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OpenAI and chat app Kakao to jointly develop AI products for South Korea

OpenAI CEO Altman also said many Korean companies will be important contributors to the ecosystem of the US Stargate data centre project

StanChart appoints former South African bank CEO Ramos as new chair

Ramos, 65, joined StanChart's board as an independent non-executive director in January 2021 and was the head of South African bank ABSA Group Ltd from 2009 to 2019

PepsiCo forecasts weak annual profit as soda, snacks demand slows

Shares of the company fell 2% in premarket trading

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race

KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December

UK grocery inflation slows to 3.3% in January, sales rise 4.3%: Kantar

Supermarkets stepped up promotions in January, Tesco gains most market share in 12 weeks to Jan 26

Thermax Q3 results: Net profit falls 51% to Rs 116 cr, expenses up 8%

Revenue from its industrial products segment rose 5.6 per cent, while that from its division which sets up bio-CNG and power plants, rose 3 per cent

UBS beats profit forecast but shares fall as buyback plan fails to impress

Net profit of $770 million beats forecast of $483 million

Kajaria Ceramics Q3FY25 results: Net profit falls 25% to Rs 77.74 crore

The company's consolidated net profit dropped more than 25 per cent to Rs 77.74 crore (nearly $9 million) in the quarter, falling short of analysts' average estimate of Rs 106 crore

Tata Power Q3 results: Net profit rises 8.2% to Rs 1,031 cr, revenue up 5%

Revenue from operations rose 5.1% to Rs 15,391 crore

Rupee ends at 87.067 against dollar, US-China trade tensions in focus

The rupee ended at 87.0675 against the US dollar, against a record closing low of 87.1850 in the previous session, when it also fell to an all-time low of 87.28

Gold steady after record rally, investors cautious over Trump's tariffs

China imposed tariffs on US imports in a swift response to new US duties, escalating the trade war between the world's top two economies even as Trump offered reprieves to Mexico and Canada

RBI seen cutting rates for first time since May 2020, suggests poll

Over 70 per cent of respondents, 45 of 62, in a Jan. 22-30 Reuters poll forecast the RBI would cut its key repo rate by 25 basis points to 6.25 per cet at the conclusion of its Feb. 5-7 meeting

Mexico's Prez Sheinbaum wins early praise for handling Trump on tariffs

Some politicians and analysts commended Sheinbaum's measured public tone and apparent ability to blunt Trump's charge after she reached an agreement with the US president to pause tariffs for a month

Apple raises concerns over first porn app on iPhone under new EU rules

AltStore said Hot Tub was notarized by Apple and in a post on X described that move as making the app 'the world's 1st Apple-approved porn app,' raising Apple's ire

Investigators probe Washington DC plane crash wreckage and flight logs

The Washington DC fire department said on Sunday that officials had identified 55 of the 67 people killed in the collision

Trump's proposed tariffs come with inflation risks: Fed officials

Tariffs on China are set to begin on Tuesday, and Trump has signaled he will impose duties on other trading partners as well

Trump's proposed tariffs could mean higher costs for Canadian whisky in US

Brands like Don Julio tequila and Jack Daniel's whiskey from producers like Diageo and Brown-Forman would become more expensive for drinkers if importers hike prices to cover tariff costs

Trump pauses tariffs on Mexico and Canada for 30 days, but not China

Both Canadian PM Trudeau and Mexican President Sheinbaum said they had agreed to bolster border enforcement efforts in response to Trump's demand to crack down on immigration and drug smuggling

US demand surges as banks move gold from Asia to benefit from premium

But alarm about U.S. import tariffs planned by President Donald Trump has driven Comex futures prices substantially above spot prices in recent months, creating a lucrative arbitrage opportunity