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The Business Standard

Wednesday
October 08, 2025

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WEDNESDAY, OCTOBER 08, 2025

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

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The Nasdaq logo is displayed at the Nasdaq Market site in New York September 2, 2015. REUTERS/Brendan McDermid/File Photo

US tech-stock stumble shows vulnerability in AI trade

Investors are looking to de-risk portfolios or lock in profits during a seasonally difficult period for stocks

Photo: Reuters

Sony hikes PlayStation 5 prices in US as tariff uncertainty weighs

A staffer poses with 2015 edition of the 100 renminbi notes at the Bank of China Tower in Hong Kong, China November 12, 2015. Photo: REUTERS/Bobby Yip/File Photo

China considering yuan-backed stablecoins to boost global currency usage: sources

Chinese Foreign Minister Wang Yi speaks during a joint press conference with Iranian Foreign Minister Mohammad Javad Zarif in Beijing, China December 5, 2016. REUTERS/Greg Baker/Pool

India, China agree to resume direct flights, boost business links

An employee shifts piles of cotton at a cotton processing unit in Kadi town, in the western Indian state of Gujarat, India, April 5, 2018. Photo: REUTERS/Amit Dave/ File Photo

India suspends cotton import duty in signal to US, relief for garment industry

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Photo: REUTERS/Tyrone Siu/File Photo

Nvidia working on new AI chip for China that outperforms the H20: sources

A customer checks a coconut oil bottle before purchasing it inside a retail store in Kochi, India, July 23, 2025. Photo: REUTERS/Sivaram V

Humble coconut oil turns into a luxury on rising demand, shrinking output

A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo, Japan, March 22, 2023. Photo: REUTERS/Issei Kato/File Photo

Shares scale fresh peaks in Asia, oil eyes Ukraine talks

A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Photo: REUTERS/Stringer/File Photo

Oil markets seen bearish after Trump-Putin Alaska meeting

Shipping containers are seen on a ship at the Jawaharlal Nehru Port in Navi Mumbai, India, August 11, 2025. Photo: REUTERS/Francis Mascarenhas/File Photo

US cancels India trade talks scheduled for August: NDTV Profit

Brazil's President Luiz Inacio Lula da Silva poses for a picture after an interview with Reuters at the Alvorada Palace, in Brasilia, Brazil, August 6, 2025. Photo: REUTERS/Adriano Machado/File Photo

Brazil is open for business, Lula says at Chinese factory opening

A person walks near a screen showing US President Donald Trump meeting with Russian President Vladimir Putin in Alaska, at the Nasdaq Market site in New York City, US, August 15, 2025. Photo: REUTERS/Eduardo Munoz

Investors react to US-Russia summit reaching no agreement

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US February 18, 2025. Photo: REUTERS/Eli Hartman/File Photo

Oil stable as market waits for inventory data, US-Russia meeting

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