Aussie, Kiwi Dollars Slide as US Rate Hike Looms; Bond Yields Surge
Australian and New Zealand dollars weakened as markets priced in an imminent US rate hike, sending Aussie bond yields to 15-year highs.
Business
Gold Eases as Oil Surge Lifts Fed Rate-Hike Expectations
Gold fell as rising oil prices stoked inflation concerns and boosted bets on a US rate hike, with the Fed and BoJ decisions due this week.
Copper slips as US tariff decision looms over metals market
Copper extended losses on Monday as uncertainty over potential US tariffs on refined imports clouded the outlook for inventory flows.
AI Stocks Tumble Across Asia as Lab Chiefs Urge Caution on Development
Asian AI and semiconductor shares slid on Monday after top US lab CEOs called for slower development and OpenAI ruled out an IPO this year.
Goldman Sachs Joins Wall Street Peers in Predicting September Fed Rate Hike
Goldman Sachs now expects the Federal Reserve to raise rates by 25 basis points in September, citing market pricing and inflation worries.
Samsung, SK Hynix Turn Down KEPCO's $18.7 Billion Power Prepayment Plan
Samsung Electronics and SK Hynix have declined KEPCO's request for a 25 trillion won advance payment to fund power infrastructure for semiconductor mega clusters.
Crude Oil Prices Split Sharply as Middle East Chokepoints Reshape Global Trade
A widening price chasm has emerged in crude oil markets as Middle East conflict disrupts key shipping routes, pushing Brent to a three-month high.
Amazon Halts 21 Air Operations After Fatal Miami Cargo Crash (2026-09-14)
Amazon has paused operations with Miami-based cargo carrier 21 Air following a fatal crash that killed five people.
How India Navigated the West Asian Oil Shock: Diversification and Demand Destruction
India managed the West Asian oil shock through crude diversification and demand destruction, protecting households but straining trade and commercial sectors.
Ligent Technologies Seeks $723 Million in Hong Kong IPO to Fund AI-Led Expansion
Ligent Technologies is raising about HK$5.67 billion ($723 million) in a Hong Kong IPO, backed by $340 million from cornerstone investors, to fund R&D and production expansion.
Dollar Holds Firm as Yen Nears Seven-Month Peak Before Fed and BOJ Calls
The dollar was steady while the yen hovered near a seven-month high as markets awaited Federal Reserve and Bank of Japan policy decisions amid oil above $100.
Chubu Electric President to Step Down Over Falsified Hamaoka Seismic Data
Chubu Electric Power's president and chairman are set to resign after the utility was found to have submitted falsified seismic data in its bid to restart the Hamaoka nuclear plant.
GE HealthCare Said to Be in Talks for $1 Billion Sofie Biosciences Deal
GE HealthCare Technologies is reportedly negotiating a roughly $1 billion purchase of radiopharmaceutical developer Sofie Biosciences.
BRICS trade growth seen drawing more sovereign wealth capital
SWFI board chair Lakshmi Narayanan Ramanujan says growing BRICS trade could draw more sovereign wealth capital into member economies.
Oil Supply Fears and Fed Vote in Focus as Middle East Markets Open
Middle East markets head into Sunday with oil near an 8% weekly gain, fresh Hormuz shipping alerts and a wave of regional energy deals in play.
India Can Produce 62 MMT of Compressed Biogas a Year, Animal Waste Biggest Source
India's 472 MMT of annual feedstock can yield about 62 MMT of compressed biogas, with animal waste the largest contributor, an Equirus report says.
Tesla to unveil long-delayed Roadster on October 1, Musk says
Tesla will unveil its long-delayed next-generation Roadster on October 1, CEO Elon Musk has said.
Worker Housing Emerges as a Business Along India's Factory Corridors
A service industry is growing around worker accommodation in manufacturing corridors such as Sriperumbudur, even as big employers continue to rely on in-house and mixed housing arrangements.
Hyundai to launch in-house driver-assist software in 2029, two years behind schedule
Hyundai Motor Group will debut its proprietary driver-assistance software in late 2029, two years later than planned, and will partner with Nvidia on interim systems from 2028.
SBI Research projects RBI rate hikes in October and December as crude, inflation risks mount
SBI Research expects the RBI to raise the policy rate by 25 bps in October and again in December, citing costlier crude and widening inflation pressures.