Anthropic eyes over $30 trillion In potential revenue as IPO plans take shape
Anthropic is reportedly preparing to pitch a more than $30 trillion AI-driven market opportunity as it moves closer to a potential IPO targeting a...
Crude prices fall as Iran-Oman talks ease fears of prolonged Hormuz disruption
Crude prices fall as prospects of a temporary Strait of Hormuz corridor ease fears of prolonged disruption to global oil supplies. US oil prices...
IMF’s Georgieva sees resilience on energy shock, warns of fiscal strain
IMF chief Kristalina Georgieva says the global economy has proved more resilient than feared to the Gulf energy shock, but rising bond yields, sticky...
US Iran sanctions put India under growing pressure as Indian firms face fresh action
Washington’s latest Iran sanctions target four India-based companies and three Indian nationals, raising concerns over trade, payments and the future of New Delhi’s economic...
India plans 2-hour battery storage mandate for new solar, wind projects
New renewable projects may need battery storage as India tackles rising solar power curtailment India is preparing to make battery storage a mandatory part...
US jobs surge by 162,000 in August, far above estimates; unemployment stays at 4.1%
The stronger-than-expected jobs data could complicate the Federal Reserve’s rate decision later this month, with markets still split over whether policymakers will raise rates...
US diesel price hits record $5.85 a gallon as Iran war disrupts global fuel...
Record diesel prices are raising the cost of moving goods across the US, with the impact potentially spreading to food, deliveries and consumer prices...
South Korea targets February 2027 rollout for tokenised securities market
South Korea plans to begin putting traditional securities such as bonds, funds and selected shares on digital ledgers from February 2027, as regulators move...
China’s rare earth suppliers hold back US shipments over fears of Beijing backlash: Report
Chinese rare earth suppliers are wary of shipping to US buyers amid fears of retaliation from Beijing, adding to supply concerns ahead of Xi...
China’s banks are buying US Treasuries as Beijing tries to slow yuan gains: Report
Chinese banks are offering higher dollar deposit rates and investing the funds in US Treasuries as domestic yields remain low and the yuan strengthens...
