G20 finance ministers debated frozen Russian assets, with the US and France disagreeing on their handling. Divisions over war in Ukraine and Gaza caused further disagreements. Brazil's G20 presidency focuses on sustainable development, combating inequalities, and the fight against inflation.
The largest cryptocurrency by market capitalisation was firm in Asia morning trade at $62,000, having changed hands at as high as $63,933 overnight. Its monthly gain is more than 45%, the largest since December 2020.
Donald Trump offers a $100 million bond to pause a $450 million judgment in his civil fraud case. He lacks resources and struggles to secure the full bond. Lawyers seek delay of punishments. Companies may be unwilling to accept property as collateral. Trump's lawyers request more time or reduced bond size in the defamation case.
India's Q3 economic growth slipped below 7% due to weak manufacturing sector and mixed consumption growth. Despite slower growth, India is expected to be one of the fastest-growing economies with estimated growth of 7.3% in the current fiscal year.
Mitch McConnell, the powerful US political tactician who has advanced conservative causes for years and been a strong defender of aid to Ukraine, announced abruptly Wednesday that he would leave his post as leader of the Republicans in the Senate later this year. - Ukraine aid - A consummate backroom negotiator with a thick, rumbling southern drawl,...
The regulator has, in a communication sent to Association of Mutual Funds in India (AMFI) on Tuesday evening, asked fund houses to list the steps they are taking to protect investors in such schemes in next 21 days, said two people in the know.