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Like pop star, Nvidia's CEO Huang stirs up 'Jensanity' wave in Taiwan

Jensanity, as some Taiwanese have taken to calling his sky-high popularity, has taken over the island

BlackRock, Citadel Sec-backed group to start new stock exchange in Texas

The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year

India plans new shipping firm to expand fleet by 1,000 ships in next decade

Indian companies paid freight costs of $85 billion in the financial year 2019/20, of which $75 billion was paid for use of foreign vessels

Chinese AI chip firms downgrading designs to secure TSMC production

Two top Chinese AI chip firms, MetaX and Enflame, submitted downgraded designs of their chips to TSMC in late 2023 to comply with US restrictions

McDonald's can't use term 'Big Mac' for poultry products rules Europe court

The ruling can be appealed to the Court of Justice of the European Union, Europe's highest

Govt bonds still a 'buy' for foreign investors despite PM Modi's narrow win

Foreign investors have piled on bonds this year and remained on the buying side on Tuesday, despite the unexpected election outcome hitting stocks

RBI expected to hold rates on Friday as economic growth stays robust

The MPC last changed rates in February 2023, when the policy rate was hiked to 6.5%

India aviation industry losses to widen to $400-600 mn in FY25: CAPA India

Despite infrastructure limitations, India is currently the world's fastest-growing aviation market with demand surpassing the supply of jets

'Modi premium' in financial markets set to erode post weak victory

India's stock market weathered its heaviest selling since the onset of the pandemic as the votes were tallied

PM Modi's weaker mandate to slow India's fiscal tightening, says Moody's

India's benchmark 10-year bond yield saw its biggest surge in eight months following the poll outcome

Early Tesla bulls giving up on stock, as doubt on future growth loom

The company's shares are down nearly 30 per cent this year and have fallen by more than 50 per cent since their 2021 high

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall

The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services

May services growth cools to five-month low of 60.2 from April's 60.8: PMI

The final HSBC India Services purchasing managers' index, compiled by S&P Global, fell to 60.2 last month from April's 60.8, confounding a preliminary reading for a rise to 61.4

Govt bond yields little changed, market jittery post election verdict

The yield saw its biggest single-session climb since Oct. 6 on Tuesday

Ex-Meta engineer sues company, says was fired over handling of Gaza content

Palestinian-American engineer who had been on Meta's machine learning team since 2021, sued the social media giant in a California state court for discrimination and wrongful termination

Rupee to rely on RBI's help amid foreign outflows post PM Modi's narrow win

Non-deliverable forwards indicate the rupee will open largely unchanged from 83.53 in the previous session

US House lawmakers seek antitrust probe of OPEC, other oil companies

Major oil producers appear to be colluding with each other and foreign cartelsto keep prices high, padding their profits at the expense of American consumers, lawmakers said

Asian stocks rise, dollar steady on rate-cut wagers, spotlight on India

Investor worries of a cooling US economy, however, kept a lid on risk appetite, while the focus in Asia is on how Indian markets fare after stocks sank and the rupee slid

Foreign outflows from markets hit record after weaker Modi mandate

This was the worst session since March 2020 for both the blue-chip indexes

Cyberattack targeted brands, celebrity accounts including CNN, says TikTok

TikTok said that the number of accounts compromised is "very small" and it is working with affected account owners to restore access if needed