Qatar Airways sells entire Cathay Pacific stake for $897 million
Cathay to repurchase 9.7% stake from Qatar Airways, marking full exit; shares rise 4% in early trade, reflecting confidence in airline’s future
Indian ed-tech platform PhysicsWallah sets IPO price band, eyes $3.19 billion valuation
Backed by WestBridge and Hornbill Capital, PhysicsWallah to open three-day IPO bidding for retail investors starting November 11
Asia shares rise as upbeat US data calms nerves over stretched valuations
Investors buy the dip after heavy selloff in previous session
Dollar dips from peaks, sterling squeezed ahead of Bank of England meeting
Aussie, NZD bounce as stock market mood recovers; US yields higher on data and debt outlook
Saudi Arabia cuts December oil prices for Asia as OPEC+ boosts output
Aramco sets its December official selling price at $1 per barrel above the Oman and Dubai average
Oil flat as weak demand, oil glut weigh on market
Brent crude futures rise 2 cents, or 0.03%, to $63.54; US WTI futures remain flat at $59.60 a barrelÂ
US orders 10% flights cut at major US airports due to shutdown
FAA may take further steps if air traffic issues persist; Shutdown causes staffing shortages, flight delays, longer security wait times
Gulf markets slip as global tech sell-off triggers valuation fears
Regional indices follow Wall Street’s downturn amid stretched equity valuations; Saudi stocks extend losses while Egypt’s benchmark hits a record high.
Tesla’s German sales plunge 53% in October as BYD surges ninefold
Despite a sharp decline for Tesla, Germany’s overall electric vehicle market jumped nearly 48% year-on-year, driven by strong gains from Chinese automaker BYD.
China seeks $4 billion through dollar bonds amid thaw in U.S. trade tensions
Beijing’s largest dollar bond sale in four years follows a temporary truce in the U.S.-China trade war and easing of mutual tariffs.
Trump, Modi speak frequently as trade talks continue, White House says
White House spokeswoman Karoline Leavitt confirms ongoing serious discussions between US President and his trade team with India
Nvidia joins India Deep Tech Alliance with $850M pledge to boost local startups
Nvidia teams up with Qualcomm, Activate AI, and other investors to support India's deep-tech ecosystem, focusing on AI, semiconductors, and robotics.
Oil prices fall amid broader market selloff, gains in US crude stockpiles
Brent crude futures fall 36 cents, or 0.56%, to $64.08; US WTI crude declines 40 cents, or 0.66%, to $60.16
Stocks tumble as stretched valuation fears grip markets
SINGAPORE: Asian stocks dived on Wednesday and market volatility surged to levels not seen since April after an overnight tech-led selloff on...
China confirms suspension of 24% tariff on US goods, retains 10% levy
Beijing will also lift some tariffs of up to 15% on US agricultural goods from November 10