- Reuters Poll: India annual GDP growth seen at 6.9% in April-June (vs 7.8% in previous quarter).
- Reuters Poll: India economy to grow 7.0% in 2024-25 and 6.7% in 2025-26 (unchanged from July poll)
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North Korea have fired off another ballistic missile
JPMorgan told clients to buy any market dips through 2026, saying the S&P 500 could “blast through 7,000” soon. Strong growth, upbeat earnings, and easing headwinds underpin its bullish view despite recent AI-valuation-driven sell-offs.
China's October exports unexpectedly dropped. Nevertheless its trade with the US grew faster than in September.
Alibaba surges 130% vs. Meituan's 33% slump; Alibaba's AI boom & cash reserves vs. Meituan's $2B loss & bond raise.
Warburg Pincus says China becoming attractive again after valuation reset.
Shale producers boost efficiency, not drilling, as WTI dips ~15%. Rig count down 39 YoY. $60/bbl WTI signals stagnation.
The White House will block Nvidia from selling its scaled-down AI chips to China, reversing earlier Trump-era signals of possible approval. The move reinforces U.S. export curbs and highlights security concerns over Chinese AI access.
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