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Thursday, October 3, 2024
TopicBloomberg wire

Topic: Bloomberg wire

India’s economic indicators flash early warning signs for rebound

While the needle on a dial measuring the so-called ‘Animal Spirits’ remained stable, top producers signaled weakness as 2021 wound down.

Fed does what’s expected, not what’s needed

Federal Open Market Committee signaled it would start a rate-hiking cycle soon, follow with gradual reduction in its balance sheet, and end its asset-purchase program by early March.

Fed’s hawkish pivot sends sovereign yields soaring to highs across Asia, Australia, NZ

With growing expectations that the Fed stance will spur rapid tightening from central banks all over, yields rose across regions including in Asia.

World has taken over 10 billion Covid vaccine doses, rich nations used 71%: Bloomberg tracker

The remaining 29% of doses have been taken by less wealthy countries such as India, much of Africa and parts of Asia, which together make up almost half the people on Earth.

How Vladimir Putin keeps everyone guessing

Over the years, Putin has always had the upper hand tactically vis-à-vis the West because he’s had what’s called escalation dominance. But experts say he may have gone a big step too far.

Foreigners cash out of key Asian emerging markets ahead of Federal Reserve meet

Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India this week. That follows $4.9 billion of withdrawals last week, highest since August.

Covid endemicity isn’t a promise to safety. Experts tell you why

Endemicity refers to a state in which total number of infections is not dropping or growing — though an endemic disease can have big, predictable seasonal fluctuations.

India to look at Brazil, Russia for sunflower oil as invasion threat looms over Ukraine

Ukraine is India's biggest supplier of sunflower oil. Any escalation in Russia-Ukraine tension is likely to hit edible oil prices in the country as 70% of its requirement is imported.

David Fincher’s ‘Fight Club’ gets new ending in China, sparking social media storm

Unlike original storyline, the Chinese version treats the 1999 movie's Project Mayhem undertaking as a thwarted & misguided attempt at criminality, giving authorities a win at the end.

More expensive cars help Maruti Suzuki beat profit forecasts, but emission rules could hit sales

The automaker raised prices of some models last year to help offset higher input costs. But that didn't deter buyers as company says there is 'no lack of demand'.

On Camera

Gaza, Ukraine being fought on techno-battlefields. Indian military is 3 decades behind

My assessment is that the Indian armed forces are adopting emerging technologies for incremental change and not transformation—which is the need of the hour.

Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?