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16+ min ago (202+ words) The lower rupee is helping Indian industries that have been absorbing tariff losses in the hopes of a US-India trade deal, analysts say The Indian rupee has extended its slide to more than 90 against the US dollar this week, after breaching the 90-level mark last week. While the drop in the currency's value will make everything from the country's massive oil imports to the cost of students studying abroad more expensive, the slide is providing relief to labour-intensive export industries that have been hit by American tariffs of up to 50 per cent, analysts say. Ajay Sahai, director general of the Federation of Indian Export Organisations, told This Week in Asia that the drop was creating room for exporters such as apparel and footwear makers to absorb some of the tariffs and retain customers in their largest market. "They are managing…...

17+ min ago (21+ words) Australia's unemployment rate has remained steady, adding little fuel to widespread speculation over the future movements of the Reserve Bank....

21+ min ago (371+ words) A FundsIndia report shows gold delivered 15% annualised returns over 20 years, beating Indian equities, real estate and debt. Mid- and small-cap indices outperformed large caps, while analysts cited safe-haven demand and central bank buying as key drivers of gold's strong performance. New Delhi: Gold outperformed most asset classes over the long term, delivering a compounded annual return of 15 per cent in rupee terms over 20 years, compared with 13.5 per cent for Indian equities as per Nifty 50 returns, a report said on Thursday. The FundsIndia report showed that real estate returned 7.8 per cent and debt delivered 7.6 per cent over the period, with Indian equities' 20year return trailing the 14.8 per cent return from US equities as per the S&P 500 returns. Over a shorter fiveyear period, gold's performance was stronger, with a fiveyear CAGR of 23.2 per cent versus 16.5 per cent for Indian equities and 19.6 per cent…...

22+ min ago (204+ words) Ghana's economy expanded by 5.5% year-on-year in the third quarter of 2025, driven by an improvement in the agriculture and services sectors, the statistics agency said on Wednesday. However, growth slowed from a revised 7.0% in the same period last year, dragged down mostly by the industrial sector that expanded by only 0.8%, government statistician Alhassan Iddrisu told reporters. Fishing and crop production lifted the growth in the agricultural sector to 8.6%, Iddrisu said, adding that the services sector, encompassing finance, insurance, trade, and education grew by 7.6%. "Agriculture's contribution to growth was outsized, showing a sector that is recovering quickly and adding real weight to the national output," Iddrisu said. Non-oil real GDP grew by 6.8% compared to 7.8% a year ago. The country, which produces gold, oil and cocoa, is emerging from its most severe economic crisis in decades. Its annual inflation rate dropped for the…...

28+ min ago (223+ words) Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets. EUR/USD rapidly leaves behind four consecutive daily pullbacks, challenging the 1.1700 hurdle in response to the severe sell-off in the Greenback as investors continued to evaluate the Fed's rate cut and the neutral message from Chief Powell. Next on tap on the docket will be the weekly US labour market report on Thursday. GBP/USD'punched a fresh hole into seven-week highs on Wednesday, rising back into the 1.3400 neighborhood after the'Federal Reserve delivered a widely expected third straight interest rate cut. Fed Chair Jerome Powell gave a particularly cautious showing, hinting that the Fed could be poised for another extended "wait and see" period. Gold is testing bearish commitments at the $4,250 psychological level on Thursday, pausing a two-day uptrend as markets weigh a less…...

36+ min ago (1017+ words) Chair Jerome Powell signaled at a news conference that the Fed would likely hold off on further rate cuts in the coming months while it evaluated the health of the economy. And in a set of quarterly economic projections, Fed officials signaled they expect to lower rates just once next year. Wednesday's cut reduced the rate to about 3.6%, the lowest it has been in nearly three years. Lower rates from the Fed can bring down borrowing costs for mortgages, auto loans, and credit cards over time, though market forces can also affect those rates. Fed officials "will carefully evaluate the incoming data," Powell said, adding that the Fed is "well positioned to wait to see how the economy evolves." The chair also said that the Fed's key rate was close to a level that neither restricts nor stimulates the economy....

42+ min ago (96+ words) [Economy] : Seoul shares closed lower Thursday for a third consecutive session as investors weighed the U.S. Federal Reserve's latest rate decision. The benchmark Korea Composite Stock Price Index dropped 24point38 points, or zeropoint59 percent, to close at ...[more...] Stocks Fall for Third Day Despite Fed Rate Cut [4K] RIIZE, ILLIT, VVUP, XODIAC, VERIVERY, fromis_9, tripleS msnz moon, CHUEI LI YU, LILY | On the way to music bank 251205 Korea Changing Faster Than You Think: The Multicultural Wave The Initial Memories (" "), Now You See Me: Now You Don't (" " " "3)...

42+ min ago (58+ words) Stocks Dawdle As Bank Rate Holds Tight. Equities in Canada's largest centre fell Wednesday, as investors digested decisions from the Bank of Canada and the U.S. Federal Reserve later in the day.The TSX stepped back 22.35 point Stocks Dawdle As Bank Rate Holds Tight Multivm Support Now Live On A Supra Testnet, Expanding To EVM Compatibility...

44+ min ago (419+ words) Commuters cross the street at Town Hall in Sydney. " Reuters SYDNEY: Australian employment fell in November by the most in nine months, while annual jobs growth slowed sharply from earlier this year, a sign the labour market is cooling and could ease pressure for a near-term rate hike. Figures from the Australian Bureau of Statistics on Thursday showed net employment fell 23,100 in November from October, when it jumped 41,200. That was far below market forecasts of a 20,000 gain. Full-time jobs dropped by 56,500. Annual growth in jobs slowed to 1.3% in November, down from 3.5% at the start of the year and lagging the country's 2% population growth. The jobless rate, however, stayed steady at 4.3%, when analysts had looked for a rise to 4.4%. The participation rate fell to 66.7%, from 66.9%, while hours worked went flat after a strong run. "Some of the weakness is likely noise....

46+ min ago (229+ words) Crypto markets lurched lower after the Federal Reserve delivered exactly what everyone said they wanted: the third straight 25bps cut to close out 2025. Santiment's latest deep dive makes a simple, slightly uncomfortable point: retail treated it as a green light, whales treated it as exit liquidity. Bitcoin shortly rallied to $94,044, Ether surged to $3,433, XRP hit $2.10 and Solana managed to reach $142, but the momentum was short-lived. The BTC price fell by more than 5% at one point, ETH even fell by more than 8.5%. Structurally, though, the report is not outright bearish. Year-to-date, Santiment notes, Bitcoin is down about 3.6%, versus a 17.6% gain for the S&P 500 and a striking 61.1% for gold. "It's quite the dramatic difference," the team writes, arguing that "a regression to the mean for BTC would be justified." With three cuts now locked in and reserves being topped up via T-bill…...