October 17, 2025 — Global equity funds witnessed their fourth straight week of inflows through October 15, fueled by growing expectations that the U.S. Federal Reserve will deliver an interest rate cut later this month. The dovish signals from Fed Chair Jerome Powell bolstered investor confidence and renewed optimism in global markets despite lingering geopolitical…

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NEW YORK, October 17, 2025 — U.S. equity funds saw a strong rebound in investor inflows during the week ending October 15, reversing a sharp sell-off the week before, as optimism over Federal Reserve rate cuts and solid corporate earnings lifted market sentiment. According to LSEG data, investors poured a net $1.04 billion into U.S.…

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BEIJING, October 18, 2025 — In a major boost to regional connectivity and diplomatic relations, China Eastern Airlines (600115.SS) has announced it will resume direct flights between Shanghai and Delhi from November 9, 2025, marking the end of a five-year suspension of air travel between China and India. According to the airline’s official website, flights…

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LONDON, October 18, 2025 — Benchmark Mineral Intelligence, the UK-based research and pricing firm specializing in energy transition minerals, has laid off roughly 20% of its staff, sources familiar with the company confirmed. The move reflects the mounting pressure from a slowdown in the electric vehicle (EV) industry and a steep decline in prices of…

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MUMBAI, October 18, 2025 — HDFC Bank Ltd (HDBK.NS), India’s largest private lender by market capitalization, reported a better-than-expected profit for the September quarter, buoyed by strong loan growth and higher trading income, even as net interest margins (NIMs) continued to weaken. The bank posted a standalone net profit of ₹186.4 billion ($2.12 billion) for…

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WASHINGTON, October 18, 2025 — U.S. Treasury Secretary Scott Bessent announced that he will meet with Chinese Vice Premier He Lifeng next week in Malaysia to prevent an escalation in U.S. tariffs on Chinese goods. The high-level meeting aims to revive dialogue between the world’s two largest economies amid mounting trade tensions triggered by President…

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LONDON, October 18, 2025 — Former BT Group CEO Philip Jansen, currently serving as Chairman of marketing conglomerate WPP, is reportedly in advanced talks with Heathrow Airport’s board and major shareholders to become the next chairman of the UK’s largest airport, according to a Sky News report published on Saturday. If negotiations are successful, Jansen…

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HOUSTON, October 17, 2025 — Oil markets are poised to record their first significant weekly decline in nearly a month, as easing geopolitical tensions and signs of a growing supply glut weigh on investor sentiment. According to Reuters, both Brent crude and U.S. West Texas Intermediate (WTI) saw modest gains on Friday but were on…

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October 18, 2025 — Kyiv / London:Repair work has officially begun on the damaged power lines serving Ukraine’s Zaporizhzhia Nuclear Power Plant (ZNPP) after a four-week outage, marking the first tangible progress in restoring external electricity to the site since the escalation of regional fighting last month. According to Rafael Grossi, Director General of the…

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MUMBAI, Oct 18, 2025 — ICICI Bank Ltd. (ICBK.NS), India’s second-largest private lender by market capitalization, reported a stronger-than-expected profit for the quarter ended September 2025, supported by lower provisions against bad loans even as treasury income declined due to volatile bond markets. The Mumbai-based bank posted a standalone net profit of ₹123.59 billion ($1.40…

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