Asian stocks climb as strong earnings buoy Wall Street
Asian stocks rose on Oct 21, led by Korea and Japan, after Wall Street gains and strong early corporate earnings bolstered investor confidence.
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A battle for control of the Tata Group, India’s biggest business empire
A power struggle at Tata Group pits founding trusts against managers and government over whether Tata Sons should list, testing who controls India’s largest conglomerate.
Brazil halts poultry shipments to Malaysia and China after disease outbreak
Brazil suspended all poultry exports to China and Malaysia after confirming Newcastle disease at a turkey farm in Santa Catarina; Mexico and others also restricted imports.
US high court rulings have been ‘destructive to democracy’, says US Supreme Court Justice Kagan
Justice Kagan said the Supreme Court’s conservative majority has undermined democracy by allowing partisan gerrymandering and weakening voting-rights and campaign-finance safeguards, deepening polarization.
Brazil halts poultry shipments to Malaysia and China after disease outbreak
Brazil halted all poultry exports to China and Malaysia after confirming Newcastle disease at a turkey farm, prompting Mexico to suspend imports and other countries to impose regional restrictions.
US envoy to meet Putin after 'positive' talks with Zelensky
A US envoy is set to meet Vladimir Putin after holding "positive" talks with Ukraine's Volodymyr Zelensky.
Australian AI data centre operator NextDC shares shed 44% on revenue delay
NextDC shares fell 44% after it cut forecasts, citing power upgrade delays at its Melbourne M3 site that deferred about A$140 million in contracted revenue; it paused new projects and land buys.
Chinese automaker reports set to shine before challenges mount
Chinese automakers’ Q3 earnings are set to shine on hybrid export growth, but an EU import cap and China’s export tax-rebate cut cloud the outlook.
US sanctions Chinese venture firm in Google AI secrets case
US sanctions Shanghai Zhisuan and MiraclePlus-linked firms over alleged Google AI trade-secret theft; MiraclePlus denies investing and seeks to have sanctions lifted.
Japan shifting to wage-driven inflation phase, finance minister says
Japan’s finance minister says inflation is shifting from import-cost-driven to wage-driven, as the government plans tax cuts and payouts and sees no gap with the BOJ.
Australian central banker says inflation outlook worse, unsure about November rate hike
Australia’s RBA deputy governor says the inflation outlook has worsened, partly due to higher oil prices, leaving him unsure whether the central bank will raise rates in November.
South Korea’s export boom stays strong ahead of central bank rate decision
South Korea's early-October exports surged on AI-driven chip demand, posting a large trade surplus and supporting expectations the central bank will hold rates.