U S INTELLIGENCE REFORMS
Japan's Topix hits record high, yen and bonds fall on PM Ishiba exit
Japan's Topix share gauge reached a record high, the yen weakened and longer-dated bonds slid on Monday after Prime Minister Shigeru Ishiba's resignation stoked speculation that his successor will raise government spending.
Japan's Topix hits record high, yen falls as PM Ishiba resigns
Following Shigeru Ishiba's resignation, Japan's Topix index reached a record high, while the yen weakened amid speculation that his successor will increase government spending. Sanae Takaichi, a potential candidate known for expansionary fiscal policies, is seen as positive for equities but potentially challenging for the bond market.
Zara, Levi’s, Lacoste among global fashion brands that may be hit by new GST rates
India's tax overhaul is set to reduce prices on various goods, but global fashion brands face higher levies on apparel exceeding $29. This move impacts premium wear, affecting brands like Zara and Levi Strauss, as young, brand-conscious consumers may become price-sensitive.
You will make 12-15% CAGR but don’t invest for 5-6 month horizons: Raamdeo Agrawal
Raamdeo Agrawal of Motilal Oswal Financial Services advises long-term investment in Indian equities, projecting 12-15% annual growth. He cautions against short-term expectations and suggests staggered investments amid market volatility. Agrawal urges GST rationalization and opening tourism and education sectors for economic stimulus.
Sensex jumps over 300 pts, Nifty tops 24,500 as IT stocks, banks advance on upbeat GDP, U.S. court's ruling
Indian markets traded higher on Monday, fueled by strong GDP data and a U.S. court ruling on Trump's tariffs. Sensex and Nifty saw gains, particularly in the IT and financial sectors. While India's GDP growth exceeded expectations, concerns remain about the potential impact of U.S. trade policies on future business activity.
GIFT Nifty up 50 points; here's the trading setup for today's session
Nifty experienced a dip due to market reactions to imposed tariffs. Analysts anticipate that supportive policies will bolster domestic markets amidst global trade challenges. The rupee strengthened against the US dollar, influenced by a weaker dollar and lower crude oil prices. India VIX, a measure of market fear, saw a decrease.
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China builds a high-tech Air Force with new fighters, bombers, and unmanned systems
Over the past two decades, the People's Liberation Army Air Force (PLAAF) has transformed into a technologically advanced force by retiring older aircraft and introducing modern, multi-role platforms like the J-20 stealth fighter. China has also invested in strategic bombers, support aircraft, ISR capabilities, and unmanned systems to extend its operational reach and enhance its ability to project power.
How China influences elections in America's biggest city
Chinese hometown associations in New York City, some with ties to the Chinese consulate, are accused of meddling in local elections. These groups have allegedly undermined candidates critical of China's government and supported those aligned with the Communist Party. Tactics include mobilizing voters, fundraising, and leveraging social media to influence election outcomes, raising concerns about foreign interference in U.S. politics.
Tulsi Gabbard axes $700 million from intelligence office, slashing workforce in bold shake-up
Tulsi Gabbard announced big changes at the Office of the Director of National Intelligence with deep budget cuts and job reductions. The move is part of a wider plan by the Trump administration to reshape how intelligence works. Supporters call it smart cost-cutting, while critics warn it could weaken national security.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets extended gains for a fifth session on Wednesday, driven by IT stocks and strong domestic inflows. Nifty closed above 25,000 as investors awaited cues from the U.S. Federal Reserve’s Jackson Hole symposium.
Trump says Putin agrees with him US should not have mail-in voting
Donald Trump claimed Vladimir Putin shares his concerns about the security of mail-in voting, advocating for stricter election reforms. Trump expressed frustration with Republicans for not prioritizing these changes, despite independent analysts stating voter fraud is rare. Putin's own election victory in Russia faced allegations of vote rigging, adding complexity to their shared skepticism.
Vietnam wants to be the next Asian tiger and it's overhauling its economy to make it happen.
Vietnam is embarking on an ambitious economic overhaul to become Asia's next "tiger economy" by 2045, balancing growth with reforms, an aging population, and climate risks. The nation aims to shift from a low-cost, export-led model to one driven by private businesses and high-tech sectors.
Nuclear war of words: Who is Dmitry Medvedev, the Russian war hawk who got under Trump's skin?
Dmitry Medvedev, the former Russian president, has engaged in a heated social media exchange with Donald Trump, prompting the latter to announce the repositioning of U.S. nuclear submarines. Medvedev's recent aggressive rhetoric and warnings of nuclear conflict have drawn criticism and sparked direct responses from Western leaders, marking a shift in how his statements are perceived and addressed.
Epstein furore undermines public trust, Republican election hopes, two US lawmakers say
The controversy surrounding Jeffrey Epstein is threatening to damage public trust in the Trump administration and could hurt Republican chances in the 2026 midterm elections, according to bipartisan lawmakers. Reps. Thomas Massie (R) and Ro Khanna (D) are pushing for full disclosure of Epstein-related government files, arguing the lack of transparency fuels public cynicism about elite immunity.
China plans network to sell surplus computing power in crackdown on data centre glut
China is actively developing a national network to distribute computing power and address the oversupply of data centers. The initiative follows a period of rapid expansion and aims to consolidate resources, improve efficiency, and support the country's AI ambitions. Challenges remain in achieving seamless data transfer and integrating diverse chip technologies.
Trump joins tech and energy executives amid AI push
The Energy and Innovation Summit at Carnegie Mellon University is expected to bring tech executives and officials from top energy and tech firms including Meta, Microsoft, Alphabet and Exxon Mobil to discuss how to position the US as a leader in AI.
BRICS summit opens in Brazil overshadowed by Trump's tariff policies and Middle East tensions
Brazil is hosting the BRICS summit. Discussions include global cooperation, trade, climate change, and security. Leaders are proceeding cautiously on issues like the Russia-Ukraine war and the Gaza conflict. The summit aims to promote peace and reform global institutions. Some key leaders are absent. The group seeks to avoid escalating tensions with the United States.
A battered Iran faces an uncertain future after its grinding war with Israel
Following a 12-day conflict with Israel, Iran faces significant challenges, including a decimated military, damaged nuclear program, and a struggling economy. Supreme Leader Khamenei must address internal security, rebuild the military, and rethink regional security policies. The potential for a nuclear weapons program or renewed negotiations with the U.S.
Trump declares MIGA, Make Iran Great Again — these are the leaders he might back to replace the current regime
Trump’s MIGA plan—Make Iran Great Again—has sparked global buzz as Donald Trump hints at regime change in Iran. After the U.S. bombed Iranian nuclear sites, Trump posted a bold message suggesting Iran needs new leadership. Could exiled Crown Prince Reza Pahlavi be his choice to lead a free Iran? Or will fringe groups like Restart Movement take center stage? This dramatic turn may reshape U.S.–Iran relations. With high tensions, bold slogans, and possible political backing, Trump’s MIGA is more than just a tweet—it might be the beginning of Iran’s next chapter.
Panic in Tehran as Israel–Iran war enters next phase: Trump eyes U.S. response amid rising global fears
Tehran war fears are rising fast as Israel launches its most intense attacks on Iran in decades, forcing thousands to flee the capital. With over 224 Iranians killed, including civilians, and Tehran’s economy collapsing under 43% inflation, fear and frustration are spreading. Many blame Israeli Prime Minister Netanyahu, while others also criticize their own leadership. As Israel targets key sites, even loyal citizens feel unsafe. Meanwhile, experts warn of deeper national unrest if the economy worsens. This gripping story from the ground reveals how everyday Iranians are reacting to a crisis that may reshape the country’s future forever.
Is Donald Trump the Cause? Stock Market's Unprecedented Growth; What’s Driving Record Valuations and Tech Dominance
Is Donald Trump the cause of the U.S. stock market's unprecedented growth? While many attribute the market's record valuations to his policies, others point to broader economic factors.
UN experts urge United Nations to lay foundations for global governance of artificial intelligence
The advisory body outlined principles that should guide formation of new institutions to govern AI including international law, and especially human rights law. It calls on all governments and parties involved in AI to work together to protect human rights.
BlackRock bullish on UK stocks after elections, Japan stocks are top play
The BlackRock Investment Institute (BII) said on Tuesday that recent parliamentary elections in Britain had made valuation of UK equities attractive, while Japan stocks remained its favoured equity investment play.
At WTO, growing disregard for trade rules shows world is fragmenting
The global organisation has alerted a polycrisis comprising of the Russia-Ukraine war, inflation and the pandemic and believes that it is weakening globalisation.
Ukraine claims to recapture Black Sea oil platforms seized during Crimea's annexation
The Ukrainian military has announced that it has recaptured strategic gas and oil drilling platforms from Russia in the Black Sea. The platforms, known as the Boyko Towers, were seized by Russia in 2015 and have been used to launch helicopters. The recapture of the platforms provides Ukraine with an energy source and brings them one step closer to regaining Crimea. However, the Russian Defense Ministry has not yet commented on the Ukrainian claim.
US decides to rejoin UNESCO and pay back dues, to counter Chinese influence
United States is planning to join UN cultural and scientific agency, UNESCO and pay more than $600 million in back dues to counter the growing influence of China in UNESCO's policy making. The decision is a big financial boost to the United Nations Educational, Scientific and Cultural Organization
Senators: CIA has secret program that collects American data
There have long been concerns about what information the intelligence community collects about Americans. The CIA and National Security Agency have a foreign mission and are generally barred from investigating Americans or U.S. businesses. But the spy agencies' sprawling collection of foreign communications often snares Americans' messages and data incidentally.
India seeks AI solutions from IT firms, startups to reduce power loss
With the use of advanced technologies, distribution companies will be well-equipped to make decisions across loss reduction, demand forecasting, differential tariff in a day and renewable energy integration.
Saudi Arabia signs MoUs with IBM, Alibaba and Huawei on AI
SAUDI-TECH/ (UPDATE 1)UPDATE 1-Saudi Arabia signs MoUs with IBM, Alibaba and Huawei on AI
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