Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Saudi PIF's $9.5B MoUs with IFC, MIGA target infrastructure, energy, tourism, and job creation in Saudi and emerging markets.
The $15B MoU between PIF and the U.S. Export-Import Bank targets strategic investments in advanced tech, aerospace, and infrastructure. PIF has spent $65B on U.S. procurement since 2017.
deVere CEO Nigel Green says simultaneous tariffs on 60 economies create portfolio risk most haven't priced in. Rates vary from 10% to 12.5%, with currency and bond moves expected.
India's Commerce Secretary told WTO members Thursday that quality control orders serve legitimate policy goals. The review drew 1,094 questions from 44 members.
Australia, Brazil and Chile pushed back on the forced-labor justification for the new 10% and 12.5% Section 301 duties. No major partner has announced retaliation yet.
India secured a 10% tariff rate under new U.S. Section 301 country duties, avoiding a higher 12.5% bracket after talks on labor practices. The rates take effect Friday.
Unemployment held at 4.4% as the economy added 76,000 jobs. The currency hit a two-week high. Next week's CPI print is the real test for another rate hike.
ECB President Lagarde said the central bank will discuss raising minimum reserves, cutting its interest expense and easing national central bank losses.
The startup, founded by three former SpaceX engineers, says its $15 million seed round is one of the largest in Ohio history. The factory will be in Cincinnati.
Investment of ₹9,207 crore and 3.35 lakh jobs created, surpassing targets. Sales of PLI-supported products doubled to ₹1.08 lakh crore, with ₹3,271 crore in incentives disbursed.
South Korea Q2 GDP beat estimates on semiconductor exports. Samsung and SK Hynix led gains. Domestic demand lagged. BOK policy meeting Aug. 22.
PPI ETF holds 78 real assets stocks with a 0.58% expense ratio and 1.31% yield. Its active management allows sector tilts when inflation data shifts.
Trump's 200% tariff on generic drugs gives manufacturers two years to adapt. Industry says single-digit margins make the policy a market-exit notice for many producers.
The Oregon Democrat's bill would require Congress to approve tariffs under the main trade authorities and eliminate two older laws. The measure faces a steep climb in a Republican-controlled Congress.
Aurobindo Pharma fell 4.1% Wednesday after Trump proposed a phased 200% tariff on generic drugs, hitting India's biggest export market.
The UN Climate Chief said funding for developing nations must flow faster and directly to the most vulnerable, ahead of talks on a post-2025 climate finance goal.
BofA added generative AI to its EricaAssist tool for 18,000 customer service reps, cutting call times by nearly a minute and pushing real-time guidance to agents.
Trump's tariff timeline gives two years of zero duty on drug imports, then 100% for a year, then 200%. Indian pharma stocks and eight other names from Maruti to Anant Raj drive the session.
Only 21% of Indian financial institutions are implementing AI, and the RBI's draft MRM guidance leaves key questions unanswered. The consultation closes July 24.
Hungary's central bank is expected to cut its key rate to 5.75% on Tuesday, with inflation at 1.7% – below the 2% target floor. The forint's recent weakness may slow the pace of easing.
CICTAR report finds $5.5B in federal contracts enrich private equity and millionaires while failing jobseekers. Makes four recommendations including full return to public sector delivery.
Tech-driven apprenticeships in UK manufacturing blend 3D printing and CAD with traditional craft. The risk: apprentices become operators, not makers.
Hyderabad-based RVAG raises $40M from Norwest and Skegen to expand aerospace manufacturing and develop proprietary defense tech including jet-powered drones and missile subsystems.
Saudi Arabia's Quality of Life Program added SAR 78 billion to GDP through 2025, beating its SAR 77.1 billion target. The Vision 2030 initiative drives spending on entertainment and tourism infrastructure.
Bitfire Research says June CPI's drop was energy-driven, not disinflation, as Strait of Hormuz disruptions erode supply chain. Disruptions limit Fed room.
Burnham pledges cost-of-living measures this week and a 10-year plan. Housing and defence stocks get a boost from his agenda. Gilt yields and sterling await funding details.
Iran said it will enter a phase of "complete offense" if US strikes continue. The US resumed bombing after a one-night pause. Brent crude hit $90 a barrel. A Houthi blockade of Bab el-Mandeb could be next.
Transponder data shows Strait of Hormuz traffic near standstill after Iran struck vessels. A bulk carrier and LPG tanker attempted transit. UKMTO reports a vessel on fire after a projectile strike. Oil and gas prices initially jumped.
Sarbvir Singh of PB Fintech says India's insurance sector is shifting on 100% FDI, AI underwriting, and rising medical inflation. He sees health claims improving and retirement planning as the next frontier.
June CPI came in cool, easing July hike odds, but Fed officials signaled more tightening ahead. The bond market still prices in one more rate increase this year.