New Zealand's central banking authority, the Reserve Bank of New Zealand (RBNZ), has announced a significant reduction in its primary interest rate, cutting it by 50 basis points in a move aimed at stimulating the economy.

New Zealand central bank cuts interest rates by 50 basis points in a bid to stimulate economy

FTSE Russell recently announced that it would add India's sovereign bonds to its Emerging Markets Government Bond Index, or EMGBI, from September 2025. It is the third major index provider to announce this inclusion, after JP Morgan and Bloomberg Index Services.

India and South Korea bonds to join FTSE Russell government indexes in 2025

China's economic outlook is facing a significant downturn, with the World Bank projecting a decrease in growth to 4.3 per cent for 2025. This marks a decline from the previously estimated 4.

China's growth to slow next year despite boost from stimulus, World Bank warns

The global economy is currently experiencing an unprecedented 'dangerous time' as tensions in West Asia continue to escalate, according to Daniel Yergin, Vice Chairman of S&P Global.

Global economy faces dangerous turmoil amid escalating tensions in West Asia

General Motors anticipates its adjusted earnings for 2025 will fall within a 'similar range' to this year's performance, according to CFO Paul Jacobson, who spoke during the company's investor day on October 8.

GM expects 2025 earnings to be ‘similar' to this year despite industry headwinds

The Reserve Bank of India (RBI) has announced its decision to keep the benchmark repo rate steady at 6.5 per cent for the tenth consecutive time, a move that underlines the country's economic resilience despite shifting global trends.

RBI holds rates steady at 6.5%, signalling economic resilience amid global trends

Northern Arc, a prominent non-bank lender, has announced its ambitious plan to raise Rs 1,000 crore through an alternate investment fund (AIF). This initiative is spearheaded by its subsidiary, Northern Arc Investment Managers (NAIM), and aims to bolster financial inclusion and stimulate economic growth across various sectors as detailed in a report by the Press Trust of India.

Northern Arc targets Rs 1,000 crore through innovative alternate investment fund

Seen as a significant ruling that could reshape the mobile app landscape, a US judge has ordered Alphabet's Google to implement major changes to its Play Store, allowing for increased competition and greater flexibility for Android users.

Google ordered to open its app store to competition in landmark ruling

India's Petroleum and Natural Gas Minister Hardeep Singh Puri has expressed confidence in the country's ability to manage potential disruptions in oil supply stemming from escalating tensions in West Asia.

India poised to navigate West Asia tensions, says petroleum minister Hardeep Singh Puri

Foxconn's Chairman Young Liu has recently shed light on the rapidly growing field of artificial intelligence (AI), asserting that the current investment boom in AI is far from over.

Foxconn Chairman predicts continued growth in AI investment as language models evolve

The Indian government has announced plans to establish an Invest India office in Dubai, marking a significant step towards attracting investments from the UAE. Union Minister for Commerce and Industry Piyush Goyal revealed this initiative during a press briefing following the 12th meeting of the India-UAE High-Level Task Force on Investment.

Government to open invest India office in Dubai to boost UAE investments

Samsung Electronics, a leading South Korean technology giant, revealed that its anticipated profit for the third quarter of 2024 is set to disappoint investors on October 7.

Samsung posts disappointing third-quarter profit guidance amid market challenges

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