly forecast fails to impress investors, shares fall

The revenue and gross margin forecast for the current quarter were not far from analysts' expectations

Mexico to debate judicial reform next week amid ongoing diplomatic tensions

Canada's government said that it respects Mexico's sovereignty but that investors have expressed concern over the reform

South Korean lithium battery maker CEO arrested over deadly fire incident

Park Soon-kwan, the CEO of Aricell, which is majority owned by S-Connect, apologised after the fire

Qantas announces $271 mn share buyback plan despite annual profit dip

Qantas expects its fuel costs in the first half of fiscal 2025 to be in line with the year-ago level at $2.7 billion

CrowdStrike cuts profit forecasts as Windows outage weighs on new deals

Analysts expected the reputational hit could hurt CrowdStrike's dominant position

Foreign lenders lured by stake sales in Indian banks, face tighter rules

Banking sector deals in India, especially those involving foreign entities, are rare

HP predicts lower profit due to weak PC market, rising competition

The company expects commercial PC momentum to continue, while seeing a slower recovery in the print market

India likely to plan raising vegetable oils import taxes, govt sources say

A proposal has been made by the farm ministry and a final decision will be made by the Department of Revenue, which falls under the finance ministry, said another government official

SBI to focus on neglected, small-ticket deposits to boost liquidity: MD

The lender will focus on accounts under a government scheme called 'Jan Dhan', or people's wealth, that provides access to various financial services to low income groups, Tewari said

Gold pressured by stronger dollar, with Nvidia, US inflation data in focus

Markets are focused on the looming U.S. personal consumption expenditure (PCE) data, the Fed's preferred measure of inflation, due on Friday

National Bank of Canada's profit rises on wealth management, strong markets

National Bank of Canada's upbeat results come in contrast to rival Bank of Montreal, which reported a drop in quarterly adjusted profit on higher loan loss provisions

Adani Enterprises' debut public bond sale may see strong demand: Bankers

The issue, which would be India's second-biggest for the current financial year, will open for subscription on Sept 4 with closing scheduled for Sept 17, according to an exchange filing

GRM Overseas buys stake in Rage Coffee in push into new-age brands

The company becomes the largest shareholder in three-year-old Rage Coffee's parent, whose investors include Sixth Sense Ventures, and prominent figures such as cricketer Virat Kohli

Protesters block rail lines, halt buses after Kolkata doctor's rape, murder

Thousands of doctors, many of them on strike since the Aug. 9 crime was discovered, marched in the state's capital of Kolkata, demanding justice for the victim and better workplace safety