Chicago Corn Hits Three-Year High on US Crop Worries
Chicago corn futures jumped to a three-year high after a crop tour found US yields below expectations. Wheat rose on Black Sea export risks, while soybeans slipped.
Business
Samsung shares slide 5% despite record shareholder return plan
Samsung Electronics shares fell over 5% Monday after the company said shareholder returns could hit 110 trillion won this year.
Ampol's Half-Year Profit Jumps Nearly Five-Fold on Record Refining Margins
Ampol's interim profit surged nearly five-fold to a record A$857.2 million, driven by sharply higher refining margins amid Middle East supply disruptions.
Eni Sees Nuclear Fusion as Its 'Next Refinery'
Eni plans to develop a commercial nuclear fusion plant in Europe by the early 2040s, partnering with US startup Commonwealth Fusion Systems.
Sinopec H1 profit up 19.3% despite Middle East conflict, weak fuel demand
Sinopec's first-half net profit rose 19.3% year-on-year to 25.63 billion yuan, despite the Middle East conflict and weak domestic fuel demand.
India's largest business delegation to Japan: Goyal to lead 200-member team
Commerce Minister Piyush Goyal will lead India's largest-ever business delegation to Japan from August 24-27, covering Tokyo, Nagoya and Osaka.
Rajnath Singh Launches Rs 3,300 Crore Defence Manufacturing Push in West Bengal
Defence Minister Rajnath Singh laid foundations for five projects by GRSE and YIL in West Bengal, investing over Rs 3,300 crore to expand shipbuilding and metallurgical capabilities.
Sinopec's First-Half Profit Climbs 19.3% on Stronger Margins
Sinopec's H1 2026 net profit rose 19.3% year-on-year, per its stock filing, signaling improved operational performance.
Commerce Secretary to Visit Brazil, Argentina, Chile to Deepen Trade Ties
Commerce Secretary Rajesh Agrawal will visit Brazil, Argentina, and Chile from August 24-28 to boost trade, including talks on an India-Chile FTA.
US Debt Crosses $40 Trillion, Raising Treasury Yield and Equity Risks
US public debt has crossed $40 trillion. Jefferies warns of upward pressure on Treasury yields, which could hurt equities and limit Fed flexibility.
AI Capex Slowdown Could Shift Balance-of-Payments Stress to US
A slowdown in AI capital spending could reverse Asian savings flows, shifting balance-of-payments pressure to the US and weakening the dollar.
Fed Signals Possible Rate Hike as Inflation Persists; Jobless Claims Fall
Fed minutes suggest possible rate hikes if inflation persists; mortgage rates ease slightly; jobless claims fall to 206,000.
Bitcoin and Gold Surge as Treasury Move Sparks 'Debasement Trade'
Bitcoin and gold rallied sharply this week after the US Treasury announced larger long-term debt buybacks, weakening the dollar and fueling the 'debasement trade.'
Quality office space shortage worries 40% of India occupiers: CBRE survey
CBRE's 2026 India Office Occupier Survey finds 40% of occupiers worried about quality space availability through 2028, with demand shifting to premium, well-connected assets.
Equity mutual fund assets hit record Rs 48.5 lakh crore in July
Equity mutual fund AUM reached a record Rs 48.5 lakh crore in July, with active schemes growing 13.3% year-on-year and SIP assets crossing Rs 18 lakh crore.
Commercial vehicle loans lead India's auto lending boom with 20.1% CAGR
India's vehicle lending market is expanding rapidly, led by commercial vehicles and used cars, with rising ticket sizes and broader credit access.
India's alternative investment market set to cross $2 trillion by 2034
India's alternative investment assets could exceed $2 trillion by 2034, driven by family offices and high-net-worth investors.
RBI's forex swap facility mobilises $72.85 billion, FCNR(B) deposits lead
RBI's special USD-INR swap facility has mobilised $72.85 billion in forex inflows, with FCNR(B) deposits contributing $65.4 billion.
India's renewable capacity additions could hit 45-50 GW annually
India may add 45-50 GW of renewable capacity annually over two years, backed by a strong project pipeline and rising power demand.
US Policy Support May Cap Bond Yields, But Failure Risks Dollar Slump
Fresh US policy measures could cap Treasury yields, but failure to pull 30-year yields below 5% risks dollar slump and market correction.