Business

Japan’s GPIF posts $152 billion gain with help from stocks

The Government Pension Investment Fund, one of the world's largest, had an unprecedented ¥24.1 trillion quarterly gain, an 8.2% return, with assets totaling ¥317.76 trillion.

AI Is Creating More Jobs Than It Cuts in India, Nomura Says

India, the world’s back office for many global companies, is emerging as a key test case for artificial intelligence’s impact on employment, with AI-related hiring outpacing job losses so far, according to Nomura Holdings Inc.

India’s Top Bank Net Income Beats Estimates, Shares Rise

State Bank of India reported better-than-expected profit in its first quarter, as the country’s biggest lender benefitted from strong credit growth in the world’s fastest-growing major economy. Shares rose.

Thailand to cut excise tax for car production, minister says

BofA Sentiment Gauge Hits Most Extreme Bullish Level Since 2021

Investor bullishness has become so extreme that it’s time to start reducing exposure to risky assets, according to Bank of America Corp. strategists.

SK Hynix board approves $38 billion investments for South Korea's Yongin, Cheongju chip plants

Perth business claims $250k loss over Metronet works disruption

A Perth business owner says years of railway construction work have cost him hundreds of thousands of dollars.

Hong Kong’s US dollar peg faces fresh calls for review – but is change feasible?

The Hong Kong dollar’s four-decade-old peg to the US dollar is facing fresh calls for review, after a local financial industry body urged greater use of the yuan and floated the idea of shifting to a basket of major currencies and gold…

Stocks, dollar stall ahead of US jobs data; oil gains as Gulf tensions flare

China’s Central Bank Adds 20 Tons to Gold Reserves in July

China added more gold to its reserves last month, pushing a buying streak toward the two-year mark as prices built support above $4,000 an ounce.

Brazil Markets: Ibovespa & the Real — August 7, 2026

Brazil's Ibovespa fell 1.23% to 175,546 and the real firmed to 5.11 per dollar as investors digested a Selic rate cut to 14% and mixed earnings from. The post Brazil Markets: Ibovespa & the Real — August 7, 2026 appeared first on The Rio…

Mexico Markets: IPC & the Peso — August 7, 2026

The S&P/BMV IPC slipped 0.19% on Aug 6, tracking a cautious Wall Street as Mexico's central bank held rates steady. The peso was flat at 17.22 per dollar. The post Mexico Markets: IPC & the Peso — August 7, 2026 appeared first on The Rio…