Apple's $1,999 Foldable iPhone Duo Leaves Its Target Buyer Unclear
Apple's foldable iPhone Duo starts at $1,999 in the US, but analysts question who the device is meant for.
Business
Asian Stocks Slide as Brent Tops $100, US Yields Near 2023 Peak
Asian equities fell as Brent held above $100 on widening Middle East conflict, US 10-year yields stayed near a 2023 high, and traders awaited US inflation data and central bank meetings.
BOJ may need rapid rate hikes if inflation accelerates, board member Masu warns
BOJ board member Kazuyuki Masu says the central bank may be forced to raise rates rapidly if inflation accelerates, citing producer price spikes and a weak yen.
Visa, Mastercard and Ant International join forces on AI agent trust standards
Visa, Mastercard and Ant International have launched a joint initiative to develop common standards for identifying and verifying AI agents that make purchases for users.
Fuel prices hold steady as Brent crude nears $102 amid fresh US-Iran strikes
Brent crude edged toward $102 a barrel on Thursday after tit-for-tat strikes between the US and Iran, even as pump prices in major Indian cities held steady.
ASX 200 Slides to Six-Week Low as Oil Breaches $100 on Middle East Flare-Up
Australian shares fell to a six-week low, with all sectors in the red, as Middle East shipping attacks pushed oil above $100 a barrel and lifted rate-hike expectations.
Stratolaunch Prepares US IPO to Raise Up to $500 Million
Hypersonic flight firm Stratolaunch is preparing a US IPO that could raise up to $500 million as soon as October, at a valuation of about $2–3 billion.
Mallya renews injustice claim, cites ED recovery of Rs 14,000 crore
Vijay Mallya has again claimed he faces injustice, citing an ED affidavit on recoveries and his UK residency status.
Gold Holds Steady as Markets Await US Inflation Data and Fed Decision
Gold prices were little changed in early Asian trade as investors awaited US inflation data and a Federal Reserve rate decision, with the ECB also set to act.
Ford Caught in Crossfire as Washington Splits Over China Auto Deals
Ford faces contradictory signals from the Trump administration over its partnerships with Chinese companies, exposing a wider policy rift on China.
Nvidia to Back Up to 2-Gigawatt AI Buildout Across Australia by 2027
Nvidia will support up to 2 gigawatts of AI infrastructure capacity in Australia by 2027 under a partnership with the country's data centre ecosystem.
Samsung, SK Hynix mega payouts put Korea's Value-Up drive under investor scrutiny
Record Samsung and SK Hynix payouts test Korea's Value-Up reforms as the KOSPI's valuation gap persists, raising questions about broader corporate participation.
US firms in China shake off gloom as profits rebound, survey finds
US companies in China report renewed confidence, with 58% optimistic on five-year outlook and 78% posting profits, per AmCham survey.
China's August Inflation Quickens as Energy Costs Bite
China's factory-gate and consumer inflation accelerated in August, propelled by higher energy costs, even as underlying domestic demand stayed subdued.
Nikkei Climbs as AI Demand Offsets Middle East Worries
Japan's Nikkei advanced 0.43% as AI-related demand lifted tech stocks, outweighing Iran war concerns and a firmer yen.
Oil Spike to $100 May Weigh on Indian Bonds, Reversing Gains
Indian bond yields may rise as Brent crude nears $100, reversing recent gains on inflation concerns.
Indian Shares Set for Muted Open as Oil Rally Deepens on Mideast Strife
Indian equities likely to open flat as Brent crude jumps toward $100 on escalating Middle East conflict, stoking inflation concerns.
China's August Factory Inflation Quickens as Energy Costs Bite
China's factory-gate inflation accelerated to 3.8% in August, while consumer prices rose 0.8%, official data showed.
Austal Weighs $1.35 Billion Buyout Offer for US Shipbuilding Arm
Australian shipbuilder Austal has received a buyout proposal from Wildcat Infrastructure for its US business, valuing the unit at up to $1.35 billion.
CVC Capital picks insider and TPG president as co-CEOs ahead of 2028 transition
CVC Capital Partners has named Peter Rutland and Todd Sisitsky as co-CEOs, with Rob Lucas stepping down in early 2028.