China’s Fifth Plenum opens as AI exports mask weak home demand
China’s leadership meets behind closed doors for the 5th plenum. The Fifth Plenum runs 26–29 October,…
Asia-Pacific
Global money is bidding for India's biggest growth stories while leaving India’s index
Indian stocks extended their losing streak on high crude and a weak rupee, as foreign investors keep selling. At the sam…
Putin, Zelenskyy Back Three-Way US Peace Talks on Ukraine
Putin says he’s ready to talk, and his price hasn’t changed. After meeting Witkoff, he agreed in princi…
Jio IPO sets a global record with 10 million+ applications on final day
India’s biggest IPO now holds a global record too. Jio Platforms became the first public offer in the world to cro…
Kospi plunges 4% on AI jitters, yet SK seeks $350B for data centres
The AI build-out is still accelerating even as markets question how it will be paid for. Thursday showed both sides of t…
$112 oil piles onto bond and tech jitters; global stocks slide
Markets were already nervous. Oil made it worse. Bond yields were climbing, with France’s 10-year above 5% and US…
China’s tech giants order $35B of Nvidia’s export-compliant chips
Washington banned Nvidia’s best chips from China, so China is buying the next best thing in bulk. ByteDance, Alib…
Power grids, not chips, may be the real bottleneck for AI infrastructure
NextDC crashes 42%, wiping A$3B, as power delays hit AI build-out. Australia’s biggest listed data centre operator…
Trump says India trade deal “pretty close” after Mumbai talks
“Pretty close.” That’s how Trump described a US–India trade deal on Tuesday, after more than a y…
AI IPO chill: Korea’s Elice crashes 30% on debut
The AI infrastructure trade just met reality. Seoul’s Elice, which builds AI cloud services and modular data centr…
Jio raises ₹8,110 crore from anchors as India’s biggest IPO opens
Jio raised the money from 212 anchor investors, including LIC and Capital Group, ahead of its ₹30,188-crore IPO openin…
China’s economy beats forecasts with 4.5% Q3 growth on export boom
China’s GDP expanded 4.5% in July–September from a year earlier, up from 4.3% in Q2 and ahead of most foreca…
Indonesia stocks crash 5% more to six-year low on MSCI fears
Indonesia’s market meltdown is deepening. The benchmark index plunged more than 5% on Monday to its lowest level i…
TSMC posts sixth straight record profit; Jio readies $3.2B IPO
Asia’s AI winner kept winning while India prepared for its biggest-ever listing, even as Chinese tech stocks slid.…
Uzbekistan signs $4.7B energy deals, plans two more nuclear plants
Uzbekistan signed six energy agreements worth $4.7bn and announced plans for two more nuclear plants. President Mirziyoy…
MSCI Moves to Drop Indonesia From Emerging Markets; JCI Crashes 11%
MSCI has proposed moving Indonesia from Emerging Market to “standalone” status, skipping a frontier downgrad…
Japan pays up to $21B for two US chip fabs run by GlobalFoundries
Japan will fund up to $21 billion for two new chip factories in upstate New York, operated by GlobalFoundries. It is th…
TSMC posts a record $23.6B profit as AI demand overrides the chip sell-off
Chip stocks crash, TSMC’s profits don’t. The world’s biggest contract chipmaker grew net profit…
KOSPI crashes 7.6% to 5,554, wiping out its 9,000-point AI rally
The KOSPI fell 7.57% on Thursday to close at 5,554.22, its lowest finish since April 7. A new global chip sell-off hit S…
Two Southeast Asias
Every economy in the AI-linked group holds or improves on its 2025 pace; every one in the exposed group slows. The plug…
IMF Lifts 2026 Global Growth to 3.1% as AI Boom Offsets War Shock
The IMF expects the world economy to grow 3.1% in 2026, slightly better than it forecast in July. But growth is now conc…
India equity MF inflows jump 31% to ₹38,307 crore; SIPs hit record
Equity mutual funds in India pulled in ₹38,306.55 crore in September, up 30.61% from August, according to AMFI data re…
Data Centres Are Now War Targets?
Iran has put the Gulf's AI build-out back in the crosshairs. It has already hit these targets once this year, so the Gul…
US–China rare-earth ‘cliff’ moves from November to January, but nothing is settled
China’s suspension of its toughest rare-earth export curbs was due to lapse on Nov 10. A two-month truce extensio…
India: RBI opens special dollar window for IOC, HPCL, BPCL from Monday
The Reserve Bank of India will supply the state oil companies’ entire daily dollar needs directly, taking India&rs…