Global News

Benchmark Brent crude prices fell 0.5% to $67.56 per barrel, while U.S. West Texas Intermediate prices also declined 40 cents to $63.64 per barrel at 3.42 a.m. ET.

he Hang Seng Tech Index hit a near-four-year high after China reportedly ordered top tech firms to halt AI chip purchases from Nvidia and cancel existing orders.

A PwC survey released this month projected that holiday spending by consumers would decline the most since the onset of the COVID-19 pandemic.

Panasonic said its new anode-free design could pack in more energy while trimming weight or cost, with a full unveiling expected Thursday.

The stock has rallied for five straight sessions in the U.S., marking a rare rebound following a share sale.

Fed’s first 2025 rate cut raised hopes of higher US discretionary spending, a key demand driver for Indian IT firms.

The move reduces compliance costs for exporters and offers some relief in sectors such as iron and steel, aluminium, and cement ahead of the rollout in 2026

The broader markets are expected to open on a positive note after the US Federal Reserve slashed the benchmark interest rate by 25 basis points.

Benchmark Brent crude prices fell 0.5% to $68.16 per barrel, while U.S. West Texas Intermediate prices also declined 0.5% to $64.21 per barrel at 4.13 a.m. ET.

The development marks a substantial win for Alibaba's nascent chip development efforts.

Nifty India Defence index has gained nearly 30% this year as the country pushes for ‘Made in India’ products

Japan Automobile Manufacturers Association chair Masanori Katayama said the industry would “wholeheartedly strive to ensure the virtuous cycle of wage increases continues” following the tariff cut.

Jindal pledges over €2 billion to expand low-carbon steel production

The ES8 is set to be officially unveiled at Nio Day 2025 this weekend, with Deutsche Bank expecting final prices to come down from pre-sale levels.

Urban Company is set to list at 10 am, GMP data indicating nearly a 50% premium over the issue price.

JLR was forced to go offline after its IT systems were hacked on September 1

The project is expected to have an exporting capacity of 12 million tons per year, which will make it the second biggest LNG export project facility in the country.

CEO Li Xiang is targeting 9,000–10,000 monthly sales for the new model by the end of the year.

The $196,000 e-Palette, designed for uses ranging from shuttles to food stalls, went on sale Monday and will be deployed at Toyota’s new Tokyo arena opening in October.

In an interview, White House trade adviser Peter Navarro doubled down on his criticism of India, stating the country has “very high tariffs and non-tariff barriers."

The reported discussions highlight how Western drugmakers are increasingly turning to Chinese biotechs for promising treatments even as U.S. regulators weigh tougher scrutiny on such deals.

Investors will closely monitor the meeting between a US trade delegation and India later in the day.

The lidar maker is expanding its role in autonomous driving as it secures exclusive supply rights for a U.S. robotaxi fleet and strengthens its position in Hong Kong amid delisting risks in the U.S.

The reduction stems from a Trump administration trade deal that also includes Japan’s pledge to create a $550 billion U.S. investment fund and boost purchases of American goods.

Spot gold prices stood at $3,641.55 per ounce at the time of writing, while U.S. gold futures edged lower to $3,679.00 per ounce.

Delegations from both sides are currently holding bilateral talks on issues including trade.

Benchmark Brent crude prices gained 0.5% to $66.17 per barrel, while U.S. West Texas Intermediate prices also advanced 0.5% to $62.99 per barrel at 3.44 a.m. ET.

The apex cryptocurrency gained 0.4% to $116,514 over the past 24 hours, while Ethereum slipped 0.6% to $4,661.57, and XRP fell 0.6% to $3.06, at the time of writing.

The move expands its European footprint and strengthens its position in advanced automotive technologies.

The deal will expedite the timeline for obtaining a license for a nuclear project from about three to four years to two years.

Argos, which Sainsbury's bought in 2016 for 1.1 billion pounds (about $1.4 billion), is Britain's second-largest general merchandise retailer

Bank of Japan and Bank of England Policy meetings are scheduled to take place this week

Gift Nifty indicates a positive opening for benchmark Indian indices

Xpeng has kicked off local manufacturing in Europe with G6 and G9 SUVs rolling off Magna Steyr’s assembly line in Graz, Austria, while also planning an R&D hub in Munich as part of its broader regional push.

The company’s profit slid for the first time in more than three years, delivery targets were cut, and rivals like Geely and Leapmotor are winning share as Beijing cracks down on price wars.

This is the fourth meeting between the two sides in four months.

Regulators are targeting industries from EVs and solar to food delivery as price wars slash margins, deepen deflation risks, and put jobs at stake across China’s economy.

Food inflation, which is a significant part of the consumer price index, came in at -0.69%, compared to -1.76% in July

EU Trade Commissioner Maroš Šefčovič and Agriculture & Food Commissioner Christophe Hansen set to meet Indian officials on September 12 and 13.

The Sept. 4 immigration sweep at a Hyundai–LG battery plant in Georgia has rattled investor confidence, delayed construction by months, and stirred diplomatic tensions between Washington and Seoul.

Toyota is relying on local tech partners, Xpeng is introducing new hybrid-range models, and Nio is drawing attention to its flagship SUV launch.

Investors will keep a close watch on the outcome of a key SEBI meeting and CPI inflation data for August

Mexico claims its tariff plan, which applies to nations without a free trade agreement, is designed to protect local jobs and industry; however, analysts view it as a move to appease the U.S.

Global EV sales reached 1.7 million units in August, lifted by strong gains in Europe, North America and other regions even as China weakened.

The company has partnered with SPC Group to open Chipotle outlets in South Korea and Singapore next year.

The deal, which follows a large investment in robotics firm X Square Robot, underscores Alibaba's growing play in advanced technology areas.

The launch comes as Japan’s EV adoption remains sluggish, with kei cars seen as a gateway to wider acceptance.

The episode comes less than two weeks after Lee met Trump in Washington, where Korean firms pledged hundreds of billions of dollars in U.S. investments.

Infosys’ board will meet today to consider a share buyback, its fifth proposal in the past eight years

The insider buying comes after reports of BYD trimming its 2025 sales target and its first quarterly profit drop in more than three years.