Fri, Oct 16, 2026 - Page 53
6804 indexed SquawkNews stories from this UTC day. Showing 6241-6360.
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Tech Mahindra Shares Rise 4.4% After Second-Quarter Revenue Beat
Tech Mahindra shares were up 4.4% at 1,721.90 rupees in early trade on Friday after robust deal wins helped the IT services firm beat second-quarter revenue expectations.
EARNINGS | Oct 16, 2026, 04:01 AM UTC
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Wipro Shares Rise 2% After Q2 Results; Nomura Retains Buy Rating
Wipro shares rose 2% in early trade for a second consecutive session after its second-quarter earnings. Nomura maintained its Buy rating and a Rs 200 target price, implying around 15% upside.
EQUITY | Oct 16, 2026, 04:01 AM UTC
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NMPA Issues Registration Certificate for ApicHope Peramivir Injection
ApicHope says China’s National Medical Products Administration issued a drug registration certificate for its peramivir injection.
EQUITY | Oct 16, 2026, 04:00 AM UTC
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Asian session market picture: S&P 500 +0.01%, Nasdaq 100 -0.12%; USD/JPY -0.05%, WTI -0.7%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.01 percent, Nasdaq futures is down 0.12 percent, Dow futures is up 0.1 percent and Russell futures is up 0.2 percent. In currencies, the dollar inde
EQUITY | Oct 16, 2026, 04:00 AM UTC
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Malaysia Economy Grows 5.3% Year on Year in Q3
Official advance estimates showed growth slowed from the previous three-month period.
MACRO | Oct 16, 2026, 04:00 AM UTC
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IMF Urges Latin America to Cut Debt and Lift Productivity
The IMF urged Latin American governments to use favorable global conditions to reduce public debt and raise productivity, warning that fiscal adjustment has stalled in many countries.
REGULATION | Oct 16, 2026, 04:00 AM UTC
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GIWA Raises Western Australia Wheat Harvest Forecast to 10.9 Million Tons
The Grain Industry Association of Western Australia raised its wheat harvest forecast by 864,500 metric tons, citing mild spring temperatures.
COMMODITIES | Oct 16, 2026, 04:00 AM UTC
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BUZZ — Australia's Coventry Group logs best session in a month on strong quarterly results
* Shares of Coventry Group rise as much as 7.1% to A$0.45, logging their biggest intraday gain since September 10 * Stock hits its highest level since October 5 * Industrial products distributor posts Q1 FY27 sales of A$
EARNINGS | Oct 16, 2026, 03:58 AM UTC
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Ukraine's resumption of strikes on Russian refineries is 'disgrace', Trump says
By Jekaterina Golubkova Oct 16 (Reuters) — Ukraine's resumption of strikes on Russian refineries is a 'disgrace' that keeps global energy prices elevated, US President Donald Trump told the Newsmax news outlet in an inte
COMMODITIES | Oct 16, 2026, 03:57 AM UTC
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Collective Metals Plans Private Placement to Raise Up to $515,000
Collective Metals announced a non-brokered private placement to raise up to $515,000. The offering comprises up to 34,333,333 non-flow-through or flow-through units at $0.015 each. Each unit includes one common share, de
NEWS | Oct 16, 2026, 03:57 AM UTC
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BUZZ — HK — listed Tiangong rises most in 4 months on securing European supply deal
* Shares of Tiangong International rise 6.8% to HK$2.58, on track for the biggest one-day pct gain since June 16 * Stock of co, which makes die steel, high speed steel and titanium alloy, set to snap two straight session
EQUITY | Oct 16, 2026, 03:57 AM UTC
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South Korea reviews expanding military mission in Middle East, report says
SEOUL, Oct 16 (Reuters) — South Korea is reviewing an expansion of its military operations in the Middle East, the Kyunghyang Shinmun newspaper reported on Thursday, as the US ally faces pressure from President Donald Tr
GEOPOLITICS | Oct 16, 2026, 03:57 AM UTC
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Hybe shares jump 10% as K-pop sensation BTS' tour lifts earnings hopes
BTS' world tour and rising global demand for newer K-pop acts are fueling earnings expectations, sending Hybe shares soaring.
EARNINGS | Oct 16, 2026, 03:57 AM UTC
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Warsh Declines to Signal on October Rate Decision
Federal Reserve Chairman Kevin Warsh said the central bank was no longer in the business of previewing its decisions and declined to endorse or challenge colleagues’ recent signals that officials are in no rush to raise
CENTRAL_BANK | Oct 16, 2026, 03:57 AM UTC
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Nestle India Falls 8% as Cost Inflation Concerns Pressure Shares
Nestle India shares fell 8% on Thursday amid cost inflation concerns, while ICICI Securities analyst Manoj Menon said the company is better insulated than rural-heavy rivals.
EQUITY | Oct 16, 2026, 03:56 AM UTC
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Warsh Says Prior Fed Board Experience Offers Fresh Perspectives
Warsh said his previous experience on the Federal Reserve board offers fresh perspectives and that the Fed has people with new ideas.
RATES | Oct 16, 2026, 03:56 AM UTC
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Collective Metals Announces Private Placement of Hard Dollar and Flow-Through Units
EQUITY | Oct 16, 2026, 03:55 AM UTC
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Jio Financial Shares Fall 2.3% After Quarterly Profit Slumps 51%
Jio Financial Services reported a 51% slump in second-quarter profit after tax. Shares fell 2.3% to 214.1 rupees on Friday and were among the Nifty 50's top losers.
EQUITY | Oct 16, 2026, 03:54 AM UTC
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India's Yes Bank AT — 1 ruling won't impact ratings despite earnings hit, S&P says
Oct 16 (Reuters) — S&P Global Ratings does not expect India’s Supreme Court ruling against Yes Bank to affect its ratings, though it would weigh on earnings. India's top court set aside the bank's write-off of 84 billion
EARNINGS | Oct 16, 2026, 03:54 AM UTC
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S&P Says India Supreme Court AT1 Ruling Won't Affect Yes Bank Ratings
S&P Global Ratings said the ruling would weigh on Yes Bank's earnings but does not expect it to affect the bank's ratings. India's Supreme Court set aside the bank's 84 billion rupee write-off of additional tier-1 bonds.
EQUITY | Oct 16, 2026, 03:53 AM UTC
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Tesla Unveils Next-Generation Roadster With Cold-Gas Thrusters
Elon Musk unveiled Tesla’s long-awaited next-generation Roadster, which briefly flipped and flew using cold-gas thrusters in short autonomous demonstrations. Tesla shares rose nearly 3% in overnight trading late Thursday
EQUITY | Oct 16, 2026, 03:53 AM UTC
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United Tractors Announces Extraordinary Shareholders Meeting
United Tractors will hold an extraordinary shareholder meeting on November 9, 2026, at United Tractors Grand Ballroom in East Jakarta. Shareholders will vote on reducing capital by canceling repurchased shares, with corr
EQUITY | Oct 16, 2026, 03:52 AM UTC
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Prabhudas Lilladher Recommends Buying Karur Vysya Bank, Sets Rs 380 Target
Prabhudas Lilladher’s report says the bank’s core PPoP was in line and loans grew 6.6% quarter over quarter, mainly led by commercial and corporate lending.
EQUITY | Oct 16, 2026, 03:51 AM UTC
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Warsh Says AI Transition Could Disrupt Employment Before Raising Prosperity
Warsh said the path to AI’s future could be bumpy and affect employment, but ultimately lead to greater prosperity.
EQUITY | Oct 16, 2026, 03:51 AM UTC
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Warsh Seeks Task Forces to Generate New Ideas
Warsh said he is looking for task forces to produce “new intellectual property” and catalyze “new thinking.”
RATES | Oct 16, 2026, 03:51 AM UTC
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Indian Rupee Rises 35 Paise to 94.71 Against Dollar
The rupee opened at 94.71 per dollar, up 35 paise from Thursday’s close of 95.06. Traders unwound bearish bets, while expectations of continued RBI dollar selling were also cited.
FX | Oct 16, 2026, 03:51 AM UTC
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TVS Family Dispute Centers on Business Restructuring and Unequal Inheritances
A report examines whether a TVS group restructuring left Lakshmi Venu with a smaller business than her sibling.
EQUITY | Oct 16, 2026, 03:51 AM UTC
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Kenanga Sees Dollar Trading at 4.08–4.09 Ringgit Next Week
Kenanga economists expect the dollar to trade between 4.08 and 4.09 ringgit next week. They cite U.S.-Iran tensions and upcoming Malaysian inflation and trade data as factors in focus.
FX | Oct 16, 2026, 03:50 AM UTC
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AmInvestment Bank Analyst Sees Press Metal Aluminium Earnings Growth
AmInvestment Bank analyst Tan Wai Wern says higher value-added product sales, upstream integration and long-term power supply could support earnings growth beyond aluminum prices. The analyst forecasts net profit growth
EQUITY | Oct 16, 2026, 03:49 AM UTC
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Earthquake of magnitude 7 strikes Russia's Kamchatka Peninsula, EMSC says
Oct 16 (Reuters) — A magnitude 7 earthquake struck the Kamchatka Peninsula region of Russia on Friday, the European-Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 140 km (86.99 miles), EMSC a
GEOPOLITICS | Oct 16, 2026, 03:49 AM UTC
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Citi Sees Intensifying Competition for Capital Between Governments and Companies
Citi sees intensifying competition for capital between governments and corporations amid rising funding needs and higher-for-longer interest rates. Government infrastructure spending and corporate AI investment are incre
NEWS | Oct 16, 2026, 03:47 AM UTC
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Sun Life Unveils Refreshed Global Brand
Sun Life unveiled a refreshed global brand featuring a new logo, the Sun Life name and the tagline “Making life brighter.”
EQUITY | Oct 16, 2026, 03:47 AM UTC
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Warsh and Georgieva Call AI a Positive Demand Shock
In a Q&A, Warsh and IMF chief Kristalina Georgieva described AI as a consequential development and a positive demand shock that will change the economy.
MACRO | Oct 16, 2026, 03:46 AM UTC
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FED'S WARSH W/IMF'S GEORGIEVA Q&A: IN THE WORLD ECONOMY, ALSO AN INFLATION SURGE; NOT FORECASTING WHAT WILL DO
FED'S WARSH W/IMF'S GEORGIEVA Q&A: IN THE WORLD ECONOMY, ALSO AN INFLATION SURGE; NOT FORECASTING WHAT WILL DO
CENTRAL_BANK | Oct 16, 2026, 03:46 AM UTC
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Bharti Airtel Shares Hit 4-week High
Bharti Airtel shares increased to 1871.00 INR, the highest since September 2026. Over the past 4 weeks, Bharti Airtel gained 1.83%, and in the last 12 months, it decreased 5.03%.
EQUITY | Oct 16, 2026, 03:45 AM UTC
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Toho Raises Full-Year Box Office Revenue Guidance
Toho raised its full fiscal-year guidance for box office revenue from films it distributes to 95.0 billion–105.0 billion yen, from 90.0 billion–100.0 billion yen.
EQUITY | Oct 16, 2026, 03:45 AM UTC
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DBS Sees AIMS APAC REIT Earnings Supported by Acquisitions
DBS Group Research says refinancing savings and acquired-asset contributions are likely to support earnings growth, while softer leasing conditions may moderate organic growth.
EQUITY | Oct 16, 2026, 03:44 AM UTC
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BRIEF — Magellanic Cloud Receives LoA Worth 291.3 Million Rupees From Northern Railway Moradabad Division
Oct 16 (Reuters) — Magellanic Cloud Ltd: Receives Loa Worth 291.3 Million Rupees From Northern Railway Moradabad Division Source text:... Further company coverage: MAGL.NS (Reuters.Briefs@thomsonreuters.com;)
NEWS | Oct 16, 2026, 03:42 AM UTC
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Yuan Poised for Third Weekly Gain as Strong Exports Support Currency
The yuan held steady against the dollar Friday and was poised to strengthen for a third week, supported by robust exports despite weak domestic growth and rising global yields.
FX | Oct 16, 2026, 03:42 AM UTC
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POLL — India's central bank likely to set underwriting fee around 0.50 paisa
MUMBAI, Oct 16 (Reuters) — The Indian government aims to raise at least 340 billion rupees ($3.58 billion) through the sale of benchmark bond on Friday. The Reserve Bank of India will likely set underwriting commission f
CENTRAL_BANK | Oct 16, 2026, 03:42 AM UTC
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FACTBOX — Indonesia suffers a series of market sentiment setbacks in 2026
(Updates March 4 Factbox with more developments) JAKARTA, Oct 16 (Reuters) — Indonesia's stock market is no longer worthy of emerging market status, with concerns about market dysfunction building the case for a downgrad
CENTRAL_BANK | Oct 16, 2026, 03:42 AM UTC
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FFR to Acquire Faraday Future Robotics Business in $200M Stock Deal
FF EAI Robotics Ecosystem signed definitive agreements for an all-stock acquisition valuing Faraday Future’s robotics assets at about $200 million. FFR also secured up to $10 million in PIPE financing; closing would leav
EQUITY | Oct 16, 2026, 03:42 AM UTC
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China finance ministry offers 3-year bonds at 1.2522% yield: traders
China finance ministry offers 3-year bonds at 1.2522% yield: traders
GEOPOLITICS | Oct 16, 2026, 03:42 AM UTC
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China finance ministry auctions 20-year ultra-long special treasury bonds at 2.0649% yield: traders
China finance ministry auctions 20-year ultra-long special treasury bonds at 2.0649% yield: traders
GEOPOLITICS | Oct 16, 2026, 03:42 AM UTC
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Fed's Warsh: don’t trust saying what I might do in meetings through rest of 2026
Fed's Warsh: don’t trust saying what I might do in meetings through rest of 2026
CENTRAL_BANK | Oct 16, 2026, 03:41 AM UTC
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FF EAI Robotics and FF launch FF Nova humanoid robot
The companies also launched FF Nova Mini, a Physical AI Spark Program curriculum, a Nova reinforcement learning developer program and developer community recruitment. FF Nova is priced below $2,500 in the U.S.
EQUITY | Oct 16, 2026, 03:41 AM UTC
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Magellanic Cloud Receives LoA Worth 291.3 Million Rupees From Northern Railway
Magellanic Cloud received a letter of acceptance worth 291.3 million rupees from Northern Railway's Moradabad Division.
EQUITY | Oct 16, 2026, 03:41 AM UTC
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Warsh Says Growth and Investment Surge Reflect Good Policy
Fed's Warsh said structural growth and an investment surge are not accidental, attributing them to good policy.
RATES | Oct 16, 2026, 03:41 AM UTC
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Indonesia Faces Market Sentiment Setbacks in 2026
MSCI says concerns about market dysfunction are building a case for downgrading Indonesia to standalone status. The report frames these as a series of setbacks in 2026.
EQUITY | Oct 16, 2026, 03:40 AM UTC
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AmInvestment Bank Starts Press Metal Aluminium at Buy
EQUITY | Oct 16, 2026, 03:40 AM UTC
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Fed's Warsh: will assess situation at October and December meeting
Fed's Warsh: will assess situation at October and December meeting
CENTRAL_BANK | Oct 16, 2026, 03:40 AM UTC
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Fed's Warsh: we will meet a couple more times this year, marking the clarifying moment
Fed's Warsh: we will meet a couple more times this year, marking the clarifying moment
CENTRAL_BANK | Oct 16, 2026, 03:39 AM UTC
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UTI Announces Extraordinary Shareholders Meeting
UTI will hold an extraordinary shareholders' meeting on October 30, 2026, at its headquarters conference room in Yesan, South Korea. Shareholders will vote on a treasury share plan to sell 696,549 shares to fund mass-pro
EQUITY | Oct 16, 2026, 03:39 AM UTC
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TECHNICALS — Spot gold may rise into $4,198 — $4,218 range
For more technical analyses, click TECH/C SINGAPORE, Oct 16 (Reuters) — Spot gold may break a resistance at $4,183 per ounce and rise into the $4,198-$4,218 range. The metal has broken a resistance at $4,162, the 61.8% r
COMMODITIES | Oct 16, 2026, 03:39 AM UTC
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Spot Gold May Rise Into $4,198-$4,218 Range
Spot gold has broken resistance at $4,162, a 61.8% retracement of its downtrend from $4,218 to $4,073, and may rise toward $4,198-$4,218. It may also break resistance at $4,183 per ounce.
COMMODITIES | Oct 16, 2026, 03:38 AM UTC
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UPDATE 1 — Bank of England's Bailey sees 'quite subdued' second — round price pressures so far
(Updates with further Bailey comments, context in paragraphs 2-4 and 6-10) BoE's Bailey says signs of second-round inflation limited so far UK businesses focused on cost-cutting, struggle to raise prices Economists in Re
CENTRAL_BANK | Oct 16, 2026, 03:38 AM UTC
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Industrial Bank of Korea Acquires 13.44% Stake in Jeil M&S Through Debt — for — Equity Swap
Industrial Bank of Korea acquired 22,298,787 voting shares in Jeil M&S, a 13.44% stake, on Oct. 12, 2026. The acquisition resulted from a debt-to-equity conversion under an approved rehabilitation plan; the holding is fo
MNA | Oct 16, 2026, 03:37 AM UTC
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Prabhudas Lilladher Reiterates Accumulate Rating on Persistent Systems, Sets Rs 6,550 Target
The research report cites 7.8% quarter-on-quarter constant-currency revenue growth, versus its 7.6% estimate, and says growth was supported by BFS and Hi-Tech.
EQUITY | Oct 16, 2026, 03:36 AM UTC
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Rupee Extends Winning Streak, Opens 33 Paise Higher at 94.72 per Dollar
The rupee opened higher against the US dollar on October 16, extending gains for a sixth consecutive session. Offshore traders cut bets against the currency, while expectations of continued central bank dollar selling le
FX | Oct 16, 2026, 03:36 AM UTC
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First Resources shares drop 4.9% to S$3.88
EQUITY | Oct 16, 2026, 03:36 AM UTC
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Bumitama Agri Shares Fall 5.35% to S$1.77
EQUITY | Oct 16, 2026, 03:35 AM UTC
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Golden Agri-Resources shares fall 5.2% to S$0.275
EQUITY | Oct 16, 2026, 03:34 AM UTC
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Foreign Automakers Double Down on India With Localized Supply Chains
Foreign automakers are investing in localized supply chains in India, citing the domestic auto boom and pressure from local rivals.
EQUITY | Oct 16, 2026, 03:34 AM UTC
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Fairfax Wins Government Approval to Acquire IDBI Bank
Fairfax Financial Holdings cleared a government hurdle for its planned acquisition of IDBI Bank. The report says unions are pushing back and the lender retains a public-sector culture.
EQUITY | Oct 16, 2026, 03:34 AM UTC
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Asian Paints and Berger Paints Plan Second Price Hike This Fiscal Year
India's leading paintmakers are raising prices for the second time this fiscal year ahead of Diwali, as crude oil above $100 a barrel adds to raw-material, packaging and logistics cost pressures.
EQUITY | Oct 16, 2026, 03:34 AM UTC
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Singapore-Listed Palm Oil Stocks Decline
EQUITY | Oct 16, 2026, 03:34 AM UTC
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Vantage sees modest freight rate impact from potential US easing of shadow fleet sanctions
Vantage expects any US easing of sanctions on shadow fleet vessels to have a modest impact on freight rates. Other sanctions and fleet condition limit usable tonnage, favoring selective uptake rather than a wholesale ret
CENTRAL_BANK | Oct 16, 2026, 03:33 AM UTC
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‘Early days’ to see full effect of energy prices on inflation, BoE’s Bailey says
Lengthy period of higher costs would squeeze corporate margins and spur some companies to raise prices
CENTRAL_BANK | Oct 16, 2026, 03:33 AM UTC
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RPT — ANALYSIS — Modi's predicament: Gen Z pours out on India's streets as dissent surges
(Repeats story without changes to the text. ) Youth-led protests pose unprecedented challenge for Modi government Demonstrators defy huge security deployment in Delhi Anger spans jobs, education, civil liberties, voter r
CENTRAL_BANK | Oct 16, 2026, 03:33 AM UTC
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BRIEF — India cenbank says Oct 15 refinance 68.96 bln rupees
Oct 16 (Reuters) — The Reserve Bank Of India: India cenbank says Oct 15 refinance 68.96 bln rupees Source text — ( ) (Bengaluru newsroom) ((ReutersIndia.snapping@thomsonreuters.com; +91 80 6749 1310)
NEWS | Oct 16, 2026, 03:33 AM UTC
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MEDIA — ECB’s Rehn praises measured approach, sees more data in December — Bloomberg News
Source link: — Note: Reuters has not verified this story and does not vouch for its accuracy (globalnewsmonitoring@thomsonreuters.com)
CENTRAL_BANK | Oct 16, 2026, 03:32 AM UTC
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China's Ministry of Industry and Information Technology: issues 35th batch of new energy vehicle models qualifying for tax breaks
China's Ministry of Industry and Information Technology: issues 35th batch of new energy vehicle models qualifying for tax breaks
GEOPOLITICS | Oct 16, 2026, 03:32 AM UTC
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Citi Says Guangdong Songfa Ceramics Could Rerate on Shipbuilding Upcycle
Citi analyst Andy Li says a global shipbuilding upcycle could last into around 2035, with ship orderbooks extending to 2030 and about 25% of the bulk carrier fleet due for replacement before 2035.
EQUITY | Oct 16, 2026, 03:32 AM UTC
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Morgan Stanley Sees TSMC Capex at US$83 Billion in 2027
Morgan Stanley estimates TSMC capital spending could reach US$83 billion in 2027 and US$92 billion in 2028, citing expansion of 2-nanometer and 1.4-nanometer chip capacity. TSMC's capex target for this year is US$60 bill
EQUITY | Oct 16, 2026, 03:32 AM UTC
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Indonesia Stocks Sink as MSCI Weighs Index Removal
Indonesian stocks tumbled after MSCI Inc. said the country no longer merits emerging-market status, risking an ejection from its global indexes and triggering fears of foreign capital flight. Bloomberg's Anthony Stephens
NEWS | Oct 16, 2026, 03:30 AM UTC
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Asian session market picture: S&P 500 +0.04%, Nasdaq 100 -0.09%; USD/JPY -0.01%, WTI -0.66%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.04 percent, Nasdaq futures is down 0.09 percent, Dow futures is up 0.11 percent and Russell futures is up 0.11 percent. In currencies, the dollar in
EQUITY | Oct 16, 2026, 03:30 AM UTC
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Ooredoo Qatar launches the country's first 5G+ network
Ooredoo Qatar announced the launch of its 5G+ mobile network.
EQUITY | Oct 16, 2026, 03:30 AM UTC
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DP World Appoints Jason Varsamidis to Lead Asia Pacific Region
DP World announced Jason Varsamidis as CEO and Managing Director for its Asia Pacific region, effective immediately.
EQUITY | Oct 16, 2026, 03:29 AM UTC
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Economist Says RBA May Have Raised Rates Enough
Capital Economics economist Marcel Thieliant says the RBA’s September rate increase has made policy more restrictive than the central bank had previously expected. He says 100 basis points of rate increases this year mig
CENTRAL_BANK | Oct 16, 2026, 03:29 AM UTC
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Saudi Producer Prices Rise 5.1% Year Over Year in August
Saudi Arabia’s Producer Price Index rose 5.1% in August 2026 from a year earlier, according to GASTAT. Manufacturing prices led the increase.
MACRO | Oct 16, 2026, 03:28 AM UTC
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CoTec Completes $20 Million Unsecured Convertible Debenture Offering
CoTec Holdings closed a $7.94 million final tranche of unsecured convertible debentures, bringing the offering total to $20 million. Insider Kings Chapel International purchased $5 million of the debentures in the final
NEWS | Oct 16, 2026, 03:27 AM UTC
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BUZZ — Australia's Bank of Queensland on track for best week since April on annual earnings beat
* Shares of Australia's Bank of Queensland up 6.8% so far this week to A$6.80, on track for their biggest weekly gain since April 11, if current trend sustains * The bank on Thursday reported FY26 statutory net profit of
EARNINGS | Oct 16, 2026, 03:27 AM UTC
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CoTec Closes $20M Convertible Debenture Offering at 12.5%
CoTec raised $20 million through unsecured convertible debentures maturing Sept. 10, 2031, with cash-only interest. Proceeds will fund HyProMag USA equipment and working capital.
EQUITY | Oct 16, 2026, 03:27 AM UTC
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Asian Markets Trade Mostly Higher After Wall Street Gains
Asian stocks were mostly higher Friday, with Japan and South Korea leading a rebound in technology and semiconductor shares after a recent sell-off.
EQUITY | Oct 16, 2026, 03:26 AM UTC
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CoTec Holdings completes $20 million convertible debenture placement
CoTec Holdings Corp. announced the final closing of a private placement of unsecured convertible debentures, bringing the total raise to $20 million.
EQUITY | Oct 16, 2026, 03:26 AM UTC
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Saudi Inflation Holds at 1.9% in September
Saudi Arabia’s annual inflation rate was 1.9% in September 2026, unchanged from the prior reading, while consumer prices were flat month on month.
MACRO | Oct 16, 2026, 03:25 AM UTC
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BUZZ — New Zealand's SkyCity Entertainment rise on $124.6 million hotel sale
* Shares of casino operator SkyCity Entertainment Group rise as much as 4.6% to NZ$0.69, hitting their highest level since October 2 * Shares last up 3%, on track for best day since September 30, if gains hold * Company
EQUITY | Oct 16, 2026, 03:22 AM UTC
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China’s National Team Signals Return With Heavy ETF Inflows
China’s state-backed funds appear to be stepping back into the stock market, a sign that Beijing is seeking to put a floor under falling shares.
GEOPOLITICS | Oct 16, 2026, 03:22 AM UTC
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BRIEF — Petrovietnam, PV Power plan to build 1,600 — MW LNG power plant in Vietnam's Haiphong
Oct 16 (Reuters) — Petrovietnam Gas Joint Stock Corp: Petrovietnam Gas: Signs Mou With Pv Power To Build 1,600 Mw Lng Power Plant In Vietnam's Haiphong Further company coverage: GAS.HM
EQUITY | Oct 16, 2026, 03:22 AM UTC
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Vitol Says Conflicts Tighten Global Fuel Oil Market
Vitol's Asia head said renewed hostilities around the Strait of Hormuz are supporting high-sulphur fuel oil premiums as Middle East and Russian exports fall and bunker demand remains robust.
ENERGY | Oct 16, 2026, 03:21 AM UTC
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London Copper Rises 0.9% but Remains on Track for Weekly Loss
Benchmark three-month copper on the London Metal Exchange rose 0.9% to $14,468 a metric ton by 0308 GMT after hitting an unspecified level. Aluminium was on track for a fourth straight weekly decline.
COMMODITIES | Oct 16, 2026, 03:21 AM UTC
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Citi Cuts Yes Bank Target After Supreme Court AT-1 Bond Ruling
Citi cut its target price for Yes Bank after the Supreme Court overturned the bank’s Rs 8,415-crore AT-1 bond write-off. The brokerage warned of substantial erosion in the bank’s capital buffers.
EQUITY | Oct 16, 2026, 03:21 AM UTC
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Persistent Systems Bulls See Market Cap Doubling in Four Years; Bears Warn of 27% Downside
Brokerages were largely positive after Persistent Systems’ second-quarter revenue beat estimates but margins missed; profit after tax was affected by the Nagarro deal impact.
EQUITY | Oct 16, 2026, 03:21 AM UTC
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HEADS UP; FED CHAIR WARSH 'CONVERSATION' WITH IMF MANAGING DIR GEORGIEVA IN BANGKOK AT THE IMF-WORLD BANK FALL MEETING COMING UP AFTER 11:30
HEADS UP; FED CHAIR WARSH 'CONVERSATION' WITH IMF MANAGING DIR GEORGIEVA IN BANGKOK AT THE IMF-WORLD BANK FALL MEETING COMING UP AFTER 11:30P ET
CENTRAL_BANK | Oct 16, 2026, 03:21 AM UTC
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City Therapeutics Raises $200 Million in Upsized US IPO
City Therapeutics Inc., an early-stage developer of RNAi-based drugs, raised $200 million in a US initial public offering priced at the mid-point of its marketed range.
EQUITY | Oct 16, 2026, 03:20 AM UTC
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BOE Chief Says Energy Shock Delays 2% Inflation Target
Bank of England Governor Andrew Bailey says Middle East energy shocks have pushed rate cuts off the table and that the BOE effectively tightened financial conditions without raising rates. He cautioned against inferring
CENTRAL_BANK | Oct 16, 2026, 03:18 AM UTC
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PBOC’s Pan Touts Yuan Assets to Investors at Deutsche Bank Event
China’s central bank governor Pan Gongsheng touted yuan assets to investors in Bangkok and outlined plans to expand their role in global markets, according to people who attended the closed-door event.
CENTRAL_BANK | Oct 16, 2026, 03:18 AM UTC
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European Gas Prices Hover Near Peaks
European natural gas prices eased to €85.5 per megawatt-hour, hovering just below a multi-year high, as investors anxiously weigh the bloc’s supply outlook ahead of the heating season. EU gas storage facilities were 74.1
COMMODITIES | Oct 16, 2026, 03:18 AM UTC
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Additional Listing Announcement /Subdivision of Shares
Additional Listing Announcement /Subdivision of Shares ECO-SHOP MARKETING BERHAD 1. Details of Corporate Proposal Involve issuance of new type/class of securities? No Types of corporate proposal ESOS Details of corporate
EQUITY | Oct 16, 2026, 03:18 AM UTC
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BUZZ — Pacific Basin Shipping climbs as Q3 core business grows in improving market
* Shares of Pacific Basin Shipping climb 5.9% to HK$3.835, on course for the biggest one-day pct gain since August 7 * Dry bulk shipping services provider reports third-quarter average daily time-charter equivalent (TCE)
EARNINGS | Oct 16, 2026, 03:18 AM UTC
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AI Cloud Drives an Earnings Step Change; BOCI Initiates Envision Greenwise (01783) at BUY
EQS Newswire / 16/10/2026 / 11:15 UTC+8 Zhitong Finance App has learned that BOCI Securities has published an initiation report on Envision Greenwise (01783), assigning a BUY rating and a target price of HK$6.90. The rep
CENTRAL_BANK | Oct 16, 2026, 03:17 AM UTC
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UPDATE 1 — Ambani's Reliance welcomes Starlink competition in first response to Musk
(Adds details from statement) Oct 16 (Reuters) — Mukesh Ambani's Reliance Industries said it welcomed competition from Elon Musk's Starlink in India's satellite internet market, its first public response to a week of att
EQUITY | Oct 16, 2026, 03:17 AM UTC
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Dagang NeXchange Issues 2,000,333 Shares From Warrants E Conversion
Dagang NeXchange announced the conversion of Warrants E into 2,000,333 ordinary shares on Oct. 16, 2026. The shares carry an issue price of MYR 0.19 each, with listing scheduled for Oct. 19, 2026. The conversion brings t
EQUITY | Oct 16, 2026, 03:17 AM UTC
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Reliance Welcomes Starlink Competition in India's Satellite Internet Market
Reliance Industries said it welcomed competition from Elon Musk's Starlink, in its first public response to a week of attacks by Musk.
EQUITY | Oct 16, 2026, 03:15 AM UTC
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Healthcare leadership criteria shift toward skills over tenure, OXEON Partners says
Healthcare executive searches risk excluding qualified leaders as AI adoption shifts hiring requirements from tenure toward judgment, adaptability and operational capability. AI appears in roughly 27% of C-suite job desc
NEWS | Oct 16, 2026, 03:14 AM UTC
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Interactive Brokers Reports Q3 Income of $314 Million
Interactive Brokers Group reported third-quarter earnings of $314 million, or $0.69 per share, compared with $263 million, or $0.59 per share, a year earlier.
EARNINGS | Oct 16, 2026, 03:13 AM UTC
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Taiwan Stocks Rebound from 4-Week Low
The TAIEX, Taiwan’s benchmark stock index, rose 518 points, or 1.1%, to 47,488 around noon on Friday, rebounding after falling in the previous session and touching its lowest level since September 17, a day earlier. The
CENTRAL_BANK | Oct 16, 2026, 03:13 AM UTC
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Mideast war alters global bunker buying patterns, industry execs say
Buyers switch to prompt purchases from long-term contracts Demand at alternative bunker ports rise Procurement now comes with more logistical complexities By Jeslyn Lerh SINGAPORE, Oct 16 (Reuters) — The US-Israeli war o
GEOPOLITICS | Oct 16, 2026, 03:12 AM UTC
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Indonesia Stock Exchange Suspends Champion Pacific Indonesia Shares for Voluntary Delisting
Indonesia Stock Exchange suspended trading in Champion Pacific Indonesia (IGAR), listed on the exchange, across all markets. The suspension began in Session I on October 16, 2026, for voluntary delisting and going privat
EQUITY | Oct 16, 2026, 03:12 AM UTC
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Philippines hits back at Chinese envoy over 'thinly veiled threat' of force
MANILA, Oct 16 (Reuters) — The Philippines has chided China's ambassador for what it interpreted as a "thinly veiled threat" of force, after Beijing's envoy said his country would prevail in a confrontation between them.
GEOPOLITICS | Oct 16, 2026, 03:12 AM UTC
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POLL — Japan core inflation likely exceeded BOJ target for first time since December
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=JPCPI%3DECI CPI poll data TOKYO, Oct 16 (Reuters) — Japan's core consumer inflation in September likely exceeded the central bank's 2% target as highe
CENTRAL_BANK | Oct 16, 2026, 03:12 AM UTC
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Mideast War Shifts Global Bunker Buying Patterns, Executives Say
Shippers have turned to more spot and shorter-term bunker purchases amid volatile prices and are exploring alternative supply locations, industry executives said.
ENERGY | Oct 16, 2026, 03:12 AM UTC
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Oman Awards Contract to Build Roads in Duqm Fisheries Zone
The Public Authority for Special Economic Zones and Free Zones awarded a contract for roads and supporting infrastructure at the Fisheries Industries Zone in Duqm.
EQUITY | Oct 16, 2026, 03:11 AM UTC
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Indonesian Stocks Slide as MSCI Weighs Standalone Index Status
Indonesian stocks fell by the most since January after MSCI said the country no longer merits emerging-market status. MSCI is consulting on a proposal to give Indonesia standalone status, which could lead to removal from
EQUITY | Oct 16, 2026, 03:11 AM UTC
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Rupiah Under Pressure on MSCI Downgrade Concerns
The Indonesian rupiah weakened past IDR 18,050 per U.S. dollar on Friday, its weakest level since early August, after MSCI questioned Indonesia’s emerging-market status. The index provider flagged dysfunction in local ma
CENTRAL_BANK | Oct 16, 2026, 03:10 AM UTC
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India’s Rupee Rebound Comes With Growing Strains in FX Market
The rupee’s rebound from near a record low, after the Reserve Bank of India mounted its most aggressive defense of the currency since 2013, has bought the currency some time but at a steep cost.
NEWS | Oct 16, 2026, 03:10 AM UTC
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VEGOILS — Palm climbs on strong export estimates, poised for second weekly gain
JAKARTA, Oct 16 (Reuters) — Malaysian palm oil futures inched higher on Friday, supported by cargo surveyor estimates showing robust export demand in the first half of October, and were on track for a second consecutive
EARNINGS | Oct 16, 2026, 03:09 AM UTC
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Malaysian Palm Oil Futures Rise on Strong Export Estimates
Malaysian palm oil futures edged higher Friday, supported by cargo surveyor estimates of robust export demand in the first half of October. The contract was on track for a second consecutive weekly gain.
COMMODITIES | Oct 16, 2026, 03:08 AM UTC
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Citigroup initiates coverage of Guangdong Songfa Ceramics with Buy rating
Citigroup initiated coverage of Guangdong Songfa Ceramics with a Buy rating.
EQUITY | Oct 16, 2026, 03:08 AM UTC
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TECHNICALS — US oil may retest resistance at $98.47
For more technical analyses, click TECH/C SINGAPORE, Oct 16 (Reuters) — US oil may retest a resistance at $98.47 per barrel, a break above which could lead to a gain into the $99.22 to $99.97 range. A projection analysis
COMMODITIES | Oct 16, 2026, 03:07 AM UTC