Dollar Holds Near Two-Month High as Rate Hikes and Iran Diplomacy Dominate Markets
The dollar steadied near a two-month high on rate-hike expectations, while easing oil prices and diplomatic efforts over the Iran war kept markets cautious.
Business
GM CEO Mary Barra to Attend White House State Dinner for Xi Jinping
General Motors CEO Mary Barra is expected at Trump's state dinner for China's Xi Jinping, as US automakers push back on opening the market to Chinese manufacturers.
Pfizer Stays Engaged With Authorities in Karnataka Fake Drug Investigation
Pfizer says it is working with authorities to resolve open queries in a fake drug probe in Karnataka, with patient safety as its priority.
Asian Stocks Climb on AI Demand as Oil Slips and Dollar Holds Firm
Asian equities rose for a sixth straight session on AI-driven tech demand, oil eased on reports of higher Saudi supply, and the dollar stayed firm as Fed officials backed recent tightening.
Embraer Flags GPS Instability Affecting E2 Jets; Azul Adjusts Flights
Embraer has been notified of GPS instability affecting some aircraft, including its E2 family, and is working with operators and suppliers.
ACCC Blocks IAG's A$1.35 Billion RAC Insurance Takeover Over Competition Fears
Australia's competition watchdog has blocked IAG's planned A$1.35 billion acquisition of RAC Insurance, citing competition concerns in Western Australia.
ADB nudges up 2026 growth forecast for developing Asia, trims inflation view
ADB raises 2026 growth forecast for developing Asia and the Pacific to 5.0% from 4.9%, trims inflation projection to 4.2%, and warns risks remain tilted to the downside.
Rupee Seen Opening Higher as Crude Slips; Record Inflows Curb Depreciation Bets
The rupee is expected to open modestly stronger on Tuesday, supported by softer crude prices and long-dated US Treasury yields, while $143.6 billion in balance-of-payments inflows help anchor sentiment.
Tech rally lifts Asian stocks as dollar firms on rate-hike bets
Asian tech stocks rose on AI optimism and softer oil prices, while the dollar held firm on rate-hike expectations ahead of a Trump-Xi summit.
Gold Holds Steady as Higher-for-Longer Rate Outlook Weighs on Sentiment
Gold traded nearly flat as expectations of prolonged high US interest rates offset safe-haven demand, with Fed comments and geopolitical risks in focus.
Indian shares set for higher open as crude, US yields ease
GIFT Nifty futures signal a firm start for Indian equities as easing crude prices and a softer US 10-year yield support sentiment ahead of the UN General Assembly.
Berkshire Hathaway Adds Lennar Shares in Mid-September Buying Spree
Berkshire Hathaway acquired about 2.7 million Lennar Class A shares and 75,021 Class B shares between Sept 17 and 21, a regulatory filing shows.
Indian Bonds Poised to Extend Gains on Softer Oil, US Yields
Government bonds are set to open stronger on easing oil prices and lower US Treasury yields, though rate-hike bets may limit gains.
Gold Edges Higher as Treasury Yields Ease, Rate Outlook Caps Gains
Gold prices rose slightly on Tuesday as US Treasury yields eased, though expectations of further rate hikes kept gains in check.
Yen Slips as BOJ Lags Hawkish Turn by Global Central Banks
The yen weakened against a firm dollar as Japan's wide rate gap with major peers kept carry trades alive, while bitcoin rallied past $87,000.
Oil edges higher as traders eye possible US-Iran talks at UN General Assembly
Crude prices steadied on Tuesday, with Brent up 0.22% and WTI nearly flat, as investors watched for signs of US-Iran diplomacy in New York.
Tech lifts Asian shares as oil slides; yen soft amid intervention watch
Asian equities rose on tech strength, oil fell on rising Middle East supply, and the yen stayed weak amid intervention caution.
New World Development Wins SSE Nod for Shanghai REIT Spin-Off
New World Development has received Shanghai Stock Exchange approval to spin off a REIT backed by its Shanghai Huaihai property project.
Yen Steadies as Tokyo Intervention Watch Intensifies After BOJ's Dovish Hike
The yen firmed slightly after last week's sharp fall, as reported rate checks and a dovish BOJ hike kept intervention speculation alive.
Oil Prices Slip as Saudi Export Recovery Offsets Houthi Attacks
Oil prices fell on Monday as investors weighed Saudi Arabia's export recovery via the Strait of Hormuz against escalating Middle East tensions from Houthi attacks.