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Asian stocks rise as oil prices fall, yen wobbles ahead of BOJ meet

Traders also took their cues from a rally on Wall Street overnight, led by beaten-down tech stocks

Oil falls 1%, remains above $100 on hopes of limited supply disruptions

Brent crude futures fell $1.01, or 1%, to $103.77 a barrel by 0020 GMT, while US West Texas ‌Intermediate futures fell $1.03, or 1%, to $100.88 a barrel

US Fed builds credibility, but hawkish turn leaves investors edgy

Higher rates stand to slow the economy, by raising borrowing costs for consumers and companies, and also could pose a headwind for the performance of stocks and other risk assets.

Canada and Europe should ally to protect markets, democracies: PM Carney

Carney did ‌not adopt the term "associate member" used a day earlier by von der Leyen, but ​said he appreciated "the ambition" that her suggestion conveyed.

Copper rallies as Chinese buyers return to market, demand outlook brightens

Copper gains as Chinese physical demand strengthens and a softer dollar makes dollar-priced metals cheaper

Energy disruption hits Bangladesh and Pakistan as Gulf crisis worsens

More than 2,000 km (1,200 miles) away on the other side of South Asia, in Pakistan, the government has started a fuel subsidy that went into effect on Wednesday to ease the sharp rise in fuel prices.

RBI may increase debt sales to drain surplus liquidity after 9 years

Indian bond traders expect the central bank to step up bond sales for liquidity absorption, as policymakers likely seek to strengthen transmission of expected rate hikes

Russia says new US sanctions would make Ukraine peace deal harder

Moscow called the sanctions package an "unfriendly" move after the US House passed legislation aimed at increasing economic pressure on Russia over its war in Ukraine

India's power sector coal imports hit 15-month high in Aug amid high demand

Power producers imported 5.52 million tonnes of coal during the month, up 85.6 per cent year-on-year, as heat-wave conditions and lower hydropower output lifted electricity demand

Advent to invest $328.5 million in Yatharth Hospital for 24.9% stake

After the investment, the founding ‌Tyagi family ​will remain ​Yatharth Hospital's largest shareholder

Applied Materials to invest $5 billion in India over next decade

Applied Materials, one of the world's largest semiconductor equipment makers, ​said its India investment will center on research, supply chain scale-up and workforce growth

Rupee may need to weaken further as fundamentals shift: Axis Bank

The Indian rupee may need to weaken further to align with shifting trade fundamentals and relatively weaker productivity gains from ​AI, according to an Axis Bank assessment

'Hopefully we are towards end' of Iran war, says Trump as conflict drags on

Trump is expected to meet leaders or foreign ministers from six Gulf Cooperation Council states in New York next week to discuss US postwar plans, Axios reported

Oil prices fall as Saudi crude cargoes ease fears of supply disruption

Brent crude fell 1.2 per cent to $104.59 a barrel, while WTI dropped 1.1 per cent to $101.29 as concerns over Middle East supply eased

India cuts windfall tax on export of petrol, diesel, and aviation fuel

Export duty on diesel has been reduced to ₹20 per litre from ₹25, while levies on petrol have been cut to ₹0.5 from ₹1.5 per litre, respectively

European Commission Prez wants Canada to become EU's first associate member

European Union lawmakers gave a standing ovation after she made the proposal and then walked over to embrace Canada's Prime Minister Mark Carney,

US Federal Reserve raises interest rate by 25 bps to 3.75-4% range

It's the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would cut rates

Microsoft AI chief says Claude training risks making AI harder to control

Suleyman called ​for removing all speculation ​about consciousness from AI training documents, arguing such language could undermine humanity's ability ​to control superintelligent systems.

India considers cutting vegetable oil import taxes as prices climb

Prices ​of vegetable oils in India ​have climbed by nearly 20% over the last year and a measure that would ​lower their prices may increase consumption as households mark festivals from Sept to Nov

US stock market: Nasdaq, S&P 500 climb ahead of keenly awaited Fed decision

The rate move will be crucial to investor sentiment at a ‌time when elevated Treasury yields, inflation and the escalating Middle ​East conflict have kept risk appetite in check