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West Asia conflict escalation poses significant economic risks: IMF
The IMF estimates that Gaza's GDP declined 86 per cent in the first half of 2024. | Photo: Bloomberg 3 min read Last Updated : Oct 03 2024…
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Reliance Power to raise Rs 4,198 crore through convertible bonds
2 min read Last Updated : Oct 03 2024 | 10:05 PM IST The board of directors of Reliance Power has approved plans to raise Rs 4,198 crore…
Business
Swiggy gets shareholder nod to use provision to upsize IPO fresh issue
2 min read Last Updated : Oct 03 2024 | 9:16 PM IST SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to…
Business
BoB to sell Oman operation to Bank Dhofar as part of rationalisation
The total business of BoB operation in the country was 113.35 million Omani Rial. | Photo: Shutterstock 2 min read Last Updated : Oct 03…
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Safe-haven US dollar climbs; sterling falls on dovish Bailey comments
THE US dollar strengthened on Thursday (Oct 3) on expectations the US Federal Reserve will not rush to cut interest rates, while the pound…
Business
Broking stocks end mixed after Sebi's new F&O framework tightening
3 min read Last Updated : Oct 03 2024 | 5:46 PM IST Shares of BSE, the only listed equity bourse, rose 3 per cent, while Angel One, a…
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China’s WuXi explores sale of pharma operations as US restrictions loom: FT
WUXI AppTec and WuXi Biologics are planning to sell some of their operations after the Chinese biotech companies were targeted by the US…
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New laws close gap in California on deepfake child pornography
Using an AI-powered app to create fake nude pictures of people without their consent violates all sorts of norms, especially when those…
Business
Singapore stocks fall as regional bourses end mixed; STI down 0.2%
Across the broader market, decliners beat advancers 340 to 261, after 1.3 billion shares worth S$1.3 billion change hands SINGAPORE shares…
Business
7-Eleven owner seeking to sell off part of stake in banking unit
SEVEN & i Holdings, the convenience-store operator facing a takeover approach from Canada’s Alimentation Couche-Tard, is exploring the…
Business
Here's why Blue Star share price dropped 3% on October 3; details here
3 min read Last Updated : Oct 03 2024 | 2:06 PM IST Blue Star share price: Air conditioner (AC) manufacturer Blue Star share price fell as…
Business
Happy Navratri 2024: Wishes and greetings to share with your loved ones
3 min read Last Updated : Oct 03 2024 | 1:02 PM IST One of the most popular Hindu festivals, Navratri represents the victory of good over…
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Transformers & Rectifiers share up 5% on Rs 565-cr order from Power Grid
2 min read Last Updated : Oct 03 2024 | 10:58 AM IST Transformers and Rectifiers (India) Ltd share: Transformers and Rectifiers (India)…
Business
SoftBank’s Masayoshi Son envisions AI running households in next few years
SOFTBANK Group founder Masayoshi Son sketched out one of the most aggressive timelines for the adoption of artificial intelligence (AI)…
Business
Iran-Israel war, Sebi F&O: Why Sensex plunged over 1,200 pts intraday today: Stock market crash
Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE(Photo: Shutterstock) 4 min read…
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US-listed KLA completes phase one Singapore expansion, moving to add another 400 new jobs in next phase
SEMICONDUCTOR process control and yield management solutions provider KLA expects to complete the second phase of its expansion in…
Business
eSIM platform Truely concludes US$3.5 million fundraise led by 1982 Ventures
It intends to use the funds to expand its offerings, including developing business-to-business services for travel operators and airlines…
Business
Gold price rises Rs 10 to Rs 77,460, silver falls by Rs 100 to Rs 94,900
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 77,610, Rs 77,460, and Rs 77,460, respectively…
Business
Singapore shares open higher on Thursday; STI up 0.2%
SINGAPORE shares began Thursday (Oct 3) trading in positive territory, after global markets had mixed performances. As at 9.02 am, the…
Business
Elite UK Reit applies to develop 80 MW data centre campus in Blackpool
ELITE UK Real Estate Investment Trust’s (Reit) manager has submitted a planning application to develop a new 80-megawatt (MW) data centre…
Business
Crypto asset manager Bitwise files for XRP ETP with securities regulator
CRYPTO asset manager Bitwise has filed an initial registration statement with the US Securities and Exchange Commission (SEC) for an…
Business
SEC appeals US$125 million judgment in Ripple Labs XRP lawsuit
THE US Securities and Exchange Commission (SEC) appealed a court decision ordering Ripple Labs to pay a US$125 million civil penalty for…
Business
ECB momentum for an October rate cut is looking unstoppable
AN INTEREST rate cut that European Central Bank (ECB) officials deemed unlikely just three weeks ago now seems a near certainty when they…
Business
BMW rules out investing in new Northvolt funding round
BMW is unwilling to invest more in Northvolt, the cash-strapped battery maker that’s seeking fresh funds to stabilise its finances,…