Fri, Oct 16, 2026 - Page 52
6804 indexed SquawkNews stories from this UTC day. Showing 6121-6240.
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Cyient DLM shares fall as much as 17% after Q2 results
The shares fell as much as 17% on Friday after the company reported second-quarter results following Thursday’s market close. Revenue grew 27% year over year, while margins were hit.
EQUITY | Oct 16, 2026, 04:31 AM UTC
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Prabhudas Lilladher Recommends Buying Polycab India, Sets Rs 11,083 Target
The broker cites Q2FY27 revenue growth of 47% year over year and domestic wires and cables revenue growth of 50%.
EQUITY | Oct 16, 2026, 04:31 AM UTC
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Prabhudas Lilladher Recommends Buying HDFC Life, Sets Rs 765 Target
The broker’s report cites Q2FY27 APE growth of about 13% year over year, HDFC Bank channel volume growth of 12% and agency momentum of 13%.
EQUITY | Oct 16, 2026, 04:31 AM UTC
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One Singapore ship was sunk, but here's why others are still transiting the Strait of Hormuz
Singapore vessels are set to continue navigating the perilous Strait of Hormuz despite attacks on two container ships, said maritime experts.
NEWS | Oct 16, 2026, 04:30 AM UTC
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SGX SICOM November TSR20 Rubber Rises 0.9 Cent to 255.6 U.S. Cents/kg
COMMODITIES | Oct 16, 2026, 04:30 AM UTC
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SGX Sicom December RSS3 Rubber Untraded at Midday
COMMODITIES | Oct 16, 2026, 04:30 AM UTC
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SGX SICOM January RSS3 rubber rises 0.8 cent to 280.8 U.S. cents/kg
COMMODITIES | Oct 16, 2026, 04:30 AM UTC
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Asian session market picture: S&P 500 +0.08%, Nasdaq 100 +0.04%; USD/JPY -0.08%, WTI -0.7%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.08 percent, Nasdaq futures is up 0.04 percent, Dow futures is up 0.09 percent and Russell futures is up 0.18 percent. In currencies, the dollar inde
EQUITY | Oct 16, 2026, 04:30 AM UTC
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New Zealand Dollar Rises to Two-Week Highs Against US Dollar and Yen
The New Zealand dollar rose to more than two-week highs of 0.5656 against the US dollar and 89.28 against the yen, from previous closes of 0.5620 and 88.88, respectively.
FX | Oct 16, 2026, 04:30 AM UTC
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BIO — UV Group Names Boris Delmas Solutions Sales Director, Effective Nov. 1
BIO-UV Group appoints Boris Delmas as sales director for its Solutions division, effective November 1, 2026. The appointment completes the commercial organization’s restructuring around three divisions: Products, Solutio
NEWS | Oct 16, 2026, 04:28 AM UTC
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BRIEF — India cenbank sets underwriting commissions for Oct 16 bond auction
Oct 16 (Reuters) — The Reserve Bank Of India: India cenbank sets underwriting commission of 0.0038 rupee per 100 rupees for 2036 bonds (Bengaluru Newsroom) (ReutersIndia.snapping@thomsonreuters.com:+91 80 6749 1310)
NEWS | Oct 16, 2026, 04:27 AM UTC
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UPDATE 1 — India's Jio Financial Services falls after quarterly profit halves
(Adds details and background from paragraph 3) Oct 16 (Reuters) — Shares of India's Jio Financial Services fell more than 2% on Friday and were among the top losers on the Nifty 50, after the non-bank lender reported a s
EARNINGS | Oct 16, 2026, 04:27 AM UTC
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BUZZ — Australia's Manuka Resources rises as Wonawinta reaches full gold capacity
* Shares of Australia's Manuka Resources rise as much as 12.5% to A$0.054, logging their biggest intraday gain since August 21 * Precious metals miner says Wonawinta processing facility in New South Wales has reached ful
COMMODITIES | Oct 16, 2026, 04:27 AM UTC
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UPDATE 1 — India's Wipro gains after quarterly revenue beat offsets concerns over weak deal wins
(Adds details, analyst comments paragraph 2 onwards) Oct 16 (Reuters) — Wipro shares rose nearly 4% on Friday after the IT firm's second-quarter revenue beat estimates and the company signaled that delayed large deals co
EARNINGS | Oct 16, 2026, 04:27 AM UTC
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BUZZ — Australia's Maggie Beer Holdings rises as company retains hampers and gifts unit
* Shares of premium foods business Maggie Beer Holdings rise 5.4% to A$0.059, on track for their best day since October 8, if gains hold * Company decides to retain its hampers and gifts business, Hampers and Gifts Austr
EQUITY | Oct 16, 2026, 04:27 AM UTC
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Indonesia bourse to engage with MSCI after warning, offer reform evidence
JAKARTA, Oct 16 (Reuters) — The Indonesia Stock Exchange said on Friday it will soon communicate with MSCI to respond seriously to its warning and provide it with stronger evidence of reforms. Listed companies on the exc
EQUITY | Oct 16, 2026, 04:27 AM UTC
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Strive prices upsized $630M IPO of SATS preferred stock
Strive prices upsized $630M IPO of SATS preferred stock
EQUITY | Oct 16, 2026, 04:27 AM UTC
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Jio Financial Services Shares Fall After Quarterly Profit Halves
Jio Financial Services shares fell more than 2% on Friday after the non-bank lender reported a sharp drop in second-quarter profit. The stock was last down 1.7% at 215.2 rupees as of 9:52 a.m. IST.
EQUITY | Oct 16, 2026, 04:27 AM UTC
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Indonesia Exchange to Respond to MSCI Warning With Reform Evidence
The Indonesia Stock Exchange said it will soon communicate with MSCI and provide stronger evidence of reforms in response to MSCI’s warning.
EQUITY | Oct 16, 2026, 04:24 AM UTC
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Wipro Shares Rise 3% After Second-Quarter Revenue Beat
Wipro shares rose 3% Friday as investors responded to a second-quarter revenue beat and signs delayed large deals could support growth, despite weak deal bookings and a subdued near-term outlook.
EARNINGS | Oct 16, 2026, 04:24 AM UTC
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Dong — A Socio Holdings Subsidiary Wins KRW 13.5 Billion Drug Manufacturing Contract
Dong-A Socio Holdings' subsidiary signed a KRW 13.5 billion pharmaceutical contract manufacturing agreement with a global drugmaker. The contract represents 13% of the subsidiary's 2025 standalone revenue. Signed Oct. 16
NEWS | Oct 16, 2026, 04:24 AM UTC
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Nidec Receives Report on Executive Liability in Improper Accounting Probe
Nidec received an investigation report today on potential executive liability for improper accounting within its group. The committee, announced March 13, 2026, examined whether current and former executives breached the
NEWS | Oct 16, 2026, 04:24 AM UTC
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Bakrieland Development Announces Extraordinary Shareholders Meeting
Bakrieland Development will hold an extraordinary shareholders meeting on October 26, 2026, at Hotel The Grove Suites in South Jakarta. Shareholders will vote on amending Article 3 of the articles of association to align
EQUITY | Oct 16, 2026, 04:24 AM UTC
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Nomura Sets Samsung SDS Target Price at KRW250,000
EQUITY | Oct 16, 2026, 04:24 AM UTC
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Nomura Starts Samsung SDS at Buy
EQUITY | Oct 16, 2026, 04:23 AM UTC
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Nidec Receives Report on Executive Responsibility Investigation
Nidec received a committee report on improper accounting and plans board meetings today to review it, consider legal actions and disclose near-term measures. A redacted version will be released.
EQUITY | Oct 16, 2026, 04:23 AM UTC
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e — Starco Corrects Semiannual Report to Add Omitted Treasury Stock Report
e-Starco issued an Oct. 16, 2026 correction to its first-half report, originally filed Aug. 14, addressing a treasury-stock reporting omission. Disclaimer: This news brief was created by Public Technologies (PUBT) using
EQUITY | Oct 16, 2026, 04:23 AM UTC
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Anthropic secured highest junk credit rating in June
Kroll Bond Rating Agency’s judgment sets up AI lab for investment-grade status
NEWS | Oct 16, 2026, 04:23 AM UTC
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UK government courted UBS over London HQ move
Rachel Reeves pitched the City as alternative home for Swiss bank, which is weighing its options amid new capital proposals
NEWS | Oct 16, 2026, 04:23 AM UTC
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Canary Wharf developer George Iacobescu overseeing new London skyscraper
‘The man who built Canary Wharf’ working with insurer AmTrust on plans for a 70-storey City office tower
NEWS | Oct 16, 2026, 04:23 AM UTC
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Nidec Announces Receipt of an Investigation Report from the Executive Responsibility Investigation Committee
For best results when printing this announcement, please click on link below: Nidec Announces Receipt of an Investigation Report from the Executive Responsibility Investigation Committee As announced in the press release
NEWS | Oct 16, 2026, 04:23 AM UTC
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Nidec Receives Executive Responsibility Investigation Committee Report
Nidec said it received a report from its Executive Responsibility Investigation Committee.
EQUITY | Oct 16, 2026, 04:23 AM UTC
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BREAKINGVIEWS — China biotech's ingenuity extends to dealmaking
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Katrina Hamlin HONG KONG, Oct 16 (Reuters Breakingviews) — Chinese drugmakers' 2026 overseas licensing deals just hit $139 bln, be
GEOPOLITICS | Oct 16, 2026, 04:22 AM UTC
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Google Quantum Advance Brings Bitcoin Security Threat Closer, Bitrue Says
Google's Willow quantum breakthrough narrows the timeline for threats to Bitcoin security, though current technology cannot break its cryptography. Magic state cultivation reduced quantum errors 40-fold, achieving 99.99%
CRYPTO | Oct 16, 2026, 04:22 AM UTC
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IDB Invest, Proparco Expand Partnership to Mobilize Private Investment in Latin America and Caribbean
IDB Invest and Proparco strengthened their partnership through an enhanced cooperation agreement to mobilize private capital in Latin America and the Caribbean. The agreement streamlines co-financing to deploy capital mo
NEWS | Oct 16, 2026, 04:22 AM UTC
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China Drugmakers’ 2026 Overseas Licensing Deals Reach $139 Billion
Chinese drugmakers’ overseas licensing deals in 2026 have reached $139 billion, surpassing last year’s record. Hengrui Pharma is cited at $44 billion.
EQUITY | Oct 16, 2026, 04:22 AM UTC
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Aptiv 12-Month Price Target Cut to $64.12, 42% Upside Implied
A price-target update for Aptiv implies 42% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Unilever 12-Month Price Target Cut to GBX 5,081.17, Implies 3% Upside
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Fate Therapeutics 12-Month Price Target Cut to $6.07
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Karman Holdings 12-Month Price Target Cut to $81.75
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Transocean 12-Month Price Target Raised to $6.53
EQUITY | Oct 16, 2026, 04:20 AM UTC
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PagSeguro Digital 12-Month Price Target Cut to $11.34
The reported target implies 2% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Mobileye 12-Month Price Target Raised to $11.22
The revised target implies 51% upside, according to the headline.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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FTAI Aviation 12-Month Price Target Cut to $351
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Alcoa 12-Month Price Target Cut to $61.93, Implies 53% Upside
EQUITY | Oct 16, 2026, 04:20 AM UTC
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StoneCo 12-Month Price Target Raised to $15.01
The price target was raised to $15.01, implying 32% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Range Resources 12-Month Price Target Cut to $45.54
The 12-month price target for Range Resources was cut to $45.54, implying 10% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Intuitive Machines 12-Month Price Target Cut to $30.45
The headline reports a 12-month price target cut to $30.45, while stating it implies 163% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Interactive Brokers Group Price Target Raised to $106.77
A 12-month price target for Interactive Brokers Group was raised to $106.77, implying 24% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Expand Energy 12-Month Price Target Cut to $122.07
The revised target implies 34% upside.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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Kratos Defense & Security Solutions 12-Month Price Target Cut to $98.38
The headline reports a cut to the stock’s 12-month price target to $98.38; it does not identify the analyst or prior target.
EQUITY | Oct 16, 2026, 04:20 AM UTC
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J.P. Morgan and Affiliates Raise Koh Young Technology Stake to 7.61% From 7.02%
J.P. Morgan Securities and affiliates increased their Koh Young Technology stake to 7.61% from 7.02% on October 13, 2026. Combined holdings rose by 403,064 shares to 5,188,268 shares. The stake is held for investment pur
EQUITY | Oct 16, 2026, 04:19 AM UTC
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Turkey — Factors to Watch on Oct 16
ISTANBUL, Oct 16 (Reuters) — Here are news, reports and events that may affect Turkish financial markets on Friday. The lira was quoted at 49.5200-49.5275 against the U.S. dollar at 0414 GMT, after closing at 49.5400 on
CENTRAL_BANK | Oct 16, 2026, 04:19 AM UTC
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MEDIA — Blue Owl’s Clarke plays down software risks, touts data centers — Bloomberg News
Source link: — Note: Reuters has not verified this story and does not vouch for its accuracy (globalnewsmonitoring@thomsonreuters.com)
NEWS | Oct 16, 2026, 04:19 AM UTC
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Blue Owl’s Clarke Plays Down Software Risks, Touts Data Centers
EQUITY | Oct 16, 2026, 04:18 AM UTC
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India’s Supreme Court Upholds Insolvency Proceedings Against GSTAAD Hotels
The court also upheld proceedings against GSTAAD Hotels’ arm Neo Capricorn Plaza, clearing the way for Shree Naman Developers to implement its approved 1,800-crore resolution plan for both companies.
EQUITY | Oct 16, 2026, 04:18 AM UTC
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India’s Budget Smartphone Market Set for More Homegrown Brands
Rising memory chip prices are prompting global players to pare their presence in India’s sub-₹20,000 smartphone segment, creating an opening for local companies to offer affordable options.
EQUITY | Oct 16, 2026, 04:18 AM UTC
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BREAKINGVIEWS — Gold Fields' $27 bln play may stay in M&A pit
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Antony Currie MELBOURNE, Oct 16 (Reuters Breakingviews) — The South African miner's offer for rival Northern Star seems logical. B
COMMODITIES | Oct 16, 2026, 04:17 AM UTC
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India Invites Stakeholder Views on Two Coal Exchange Applications
India’s coal ministry invited comments on applications from subsidiaries of Indian Energy Exchange and Multi Commodity Exchange of India to set up coal exchanges.
REGULATION | Oct 16, 2026, 04:17 AM UTC
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MNRB Sets Dividend Reinvestment Share Price at RM 2.39
MNRB Holdings fixed the issue price for new shares under its dividend reinvestment plan at RM 2.39 per share. The plan applies to 5 sen per share, representing 33.3% of the 15 sen final dividend. The dividend for the fin
EQUITY | Oct 16, 2026, 04:17 AM UTC
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MNRB — Notice of Book Closure
MNRB — Notice of Book Closure MNRB HOLDINGS BERHAD Final dividend of 15.0 sen per ordinary share in MNRB Holdings Berhad for the financial year ending 31 March 2026 Kindly be advised of the following: 1) The above Compan
EQUITY | Oct 16, 2026, 04:17 AM UTC
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Tech Mahindra Q2 Net Profit Rises 33% to Rs 1,586 Crore
Tech Mahindra reported September-quarter net profit of Rs 1,586 crore, up 32.7% year over year and 8.3% sequentially.
EQUITY | Oct 16, 2026, 04:17 AM UTC
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Xperix and Affiliates’ xPlus Shareholding Falls to 38.04% From 40.64%
Xperix and related parties’ shareholding in xPlus fell to 38.04% from 40.64% as of October 16, 2026. Holdings remained unchanged at 11,629,545 shares and share equivalents as outstanding voting shares increased by 1,954,
EQUITY | Oct 16, 2026, 04:17 AM UTC
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Sunjin Beauty Science Auditor Kang Hakhee Buys 4,721 Shares, Takes 0.04% Stake
Sunjin Beauty Science auditor Kang Hakhee bought 4,721 common shares on Oct. 15, 2026, establishing a 0.04% stake. The open-market purchase price was KRW 6,706 per share, according to the Oct. 16 disclosure. Disclaimer:
EQUITY | Oct 16, 2026, 04:17 AM UTC
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Wipro’s September-Quarter Performance Was Subdued
Wipro’s dollar-denominated revenue shrank for a second consecutive quarter, while new-deal activity was subdued, according to ET Intelligence Group.
EARNINGS | Oct 16, 2026, 04:17 AM UTC
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South Indian Bank Plans Credit Card Business With Proprietary Platform
Managing director Mahesh Muralidhar Pai said the bank plans to enter the credit card business using a proprietary technology platform. It also aims to raise RAM loans to 65% of its portfolio within three years.
EQUITY | Oct 16, 2026, 04:17 AM UTC
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IOIPG — Notice of Rights Entitlement (Ratio)
IOIPG — Notice of Rights Entitlement (Ratio) IOI PROPERTIES GROUP BERHAD Restricted offer for sale of 550,614,537 units in IOIPG Malaysia Real Estate Investment Trust ("IOIPG REIT") ("Restricted Offer Units") by IOI Prop
EQUITY | Oct 16, 2026, 04:17 AM UTC
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Nestlé India Q2 Net Profit Rises 36% to ₹1,027 Crore
Standalone net profit rose 36% year over year for the quarter ended September, while revenue increased 20% to ₹6,788 crore. The stock fell 7.76% after the company flagged food inflation and commodity costs.
EQUITY | Oct 16, 2026, 04:17 AM UTC
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Elon Musk drives record $273M Q3 haul for GOP Senate PAC
Elon Musk drives record $273M Q3 haul for GOP Senate PAC
NEWS | Oct 16, 2026, 04:17 AM UTC
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Gold Fields-Northern Star Deal Faces Hurdles
Gold Fields' offer for Northern Star faces resistance from the target, which wants more money, while Gold Fields shares have slumped 17%. The report says $5 billion in synergies have not impressed.
MNA | Oct 16, 2026, 04:17 AM UTC
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Indian Automakers Face More Price Hikes as Costs Rise
Rising input and freight costs are prompting expectations of further price increases after the festive season, according to the report.
EQUITY | Oct 16, 2026, 04:17 AM UTC
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PetroChina Nears Restart of Shuttered Northeast China Crude Unit
PetroChina is preparing to restart the mothballed unit next month to replenish domestic fuel stocks until a replacement refinery is built, according to industry and trade sources and a PipeChina tender document.
ENERGY | Oct 16, 2026, 04:17 AM UTC
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RBI Gives Fairfax 15 Years to Cut IDBI Bank Stake to 26%
The Reserve Bank of India gave Fairfax Financial Holdings 15 years to reduce its stake in IDBI Bank to 26%.
REGULATION | Oct 16, 2026, 04:17 AM UTC
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Yes Bank’s Common Equity Tier 1 Capital Seen Falling
Rating agencies and analysts expect Yes Bank’s loss-absorbing Common Equity Tier 1 capital buffer to decline by 230 basis points.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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Prem Watsa Sees India Boom Continuing Over Next Decade
Prem Watsa said in an interview that India’s economic boom will continue over the next decade. His $5.6 billion bet on IDBI Bank is backed by that conviction.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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Sensex Rises 2.11% as Indian Equities Rebound
The Sensex gained 1,533.72 points to 74,315.61, while the Nifty rose 374.65 points, or 1.66%, to close at an unspecified level on Thursday.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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Jio Platforms Says IPO Priced Accessibly; Proceeds to Help Clear $3 Billion Net Debt
Isha Ambani said the upcoming public issue was priced accessibly to let investors benefit from Jio Platforms' future growth. The proceeds are intended to help clear $3 billion in net debt.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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Indian Homegrown Firms Enter Budget Smartphone Market as Global Rivals Retreat
Rising memory-chip prices have led global smartphone makers to reduce their presence in India's sub-Rs 20,000 segment, opening space for local companies, the report says.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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India Supreme Court Ruling Reverses Yes Bank AT1 Write-Down
The Supreme Court reversed Yes Bank’s write-down of more than $800 million in additional Tier 1 capital, affecting its loss-absorbing capital buffer.
REGULATION | Oct 16, 2026, 04:16 AM UTC
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Canara Bank and Indian Bank Have ₹1.10 Lakh Crore Loan Pipeline
The banks have a combined corporate loan pipeline of ₹1.10 lakh crore, reflecting steady demand from Indian companies. The report says rising bond yields have made bank borrowing more attractive.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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HDFC Life Reports 14% Rise in September-Quarter Profit
Standalone net profit rose to ₹508 crore from ₹447 crore a year earlier. Premium income increased as the insurer expanded sales of non-participating savings and annuity products.
EARNINGS | Oct 16, 2026, 04:16 AM UTC
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Bonfiglioli Plans Rs2,534 Crore Offer for Sale Ahead of IPO
The promoter group's stake is expected to fall to 77% from 100% after the IPO.
EQUITY | Oct 16, 2026, 04:16 AM UTC
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Indian Banks Report Double-Digit Profit Growth in July–September Quarter
Banks that have reported quarterly results so far posted double-digit net profit growth, supported by core income, while subdued treasury earnings reflected mark-to-market losses amid rising bond yields.
EARNINGS | Oct 16, 2026, 04:16 AM UTC
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India Seeks Comments on IEX and MCX Coal Exchange Applications
India’s coal ministry invited stakeholder comments on applications from subsidiaries of Indian Energy Exchange and Multi Commodity Exchange of India to set up coal exchanges.
REGULATION | Oct 16, 2026, 04:16 AM UTC
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CRWV, OPEN and SOFI Hit Fresh 52-Week Lows
CoreWeave, Opendoor Technologies and SoFi Technologies hit fresh 52-week lows on Thursday. The report cites rising debt costs, a sluggish housing market and profit pressures.
EQUITY | Oct 16, 2026, 04:15 AM UTC
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Luxury Car Price Hikes Offset Most Gains From India GST Cut
Regular price increases by Mercedes-Benz, BMW and Audi to offset higher costs have eroded most of the gains from India’s goods and services tax cut, according to the report.
EQUITY | Oct 16, 2026, 04:15 AM UTC
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The secret fight around financial flows
Quicker responses to trade challenges mean companies can free up capital
NEWS | Oct 16, 2026, 04:13 AM UTC
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How Trump’s America fell in love with UFC
For politicians, celebrities and tycoons, the brutal Ultimate Fighting Championship has become a vote-winner and money-spinner like no other
NEWS | Oct 16, 2026, 04:13 AM UTC
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US business leaders are waking up to the perils of plutopopulism
Companies wanted a president who would cut taxes and rules, they got one who has blown holes in free trade and global alliances
NEWS | Oct 16, 2026, 04:13 AM UTC
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MEDIA — UK government courted UBS over London HQ move — FT
Source link: — Note: Reuters has not verified this story and does not vouch for its accuracy (globalnewsmonitoring@thomsonreuters.com)
NEWS | Oct 16, 2026, 04:12 AM UTC
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African Markets — Factors to watch on October 16
NAIROBI, Oct 16(Reuters) — The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. — - — - — GLOBAL MARKETS Asian stoc
CENTRAL_BANK | Oct 16, 2026, 04:12 AM UTC
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Fed's Warsh says AI path will be 'very bumpy' but ultimately 'very good' for wealth
Warsh said he's optimistic that AI will make economies that use it well more productive and wealthier, warning the road there will be "very bumpy."
CENTRAL_BANK | Oct 16, 2026, 04:11 AM UTC
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Copper Advances as Dollar Weakens
Copper futures climbed toward $6.60 per pound on Friday, snapping a three-session losing streak as the US dollar weakened amid concerns over a potential slowdown in the AI capital expenditure boom that has supported the
COMMODITIES | Oct 16, 2026, 04:10 AM UTC
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Formosa to reduce refinery output in October — November during maintenance, exec says
SINGAPORE, Oct 16 (Reuters) — Formosa Petrochemical is reducing crude oil processing at its refinery in Mailiao, Taiwan, as it conducts maintenance at several units, the company's president said. The refiner, among Asia'
COMMODITIES | Oct 16, 2026, 04:09 AM UTC
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GMB Korea Executive 최완욱 Raises Stake to 0.31% From 0.26%
GMB Korea executive Choi Wan-uk increased his stake to 0.31% from 0.26%, holding 60,000 common shares. He bought 10,000 common shares on Oct. 8, 2026, at KRW 3,798 each, according to an Oct. 16 disclosure. Disclaimer: Th
EQUITY | Oct 16, 2026, 04:09 AM UTC
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Palm Oil Rallies on Supply Concerns, Eyes Second Weekly Gain
Malaysian palm oil futures surged more than 3% to above MYR 4,750 per tonne, erasing prior losses and hitting a three-week high. Firmer edible oils on China’s Dalian exchange and Chicago markets boosted sentiment, while
MACRO | Oct 16, 2026, 04:07 AM UTC
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POSCO Pursues Joint Venture With JSW Steel to Build Integrated Steel Mill in India
POSCO is pursuing a joint venture with JSW Steel to build an integrated steel mill in India. The venture forms part of the group's “Triple-Core” strategy to expand in overseas markets through localized investment. Discla
NEWS | Oct 16, 2026, 04:07 AM UTC
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MEDIA — Anthropic secured highest junk credit rating in June — FT
Source link: — Note: Reuters has not verified this story and does not vouch for its accuracy (globalnewsmonitoring@thomsonreuters.com)
NEWS | Oct 16, 2026, 04:07 AM UTC
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Anthropic Secured Highest Junk Credit Rating in June
The Financial Times reported that Anthropic secured the highest junk credit rating in June. Reuters said it had not verified the story.
EQUITY | Oct 16, 2026, 04:07 AM UTC
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Warsh and Georgieva discuss openness to new ideas
Fed's Warsh welcomed the acceptance of new ideas from the Fed and G-20 and expressed optimism about the future.
RATES | Oct 16, 2026, 04:07 AM UTC
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Fed's Warsh Says US Investment Boom Has 'Plenty of Tailwinds'
In a Q&A with IMF chief Kristalina Georgieva, Warsh said inflation is not confined to the US and anti-inflation efforts are not either.
RATES | Oct 16, 2026, 04:06 AM UTC
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CelcomDigi and Maxis Spectrum Awards Could Improve Network Efficiency
Hong Leong IB analyst Toh Woo Kim says additional spectrum adjacent to existing holdings is expected to improve network capacity and efficiency. The awards are worth 381.8 million ringgit for CelcomDigi and 203 million r
EQUITY | Oct 16, 2026, 04:06 AM UTC
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South Korea's Kospi rises 4.0% to 5777.84
EQUITY | Oct 16, 2026, 04:06 AM UTC
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Kosdaq Rises 5.5% to 802.44
EQUITY | Oct 16, 2026, 04:05 AM UTC
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INDIA STOCKS — Indian shares muted, IT gains offset broad profit — taking
(Updates for markets open) Oct 16 (Reuters) — Indian shares were off to a muted start on Friday, as IT firms rose after Tech Mahindra's upbeat quarterly earnings, offsetting broad-based profit booking. The benchmarks pos
EARNINGS | Oct 16, 2026, 04:04 AM UTC
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Indian Shares Start Muted as IT Gains Offset Profit-Taking
Indian shares opened muted on Friday, with IT firms rising after Tech Mahindra's upbeat quarterly earnings, offset by broad-based profit-taking.
EQUITY | Oct 16, 2026, 04:03 AM UTC
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Malaysia GDP Grows 5.3% in Third Quarter, Advance Data Show
Malaysia's economy grew 5.3% year over year in the third quarter, compared with economists' 5.0% estimate, according to advance data.
MACRO | Oct 16, 2026, 04:03 AM UTC
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Fed Chair Warsh Says US Is Seeing an Investment Surge
Fed Chairman Kevin Warsh says there's a US investment surge thanks in part to sound macroeconomic policy and strong microeconomic foundations, calling it one of the global economy’s most important positive developments.
CENTRAL_BANK | Oct 16, 2026, 04:03 AM UTC
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ANALYSIS — China's super — rich scramble to exit offshore trusts, raise cash as taxman knocks
Deadline to declare trust income is October 22 Authorities find targets from wealth rankings, corporate filings Banks offer loans to wealthy clients for tax payments Lawyers flag uncertainty on scope, retroactive nature
EARNINGS | Oct 16, 2026, 04:02 AM UTC
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DW Energy Group Sees Record US Oil Output in 2026 Supporting Investment Outlook
U.S. crude production will average a record 13,900,000 barrels daily in 2026, versus 13,700,000 in 2025, the Energy Information Administration projects. The October 2026 outlook forecasts production rising to 14,300,000
CENTRAL_BANK | Oct 16, 2026, 04:02 AM UTC
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Minutes, Not Miles: Vinhomes Green Paradise Combines Rapid Transit and Integrated On — Site Ecosystems
EQS Newswire / 16/10/2026 / 06:00 CET/CEST Planned high-speed rail and road links are expected to bring the city center within 20 to 35 minutes of the 2,870-hectare ESG++ coastal urban area in Can Gio, while on-site scho
MACRO | Oct 16, 2026, 04:02 AM UTC
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DIARY — Hong Kong corporate earnings week ahead
Oct 16 (Reuters) — Diary of Hong Kong (.HSI) corporate earnings for the week ahead. Hong Kong Earnings Start Date Start Time (GMT) RIC Company Name Event Name 20-Oct-2026 NTS 300750.SZ Contemporary Amperex Technology Co.
EARNINGS | Oct 16, 2026, 04:02 AM UTC
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Italy — Factors to watch on October 16
The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). Economy ISTAT releases final data on Septe
EARNINGS | Oct 16, 2026, 04:02 AM UTC
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IMF urges Latin America to cut debt, lift productivity while tailwinds last
Oct 16 (Reuters) — The International Monetary Fund urged Latin American governments on Friday to take advantage of still-favorable global conditions to cut public debt and raise productivity, while it warned that a fisca
NEWS | Oct 16, 2026, 04:02 AM UTC
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CoreWeave Shares Fall 2% Overnight as Analyst Reaffirms 150% Upside Target
CoreWeave shares fell 2% in overnight trading late Thursday. An analyst called debt concerns “fearmongering” and reaffirmed a 150% upside target.
EQUITY | Oct 16, 2026, 04:02 AM UTC
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DIARY — China corporate earnings week ahead
Oct 16 (Reuters) — Diary of China (.CSI300) corporate earnings for the week ahead. China Earnings Start Date Start RIC Company Name Event Name Time(GMT) 20-Oct-2026 NTS 600660.SS Fuyao Glass Industry Group Q3 2026 Fuyao
EARNINGS | Oct 16, 2026, 04:02 AM UTC
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BRIEF — ApicHope Says NMPA Issues Drug Registration Certificate On Peramivir Injection
Oct 16 (Reuters) — ApicHope Pharmaceutical Group Co., Ltd.: Nmpa Issues Drug Registration Certificate On Peramivir Injection For Treatment Of Influenza Source text Further company coverage: (Reporting by Hong Kong Newsro
NEWS | Oct 16, 2026, 04:02 AM UTC
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Friday’s Economic Calendar
Friday’s Economic Calendar
NEWS | Oct 16, 2026, 04:02 AM UTC
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Warsh Says Fed’s Power Comes From Institutional Credibility
Warsh said the Fed cannot simply continue doing things as it always has.
RATES | Oct 16, 2026, 04:01 AM UTC
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Collective Metals Announces Private Placement of Units
Collective Metals announced a non-brokered private placement of up to 34,333,333 units, with a combination of non-flow-through and flow-through units.
EQUITY | Oct 16, 2026, 04:01 AM UTC