Economy
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Earnings call transcript: SkiStar Q4 2026 stock rises on record profit
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Meta’s Muse AI agent pressures online travel stocks, Truist comments
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German unemployment and state inflation rise in September
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Earnings call transcript: Redcentric tops EPS forecast in H2 2026, revenue misses
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Porsche CEO defends shift back to petrol amid EV concerns
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‘No way’ the yuan challenges the U.S. dollar—though the yen and the pound may have more to fear, says Standard Chartered’s China CEO
Despite its gains in global trade, the yuan isn’t going to replace the U.S. dollar in global reserve holdings any time soon, Standard Chartered China CEO Jean Lu argued on Wednesday, even as Beijing tries to encourage greater use of the Chinese currency. “There is no way—at least in my career—for the RMB to challenge…
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Asia’s boardrooms risk missing the biggest cost of climate change: human health
Prolonged heatwaves have again defined the summer in many parts of the Northern Hemisphere. From record temperatures across parts of Europe and Asia to growing concerns about water stress, wildfire risk and workforce safety, extreme heat has become an increasingly visible reminder of how climate change is affecting societies and economies. For decades, business leaders…
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Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may be excessive, presenting an opportunity to pick up quality stocks at lower prices. The forthcoming Monetary Policy Committee meeting will clarify the scope of any rate changes. Although there are…
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Axiscades Technologies rises 5% as Sunil Singhania’s Abakkus buys 3.03% stake
Axiscades Technologies shares rose on Wednesday after Abakkus Asset Manager bought a 3.03% stake for around Rs 235 crore through a block deal. Kotak Mahindra Mutual Fund also picked up a 4.89% stake. Promoter Jupiter Capital sold a 10.69% stake for Rs 829.72 crore in the transaction.