The Indian central bank seems to be in crisis-fighting mode. It has dusted off the playbook it last used during the 2013 taper tantrum to ward off a free fall in the currency. But the more desperate the defense of the psychologically important level of 100 rupees to the dollar, the greater the risk
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Iran shifting tactics to step up attacks on shipping before US vote, officials say Reuters
Gold held a two-day decline after a Federal Reserve official signaled one more interest-rate hike may be needed this year, but further tightening won’t be necessary in 2027, improving sentiment toward the precious metal.
Olympus Corp. shares tumbled the most since April 2025 after the US Food and Drug Administration issued a warning letter to the Japanese medical device maker following inspections the agency previously conducted at six facilities.
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Leaders of India’s youth-led “Cockroach” movement were arrested early Wednesday, the first such move by authorities since protests erupted, in an escalation of tensions over a contentious overhaul of the country’s voter rolls.
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India boat capsizes, drowning 13, mostly children Reuters
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AI lab discovered a recording device concealed behind a television in a conference room
Hongkong Land Holdings Ltd. is in discussions with Ong Beng Seng’s Hotel Properties Ltd. to buy a majority stake in three buildings in Singapore’s Orchard Road shopping belt, according to people familiar with the matter.