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North Korea fires intercontinental ballistic missile, lands near Japan

Japanese Prime Minister Fumio Kishida said there had been no reports of damage but the North's repeated missile launches could not be tolerated.

Dollar gains, stocks slip after hawkish remarks from US Fed officials

US data showed unemployment benefits claims fell last week, indicating the labor market is still tight

Oil prices fall on worries of US rate hikes, China demand outlook

Brent crude fell $3.08 to settle at $89.78 a barrel, down 3.3%. U.S. West Texas Intermediate (WTI) crude slid $3.95, or 4.6%, to settle at $81.64 per barrel.

Elon Musk floats possibility of someone succeeding him at Tesla

Murdoch, who did not name the potential successor, was testifying in a trial over Musk's 2018 Tesla pay package

US Federal Reserve open to 50-bp hike at December policy meeting

"It is way too early to conclude that inflation is headed sustainably down," Christopher Waller, US Federal Reserve Governor

Britain is in recession, Hunt makes it official; windfall tax hiked to 35%

The tax burden would hit 37.1 per cent of GDP, its highest sustained level since World War Two

Bharti Telecom plans to tap bond market to raise Rs 7,000 crore

The telecom operator, which holds a stake in Bharti Airtel, plans to raise funds in three tranches and has invited bids from investors on Friday

Dollar bounces as US economy sends mixed signals; sterling slips

The euro was down 0.33% against the dollar at $1.036 at 1045 GMT, after hitting its highest level since July at $1.048 on Tuesday

Gold prices retreat as dollar steadies, focus stays on US Fed rate hikes

But gold could drift higher into year-end if the dollar remains weak overall and yields continue to drift lower

SoftBank sells 4.5% stake in Paytm for $200 million, says report

SoftBank's sale of 29.35 million shares at that price amounts to a total consideration of $200 million, according to Reuters calculations

US dollar gains as spending points to rate hikes; Aussie tumbles

U.S. data overnight showed October retail sales rose 1.3%, compared with economist expectations for 1.0%, a healthy signal but one that dented hopes for a pause in rate increases

Asian stocks mixed, dollar finds footing as traders assess Fed outlook

Renewed expectations the Fed will keep hiking rates have increased concerns about the economic outlook

Oil falls as geopolitical tensions ease, China Covid concerns return

Brent crude futures dropped by 62 cents, or 0.7%, to $92.24 a barrel by 0110 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 65 cents, or 0.8%, to $84.94 a barrel

Indian refiners wary of buying Russian oil after Dec 5 as EU sanctions loom

The Asian giants, who are two of the world's top three importers, had become Russia's biggest customers after the West shunned Russian oil after the outbreak of war in Ukraine

Global stocks slip, dollar steady as US retail sales tip Fed outlook

Global stocks slid from two-month highs and the safe-haven dollar steadied after stronger-than-expected US retail sales clouded the inflation outlook and hopes that the Federal Reserve

SpaceX mulling secondary share sale at $150 billion valuation: Report

The offering would be aimed at helping employees and shareholders cash out, two of the sources said

Chinese authorities call on retired soldiers to help Foxconn iPhone plant

The plant, the world's largest iPhone manufacturing facility, has been hit by discontent over government mandated measures to curb the spread of Covid-19

Russia bears responsibility, says Nato as missile strike kills 2 in Poland

The incident roiled financial markets early in the day amid fears that geopolitical tensions may flare up further

State Bank of India sees 14%-15% corporate credit growth in FY23: executive

'Sectors seeing a pickup range from telecom and power to roads, ports and airports, while lending to non-bank finance companies has also picked up strongly'

Oil falls as Russian shipments via Druzhba pipeline to Hungary restart

In China, rising Covid-19 cases weighed on sentiment after an easing of virus restrictions this week