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Economic · Economic

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Zelenskyy recommends former EU integration deputy minister as Ukraine's permanent representative to EU, gives him another role

S5

Ukrainian President Volodymyr Zelenskyy has recommended Taras Kachka, a former deputy prime minister for European and Euro-Atlantic integration, as Ukraine's representative to the European Union, a post he will combine with the role of Ukraine's trade representative.

Economic · Economic

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China and UAE cross-border QR payment link to boost the global yuan

S5

In the latest move to bypass Western-dominated financial systems and step up the internationalisation of the yuan, China is linking its retail payment networks with the United Arab Emirates. Users will soon be able to use domestic mobile apps to scan QR codes and make payments in either country, under a recent agreement between state-owned Bank of China (BOC), UnionPay International, and the UAE central bank’s subsidiary Al Etihad Payments. “The partnership would help expand the scope of...

Economic · Economic

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‘Gateway to Asean’: South Korea bets on Vietnam hub for food expansion

S7

South Korean food exporters are no longer treating Vietnam as just another market for kimchi, instant noodles and premium fruit. As Southeast Asia emerges as one of South Korea’s most important trading regions, Seoul is positioning Vietnam as a logistics and distribution base for a wider push to turn the popularity of Korean culture into sustained demand for Korean food across the region. But analysts said the strategy would depend on more than Hallyu-driven curiosity, with exporters needing to...

Economic · Economic

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Negative Breakout: These 8 stocks cross below their 200 DMAs

S5

In the Nifty500 pack, eight stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on July 16, according to stockedge. com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look:​

Economic · Economic

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Gold set for biggest weekly fall in six as Iran war fans inflation worries

S7

Gold prices saw a rebound on Friday, yet are set for a significant weekly loss. Renewed clashes between the United States and Iran have lifted oil prices considerably. This escalation has stoked inflation concerns and strengthened expectations for higher interest rates. Fed officials are signaling openness to rate hikes amid persistent inflation. S. Economic data shows a slight increase in U. retail sales and falling unemployment claims.

Economic · Economic

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Global Market Today: Asian stocks drop after chip selloff, oil gains

S7

Asian stocks declined as chipmakers pulled down Wall Street amid valuation concerns. Oil prices climbed higher this week due to escalating Middle East hostilities. Investors are questioning the sustainability of massive artificial intelligence investments and tech valuations. Heightened geopolitical tensions fueled inflation worries and potential interest rate hikes. Consumers continue spending and the labor market shows resilience despite economic challenges.

Economic · Economic

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Tata, SP Group explore share swap to unlock Tata Sons stake amid valuation divide

S5

Tata Sons and the Shapoorji Pallonji Group are currently negotiating the monetization of a stake but are at an impasse concerning the transaction's structure and valuation. Among the options discussed is a share-swap deal. The SP Group is eyeing this opportunity to tackle its significant debt. Their recent refinancing attempts indicate a solid confidence level in the pledged Tata Sons shares.

Economic · Economic

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MSCI rejig could bring $2.3 billion into Indian stocks

S5

An upcoming MSCI index rebalancing may introduce about $2.3 billion in passive investment flows. The global index provider will announce changes on August 12 after market close. Several Indian stocks are likely candidates for inclusion in the MSCI India Standard Index. These changes will impact index-linked exchange-traded funds and mutual funds. The rebalancing will become effective for portfolios on August 31.

Economic · Economic

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Is Hong Kong kicking the can down the road with ride-hailing quota?

S5

Taxi trade leader Chau Kwok-keung says he has never felt as much fear as he does now after transport minister Mable Chan set a 10,000-vehicle cap for ride-hailing service permits in May, in a bid to resolve what she called a “long-standing controversy” between traditional cabs and online service providers. Chau, a 40-year veteran of the industry, worries that the trade, comprising 18,163 taxis and about 46,000 active cabbies, will be driven into a dead end because he believes the quota will...

Economic · Economic

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RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related parties

S5

New Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply to banks, small finance banks, and NBFCs starting October 2026. Specified non-financial assets are those obtained when resolving stressed loans from borrowers. Lenders must establish board-approved policies for acquiring and disposing of these assets. These assets will be disclosed separately on balance sheets, not as NPAs.

Economic · Economic

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Claudia Winkleman quits her chatshow after seven episodes

S5

Host of The Claudia Winkleman Show was ‘just too nervous to enjoy it’ When the BBC revealed Claudia Winkleman was to be given her own chatshow, she deployed her trademark self-deprecation to note that it “might be excruciating”. Yet after just one series, it is the presenter – rather than the audience or guests – that has found the show to be too much of an ordeal. The all-conquering host of The Traitors and former Strictly Come Dancing presenter has quit The Claudia Winkleman Show after just one series, saying she was “too nervous to enjoy” the conversations with the great and the good who visited her sofa. Continue reading...

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