While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was largely performative, to other observers Xi has pulled off a meaningful shift in the balance of diplomatic power.
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Treasuries stabilized in Asian trading following corporate-debt sales and budget worries that impacted bonds and stocks. US 30-year bond yields remained near 5%, affecting tech shares, while Japan's ultra-long bonds also declined. Investors are navigating economic data, tariffs, Fed policy, and fiscal outlooks as the S&P 500 experiences minimal gains.
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Indian borrowers are increasingly seeking larger loans, fueled by easier retail credit access from public sector banks and NBFCs, while private banks exercise caution. Gold loans surge due to high prices, led by public sector banks in value and NBFCs in small-ticket lending. Home loans see public sector banks expanding market share with big-ticket loans.
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All news |
| 13.09 | Tariffs face legal threat that puts Trumps deficit plan at risk |
| 13.09 | Trump administration moves to stop requiring polluters to report emissions |
| 13.09 | Donald Trump calls on NATO countries to stop buying Russian oil and threatens 50% to 100% tariffs on China |
| 13.09 | China proposes rule changes to ease gold imports and exports |
| 13.09 | Indian markets eye rally on GST cuts, trade hopes & AI, defence boom: Ajay Bagga |
| 13.09 | FIIs sell Rs 10,782 crore worth of Indian equities in September, so far. Can GST reform, GDP numbers change tide? |
| 13.09 | Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities' Rajesh Palviya |
| 13.09 | F&O Talk| Nifty closes at 8-week high, Bulls to now eye 25,50025,700 levels: Sudeep Shah |
| More » |
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