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Utilities' Sept coal imports at 7 yr-low despite call to boost shipments

Nearly three-fifths of India's coal-fired capacities currently have coal inventories that would last three days or less, federal power ministry data shows.

Morgan Stanley downgrades Indian equities over expensive valuations

Morgan Stanley's downgrade follows similar moves by Nomura and UBS

Oil plunges to 2-week low on US inventory shock, rise in Covid-19 cases

Brent crude dropped 94 cents, or 1.1%, to $83.64 a barrel by 0655 GMT

BOJ projects low inflation for years, signals delay in stimulus withdrawal

The Japanese central bank also slashed this year's economic growth forecast on sluggish consumption and the hit to factory output from supply disruptions caused by the COVID-19 pandemic

Sony ekes out 1% second quarter profit rise as PS5 costs squeeze margins

Sony said it has sold a cumulative 13.4 million units PS5 units since launch last November.

Tesla EV sales boom in Singapore, pushing rivals' models off the streets

This week, Tesla surpassed $1 trillion in market value, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co and General Motors.

India September crude imports hit 5-mth high as business activity picks up

"Indian refiners see crude demand roaring back as driving picks up and on expectations for a strong return of international travel in November.

India's gold demand could jump in Q4 on festivals, pent-up purchases: WGC

Demand for the precious metal usually spikes towards the end of the year in India, as buying gold for weddings and major festivals such as Diwali and Dussehra is considered auspicious.

Gold demand fell in the third quarter as big investors sold, says WGC

However, demand from jewellers and central banks was solid

Microsoft Corporation nearly overtakes Apple as most valuable company

Apple's stock market value overtook Microsoft's in 2010 as the iPhone made it the world's premier consumer technology company.

Central bank moves, supply shocks among risks to world economy: Poll

Central banks reducing emergency stimulus and further supply chain disruption are among the top risks next year

Component shortages to affect some chip demand in current quarter: Samsung

The world's top maker of memory chips posted a 28% jump in operating profit in the July-September quarter to 15.8 trillion

Cyclicals drag S&P 500 lower; Microsoft, Alphabet keep Nasdaq flat

Dow down 0.74%, S&P 500 down 0.51%, Nasdaq unchanged

EBay revenue outlook disappoints as pandemic-led boom fades

The company reported a 5% decline in the number of active buyers on its marketplace in the third quarter

Facebook asks employees to preserve internal documents for legal inquiries

The increased scrutiny comes after Frances Haugen leaked documents which she said showed the company chose profit over user safety

Ford Motor posts stronger-than-expected profit, raises full-year forecast

Ford's net income was $1.8 billion, down from $2.4 billion a year earlier

Oil prices drop more than 1% as US crude stockpiles rise sharply

Brent oil futures ended down $1.82, or 2.1%, to $84.58 a barrel, after closing at a seven-year high on Tuesday

FTC scrutinising Facebook over its internal research documents

Lawmakers want agency to determine if the company engaged in deceptive conduct

UK set for best economic growth since 1973, says Rishi Sunak

The UK government confirmed it will tax the country's largest property firms to help replace unsafe cladding in apartments that's left thousands of people in potentially dangerous homes

Saudi Arabia to provide $4.2-billion support package to Pakistan

The Saudi money will help Pakistan shore up its foreign reserves, which have been shrinking.