News

India’s Economic Affairs Secretary: Will wait for more details on the US trade deal before raising its economic growth forecast.

Chairman of Libya's National Oil Company: By the beginning of 2030, we will have gas available for export to Europe.

Sanofi (SNY.O): Signed a stock repurchase authorization agreement with an amount capped at 1 billion euros.

Air India's inspections of several aircraft have not revealed any issues so far, sources said.

Russian Deputy Foreign Minister Ryabkov: If a large number of US missile defense systems are deployed to Greenland, Russia will need to take corresponding measures.

Russian Deputy Foreign Minister Ryabkov: The proposal made by the United States to Iran is tantamount to an ultimatum.

Russian Deputy Foreign Minister Ryabkov: The lack of response from the United States to Moscow’s proposal to extend arms control restrictions is itself a response.

India’s Economic Affairs Secretary: Committed to consistently maintaining fiscal discipline without sacrificing social and development priorities.

Indian Economic Affairs Secretary: Global uncertainty has reduced significantly.

Russian Deputy Foreign Minister Ryabkov: After the expiration of the New Strategic Arms Reduction Treaty, Russia is ready to face the new reality.

Hong Kong building materials and cement stocks fluctuated higher, with China National Building Materials (03323.HK) rising by more than 6%, followed by stocks such as Soochow Cement (00695.HK), Huaxin Building Materials (06655.HK), Western Cement (02233.HK), and Conch Cement (00914.HK).

Moody's: India's full shift to non-Russian oil could also lead to supply constraints elsewhere, pushing up oil prices and ultimately leading to higher inflation.

Moody's: Indian pharmaceuticals and consumer electronics have previously been exempted from the high 50% tariff; they are unlikely to be affected by tariff reductions.

The Indian Foreign Minister and US Secretary of State Rubio will hold talks in Washington, DC today at 3:30 pm EST.

British Prime Minister Starmer will seek to break the deadlock over the extension of the defense investment plan. People familiar with the matter said Starmer will convene advisers to advance the development of the blueprint, with further discussions planned in the coming weeks.

RBA Chairman Bullock: It's not my job to tell the government how to use fiscal policy.

RBA Chairman Bullock: The economy is actually in good shape, but supply is constrained.

RBA Chairman Bullock: The strength of the Australian dollar has led to a tightening of financial conditions.

RBA Chairman Bullock: We will work hard to reduce inflation while maintaining close to full employment.

RBA Chairman Bullock: The Board will remain cautious on interest rates.