Nifty 50 Index boosted by India’s GDP data, but valuation risk remain
The Nifty 50 Index is hovering near its all-time high as the Indian rupee slips and as the recent economic numbers point to robust performance in the third quarter, as…
China’s manufacturing activity contracts in November as weak domestic demand persists
China’s factory sector unexpectedly slipped back into contraction in November, according to a private survey released Monday, signaling continued softness in domestic demand and renewed concerns over the country’s economic…
Morning brief: Australia to overhaul defence structure, Asian markets mixed
Australia, Asia and global macro sentiment opened the week on a cautious footing, with defence restructuring in Canberra, volatile equity moves across regional markets, renewed pressure in digital assets, and…
India eyes Mongolian coking coal to end Australian reliance, battles logistical hurdles
India is exploring the feasibility of importing coking coal from Mongolia, aiming to diversify its sourcing for the crucial steelmaking ingredient despite facing logistical challenges, a Reuters report revealed. India, currently…
HSBC pushes deeper into generative AI with new Mistral AI partnership
HSBC is moving deeper into artificial intelligence as the banking sector intensifies its shift toward automated services and faster digital operations. The bank has entered a multi-year agreement with French…
Wockhardt jump 13% as US FDA accepts NDA for Zaynich antibiotic in key milestone for Indian pharma
Shares of Indian pharmaceutical major Wockhardt rallied more than 13% on Monday after it announced a milestone development in its innovation pipeline: the United States Food and Drug Administration has…
Will the Airbus share price rebound after the A320 recall?
Airbus share price moved sideways as investors assessed the impact of last week’s recall of its most important jet. AIR was trading at €204, down by 5.35% from its highest…
South Korea cyber crisis deepens as Coupang data leak exposes national vulnerabilities
The post South Korea cyber crisis deepens as Coupang data leak exposes national vulnerabilities appeared first on Invezz
Ukraine peace hopes send gasoil crack plummeting; sanctions easing on Russia eyed
Hopes for a potential peace plan in Ukraine have sent shockwaves through the energy market this week, causing the gasoil crack spread to plummet to $25 per ton from $35…
Why are the smartest investors abandoning Bitcoin for gold right now?
Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying.Since January 2024, gold has surged 58% while…