Fri, Oct 16, 2026 - Page 54
6804 indexed SquawkNews stories from this UTC day. Showing 6361-6480.
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BRIEF — Wipro says Unit To Buy 20% Stake In Flarre.Ai, On Oct 15, 2026
Oct 16 (Reuters) — Wipro Limited: Wipro - It Services To Buy 20% Stake In Flarre.ai, On Oct 15, 2026 Wipro - Consideration For Acquisition Is Cash Wipro - Deal For Usd 2,000 Source text:... Further company coverage: WIPR
MNA | Oct 16, 2026, 03:07 AM UTC
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BRIEF — Vascon Engineers Receives 1.98 Billion Rupees Contract From State Bank Of India
Oct 16 (Reuters) — Vascon Engineers Ltd: Receives 1.98 Billion Rupees Contract From State Bank Of India Source text:... Further company coverage: VASC.NS (Reuters.Briefs@thomsonreuters.com;)
NEWS | Oct 16, 2026, 03:07 AM UTC
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BRIEF — Organic Recycling Systems Says Unit Gets Large Scale Contract From BPCL
Oct 16 (Reuters) — Organic Recycling Systems Ltd: Unit Gets Large Scale Contract From Bpcl Order Valued Between 500 Million And 1 Billion Rupees Source text:... Further company coverage: ORGA.BO (Reuters.Briefs@thomsonre
NEWS | Oct 16, 2026, 03:07 AM UTC
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Prabhudas Lilladher Holds Wipro at Rs 166 Target
The broker cited flattish Q2FY27 IT services revenue growth and an expansion in EBIT margin to 16.5%, marginally above its 16.4% estimate.
EQUITY | Oct 16, 2026, 03:06 AM UTC
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US Oil May Retest Resistance at $98.47
Technical analysis identifies a potential target zone of $98.47 to $99.97 per barrel.
ENERGY | Oct 16, 2026, 03:06 AM UTC
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Sun Life Unveils Refreshed Global Brand
Sun Life unveiled a refreshed global brand, including a new logo, company name and tagline.
EQUITY | Oct 16, 2026, 03:05 AM UTC
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Wipro Unit to Buy 20% Stake in Flarre.Ai
Wipro said a unit will buy a 20% stake in Flarre.Ai on Oct. 15, 2026.
MNA | Oct 16, 2026, 03:05 AM UTC
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Vascon Engineers Receives 1.98 Billion Rupee Contract From SBI
EQUITY | Oct 16, 2026, 03:04 AM UTC
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Organic Recycling Systems Unit Gets Contract From BPCL
Organic Recycling Systems said one of its units received a large-scale contract from BPCL.
EQUITY | Oct 16, 2026, 03:04 AM UTC
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Raffles The Red Sea Opens on Shura Island
Red Sea Global announced the opening of the Raffles resort on Shura Island, Saudi Arabia.
EQUITY | Oct 16, 2026, 03:04 AM UTC
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DIARY — US refinery operations — Marathon Wilmington Refinery Reports Unplanned Flare Event
Oct 15 — The following is a list of refinery incidents reported in the United States as of Oct 15: Valero Port Arthur, TX, Refinery Reports FCCU WGS Stack Test Showed Emission Exceeded Limit... Marathon Wilmington, CA Re
NEWS | Oct 16, 2026, 03:04 AM UTC
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ANALYSIS — Modi's predicament: Gen Z pours out on India's streets as dissent surges
Youth-led protests pose unprecedented challenge for Modi government Demonstrators defy huge security deployment in Delhi Anger spans jobs, education, civil liberties, voter rolls Analysts say fear of challenging Modi is
CENTRAL_BANK | Oct 16, 2026, 03:03 AM UTC
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3M to argue Australia's $1.4 billion 'forever chemicals' lawsuit legally flawed, court hears
Australia seeking more than A$2 billion over PFAS contamination 3M to argue 'public nuisance' claim unavailable Case centres on 28 military bases where firefighting foam was used Case will return to court in December By
REGULATION | Oct 16, 2026, 03:03 AM UTC
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TABLE — THE SHIMANE BANK — 2026/27 parent forecast
16 Oct 2026 03:00:07 Oct 16 (Reuters) — THE SHIMANE BANK PARENT-ONLY EARNINGS ESTIMATES (in billions of yen unless specified) Full Year to Full Year to Mar 31, 2027 Mar 31, 2027 LATEST PREVIOUS FORECAST FORECAST Revenues
EARNINGS | Oct 16, 2026, 03:02 AM UTC
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BUZZ — Australia's Champion Iron hits 6 — year low; Bell Potter maintains 'hold'
* Shares of Champion Iron fall as much as 4.5% to A$2.32, their lowest level since May 18, 2020 * Bell Potter maintains its "hold" recommendation on valuation for Champion Iron and sees free cash flow improving from FY27
CENTRAL_BANK | Oct 16, 2026, 03:02 AM UTC
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DIARY — Japan corporate earnings week ahead
Oct 16 (Reuters) — Diary of Japan (.N225) corporate earnings for the week ahead Japan Earnings Start Date Start Time (GMT) RIC Company Name Event Name 22-Oct-2026 07:00 6146.T Disco Corp Q2 2027 Disco Corp Earnings Relea
EARNINGS | Oct 16, 2026, 03:02 AM UTC
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Woori Bank, Affiliate Acquire 14.84% Stake in STX Through Debt — to — Equity Swap
Woori Bank and Woori Card acquired 14.84% of STX Corporation's voting shares through a debt-to-equity conversion on September 21, 2026. The October 14, 2026 disclosure lists Woori Bank's holding at 25,262,488 shares, or
MNA | Oct 16, 2026, 03:02 AM UTC
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Indonesia's president ready to accept foreign assistance to combat fires, foreign minister says
JAKARTA, Oct 16 (Reuters) — Indonesia's President Prabowo Subianto has agreed to accept assistance from neighbouring countries to tackle its worst forest fires in more than a decade, the country's foreign minister said.
NEWS | Oct 16, 2026, 03:02 AM UTC
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Colorpak Indonesia Shareholders Approve Changes to Business Activities in Company Charter
Colorpak Indonesia shareholders approved amendments to Article 3 of its articles of association at an extraordinary meeting on October 15, 2026. The amendments concern corporate purposes, objectives and business activiti
EQUITY | Oct 16, 2026, 03:02 AM UTC
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Deutsche Bank commits AUD 100 million to Atmos Renewables’ Parron Wind Farm financing
Deutsche Bank committed AUD 100 million as sole lender for the 10-year tranche financing Atmos Renewables’ Parron Wind Farm. The project is expected to add up to 470 megawatts of generation capacity in Western Australia.
EARNINGS | Oct 16, 2026, 03:02 AM UTC
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Prabhudas Lilladher Recommends Accumulate on Nestle India, Sets Rs 1,526 Target
Prabhudas Lilladher said Nestle India's 2Q27 results were largely in line, citing sustained volume growth, stable gross margins and broad-based growth across Maggi, Chocolates and Beverages.
EQUITY | Oct 16, 2026, 03:01 AM UTC
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Australia’s Three-Year Bond Sale Sees Highest Demand Since 2018
Demand at an Australian three-year bond auction surged to the highest since 2018 as traders bet the nation’s central bank is nearing the end if its interest-rate hike cycle.
CENTRAL_BANK | Oct 16, 2026, 03:00 AM UTC
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3M to Argue Australia’s $1.4 Billion PFAS Lawsuit Is Legally Flawed
3M plans to argue that Australia’s lawsuit over PFAS contamination from its firefighting foam is legally flawed, a court heard Friday.
EQUITY | Oct 16, 2026, 03:00 AM UTC
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Emaar Sales Backlog Stands at $49 Billion, Collections at 98%
Emaar founder and Managing Director Mohamed Alabbar said the company has a sales backlog of 180 billion UAE dirhams ($49 billion), with collections at 98%.
EQUITY | Oct 16, 2026, 03:00 AM UTC
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Japan 10-Year Yield Rises as BOJ Outlook Mulled
Japan’s 10-year government bond yield climbed to around 2.95% on Friday, recovering some ground after the previous session’s decline as investors assessed hawkish signals from a Bank of Japan official. BOJ board member J
CENTRAL_BANK | Oct 16, 2026, 03:00 AM UTC
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Asian session market picture: S&P 500 +0.04%, Nasdaq 100 -0.12%; USD/JPY -0.02%, WTI -0.62%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.04 percent, Nasdaq futures is down 0.12 percent, Dow futures is up 0.08 percent and Russell futures is up 0.06 percent. In currencies, the dollar in
EQUITY | Oct 16, 2026, 03:00 AM UTC
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Palm Oil Rises on Expectations of Lower Indonesian Output
Palm oil rises in Asian trading as drought and wildfires raise expectations of lower Indonesian production, AmInvestment Bank says. The bank adds that a planned higher biodiesel mandate could reduce export availability.
COMMODITIES | Oct 16, 2026, 03:00 AM UTC
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S. Korea: September foreign net investment in local bonds $-5.81 billion vs $-4.53 billion in August - central bank
S. Korea: September foreign net investment in local bonds $-5.81 billion vs $-4.53 billion in August - central bank
CENTRAL_BANK | Oct 16, 2026, 03:00 AM UTC
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S.Korea: September foreign net investment in local stocks -$14.16 billion vs $0.04 billion in August - central bank
S.Korea: September foreign net investment in local stocks -$14.16 billion vs $0.04 billion in August - central bank
CENTRAL_BANK | Oct 16, 2026, 03:00 AM UTC
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India Morning Newsletter, October 16
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: For an index of our newsletters click on
NEWS | Oct 16, 2026, 02:58 AM UTC
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BUZZ — Australia's Dusk Group rises on upbeat trading update, South Africa expansion
* Shares of home fragrance products retailer Dusk Group rise 6.6% to A$0.725, on track for their best day since August 20 * DSK hits highest level since Oct 6; snaps four consecutive sessions of losses * Co says total sa
EARNINGS | Oct 16, 2026, 02:58 AM UTC
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Japan’s Nikkei rebounds after six-session losing streak
The Nikkei rose 1.75% to 65,550.68 by the midday break after a near 5% drop in the previous session. Gains were limited by caution ahead of corporate earnings reports and the U.S. midterm elections.
EQUITY | Oct 16, 2026, 02:57 AM UTC
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Japan's Nikkei rebounds after 6 — session losing streak
By Junko Fujita TOKYO, Oct 16 (Reuters) — Japan's Nikkei share average rose on Friday after a 6-session losing streak, although gains were limited by caution ahead of corporate earnings reports and the US midterm electio
EARNINGS | Oct 16, 2026, 02:57 AM UTC
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PRESS DIGEST — British Business — October 16
Oct 16 (Reuters) — The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British finance minister John He
GEOPOLITICS | Oct 16, 2026, 02:57 AM UTC
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G7 to launch exercises to guard against AI cyber attacks
By Leika Kihara BANGKOK, Oct 16 (Reuters) — Finance leaders of the G7 grouping agreed to hold tabletop exercises to guard against AI cyber attacks, Japanese Finance Minister Satsuki Katayama said, as policymakers increas
CENTRAL_BANK | Oct 16, 2026, 02:57 AM UTC
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Powermax Minerals Plans Share Consolidation of Up to 1 — for — 6
Powermax Minerals plans a share consolidation of up to six existing shares into one following completion of its rights offering. The final consolidation ratio may be lower. No fractional shares will be issued. The rights
EQUITY | Oct 16, 2026, 02:52 AM UTC
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Ambani's Reliance says it welcomes satellite competition, including Musk's Starlink
Oct 16 (Reuters) — Reliance Industries said on Friday it welcomes competition in satellite broadband, including from Starlink, days after Elon Musk escalated his criticism of the billionaire Mukesh Ambani-led firm and ur
NEWS | Oct 16, 2026, 02:52 AM UTC
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US 10-Year Yields Holds Decline
The yield on the US 10-year Treasury note remained below 5.1% on Friday after falling sharply in the previous session, as a global equity selloff boosted safe-haven demand for government bonds. Investors are increasingly
CENTRAL_BANK | Oct 16, 2026, 02:52 AM UTC
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GLOBAL MARKETS — Most Asian stocks rise as calm returns after CoreWeave shock; Indonesia faces market downgrade
US dollar droops toward weekly loss on lower US Treasury yields Bond markets stabilize after rush for safe havens on Thursday Oil edges lower as markets weigh Middle East risks TOKYO, Oct 16 (Reuters) — Asian stocks rebo
CENTRAL_BANK | Oct 16, 2026, 02:52 AM UTC
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Indian Software Stocks Set to Beat AI Peers by Most in Decades
India’s information-technology stocks are poised to beat their global semiconductor rivals by the most in two decades this week, with analysts saying the sector is set to keep outperforming as the artificial-intelligence
NEWS | Oct 16, 2026, 02:52 AM UTC
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BUZZ — Australia's Paladin Energy on track for worst week in 3 months on weaker Q1 production
* Shares of Australia's Paladin Energy fall 12.6% so far this week to A$7.335, on track for their biggest weekly drop since the week ended July 17 * Uranium miner on Wednesday said it produced 1 million lb of triuranium
EQUITY | Oct 16, 2026, 02:52 AM UTC
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Nomura Raises J&T Global Express’s 2026 China Parcel Volume Forecast to 12%
Nomura lifts its 2026 China parcel volume growth forecast for J&T Global Express to 12% from 9%, citing third-quarter growth in China and new markets.
EQUITY | Oct 16, 2026, 02:52 AM UTC
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Reliance Welcomes Satellite Broadband Competition, Including Starlink
Reliance Industries said Friday it welcomes competition in satellite broadband, including from Starlink, after Elon Musk criticized the company and urged it to allow Starlink to compete in India.
EQUITY | Oct 16, 2026, 02:51 AM UTC
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Asian Stocks Rise as Markets Calm After CoreWeave Shock
Asian stocks rebounded Friday after heavy selling in the previous session, as concerns over CoreWeave's debt fueled worries about financing for the AI boom. Bond markets stabilized after yields plunged Thursday.
EQUITY | Oct 16, 2026, 02:50 AM UTC
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Singapore Dollar Consolidates Against U.S. Dollar
The Singapore dollar consolidated against its U.S. counterpart in the Asian session. Lower U.S. Treasury yields may have aided the currency, according to the report.
FX | Oct 16, 2026, 02:50 AM UTC
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City Therapeutics Expects Offering to Close Oct. 19
EQUITY | Oct 16, 2026, 02:49 AM UTC
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City Therapeutics Grants Underwriters 30-Day Option for 1.7M Shares
Underwriters may purchase up to an additional 1.7 million shares at the IPO price under the 30-day option.
EQUITY | Oct 16, 2026, 02:49 AM UTC
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City Therapeutics expects Nasdaq trading to begin Oct. 16
City Therapeutics expects its stock to begin trading on the Nasdaq Global Market on Oct. 16 under ticker CTY.
EQUITY | Oct 16, 2026, 02:49 AM UTC
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City Therapeutics Prices Upsized Initial Public Offering
City Therapeutics announced pricing of its upsized initial public offering.
EQUITY | Oct 16, 2026, 02:49 AM UTC
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Citi Says TSMC Is Best-Placed to Benefit From AI Boom
Citi analysts cite strong advanced-chip demand into next year and long-term order visibility. TSMC reiterated 2026 capital expenditure guidance of US$60 billion to US$64 billion.
EQUITY | Oct 16, 2026, 02:48 AM UTC
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Dongwoon Anatech Calls Extraordinary Shareholder Meeting to Elect Directors
Dongwoon Anatech will hold an extraordinary shareholders meeting on Nov. 23, 2026, at 9 a.m. in Seoul. Shareholders will vote on appointing Kim Gyu-ho as an executive director for a three-year term. The agenda also inclu
NEWS | Oct 16, 2026, 02:48 AM UTC
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BRIEF — Reliance Industries Says It Welcomes Competition In Satellite Communications, Including Starlink
Oct 15 (Reuters) — Reliance Industries Ltd: Welcome Competition In Satellite Communications, Including Starlink Source text: Further company coverage: RELI.NS (Reuters.Briefs@thomsonreuters.com;)
NEWS | Oct 16, 2026, 02:47 AM UTC
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Vietnam Dong, Gold Rates Snapshot for October 16
The item provides a snapshot of Vietnamese dong exchange rates and indicative SJC gold prices in Hanoi, alongside interbank offered rates at 02:43 GMT.
MACRO | Oct 16, 2026, 02:47 AM UTC
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SNAPSHOT — Vietnam dong, gold rates — October 16
HANOI, Oct 16 (Reuters) — Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 02:43 GMT. October 16 USD/VND mid-p
CENTRAL_BANK | Oct 16, 2026, 02:47 AM UTC
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NHC STORM ADVISORY: trudy strengthens expected to rapidly intensify
Hurricane Trudy Advisory Number 11 NWS National Hurricane Center Miami FL EP212026 900 PM CST Thu Oct 15 2026...Trudy Strengthens......Expected To Rapidly Intensify... Summary Of 900 Pm Cst...0300 Utc...information LOCAT
NEWS | Oct 16, 2026, 02:47 AM UTC
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YoungWire Holds Extraordinary Shareholders’ Meeting
YoungWire shareholders approved a capital reserve reduction for transfer to retained earnings at an extraordinary meeting on Oct. 16, 2026. The approved transfer totals KRW 63.62 billion. Disclaimer: This news brief was
EARNINGS | Oct 16, 2026, 02:47 AM UTC
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Dongwoon Anatech to Cancel 695,491 Treasury Shares
Dongwoon Anatech will cancel 695,491 common shares held in treasury under a board resolution dated Oct. 16, 2026. The cancellation is valued at KRW 13 billion, based on the treasury shares’ average acquisition cost. Outs
MNA | Oct 16, 2026, 02:47 AM UTC
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Hyundai Recalls 94,622 US Vehicles Over Seat Motor Fire Risk
Hyundai Motor America is recalling 94,622 vehicles in the US because some front power seat motors could overheat, creating a fire risk while parked or driving, the NHTSA said Thursday.
EQUITY | Oct 16, 2026, 02:45 AM UTC
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Indonesia Central Bank Says It Will Maintain FX Market Presence
An Indonesian central bank official said the bank is committed to maintaining a presence in the foreign exchange market to safeguard the rupiah, amid renewed pressure on the currency.
REGULATION | Oct 16, 2026, 02:45 AM UTC
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Reliance Industries Says It Welcomes Satellite Communications Competition
EQUITY | Oct 16, 2026, 02:45 AM UTC
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Daewoo E&C Wins 1.44 Trillion Won Seoul Housing Redevelopment Contract
Daewoo Engineering & Construction signed a KRW 1.44 trillion contract for Seoul’s Sangdo District 15 housing redevelopment, excluding VAT. The Oct. 16, 2026, contract with Daishin Asset Trust represents 17.84% of 2025 co
MACRO | Oct 16, 2026, 02:42 AM UTC
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Dollar Holds Decline
The US dollar index traded around 102 on Friday after declining in the previous session, underperforming other safe-haven assets such as government bonds and precious metals following the recent selloff in technology and
CENTRAL_BANK | Oct 16, 2026, 02:42 AM UTC
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BRIEF — City Therapeutics Prices Upsized IPO Of 11.1 Million Shares Of Its Common Stock At $18 Per Share
Oct 15 (Reuters) — City Therapeutics - Pricing Of Its Upsized Ipo Of 11.1 Million Shares Of Its Common Stock At $18 Per Share Source text:... Further company coverage: [ ] (Reuters.Briefs@thomsonreuters.com;)
EQUITY | Oct 16, 2026, 02:39 AM UTC
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India Hikes Petrol Export Levy, Slashes Diesel Duty
India revised export levies on petrol and diesel for the next fortnight while keeping the duty on aviation turbine fuel unchanged, as the government continues to adjust the charges in line with international energy price
NEWS | Oct 16, 2026, 02:38 AM UTC
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UOB Kay Hian Sees NTT DC REIT Benefiting From Europe Expansion
UOB Kay Hian analyst Jonathan Koh says NTT DC REIT may benefit from its European expansion aim. The REIT has $261 million in debt headroom that could fund an acquisition of a 24-megawatt hyperscale data center in Frankfu
EQUITY | Oct 16, 2026, 02:38 AM UTC
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EMERGING MARKETS — Jakarta stocks plunge 11% as MSCI set to drop Indonesia from indexes
Oct 16 (Reuters) — Indonesian stocks tumbled more than 11% on Friday and the rupiah weakened sharply after index provider MSCI said the Jakarta stock market was no longer worthy of "emerging market" status, in a major se
GEOPOLITICS | Oct 16, 2026, 02:38 AM UTC
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Stocks in Indonesia Hit Near 6-year Low
JCI decreased to 5287.00 Index Points, the lowest since November 2020. Over the past 4 weeks, Jakarta Stock Exchange Composite Index lost 8.9%, and in the last 12 months, it decreased 27.83%.
EQUITY | Oct 16, 2026, 02:38 AM UTC
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US appeals court invalidates federal $9 billion telecom subsidy fund
By David Shepardson WASHINGTON, Oct 15 (Reuters) — A U.S. federal appeals court said on Thursday the Federal Communications Commission exceeded its authority in setting up a telecoms subsidy program in the late 1990s use
GEOPOLITICS | Oct 16, 2026, 02:37 AM UTC
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UTI Adds North American Customer Sales Update to Shareholder Meeting Agenda
UTI issued an Oct. 16, 2026, correction adding a North American customer sales update to its Oct. 30 extraordinary shareholders meeting. Shareholders will vote on a plan for holding and disposing of treasury shares. Disc
EQUITY | Oct 16, 2026, 02:37 AM UTC
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INDIA RUPEE — Rupee to rise as offshore traders cut bearish bets, RBI clarifies hedging rules
By Nimesh Vora MUMBAI, Oct 16 (Reuters) — The Indian rupee is poised to rally despite weakness across Asian peers, with offshore traders cutting bets against the Asian currency and expectations of continued central bank
CENTRAL_BANK | Oct 16, 2026, 02:37 AM UTC
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Indonesia Stocks Sink 8% at Open after MSCI Downgrade Risk
Indonesian equities opened sharply lower Friday, tumbling 470 points or 8% to 5,393 after MSCI proposed downgrading the country to standalone market status, citing persistent governance concerns and suspected coordinated
NEWS | Oct 16, 2026, 02:36 AM UTC
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Four Mutual Funds Halt Fresh Investments in Gold ETF FoFs
ICICI Prudential, Kotak, Axis and Tata Mutual Fund issued addendums on October 15 temporarily stopping fresh investments in their gold ETF fund-of-funds. The supplied report says festive gold demand is peaking.
COMMODITIES | Oct 16, 2026, 02:36 AM UTC
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Nomura Analysts Say India’s Exports Show Broad-Based Resilience
Nomura analysts Aurodeep Nandi and Sonal Varma said in a note that September exports were strong across most products and destinations. They said import growth also reflected steady demand across consumer, investment and
MACRO | Oct 16, 2026, 02:36 AM UTC
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Rupee Seen Rising as Offshore Traders Cut Bearish Bets
The rupee is expected to open at 94.75 to 94.80, with offshore traders cutting bearish positions. The report also cites expectations of continued central bank dollar selling.
FX | Oct 16, 2026, 02:35 AM UTC
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Tesla Showcases Long-Awaited Roadster With Aerial Tricks
Tesla showcased its new Roadster sports car in a demonstration where it drove up a ramp, did a controlled flip, and performed other stunts using air thrusters developed in partnership with SpaceX engineers. ()
NEWS | Oct 16, 2026, 02:34 AM UTC
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INDIA BONDS — Fresh debt sale set to rattle Indian bonds as rate — hike jitters persist
By Dharamraj Dhutia MUMBAI, Oct 16 (Reuters) — Indian government bonds are likely to face selling pressure ahead of fresh supply through the weekly auction on Friday, adding to prevailing caution over the local central b
CENTRAL_BANK | Oct 16, 2026, 02:34 AM UTC
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Indian Bonds Face Selling Pressure Ahead of Friday Auction
Government bonds are likely to face selling pressure before Friday’s weekly auction, with caution over the central bank’s rate outlook also weighing. The benchmark 6.94% 2036 bond yield may trade between 7.38% and…
RATES | Oct 16, 2026, 02:33 AM UTC
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PRESS DIGEST — Financial Times — October 16
Oct 16 (Reuters) — The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Healey signals tax raid on banks in UK Budget Bankers a
GEOPOLITICS | Oct 16, 2026, 02:33 AM UTC
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Qurient Sets Initial Share Offering Price at KRW 14,900, Targets KRW 105.79 Billion
Qurient set the initial issue price for 7,100,000 registered common shares at KRW 14,900 each, raising expected proceeds to KRW 105.79 billion. The shareholder allocation will be followed by a public offering of unsubscr
EQUITY | Oct 16, 2026, 02:32 AM UTC
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India’s LIAFI Seeks 35% First-Year Commission, Opposes Automatic Clawbacks
The Life Insurance Agents’ Federation of India seeks higher commissions for individual agents and opposes automatic commission recovery over alleged mis-selling.
EQUITY | Oct 16, 2026, 02:32 AM UTC
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Vini Cosmetics Appoints Manoj Gadgil as CEO
Gadgil succeeds Krishnan Sundaram, who left to join Bajaj Electricals in August 2026. The body is truncated after stating that Gadgil joined Vini Cosmetics.
EQUITY | Oct 16, 2026, 02:32 AM UTC
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RENOUNCEABLE RIGHTS ISSUE OF UP TO 120,000,000 NEW ORDINARY SHARES IN WELL CHIP GROUP BERHAD ("WELL CHIP" OR THE "COMPANY") ("WELL CHIP SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING WELL CHIP SHARES HELD AS AT 5.00 P.M. ON 16 OCTOBER 2026 ("RIGHTS ISSUE")
Prospectus WELL CHIP GROUP BERHAD Subject RENOUNCEABLE RIGHTS ISSUE OF UP TO 120,000,000 NEW ORDINARY SHARES IN WELL CHIP GROUP BERHAD ("WELL CHIP" OR THE "COMPANY") ("WELL CHIP SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE
EQUITY | Oct 16, 2026, 02:32 AM UTC
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Qurient Raises Indicative Share Issue Price to KRW 14,900 in Corrected Filing
Qurient’s Oct. 16 correction raised the indicative rights offering price to KRW 14,900 per share from KRW 14,310. Planned operating funding increased to KRW 105.79 billion from KRW 101.6 billion. The offering comprises 7
EQUITY | Oct 16, 2026, 02:32 AM UTC
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Yatsen Presents Record 20 Research Papers at IFSCC Congress in Perth
Yatsen Holding presented a record 20 research papers at the 36th IFSCC cosmetics science congress in Perth. The total was nearly double its 2025 tally, marking the group's fifth consecutive appearance at the congress. R&
GEOPOLITICS | Oct 16, 2026, 02:32 AM UTC
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Next Eye Corrects Executive’s Shareholding Total to 15,692 From 15,691
Next Eye corrected an executive shareholding report on Oct. 16, 2026, raising the post-transaction total to 15,692 shares from 15,691. Vice President Yang Ki-il purchased 15,692 common shares at KRW 1,936 each that day,
EQUITY | Oct 16, 2026, 02:32 AM UTC
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India IT Gains Favor as an Anti-AI Bet Despite Mixed Earnings
Indian IT shares climbed to a five-week high.
EARNINGS | Oct 16, 2026, 02:32 AM UTC
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Sterlite Technologies Reports Record Q1 FY27 Profit of Rs 197 Crore
Sterlite Technologies posted quarterly revenue of Rs 1,910 crore in April–June 2026, also describing the period as a record quarter.
EQUITY | Oct 16, 2026, 02:32 AM UTC
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Gold and Silver Edge Higher After Earlier-Week Selloff
Gold and silver prices edged higher in overseas trade on Friday, October 16, recovering some ground after a sharp selloff earlier in the week.
COMMODITIES | Oct 16, 2026, 02:31 AM UTC
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Oil Slips as Middle East Risks Weigh; Gold Steadies
Oil edged lower as investors weighed Middle East tensions, while gold steadied after its biggest gain in more than two weeks on Thursday.
MACRO | Oct 16, 2026, 02:31 AM UTC
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Asian session market picture: S&P 500 +0.01%, Nasdaq 100 -0.17%; USD/JPY +0.03%, WTI -0.64%, 1810 leads volume
Asian session market picture. US index futures: S and P futures is up 0.01 percent, Nasdaq futures is down 0.17 percent, Dow futures is up 0.08 percent and Russell futures is up 0.06 percent. In currencies, the dollar in
EQUITY | Oct 16, 2026, 02:31 AM UTC
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Dusk Group LFL Sales Rise 7.2% in First 15 Weeks of FY2027
The Australian home fragrance retailer said total sales rose 5.7% over the corresponding period, despite operating six fewer stores year over year.
EQUITY | Oct 16, 2026, 02:31 AM UTC
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Sea Dragon Energy Celebrates First — Fuel Milestone, Dedicates Hawai’i R&D Facility
For best results when printing this announcement, please click on link below: Sea Dragon Energy Celebrates First-Fuel Milestone, Dedicates Hawai’i R&D Facility Milestone advances development of technology to produce stra
NEWS | Oct 16, 2026, 02:29 AM UTC
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BUZZ — Keymed Biosciences hits near 3 — month high on product revenue growth
* Shares of Keymed Biosciences jump 12.5% to HK$85.7, their highest level since July 24 * Stock of biological therapies developer on course for biggest one-day pct rise since June 29 after three consecutive sessions of f
GEOPOLITICS | Oct 16, 2026, 02:29 AM UTC
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INDIA STOCKS — Indian shares on track for higher open on lower Treasury yields, SEBI relief
Oct 16 (Reuters) — Indian shares are likely to open higher on Friday, extending their recovery from the previous session, as a drop in US Treasury yields and changes to the closing auction session by the local markets re
EARNINGS | Oct 16, 2026, 02:28 AM UTC
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Iron ore rebounds from two — year low on dip buying, improving steel margins
Oct 16 (Reuters) — Iron ore prices rebounded on Friday after touching more than two-year lows the day before, aided by a raft of dip buying amid signs of improving steel margins and downstream consumption in top consumer
EARNINGS | Oct 16, 2026, 02:28 AM UTC
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Russia returns to G20 table in Bangkok on U.S. invitation that angers Europe
Russia’s return to the G20 table has tested how far Washington’s outreach to Moscow will strain ties with European allies.
GEOPOLITICS | Oct 16, 2026, 02:27 AM UTC
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Asian Stocks Rebound After Technology Selloff
Asian equities recouped some losses, mirroring gains in the U.S., after a technology selloff driven by concerns about AI spending.
EQUITY | Oct 16, 2026, 02:27 AM UTC
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South Korea's Kospi rises 3.0% to 5721.43
EQUITY | Oct 16, 2026, 02:25 AM UTC
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South Korean Shares Set for Biggest Weekly Fall Since 2008
South Korean shares rebounded 2.36% on Friday but remained on track for their biggest weekly loss in 18 years, amid AI worries.
EQUITY | Oct 16, 2026, 02:24 AM UTC
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Jarden Analysts Say Treasury Wine Estates Needs More Innovation
Jarden analysts see potential in Treasury Wine Estates’ latest update but retain their neutral rating and target price.
EQUITY | Oct 16, 2026, 02:23 AM UTC
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Oxford Innovation Finance invests in Exact Comms to support international expansion
Oxford Innovation Finance invested in Exact Comms through the Oxford Innovation EIS Growth Fund and OION Angels. The funding will support the Northern Ireland-based company's international expansion, technology developme
NEWS | Oct 16, 2026, 02:22 AM UTC
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Shindaeyang Paper Subsidiary Daeyang Paper to Invest KRW 190.4 Billion in Equipment to Restart Plant
Shindaeyang Paper subsidiary Daeyang Paper will invest KRW 190.4 billion in machinery to restart its factory. The investment covers new PM-9 equipment, with Valmet among the suppliers. The acquisition represents 20.63% o
MNA | Oct 16, 2026, 02:22 AM UTC
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Sysco Ends Los Angeles Teamsters Strike, Restores Operations
Sysco reached an agreement with Teamsters Locals 630 and 848 to end the Los Angeles strike and restore normal operations.
EQUITY | Oct 16, 2026, 02:21 AM UTC
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Corn Holds Near 2-Month Low
Corn futures held below $4.8 per bushel, staying near their lowest level in eight weeks, as expectations of a larger US crop and higher inventories outweighed the slower harvest pace. In its October outlook, the USDA rai
NEWS | Oct 16, 2026, 02:21 AM UTC
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South Korea Finance Ministry Says Economic and Stock Market Fundamentals Remain Sound
The ministry said domestic economic and stock market fundamentals remain sound despite heightened volatility driven by external factors.
EQUITY | Oct 16, 2026, 02:20 AM UTC
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ANZ Economist Says November RBA Rate Hike Faces Higher Hurdle
Adam Boyton says weak employment data have softened the case for a November increase, though he still expects a hike; upcoming third-quarter inflation data remain relevant.
CENTRAL_BANK | Oct 16, 2026, 02:20 AM UTC
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Covenant Venture Capital Highlights Structural Risks Behind Structured Credit Yields
Covenant Venture Capital's structured credit analysis emphasizes collateral quality, payment priority and underwriting discipline over headline yield when assessing downside protection. Senior claims receive payments bef
CENTRAL_BANK | Oct 16, 2026, 02:19 AM UTC
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Iron Ore Edges Higher in Likely Technical Rebound
Iron ore prices rose in early Asian trade as a likely technical rebound. ANZ Research analysts said prices had recently traded below US$90 a ton for the first time since 2024 as fundamentals weakened.
COMMODITIES | Oct 16, 2026, 02:18 AM UTC
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Uni — Charm Indonesia Holds Extraordinary Shareholder Meeting
Uni-Charm Indonesia shareholders approved amendments to Article 3 of its articles of association at an extraordinary meeting on October 14, 2026. The board received authority to implement the amendments, including execut
EQUITY | Oct 16, 2026, 02:18 AM UTC
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BRIEF — Sysco Says Co Reaches Agreement With Teamsters Locals 630 And 848 To End Strike
Oct 15 (Reuters) — Sysco Corporation: Sysco Reaches Agreement With Teamsters Locals 630 And 848 To End Strike Source text:... Further company coverage: SYY.N (Reuters.Briefs@thomsonreuters.com;)
NEWS | Oct 16, 2026, 02:18 AM UTC
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Sysco Reaches Teamsters Deal to End Los Angeles Strike
Sysco reached an agreement Oct. 15, 2026, with Teamsters Locals 630 and 848 to end a Los Angeles strike. The agreement advances restoration of normal operations following disruptions affecting customers, employees and co
NEWS | Oct 16, 2026, 02:18 AM UTC
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Hakuhodo DY Holdings Hosts Seminar on Venture Secondary Investment
Hakuhodo DY Holdings will host its eighth Global Deep Tech VC Seminar online on Nov. 11, 2026, with Corundum Systems Biology. Shiza Ventures Managing Partner Jordan Fisher will discuss international approaches to venture
NEWS | Oct 16, 2026, 02:18 AM UTC
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Triad Business Bank Publishes M&F Bancorp Offer After Board Rejection
Triad Business Bank disclosed its fourth proposal for M&F Bancorp despite the target board's October 14 rejection of further discussions. The October 8 proposal offers $53.50 cash per share for up to 25% of outstanding s
EQUITY | Oct 16, 2026, 02:17 AM UTC
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Bank of England's Bailey says second — round inflation pressures look subdued so far
BANGKOK, Oct 16 (Reuters) — Soaring energy prices so far appear to be having limited wider effects on British prices, but it is too soon to draw firm conclusions, Bank of England Governor Andrew Bailey said on Friday. "I
NEWS | Oct 16, 2026, 02:17 AM UTC
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BoE Governor Bailey Says Wider Inflation Effects Remain Subdued So Far
Andrew Bailey said soaring energy prices appear to have had limited wider effects on British prices so far, but it is too early to draw firm conclusions.
CENTRAL_BANK | Oct 16, 2026, 02:17 AM UTC
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Sysco Reaches Agreement with Teamsters Locals 630 and 848 to End Strike
EQUITY | Oct 16, 2026, 02:16 AM UTC
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OpenAI: Rosalind academic plan now accessible to academic Lai
OpenAI: Rosalind academic plan now accessible to academic Lai
NEWS | Oct 16, 2026, 02:16 AM UTC
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Liteon highlights 800 VDC power technologies at Nvidia MGX ecosystem during OCP to boost next-gen AI infrastructure
Liteon highlights 800 VDC power technologies at Nvidia MGX ecosystem during OCP to boost next-gen AI infrastructure
NEWS | Oct 16, 2026, 02:16 AM UTC
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Offshore Yuan Holds at Strongest Since 2022
The offshore yuan held around 6.69 per dollar on Friday, remaining at its strongest level since July 2022 as China accelerates efforts to establish the currency as a global player. Beijing is broadening the range of avai
GEOPOLITICS | Oct 16, 2026, 02:16 AM UTC
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Strive Expects SATS Stock Issuance and Sale to Settle Oct. 20
EQUITY | Oct 16, 2026, 02:15 AM UTC