Metal prices firm up in August, but rising input costs cloud recovery
Metal prices strengthened across major segments in August, though higher input costs raise questions over how long the recovery can last.
Business
China Southern to restart Guangzhou-New Delhi flights from September 21
China Southern Airlines will resume Guangzhou-New Delhi passenger services on September 21, restoring its India route after six years.
VinFast Appoints Founder's Eldest Son as Global CEO Amid Restructuring Push
VinFast names Pham Nhat Quan Anh as global CEO, succeeding his father, as the EV maker restructures and expands overseas.
Apollo in Talks to Buy J&J's DePuy Synthes in Near $20 Billion Deal
Apollo Global Management is in talks to acquire Johnson & Johnson's orthopedics unit, DePuy Synthes, in a deal valued at close to $20 billion.
Oracle raises restructuring cost estimate by $700 million as AI spending climbs
Oracle has raised the expected cost of its fiscal 2026 restructuring plan to about $2.8 billion, a $700 million increase, as it balances AI-driven growth against debt and cash-flow concerns.
Indian Bonds Set for Selloff as Oil, US Yields Surge; Fresh Debt Supply Looms
Indian government bonds are expected to weaken as oil prices breach $100 and US Treasury yields climb, with a Rs 320 billion debt sale adding pressure.
Tencent-backed Enflame triples on Shanghai debut as AI chip listings surge
Shanghai Enflame Technology jumped about 200% in its STAR Market debut after raising 6.12 billion yuan, as Chinese AI chip listings gain momentum.
IMF backs India's GDP data as Q1 FY27 growth beats forecasts at 7.8%
The IMF said India's 7.8% real GDP growth in Q1 FY27 exceeded its expectations, driven by services and exports, and welcomed new statistical series.
Indian shares poised for sharp fall as Brent crude surges to $108
Indian equities are set for a weak open as Brent crude hits $108 on widening Middle East conflict, with Nifty futures pointing lower.
Global bond yields may limit India's rate-cut room, HSBC Mutual Fund says
HSBC Mutual Fund says rising global bond yields could constrain India's monetary easing, with commodity prices and the US rate cycle also in focus.
Tencent-backed Enflame set for 188% surge in Shanghai trading debut
Shanghai Enflame Technology is set to open 188% higher at 410 yuan in its Shanghai debut, after raising 6.12 billion yuan in its IPO.
Australian Shares Slide for Fourth Day as Miners Drag Index Toward Worst Week in Six Months
Australian shares fell for a fourth straight session, led by heavyweight miners, with the benchmark on track for its worst weekly loss since early March.
Nikkei Tumbles 3% as Fed Rate Fears and Oil Surge Rattle Markets
Japan's Nikkei 225 fell 3.11% to 63,243.98 as US rate hike expectations and soaring oil prices weighed on investor sentiment.
Oil Spike Above $109 Lifts Bond Yields, Sinks Asian Stocks
Brent crude hit $109.97 as Middle East fighting widened, driving global bond yields to multi-year highs and dragging Asian equities sharply lower.
Japan wholesale inflation stays hot in August, keeping BOJ rate hike in play
Japan's producer price index climbed 7.6% in August, topping forecasts and reinforcing expectations of a Bank of Japan rate hike next week.
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.
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.