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Fed's Jerome Powell may have made US monetary policy boring again

For all potential controversy around the Fed posed by Donald Trump's victory in the Nov. 5 election - hints, for example, that the U.S. president-elect might rekindle his first-term feud with Powell

Bangladesh halves power buying from Adani Power amid payment dispute

An Adani Power spokesperson said the firm was continuing supply to Bangladesh, although mounting dues were a significant concern, making plant operations unsustainable

Gold prices drop 1% after four sessions of gains as US dollar strengthens

The dollar index gained 0.5 per cent, on track for its best day in over a week, making greenback-priced bullion more expensive for holders of other currencies

RBI ballooning NDF position suggests more rupee losses, say bankers

The Reserve Bank of India's aggregate short foreign currency in forwards and futures position jumped three-fold to $49.2 billion from September to October, official data showed on Friday

No indication of B'desh reviewing power deal: Adani Power amid indictment

Reuters reported on Sunday that Bangladesh wants to sharply lower prices under the deal with Adani Group, unless it is cancelled by a court that has called for an investigation into the 25-year deal

Latest US crackdown on China's chips hits semiconductor toolmakers

Effort to hobble Beijing's chipmaking ambitions will also hit Chinese chip toolmakers Piotech and SiCarrier Technology with new export restrictions as part of the package

Workers of nine Volkswagen plants to strike as labour battle escalates

Labour union last week proposed measures it said would save 1.5 billion euros ($1.6 billion), including forgoing bonuses for 2025 and 2026, which Europe's top carmaker dismissed

UN calls for $2.6 trillion investment to reverse land degradation by 2030

To hit $2.6 trillion - approaching the annual economic output of France - the world needs to close an annual gap of $278 billion, after just $66 billion was invested in 2022, the UN said

MAS fines JPMorgan $1.8 mn over misconduct by relationship managers

MAS said in a statement that JPMorgan Chase did not have adequate processes and controls to ensure that relationship managers adhered to pre-agreed spreads with clients

Russia's drone attack on Ternopil kills one, says Ukraine's military

Ternopil and its surrounding region were under air raid alerts for a couple of hours starting soon after midnight on Monday, according to data provided by Ukraine's air force

Around 25 killed as Russia, Syria intensify bombing Syrian rebel territory

Ten children were among the dead in the air strikes in and around Idlib and other targets in rebel-held territory near Aleppo, according to the White Helmets

Joe Biden begins long-awaited Africa trip to secure win against China

At stake are vast supplies of minerals like copper and cobalt, which are found in Congo and are a key component of batteries and other electronics, and China is the top player in Congo as of now

Home prices in India to rise 6.5% in 2025 due to demand from wealthy: Poll

After rising 4.3 per cent last year, home prices in India - broadly referring to housing in major cities - were expected to rise 7.0 per cent this year, 6.5 per cent in 2025 and 7.5 per cent in 2026

Outgoing President Biden pardons son Hunter despite previous pledges not to

The White House had said repeatedly that Biden would not pardon or commute sentences for Hunter, a recovering drug addict who became a target of Republicans, including President-elect Donald Trump

Bangladesh wants to renegotiate Adani Power deal unless court cancels

The deal was signed in 2017 by Adani and a government entity under Prime Minister Sheikh Hasina, who was ousted this year amid a popular uprising and accusations of widespread corruption

Volkswagen workers to go on warning strikes at plants across Germany

"If necessary, this will be the toughest collective bargaining battle Volkswagen has ever seen," IG Metall negotiator Thorsten Groeger said in a statement

Battle over curbing plastic output jeopardises hopes of UN treaty

The fifth and final U.N. Intergovernmental Negotiating Committee meeting to yield a legally binding global treaty was set to wrap up in Busan, South Korea, on Sunday

Holcim to sell Lafarge Africa stake to Huaxin Cement in $1 billion deal

The transaction is expected to close in 2025, subject to regulatory approvals, Holcim's statement said

Cyclone Fengal kills 19 in India and Sri Lanka; triggers flooding in TN

In Sri Lanka, 16 people were killed, with heavy rains affecting a total of 138,944 families, the latest data from the Disaster Management Centre in Colombo showed

JPMorgan agrees to drop lawsuit against Tesla over stock warrants

The move to drop the lawsuit was announced in a one-page court filing by both companies in a Manhattan court