Page 321 - Reuters

China's factory, service sects skid for 5th month as stimulus calls grow

Authorities last week also launched the country's most aggressive stimulus package since the COVID-19 pandemic

India, US may sign pact on critical minerals to bolster trade ties

The initial pact on critical minerals would help build supply chains, exchange technical know-how, and promote collaboration between Indian and American businesses in the sector

Gold hovers below record high, set for best quarter in eight years

Spot gold fell 0.2% to $2,653.00 per ounce, as of 0817 GMT, as traders locked in profits following last week's rally. U.S. gold futures rose 0.2% to $2,674.40

Foreign investors to step up Indian bond purchases in H2 as rate cuts close

Foreign funds bought debt worth 718 billion rupees in the first half of fiscal 2025, according to clearing house data, and investors expect purchases to jump by up to 40% in the second half

Over 2 million customers without power in US southeast from Helene

Georgia Power meanwhile restored power to over 740,000 customers following Hurricane Helene, it said in its storm update on Sunday

Aston Martin warns of lower annual core profit on supply chain, China woes

An increasing number of cars were taking longer to complete and deliveries were getting delayed, it added

UK economy grew more slowly than thought but outlook is improving

Prime Minister Keir Starmer, whose Labour Party won power in July, is seeking to speed up economic growth

Intensifying Typhoon Krathon forecast to hit Taiwan's populated west coast

The typhoon is expected to further intensify into the equivalent of a Category 4 hurricane, packing powerful winds

Russia's Dy PM Novak sees oil price stability despite Mideast turmoil

Novak, who also oversees the broader Russian economy, said the sanctions-hit economy will sustain any pressure

Three Palestinian leaders killed in Israel strike in Beirut, confirms PFLP

Israel on Sunday launched airstrikes against the Houthi militia in Yemen

Painful policy choices loom after China's monumental consumer stimulus plan

China's household spending is less than 40 per cent of annual economic output, some 20 percentage points below the global average

Japan's incoming PM Ishiba calls election for Oct 27, aims to unify party

Ishiba began picking government and party officials who will contest the upcoming general election with him

ByteDance plans new AI model trained with chips from Huawei Technologies

The new model's capability and complexity, measured by its computing parameters, will be less powerful than ByteDance's existing AI model Doubao, one of the people said

Fed's Powell set to speak as economists fret about a policy mistake

Powell is scheduled to address the association at 12:55 p.m

BYD recalling 97,000 top-selling EVs on steering component fault: Regulator

Dolphin and Yuan Plus were BYD's two top-selling models in 2023, which in total accounted for 26% of its 3 million cars sold in the year

US East Coast, Gulf of Mexico port strike set to start Tuesday, says union

If union members walk off the job at ports stretching from Maine to Texas, it would be the first coast-wide ILA strike since 1977, affecting ports that handle about half the nation's ocean shipping

Asian shares hold steady amid China stimulus, Japan rate fears hit Nikkei

The week is packed with major US economic data including a payrolls report that could decide whether the Federal Reserve delivers another outsized rate cut in November

Cloudflare denies hosting sites linked to data leak at India's Star Health

Star also sued Telegram and hacker xenZen, after it was reported that sensitive personal data, from numbers to copies of identity cards and blood reports of customers, were publicly accessible

Why India's easing of export curbs is important to global rice trade

India's exports were bigger than the combined shipments of the world's next four biggest exporters: Thailand, Vietnam, Pakistan and the United States

Centre to probe fire at Tata plant making components for iPhones in TN

The factory is unlikely to receive state permission to resume production by Monday