Belem, Brazil – A draft text for the COP30 United Nations Climate Change Conference released on Friday has dropped an earlier proposal to develop a global plan for transitioning away from fossil fuels, a key point of contention among nearly 200 participating nations. The omission comes despite pressure from dozens of countries, including Germany, Kenya,

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Mumbai, India – The Indian rupee slipped to a lifetime low against the U.S. dollar on Friday, pressured by a sluggish risk appetite, fading expectations of a Federal Reserve rate cut, and ongoing uncertainty surrounding the U.S.–India trade impasse. The currency touched ₹88.83 per dollar, surpassing its previous all-time lows of ₹88.80 recorded in late

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Mumbai, India – The Securities and Exchange Board of India (SEBI) is evaluating proposals to broaden the range of investment options for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), with the goal of enhancing market participation and capital inflows. Expanding Liquid Mutual Fund Options SEBI Chairperson Tuhin Kanta Pandey said in a

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Chinese cruise operators are avoiding Japanese ports amid escalating diplomatic tensions between Beijing and Tokyo, with South Korea emerging as a potential beneficiary for tourism and travel businesses. Sources and cruise itineraries reviewed by Reuters indicate that Chinese tourists may increasingly redirect travel plans to South Korea due to safety concerns and political sensitivities. Cruise

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The Myanmar military junta has intensified operations against scam centres along the Thai-Myanmar border, responding to mounting international pressure from the U.S., China, and other stakeholders. The crackdown follows directives from junta leader Min Aung Hlaing, aiming to curb criminal networks that have long operated with relative impunity in the region. Junta Directives and Militia

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Sydney, Australia – Binance Chief Executive Richard Teng said on Friday that Bitcoin’s sharp decline over the past month reflects a broader trend of investor deleveraging and risk aversion seen across major asset classes. Bitcoin, the world’s largest cryptocurrency by market capitalization, has tumbled 21.2% in November, extending losses to 23.2% over the past three

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Cryptocurrencies faced a sharp downturn on Friday as investors retreated from risk assets, pushing Bitcoin and Ether to multi-month lows. Concerns over elevated tech stock valuations and fading expectations for near-term Federal Reserve easing contributed to the selloff. Bitcoin and Ether Slide Both tokens were heading toward weekly losses of roughly 8%, signaling the market’s

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Tech stocks are poised to attract a record $75 billion inflow in 2025, according to a Bank of America (BofA) weekly flow report released on Friday, highlighting continued investor demand despite ongoing concerns about valuations in the sector. Tech Sector Performance The technology sector has been a major driver of equity markets this year. The

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Global investment giant KKR & Co. is moving to launch one of the biggest Asia-focused private equity funds in history, seeking $15 billion for its fifth Asian buyout vehicle, according to multiple sources familiar with the fundraising efforts. The New York–based firm began marketing the fund to investors this week, marking a major step forward

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