By Deepak kumar
Sensex, Nifty Open Lower as Oil Prices and Bank Earnings Weigh
Sensex and Nifty open lower as investors assess HDFC Bank and ICICI Bank earnings, crude oil near $108 a barrel and foreign investment flows.
Indonesia Stocks Plunge 11.6% After MSCI Warning
Indonesia’s stock market plunges 11.6% after MSCI’s reclassification warning, raising fears of $5.6 billion in passive outflows and further rupiah weakness.
Ampol Shares Fall 7% as Refinery Maintenance Cuts Output
Ampol shares fall 7% after Lytton refinery maintenance cuts fourth-quarter fuel output forecasts by 150 million litres despite stronger refining margins.
Pakistan’s IMF-World Bank Chairmanship: Ceremony or Power?
Former IMF director Krishnamurthy Subramanian says Pakistan’s 2027 IMF-World Bank chairmanship is ceremonial and does not control lending decisions.
Hurricane Trudy Hits Mexico With Heavy Rain and Winds
Hurricane Trudy brings heavy rain, strong winds and flooding risks to Mexico’s Pacific coast before forecasters expect it to weaken overnight.
China Proposes Export Controls on Solar Technologies
China proposes export controls on 12 solar-manufacturing technologies, raising concerns for US and Indian companies seeking to expand domestic production.
Centinela Copper Mine Strike Ends After Union Deal
Antofagasta Minerals' Centinela copper mine strike has ended after 94.49% of participating union members approved a new collective bargaining agreement.
Why the World Is Losing Its Appetite for Disruption
AI investment concerns, geopolitical conflicts and rising debt are challenging the appeal of disruption, highlighting the importance of reliable institutions.
China AI IPOs to Hold Firm Despite Valuation Concerns
China AI supply-chain companies are expected to pursue Hong Kong IPOs despite valuation concerns, as domestic and global investors support fundraising.
Maharashtra Loose Masala Ban Divides Lalbaug Traders
Maharashtra's ban on loose masalas sparks debate at Mumbai's Lalbaug market as traders warn of higher costs while officials seek better food safety.
S&P 500 Steady as Bank Gains Offset AI Stock Sell-Off
The S&P 500 traded nearly flat as AI concerns pressured technology stocks, while banking gains pushed the Dow to a one-month high amid inflation worries.
Pakistan to Chair IMF and World Bank Boards in 2027
Pakistan will chair the IMF and World Bank Boards of Governors in 2027 while awaiting $1.2 billion in funding and tackling economic and debt pressures.
UK Food Exports to EU Fall by a Third Since Brexit
British food and drink exports to the EU have fallen by more than a third since Brexit, as paperwork, certification rules and trade barriers hit producers.
US Equity Funds Attract $13 Billion as Treasury Yields Ease
US equity funds attracted $13.01 billion as Treasury yields eased and earnings optimism improved, while AI-related concerns triggered major technology fund outflows.
Wall Street Futures Mixed as AI Sell-Off Continues, Tesla Gains
Wall Street futures were mixed as AI stocks fell on debt and profitability concerns, while Tesla gained after unveiling its redesigned Roadster with SpaceX technology.
Waymo Plans First Canadian Robotaxi Service in Toronto by 2028
Alphabet-owned Waymo plans to launch its first Canadian robotaxi service in Toronto by 2028, partnering with Element Fleet Management and creating hundreds of jobs.
ExxonMobil Warns of $1.3 Billion Upstream Earnings Hit
ExxonMobil warns oil price changes could cut third-quarter upstream earnings by $1.3 billion as investors assess energy market volatility and financial risks.
Sensex, Nifty Extend Rally as SEBI Relief Boosts Sentiment
Sensex and Nifty extend gains as falling US Treasury yields and SEBI's regulatory reversal boost sentiment, despite oil prices near $106 and inflation risks.
Tesla Flying Roadster Unveiled as Musk Targets 2028 Production
Tesla unveils its flying Roadster prototype with rocket-inspired propulsion, claiming sub-second acceleration as questions remain over safety and 2028 production.
Petrol Export Duty Rises to ₹2.5, Diesel Duty Cut to ₹8.5
India raises petrol export duty to ₹2.5 per litre and cuts diesel duty to ₹8.5 from October 16 as the government adjusts fuel levies to global oil prices.
Global Tech Sell-Off Deepens on US Inflation and AI Debt
Global technology stocks tumble as rising US inflation, interest rate fears and AI-related debt concerns trigger sharp losses across Asian, US and European markets.