 "Reuters")
Reuters
Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
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Rising chip prices fuel Samsung's best quarterly profit in three years
Samsung Electronics Co Ltd on Friday flagged a 28% jump in its third-quarter operating profit to the highest in three years
 "Rising chip prices fuel Samsung's best quarterly profit in three years")
Journalists who took on Putin and Duterte win 2021 Nobel Peace Prize
Maria Ressa and Dmitry Muratov were given the award 'for their courageous fight for freedom of expression in the Philippines and Russia', says Chairwoman of the Norwegian Nobel Committee
 "Journalists who took on Putin and Duterte win 2021 Nobel Peace Prize")
Evergrande creditors fear imminent default as advisers call for clarity
Evergrande shares have been suspended since it requested a trading halt on Monday pending a major transaction announcement.
 "Evergrande creditors fear imminent default as advisers call for clarity")
Evergrande bondholders to mull options as woes hit China property bonds
Evergrande has already missed coupon payments on dollar bonds twice last month
 "Evergrande bondholders to mull options as woes hit China property bonds")
Jharkhand, Bihar, Rajasthan suffer most power cuts as coal stocks shrink
Energy supplies are under strain globally as prices surge and demand and supply chains are strained by the recovery of consumption
 "Jharkhand, Bihar, Rajasthan suffer most power cuts as coal stocks shrink")
India's central bank keeps rates on hold to support economic recovery
RBI's key lending rate or the repo rate was held steady at 4% while the reverse repo rate or the borrowing rate also stayed unchanged at 3.35%
 "India's central bank keeps rates on hold to support economic recovery")
Chinese property bonds, shares slump as Evergrande angst spreads
Bonds and shares issued by Chinese developers slumped as onshore markets returned from a week-long holiday with few clues as to how regulators propose to contain contagion from Evergrande's problems
 "Chinese property bonds, shares slump as Evergrande angst spreads")
India's regulator asks local exchange not to launch new rapeseed contract
India's market regulator on Friday directed the local National Commodity And Derivatives Exchange not to launch a new rapeseed contract until further orders
 "India's regulator asks local exchange not to launch new rapeseed contract")
Evergrande, others in China have sizeable off-balance sheet debt: JPMorgan
Evergrande and many of its major rivals have billions of dollars worth of off-balance sheet debt that, once added on, ramp up their leverage ratios, according to JPMorgan
Oil climbs on switch from gas and doubts over US releasing reserves
Analysts said the surge in gas prices and the extent of fuel switching from gas to oil will be the key factor to watch now
 "Oil climbs on switch from gas and doubts over US releasing reserves")
Wall Street ends with solid gains; investors hail US debt-ceiling truce
The Dow Jones Industrial Average rose 1% to end at 34,760.34 points, while the S&P 500 gained 0.83% to 4,399.82
 "Wall Street ends with solid gains; investors hail US debt-ceiling truce")
'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships
Aim is to bypass log-jammed ports and secure scarce ship space at a time when Covid-19, as well as US-China trade ructions, equipment shortages have exposed fragility of globe-spanning supply lines
 "'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships")
Tanzania's Gurnah, novelist of colonialism and refuge, wins 2021 Nobel
He got the award 'for his uncompromising and compassionate penetration of the effects of colonialism', says Swedish Academy
 "Tanzania's Gurnah, novelist of colonialism and refuge, wins 2021 Nobel")
World food prices rise for 2nd consecutive month, hit 10-year peak: FAO
FAO's food price index, which tracks international prices of the most globally traded food commodities, averaged 130.0 points last month, the highest reading since September 2011
 "World food prices rise for 2nd consecutive month, hit 10-year peak: FAO")
US Senate Democrats, Republicans reach deal on $480-bn debt limit increase
Senate leaders have reached agreement on a deal that staves off any default on federal payments into December
 "US Senate Democrats, Republicans reach deal on $480-bn debt limit increase")
Oil prices ease as US mulls strategic reserve sales
Oil prices extended losses from the previous session on Thursday, as the United States said it was considering selling oil from its strategic reserves
 "Oil prices ease as US mulls strategic reserve sales")
US dollar holds near 14-month high to euro with focus on inflation
By Ritvik Carvalho
 "US dollar holds near 14-month high to euro with focus on inflation")
Bitcoin rises 7.1% to $55,163, adds $3,661.73 to its previous close
Bitcoin rose 7.11% to $55,162.92 at 20:01 GMT on Wednesday, adding $3,661.73 to its previous close.
 "Bitcoin rises 7.1% to $55,163, adds $3,661.73 to its previous close")
Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade
Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock
 "Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade")
'A coward's palace': Morrison slams social media amid defamation law row
Prime Minister Scott Morrison's comments suggest he would favour making companies like Facebook Inc (FB.O) liable for defamation with regards to some content posted by third parties
 "'A coward's palace': Morrison slams social media amid defamation law row")