Mon, Oct 12, 2026 - Page 40
5047 indexed SquawkNews stories from this UTC day. Showing 4681-4800.
L
OQ Base Industries Reports 9-Month Profit of 61.4 Million Rials
EARNINGS | Oct 12, 2026, 04:41 AM UTC
L
Consumer Staples Lagged Market in Q3, Morningstar Sees Value in Three Stocks
Morningstar says Kraft Heinz, Clorox and Hershey trade at discounts of 40%, 45% and 30%, respectively, to its valuations.
EQUITY | Oct 12, 2026, 04:40 AM UTC
L
Asian Share Markets Choppy as Earnings Loom and Oil Slips
Asian stocks started Monday erratically as earnings season approached. Oil prices slipped amid uncertainty over whether Russia would increase energy exports.
MACRO | Oct 12, 2026, 04:39 AM UTC
M
Sysco Urges Teamsters to End LA Strike After Wage Deal
Sysco says it agreed on wages and benefits with Teamsters Locals 630 and 848, but the Los Angeles strike continues over language that could permit work stoppages at any time.
EQUITY | Oct 12, 2026, 04:38 AM UTC
L
Sysco Urges Teamsters Locals 630 and 848 to End Strike
Sysco says the strike is not about wages, benefits or other economic terms; the sole unresolved issue is union-demanded language that could permit strikes at any time and disrupt essential deliveries across Los Angeles.
EQUITY | Oct 12, 2026, 04:38 AM UTC
M
Motilal Oswal Reiterates Buy on Canara HSBC Life Insurance, Sets Rs 180 Target
Motilal Oswal’s report says Canara HSBC’s APE grew 11% year over year to INR6.6b in 2QFY27, while VNB rose 20% to INR1.4b and VNB margin was 21.4%.
EQUITY | Oct 12, 2026, 04:36 AM UTC
L
SGX Sicom RSS3 Rubber Untraded at Midday
COMMODITIES | Oct 12, 2026, 04:36 AM UTC
L
Indian Market Preview: Sensex, Nifty Seen Opening Higher
India’s market is likely to open higher, with GIFT Nifty signaling a positive start. Asian markets opened mixed; US stock futures had posted a winning week.
EQUITY | Oct 12, 2026, 04:35 AM UTC
M
TMUS, CMCSA and JOBY Shares Hit 52-Week Lows Last Week
T-Mobile shares fell more than 13% on Friday, their steepest single-day decline since the company’s 2013 debut. Comcast and Joby Aviation shares also reached annual lows.
EQUITY | Oct 12, 2026, 04:35 AM UTC
L
Indonesia Urges Greater Transparency in Cross-Border Copyright Royalty Governance
Indonesia brought together delegates from 35 countries and other participants to discuss cross-border copyright royalty governance.
REGULATION | Oct 12, 2026, 04:35 AM UTC
L
Burjeel Unifies LLH, Lifecare and Medeor
Burjeel Holdings says it is unifying LLH, Lifecare and Medeor. No further details were provided.
EQUITY | Oct 12, 2026, 04:35 AM UTC
H
Rupiah Holds Range as Domestic and External Risks Persist
The Indonesian rupiah traded near IDR 17,900 per U.S. dollar on Monday, moving within a limited range as mixed domestic signals and external risks kept sentiment cautious. Retail sales posted their fastest growth in five
MACRO | Oct 12, 2026, 04:35 AM UTC
H
European Briefing 12/10/2026: Trump, Putin Agrees Deal For Russia To Release Diesel On To Market; Iran Says US Response On Reopening Hormuz 'Insufficient'
Trump, Putin Agrees Deal For Russia To Release Diesel On To Market - Iran Says US Response On Reopening Hormuz 'Insufficient' - Putin Relayed Iran War Proposal To Trump, Kremlin Says - Iran Sets Supertanker Ablaze After
EARNINGS | Oct 12, 2026, 04:35 AM UTC
L
TikTok CEO sees major scientific breakthroughs from AI within three years
Chew cautioned that AI's growing capabilities would require stronger safeguards, particularly as autonomous systems become more widely adopted.
NEWS | Oct 12, 2026, 04:35 AM UTC
M
Centiel Receives $51 Million U.S. Purchase Order, Revises 2026 Guidance
Centiel also obtained UL certification.
EARNINGS | Oct 12, 2026, 04:33 AM UTC
L
Goldman Says China Plays Key Role in Global AI Supply Chain
Goldman Sachs analysts say China is pivotal to the U.S.-led global AI supply chain and its domestic AI ecosystem, and that the technology gap with the West seems to be narrowing.
EQUITY | Oct 12, 2026, 04:33 AM UTC
L
Sysco urges Teamsters locals to end strike after parties agree economic terms
Sysco urged Teamsters Locals 630 and 848 to end the strike, saying the parties had agreed on economic terms.
EQUITY | Oct 12, 2026, 04:31 AM UTC
L
Nifty Bank Index Trades Lower on Monday
The Nifty Bank index is trading with losses, with most constituents lower. AU Small Finance Bank and HDFC Bank are exceptions.
EQUITY | Oct 12, 2026, 04:31 AM UTC
M
India’s 10-Year Bond Yield Hits Highest Level Since March 2023
Government bond yields opened sharply higher as RBI liquidity-draining measures added to selling pressure and its calibrated tightening stance raised concerns over further rate hikes.
RATES | Oct 12, 2026, 04:31 AM UTC
M
Asian session market picture: S&P 500 +0.31%, Nasdaq 100 +0.35%; USD/JPY +0.01%, WTI -1.71%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.31 percent, Nasdaq futures is up 0.35 percent, Dow futures is up 0.36 percent and Russell futures is up 0.33 percent. In currencies, the dollar inde
EQUITY | Oct 12, 2026, 04:30 AM UTC
L
SGX Sicom November TSR20 Rubber Falls 0.5 Cent to 264.3 U.S. Cents/Kg
COMMODITIES | Oct 12, 2026, 04:30 AM UTC
M
Indian Debt Funds Set to Extend $4.5 Billion Bond Selloff
Indian mutual funds are set to sell more government bonds after offloading $4.5 billion since July, four fund managers said, citing the RBI's policy shift and expectations of a longer, steeper rate-tightening cycle.
RATES | Oct 12, 2026, 04:30 AM UTC
L
Dutch August trade surplus expands to 8.3 billion euros: CBS
Dutch August trade surplus expands to 8.3 billion euros: CBS
NEWS | Oct 12, 2026, 04:30 AM UTC
L
Semak Pharma Plans to Double Investment in 2027, Expand Fayoum Production
Semak Pharmaceutical Group plans to double its current investment volume in 2027, focusing on production capacity, personal care products and distribution across Egyptian pharmacies.
EQUITY | Oct 12, 2026, 04:28 AM UTC
L
Egypt Chemical and Fertilizer Exports to Saudi Arabia Rise 98%
Exports totaled approximately $356 million in the first eight months of 2026, up from $180 million a year earlier, according to the Export Council for…
EQUITY | Oct 12, 2026, 04:25 AM UTC
H
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising public debt will loom over IMF and World Bank meetings
GEOPOLITICS | Oct 12, 2026, 04:23 AM UTC
H
Nato should prepare for deadly Russian ‘hybrid’ attack, says Poland
Foreign minister Radosław Sikorski says risk of casualties is rising as Moscow escalates sabotage campaign on European soil
GEOPOLITICS | Oct 12, 2026, 04:23 AM UTC
H
Charles de Gaulle airport owner linked to services for sanctioned airline
Subsidiary of Groupe ADP, which is backed by the French government, has not stopped all work for Russia’s Ural Airlines
GEOPOLITICS | Oct 12, 2026, 04:23 AM UTC
L
Heathrow needs Burnham green light for runway by end of year, warns boss
Airport will have to ‘reassess’ £33bn project if prime minister does not openly back expansion plan, Woldbye tells FT
NEWS | Oct 12, 2026, 04:23 AM UTC
L
There is a smarter way to tax the rich
Increasing US corporate tax raises government revenues without harming the tax base
EARNINGS | Oct 12, 2026, 04:23 AM UTC
L
Johnson Electric 1H Profit Warning Falls Below Market Expectations
Deutsche Bank analyst Bin Wang says an adverse foreign-exchange swing drove the downside surprise versus gains a year earlier. The report also cites margin pressure in China's auto market and provisions, but the body is
EARNINGS | Oct 12, 2026, 04:23 AM UTC
M
Chunghwa Telecom Reports Second-Quarter Net Profit of NT$10.17 Billion
Chunghwa Telecom reported second-quarter net profit of NT$10.17 billion, compared with NT$9.82 billion a year earlier.
EQUITY | Oct 12, 2026, 04:23 AM UTC
M
Chunghwa Telecom 2Q Net Profit NT$10.17B
Chunghwa Telecom reported second-quarter net profit of NT$10.17 billion versus NT$9.82 billion.
EARNINGS | Oct 12, 2026, 04:23 AM UTC
L
Copper Gains on Supply Disruptions
Copper futures climbed toward $6.70 per pound on Monday, moving closer to record highs as ongoing supply disruptions bolstered prices. In Chile, the world’s leading copper producer, two workers died on Sunday after a sno
COMMODITIES | Oct 12, 2026, 04:23 AM UTC
L
Judge temporarily halts government-funded Trump midterm ad campaign
Judge temporarily halts government-funded Trump midterm ad campaign
NEWS | Oct 12, 2026, 04:22 AM UTC
L
Chicago Soybeans Fall on Higher Season-End Stockpile Estimates
Soybeans fell as forecasts for higher production and larger US season-end stocks weighed, ahead of Tuesday’s USDA harvest progress report.
COMMODITIES | Oct 12, 2026, 04:22 AM UTC
L
KP Green Engineering Secures New Orders Worth 2.72 Billion Rupees
KP Green Engineering Ltd secured new orders aggregating to 2.72 billion rupees.
EQUITY | Oct 12, 2026, 04:21 AM UTC
L
Motilal Oswal Maintains Neutral Rating on UPL, Sets Rs 558 Target
Motilal Oswal published a research report following visits to UPL’s Jhagadia and Dahej facilities in Gujarat.
EQUITY | Oct 12, 2026, 04:21 AM UTC
M
Rajesh Power Services Gets 4.72 Billion Rupee Order
Rajesh Power Services received an order worth 4.72 billion rupees.
EQUITY | Oct 12, 2026, 04:21 AM UTC
M
Indian Shares Open Higher as Oil Eases and RBI Supports Rupee
The Nifty 50 rose 0.27% to 22,575.65 as Indian shares opened higher; the RBI also unveiled new currency-support measures. Oil prices fell amid expectations of a Russia-Ukraine energy ceasefire.
EQUITY | Oct 12, 2026, 04:20 AM UTC
L
Chunghwa Telecom 1Q Net Profit NT$9.80B vs NT$9.39B
EARNINGS | Oct 12, 2026, 04:18 AM UTC
L
Egypt PM Reviews 2026/2027 Development Plan Targeting 5.4% Growth
Prime Minister Mostafa Madbouly reviewed the development plan with Planning and Economic Development Minister Ahmed Rostom.
REGULATION | Oct 12, 2026, 04:17 AM UTC
L
Deutsche Bank cuts Johnson Electric target price to HK$33.50
Deutsche Bank cut its target price for Johnson Electric from HK$40.00 to HK$33.50.
EQUITY | Oct 12, 2026, 04:17 AM UTC
L
Motilal Oswal Maintains Neutral on Avenue Supermarts, Sets Rs 3,925 Target
Motilal Oswal’s report says Avenue Supermarts’ revenue growth accelerated to about 18% year over year in 2Q, while like-for-like growth recovered to 9.5%. Store additions rose to 15, bringing the total to 518, up 20% yea
EQUITY | Oct 12, 2026, 04:17 AM UTC
L
JSW Energy, Gemstar and Actis Shortlisted for Polaris Smart Metering Sale
JSW Energy, Gemstar Infra and private equity firm Actis have been shortlisted for the second round of negotiations in the sale process, according to people familiar with the development.
MNA | Oct 12, 2026, 04:15 AM UTC
M
RBI to Meet Dollar Needs of Three State-Run Oil Companies
The Reserve Bank of India will meet the entire daily dollar requirements of Indian Oil, Bharat Petroleum and Hindustan Petroleum from October 12.
REGULATION | Oct 12, 2026, 04:15 AM UTC
L
JSW Energy, Actis and Gemstar Shortlisted for Polaris Smart Metering Sale
JSW Energy, Actis and Gemstar Infra have advanced to the second round of negotiations to buy Polaris Smart Metering, according to people familiar with the development.
MNA | Oct 12, 2026, 04:15 AM UTC
L
Banks Explore Easier Forex Hedging Amid RBI Curbs
Some banks and corporates may seek easier rules for hedging anticipated foreign-exchange exposure amid new RBI restrictions.
FX | Oct 12, 2026, 04:15 AM UTC
L
NTPC Seeks Investors for 26% Equity in Cogeneration Projects
NTPC said it has sought proposals from commercial and industrial consumers willing to invest 26% equity in projects supplying steam and electricity to their facilities.
EQUITY | Oct 12, 2026, 04:15 AM UTC
L
Sebi Mandates Colour-Coded Credit Risk Meter for Bonds
A circular dated 7 October 2026 mandates a visual tool to show investors the risk of debt instruments.
REGULATION | Oct 12, 2026, 04:15 AM UTC
L
RBI Measures May Help Local Bond Market
Analysts say companies that scaled back or withdrew domestic bond issues amid high yields may return after the RBI's weekend measures provide some cushion to the rupee.
CENTRAL_BANK | Oct 12, 2026, 04:15 AM UTC
L
IDFC First Bank CEO Says Indian Startup Ecosystem Is Expanding Beyond Major Hubs
V Vaidyanathan said startups are emerging beyond India’s familiar technology hubs and emphasized the need for fiscal discipline.
EQUITY | Oct 12, 2026, 04:15 AM UTC
L
FMCG Revenues Expected to Rise in Q2, Costs May Dent Margins
FMCG companies are expected to post double-digit revenue growth in the September quarter, supported by volume gains and calibrated price increases. Rising input costs, including sugar, edible oils, packaging materials an
EQUITY | Oct 12, 2026, 04:15 AM UTC
L
Banks and Companies Explore Easier Forex Hedging Rules
Some banks and corporates may seek less demanding rules for hedging anticipated foreign-exchange exposure amid new market restrictions.
REGULATION | Oct 12, 2026, 04:15 AM UTC
M
Rajasthan Orders Carlsberg India’s Alwar Brewery Closed Over Pollution Breach
Rajasthan’s pollution control board revoked operating consent for the brewery, citing particulate emissions nearly eight times the permitted limit, according to a regulatory order.
REGULATION | Oct 12, 2026, 04:15 AM UTC
L
FMCG Companies Said to Seek Stake in Farmley
Emami, ITC, Britannia and Orkla India are among companies said to be interested in a significant stake in the healthy-snacking brand. The deal may value Farmley at ₹2,000 crore, according to people cited by ET.
MNA | Oct 12, 2026, 04:15 AM UTC
M
Gold Prices Fall Nearly 4% in a Month to About 1.47 Lakh per 10 Grams
Gold prices declined from 1.53 lakh to about 1.47 lakh per 10 grams, prompting selective buying ahead of the festive and wedding season.
COMMODITIES | Oct 12, 2026, 04:15 AM UTC
H
NATO Should Prepare For Deadly Russian ‘Hybrid’ Attack, Says Poland - FT
READ HERE
GEOPOLITICS | Oct 12, 2026, 04:13 AM UTC
M
Yuan Holds Near 3-1/2-Year High Against Dollar as US Rate Bets Ease
The yuan hovered near a 3-1/2-year high against the dollar on Monday, supported by reduced expectations of an October US rate hike. Trade tensions and China's widening yield gap with the US could cloud the outlook.
FX | Oct 12, 2026, 04:13 AM UTC
L
Current Infraprojects Receives Letter of Award for Solar Plants at BSF Gujarat
EQUITY | Oct 12, 2026, 04:12 AM UTC
L
Why Wall Street Bosses Are Betting on India (Video)
Why Wall Street Bosses Are Betting on India (Video)
NEWS | Oct 12, 2026, 04:10 AM UTC
L
16 Central Banks Raised Benchmark Rates in September and October
The Reserve Bank of India raised its repo rate by 25 basis points last week, its first increase in nearly three-and-a-half years. The report says 16 central banks raised rates at September and October meetings.
CENTRAL_BANK | Oct 12, 2026, 04:09 AM UTC
L
Rupee Jumps on RBI Measures
India’s rupee climbs about 1%, leading gains versus the dollar in Asia on Monday, after the RBI took steps to bolster the currency. Bloomberg's Subhadip Sircar reports ()
NEWS | Oct 12, 2026, 04:08 AM UTC
L
Musk Says Tesla and SpaceX Aim to Test 10 Chip Designs Annually
Elon Musk said the companies aim to make and test about 10 chip designs a year at Terafab’s Giga Texas research fab. He said a significant design can take two years to reach volume production.
EQUITY | Oct 12, 2026, 04:07 AM UTC
L
Analysis Questions Whether Nifty’s 17x Valuation Can Attract Foreign Investors
The analysis cites a shrinking yield gap and costlier oil as factors weighing on returns, while asking whether India's economic growth and corporate earnings momentum can draw foreign investors back to equities.
EQUITY | Oct 12, 2026, 04:07 AM UTC
L
Copper Gains on Easing Rate-Hike Bets and Chile Mine Avalanche
Copper extended gains as traders looked to a more hopeful outlook for interest rates and gauged the impact on supply of a fatal mine incident in Chile.
CENTRAL_BANK | Oct 12, 2026, 04:06 AM UTC
L
e.l.f. Cosmetics launches virtual styling experience on ZEPETO
The company announced its first virtual styling experience on the ZEPETO platform, titled “Express Your e.l.f.”
EQUITY | Oct 12, 2026, 04:06 AM UTC
L
Saudi Railways Adds Overnight Trains Between Qassim and Riyadh
Saudi Arabia Railways will operate two additional overnight trains from Qassim to Riyadh via Majmaah early Sunday, October 11.
MACRO | Oct 12, 2026, 04:06 AM UTC
L
UK Ministers Explore Compulsory AI Safety Reporting - FT
READ HERE
NEWS | Oct 12, 2026, 04:03 AM UTC
L
Pakistan Targets Growth of More Than 4% for 2026
Pakistani Finance Minister Muhammad Aurangzeb discusses the country's financing needs and economic growth outlook. He speaks with Avril Hong on the sidelines of the IMF and World Bank Annual Meetings in Singapore. ()
NEWS | Oct 12, 2026, 04:02 AM UTC
L
Monday's Economic Calendar
Monday's Economic Calendar
NEWS | Oct 12, 2026, 04:02 AM UTC
L
Kotak Securities Sees Rupee Strengthening to 94.50 Against Dollar
Kotak Securities expects the rupee could strengthen to 94.50 against the US dollar in the near term, citing a softer dollar index and lower crude prices.
FX | Oct 12, 2026, 04:01 AM UTC
L
Former FTX-Linked Bitcoin-Mining Business Is Revived for AI Build-Out
A bitcoin-mining business previously known as Genesis Digital Assets is being resuscitated to serve artificial-intelligence infrastructure demand, according to The Wall Street Journal.
EQUITY | Oct 12, 2026, 04:01 AM UTC
L
Anduril Unveils Steelfin Interceptor Missile Family
Anduril unveiled its configurable, scalable surface-to-air interceptor missile family, designed to address diverse aerial threats.
EQUITY | Oct 12, 2026, 04:01 AM UTC
M
SWI Group Raises €800M at €6.1B Valuation
SWI Group announced an €800M institutional capital increase at a €6.1B final valuation to accelerate expansion of its transatlantic AI infrastructure and compute platform.
EQUITY | Oct 12, 2026, 04:01 AM UTC
M
SWI Group Announces €800 Million Capital Increase at €6.1 Billion Valuation
SWI Group says it raised €800 million in institutional capital at a final valuation of €6.1 billion to expand its transatlantic AI infrastructure and compute platform.
EQUITY | Oct 12, 2026, 04:00 AM UTC
M
Asian session market picture: S&P 500 +0.32%, Nasdaq 100 +0.4%; USD/JPY -0.01%, WTI -1.79%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.32 percent, Nasdaq futures is up 0.4 percent, Dow futures is up 0.38 percent and Russell futures is up 0.39 percent. In currencies, the dollar index
EQUITY | Oct 12, 2026, 04:00 AM UTC
L
New Zealand Dollar Pinned Near Multi-Month Lows
The New Zealand dollar slipped to $0.560, hovering near its lowest level since November 2025, amid a sluggish economy and growing interest rate differentials between New Zealand and other major nations. The kiwi faces gr
CENTRAL_BANK | Oct 12, 2026, 03:58 AM UTC
L
AST SpaceMobile Satellites Reach Florida as FCC Clears 900-MHz Test
AST SpaceMobile said its next three BlueBird satellites reached Florida, and the FCC cleared a 30-day test of the company’s 900-MHz capabilities. ASTS shares rose 1% overnight after falling 10% Friday to close at $50.97.
EQUITY | Oct 12, 2026, 03:57 AM UTC
M
DMart Shares Fall 3% After Q2 Results Highlight Margin Pressure
Avenue Supermarts shares fell 3% in early trade after fiscal second-quarter results showed profitability pressure, despite improved revenue growth and consumer demand. The stock traded around Rs 3,411.
EQUITY | Oct 12, 2026, 03:56 AM UTC
L
Rupee Rebounds on Fresh RBI Measures
The Indian rupee strengthened to around 95.82 per dollar, rebounding from near all-time lows as the Reserve Bank of India (RBI) introduced additional measures to curb depreciation pressures. Effective October 12, the cen
CENTRAL_BANK | Oct 12, 2026, 03:55 AM UTC
M
Ve Wong Reports September Revenue of NT$451.5 Million
Ve Wong reported September revenue of NT$451,487,000, compared with NT$448,993,000 a year earlier. January–September revenue was NT$3,953,776,000 versus NT$4,302,868,000.
EARNINGS | Oct 12, 2026, 03:54 AM UTC
L
Traders: India Sold Dollars In Onshore Mkt To Support Rupee
Traders: India Sold Dollars In Onshore Mkt To Support Rupee
NEWS | Oct 12, 2026, 03:54 AM UTC
L
Citi on Maneuvering Limited Government Fiscal Space
Stephanie von Friedeburg, Head of the Public Sector Group at Citi, discusses the issues that are top of mind for governments and central banks. She speaks with Avril Hong on the sidelines of the IMF and World Bank Annual
NEWS | Oct 12, 2026, 03:52 AM UTC
L
Jefferies Raises Tesla Inc Target Price To $400 From $350
Jefferies Raises Tesla Inc Target Price To $400 From $350
NEWS | Oct 12, 2026, 03:52 AM UTC
L
Sitharaman Meets Global Financial Leaders to Discuss India Investment
Indian Finance Minister Nirmala Sitharaman met executives from five global financial institutions and investment firms in Singapore to discuss expanding engagement in India, including infrastructure financing, private cr
REGULATION | Oct 12, 2026, 03:51 AM UTC
M
Lenskart Solutions Shares Fall 5% After ₹1,895 Crore Block Deals
A total of 2.93 crore shares, or 1.67% of Lenskart’s equity, changed hands at ₹647 per share. The official buyers and sellers are not yet known; Alphawave is a likely seller, according to the headline.
EQUITY | Oct 12, 2026, 03:51 AM UTC
M
Indian Rupee Climbs 1% After RBI Moves to Curb Dollar Demand
The rupee opened 1% higher on Monday after the RBI redirected oil companies’ dollar purchases away from the spot market and introduced measures expected to temper corporate demand for forward dollars.
FX | Oct 12, 2026, 03:50 AM UTC
M
Spot gold may extend gains to $4,233
Spot gold may extend to $4,233 per ounce, with $4,184 cited as a level above which the metal may climb.
COMMODITIES | Oct 12, 2026, 03:50 AM UTC
M
U.S. Stock Futures Rise After Russia-Ukraine Energy Ceasefire Announcement
U.S. stock futures edged higher late Sunday after oil prices fell following President Donald Trump's announcement that Russia and Ukraine agreed to an energy ceasefire effective immediately. At 11:27 p.m. EDT, Dow future
EQUITY | Oct 12, 2026, 03:50 AM UTC
H
Wheat Extends Drop as Trump Remarks Fuel Black Sea Truce Hopes
Wheat declined for a fourth day after US President Donald Trump said Russia and Ukraine had agreed to an immediate “energy ceasefire,” raising hopes that an easing of hostilities could reduce Black Sea disruptions.
GEOPOLITICS | Oct 12, 2026, 03:50 AM UTC
L
UAE's Gargash: pressing need to revive joint Gulf action, especially on security and defense
UAE's Gargash: pressing need to revive joint Gulf action, especially on security and defense
NEWS | Oct 12, 2026, 03:50 AM UTC
L
UAE presidential adviser: targeting Saudi Arabia jeopardizes security of UAE and all Gulf states
UAE presidential adviser: targeting Saudi Arabia jeopardizes security of UAE and all Gulf states
NEWS | Oct 12, 2026, 03:50 AM UTC
L
UAE Official: Need For Joint Gulf Action In Security, Defense
UAE Official: Need For Joint Gulf Action In Security, Defense
NEWS | Oct 12, 2026, 03:49 AM UTC
M
Tata Motors Raises Iveco Offer as Major Investors Hold Out
Tata Motors raised its offer price for Iveco Group, but three major institutional shareholders have yet to tender shares. The tender offer had attracted acceptances for 28.4%; the deadline is October 26.
EQUITY | Oct 12, 2026, 03:49 AM UTC
L
China Agrees to Halve Hybrid Car Exports to EU
Beijing agreed to cut hybrid exports to the bloc to about 400,000 vehicles a year. The report says the move reflects confidence that BYD, Geely and rivals can expand European production, while sacrificing growth for smal
EQUITY | Oct 12, 2026, 03:48 AM UTC
L
Saudi NWC Completes Sewer Projects Worth More Than SAR214 Million
Saudi Arabia’s National Water Company says it completed sewer system projects in Baljurashi governorate, Al Baha Region, at a total cost of more than SAR214 million ($56 million).
MACRO | Oct 12, 2026, 03:48 AM UTC
L
Riyadh to Host World Stadiums & Arenas Summit on October 14–15
Riyadh will host the second edition of the World Stadiums & Arenas Summit on October 14–15, 2026, at Hilton Riyadh. The event will bring together government officials, investors, developers and industry experts to discus
EQUITY | Oct 12, 2026, 03:47 AM UTC
L
Prabhudas Lilladher Cuts Avenue Supermarts Rating to Reduce, Sets Rs 3,214 Target
The brokerage cut its FY27, FY28 and FY29 estimates by 4.4%, 3.2% and 4.4%, respectively, and lowered its rating from Hold to Reduce. It cited heightened competition from quick-commerce players and limited pricing power
EQUITY | Oct 12, 2026, 03:46 AM UTC
L
Barclays Economists Expect PBOC to Tolerate Gradual Yuan Appreciation
Barclays economists say the PBOC is expected to tolerate further gradual yuan appreciation. China’s central bank rejected claims the yuan is undervalued last week.
FX | Oct 12, 2026, 03:46 AM UTC
M
Rupee Rises 98 Paise to 95.75 per Dollar as RBI Curbs Demand
The rupee opened stronger against the US dollar after the RBI stepped up efforts to curb dollar demand. A new foreign-exchange rule is expected to raise costs and temper forward dollar buying, affecting forward premiums.
FX | Oct 12, 2026, 03:46 AM UTC
H
South Korean Won Hits 2-Year High
The South Korean won traded around 1,333 per dollar, reaching its strongest level since October 2024, as robust export growth and a trade surplus supported the currency. South Korea’s exports more than doubled year-on-ye
CENTRAL_BANK | Oct 12, 2026, 03:45 AM UTC
L
Ampo Poyam Valves Wins Contract to Supply Ruwais LNG Project
Ampo Poyam Valves secured a contract to supply more than 600 cryogenic ball valves for the Ruwais LNG project in Abu Dhabi.
EQUITY | Oct 12, 2026, 03:44 AM UTC
L
Dubai Integrated Economic Zones Doubles Oraseya Fund to $272 Million
The authority said Oraseya Capital’s venture capital fund has doubled from AED500 million to AED1 billion, or $136 million to $272.2 million.
EQUITY | Oct 12, 2026, 03:40 AM UTC
L
JP Morgan Raises Hapag-Lloyd Ag Target Price To EUR 90 From EUR 75
JP Morgan Raises Hapag-Lloyd Ag Target Price To EUR 90 From EUR 75
NEWS | Oct 12, 2026, 03:39 AM UTC
L
US Oil May Fall Into $87.62-$88.78 Range, Technical Analysis Says
The report says NYMEX oil may break support at $89.72 per barrel after twice failing to break resistance at $92.53.
ENERGY | Oct 12, 2026, 03:37 AM UTC
L
Skyscanner Launches Travel Trends 2027 Report on Saudi Holiday Habits
The report highlights emerging travel behaviours, trending destinations and opportunities for Saudi travellers to find better value when planning next year's holidays.
MACRO | Oct 12, 2026, 03:37 AM UTC
L
US Green-Card Sponsorship Freeze Hits Route Indian IT Firms Were Already Leaving
An analysis of at least 17 years of US government data found that the Trump administration's freeze on green-card sponsorship affects a route India's top IT services firms had already been retreating from.
REGULATION | Oct 12, 2026, 03:35 AM UTC
L
Rupee Set to Rebound on RBI Curbs, but Depreciation Pressure Persists
The rupee is expected to open stronger after RBI measures to curb speculative bets and divert dollar demand from the spot market. Market experts say the relief may be short-lived.
FX | Oct 12, 2026, 03:35 AM UTC
L
Encalm Plans Expansion Beyond Airport Lounges Into Hotels and Motels
Encalm Hospitality plans to develop premium hotels in metros and motels along highways, targeting a Rs.5,000-crore business over the next five years. It initially plans to acquire land for five-star hotels.
EQUITY | Oct 12, 2026, 03:35 AM UTC
L
Indian Insurers Face Muted Growth and Claims Pressure
Analysts expect modest business growth in the July-September quarter, with subdued life insurance sales, elevated general insurance claims and regulatory uncertainty shaping earnings.
EQUITY | Oct 12, 2026, 03:35 AM UTC
L
India Finance Minister Invites Investors to Boost Investment
Nirmala Sitharaman met senior executives of global financial institutions and investment firms in Singapore and invited them to invest in infrastructure, capital markets, renewable energy, artificial intelligence and oth
REGULATION | Oct 12, 2026, 03:35 AM UTC
L
NTPC in Talks With Eskom on Possible Green Energy Partnership
South Africa's high commissioner to India said NTPC and Eskom are discussing the modalities of a possible green energy partnership.
EQUITY | Oct 12, 2026, 03:35 AM UTC
L
SkyAI Board Rejects Forward Industries’ Latest Acquisition Proposal
SkyAI’s board rejected Forward Industries’ latest unsolicited, non-binding acquisition proposal.
MNA | Oct 12, 2026, 03:33 AM UTC
L
SkyAI Expects Offer to Begin Around Oct. 15
SkyAI expects the offer to commence on or about Oct. 15 and anticipates it will continue for 10 business days.
EQUITY | Oct 12, 2026, 03:33 AM UTC
L
Saudi Arabia and UAE Sign Deal to Advance Rail Connectivity
Saudi Arabia and the UAE signed a memorandum of understanding in Riyadh to strengthen cooperation on railway connectivity.
EQUITY | Oct 12, 2026, 03:33 AM UTC
M
SkyAI Intends to Launch Cash Tender Offer at $3.00
SkyAI says it intends to commence a cash tender offer for its common stock and pre-funded warrants at $3.00 each.
EQUITY | Oct 12, 2026, 03:33 AM UTC
L
SkyAI Plans to Purchase Up to 95% of Each Class of Its Outstanding Securities
SkyAI plans to purchase up to 95% of each class of its outstanding common stock and listed warrants.
EQUITY | Oct 12, 2026, 03:33 AM UTC
L
IMF Managing Editor Georgieva: We Are Already Seeing First Wave Of Impact From AI; It Is A Demand Shock, An Investment Shock
US, China And India Are Most Important AI Producers; Investments Are Keeping World Growth At Around 3% AI Could Boost Growth In Asia Between 0.5 To 1% Even In Emerging Asia Ai Could Boost Growth Between 0.2 To 0.8% We Es
GEOPOLITICS | Oct 12, 2026, 03:32 AM UTC
L
UOB Kay Hian Lowers United Hampshire US REIT Target Price to US$0.63
UOB Kay Hian lowered its target price for United Hampshire US REIT to US$0.63 from US$0.69.
EQUITY | Oct 12, 2026, 03:31 AM UTC