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10-year bond yield may fall to 6.6% if RBI eases in Feb: ICICI's Prasanna

Prasanna expects a shallow monetary easing cycle of 50 basis points, with a 25-basis-point reduction in February, and a similar one in April or June

Inditex Q3 sales and profit miss estimates; shares drop 5% amid challenges

Inditex reported revenues up 9 per cent in currency-adjusted terms in the six weeks to Dec. 9, which includes key Black Friday sales, slower sales growth than the 14 per cent reported a year ago

Oil prices up on China's monetary policy shift, demand expectations

Chinese crude imports grew annually for the first time in seven months in November, up more than 14 per cent from a year earlier

Chinese authorities may consider a weaker yuan as Trump trade risks loom

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China

Toll rises to 6 from Russian strike on Ukraine's Zaporizhzhia: Official

Ukraine's State Emergency Service of Ukraine said its rescuers were able to pull out two women overnight from underneath the ruins of the building

Verdict on Swiss handling of Credit Suisse meltdown to set tone for UBS

Swiss parliament formed a committee in June last year to probe the official response to the 167-year-old bank's demise

Bank of England set to stay in central bank slow lane, keep rates on hold

BoE has cut Bank Rate only twice from a 16-year peak, helping to make sterling the only currency from the Group of 10 leading economies that has not fallen against the US dollar in 2024

MobiKwik's $67 mn IPO fully sold in first hour as retail investors rush in

Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold

TikTok's Canada unit seeks judicial review of govt's shutdown orders

Chinese-owned social media app requested the court set aside a government order requiring TikTok to wind-up its business in Canada, a filing dated Dec 5 showed

China says it takes 'necessary steps' to defend sovereignty over Taiwan

A senior Taiwanese official said they believed the surge in activity was meant to send a political message to the incoming administration of US President-elect Donald Trump

German Chancellor Scholz to submit Parl request to hold confidence vote

Scholz has agreed with the opposition to hold the vote on Feb 23, setting Germany up for a short and wintry election campaign

Industrial facility, cars damaged in attack on Russia's Taganrog: Official

Slyusar said 14 cars had caught fire, but he did not disclose details on what else was hit or how big the attack was

Refugees return to Syria as rebels appoint caretaker prime minister

In a brief address on state television on Tuesday, Mohammed al-Bashir, a figure little known across most of Syria, said he would lead the interim authority until March 1

Myanmar's economy likely to shrink as floods compound crisis: World Bank

In June, the bank had projected Myanmar's economy would grow 1 per cent during the current fiscal year, which ends in March 2025, but warned of increasing poverty and escalating violence

Rupee likely to maintain downward drift, RBI counted on to cap losses

The one-month non-deliverable forward indicated that the rupee may open near 84.88

Donald Trump picks CIA veteran Ron Johnson as US ambassador to Mexico

Ronald Johnson served as the ambassador to El Salvador from 2019 to 2021

Google's biggest bet is AI for search, says investment chief Ruth Porat

Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, CIO Ruth Porat said

Review of Nippon partnership ongoing as US Steel shares tumble, says US

statement comes after shares of US Steel tumbled more than 10 per cent on Tuesday afternoon following a Bloomberg report suggesting the deal would be killed in short order

BlackRock sees investor shift from cash after even 'modest' rate cuts

Expectations earlier this year that the US central bank would cut interest rates aggressively after hiking them to fight inflation have moderated in recent months

Ghost guns: All about weapon found with UnitedHealth CEO's murder suspect

Ghost guns have no serial numbers. Owners of such guns, by making them themselves, can bypass background checks and regulations