Business

Top India Fund Manager Favors Banks, Power as Oil Risks Loom

India’s second-largest money manager is bullish on banks, oil refiners, power utilities and drugmakers, betting they are best placed to benefit from demand tailwinds despite a volatile global backdrop.

We're raising our Apple price target, seeing plenty of good despite the memory crunch knocks

It was a good but not great quarter as Apple worked to mitigate the memory shortage, which impacted the reported quarter and guidance.

How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low

How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low

The $20bn hedge fund manager’s wild ride ended with a call to Ken Griffin

Anthropic’s Claude models hack into 3 outside groups during testing

Anthropic’s Claude models hack into 3 outside groups during testing

Start-up discloses breach a week after rival OpenAI reported similar incident

Opposition, critics under siege – Ebonyi SDP chair

Opposition, critics under siege – Ebonyi SDP chair

Ebonyi SDP Chairman, Dr. Kingsley Agbor, speaks on challenges facing opposition members and critics under siege in Ebonyi State ahead of the 2027 elections Read More: https://punchng.com/opposition-critics-under-siege-ebonyi-sdp-chair/

SK Hynix shares surge 25%, while Samsung soars over 20% as AI rally roars back

SK Hynix shares surge 25%, while Samsung soars over 20% as AI rally roars back

South Korea's chip heavyweights SK Hynix and Samsung Electronics soared more than 20% on Friday, tracking a sharp rally in U.S. technology stocks.

Japan Declines to Confirm Yen Intervention, Hints at US Support

Japan’s authorities refrained from confirming that they intervened in the foreign-exchange market during overnight trading after the yen’s sharp rally, while also hinting at some support from overseas counterparts including US officials.

Hong Kong Resurrects China Bond Futures With Liquidity in Focus

It may be third time lucky when Hong Kong launches Chinese government bond futures on Monday, as Beijing pushes to offer a hedging tool key to the globalization of its debt market and currency.

INEC chair: Troops shouldn’t be regular feature at elections

INEC chair: Troops shouldn’t be regular feature at elections

INEC Chairman, Prof Joash Amupitan, states that military deployment during elections should be exceptional, not routine, emphasizing the police as the lead Read More…

Mileage drop due to E20? 2-6%, says 1 minister, 3-5%, says another

Times of India

Mileage drop due to E20? 2-6%, says 1 minister, 3-5%, says another

Government ministries have offered varied figures regarding fuel efficiency changes. Older vehicles using E20 fuel may see a slight mileage reduction. The Road Transport Ministry cited a 2-6% potential decrease in efficiency. The Petroleum…

Times of India

NNPC to acquire Seplat’s 10% JV for $281.6m

NNPC to acquire Seplat’s 10% JV for $281.6m

NNPC Limited will acquire a 10% interest in the NNPCL-SEPNU Joint Venture from Seplat Energy Plc for $281.6m, enhancing shareholder returns and strengtheni Read More: https://punchng.com/nnpc-to-acquire-seplats-10-jv-for-281-6m/

Cuba takes steps to implement economic overhaul amid US pressure campaign

Straits Times