Page 335 - Reuters%20/t%20_blank%20

Asian shares reach one-month high amid hopes for Fed rate cuts this week

US stock futures similarly rose, with S&P 500 futures last up 0.02 per cent while Nasdaq futures advanced 0.12 per cent

China plans to increase $406 bn social security fund to aid ageing society

Fund, which was established in 2000, is 'strategic reserve fund for social security needs during the peak period of population aging and the ballast of my country's social security system,' Ding said

US oil, gas M&A activity rose 57% in 2023 as industry consolidated: Report

The jump in spending on dealmaking and expanding reserves marks a shift in strategy following a years-long focus on shareholder returns over growth, which many firms had employed

Edgar Bronfman submits roughly $4.3 bn rival bid for Paramount Global

Skydance Media and its deal partners reached an agreement last month to acquire Paramount in a complicated transaction, in which it would buy out the Redstone family's controlling stake in Paramount

China leaves key lending benchmarks unchanged, in line with expectations

China surprised markets by cutting major short- and long-term interest rates in July, its first such broad move in almost a year, signalling policymakers' intent to strengthen economic growth

B'desh's Summit reviews cross-border power deals after India changes rule

India amended its power export rules less than a week after Prime Minister Sheikh Hasina fled Bangladesh

May end EV tax credit, open to naming Elon Musk as adviser: Donald Trump

Trump also said on Monday he would take steps to discourage exports of vehicles produced by the Detroit Three automakers and others from Mexico for US consumers by imposing new tariffs

Harris urges Democrats to 'fight for ideals' in surprise DNC appearance

Harris is riding a historic whirlwind into convention: her campaign has broken records for fundraising, packed arenas with supporters, turned opinion polls in some battleground states in favour

Palo Alto forecasts earnings above estimates on cybersecurity demand

Beginning this quarter, the company will give next-generation security annual recurring revenue as the key financial metric for revenue projections both quarterly and annually, CFO Dipak Golechha said

Rupee expected to underperform regional peers amid dollar's slide

The upbeat risk mood has been another factor cited for the slump in the safe haven dollar

Indian govt bond yields steady, RBI warns of cautious policy on inflation

The benchmark 10-year yield is likely to move between 6.85 per cent and 6.88 per cent

Biden to urge Democrats to unite behind VP Harris on day one of DNC

Having served as vice president to first Black US president, Barack Obama, Biden bowed out of race to allow his own second-in-command to make history as the first woman, a Black and Asian American

Dollar hits seven-month low on rate cut bets, Powell speech in focus

Investors largely expect Powell to acknowledge the case for a rate cut and will parse his words for cues

Canada tells rail companies, union to work harder to avert stoppage

CN Rail and CPKC have already stopped accepting shipments of hazardous goods and have begun phased shutdowns

Trump pledges to put an end to pollution rule, Nippon-US steel merger

He did not elaborate on how he would accomplish that goal beyond advocating broad measures

Oil prices falls 2% on Gaza ceasefire talks, weak Chinese economy

US Secretary of State Antony Blinken on Monday said the latest diplomatic push by Washington to achieve a ceasefire deal in Gaza was "probably the best, maybe the last opportunity"

Indian port workers to go on strike to demand better wages, benefits

Around 20,000 workers are part of the group of port workers' unions, and all of them would join the strike, said Sathya Narayanan, a senior union member

Ukraine hits third bridge in assault on Kursk region, claims Russia

Ukraine says it has seized over 80 settlements in an area covering more than 1,150 square km (444 square miles) of Kursk since its surprise strike on the Russian region

US Secretary Blinken warns Israel, Hamas of last chance to end Gaza war

The talks in Qatar last week paused without a breakthrough, but the negotiations are to resume this week based on a US "bridging proposal".

Mining companies' operating costs could surge after SC ruling, says Fitch

India's top court late last month upheld the right for state governments to levy taxes on minerals extraction and last week allowed them to do so retrospectively