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Thailand launched air strikes on Cambodia after accusing its forces of violating a ceasefire, resulting in at least one Thai soldier's death. This escalation follows a previous peace deal brokered by Donald Trump, which had already broken down after deadly July clashes that displaced hundreds of thousands.
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News and Media
Speb Adhesives is set to debut on the NSE SME on December 8, following a moderately subscribed IPO. The company, a manufacturer of solvent-based synthetic rubber adhesives, raised funds for a new water-based adhesives facility. With steady financial growth and an expanding product range, market watchers will observe its listing performance.
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News and Media
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally's sustainability, with markets anticipating policy announcements from major central banks amid renewed inflation pressures. The Federal Reserve's rate path for 2026 remains uncertain, balancing price pressures and economic activity.
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News and Media
China's central bank continued its gold accumulation for the 13th consecutive month, adding 30,000 troy ounces in November. This sustained buying, which began in November 2024, coincides with gold's strong performance and expectations of Federal Reserve rate cuts. Global central bank purchases have also surged, driven by a need to hedge against the dollar.
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News and Media
Corona Remedies is set to raise 655.4 crore via an offer for sale. The company focuses on specialist doctors, driving faster revenue growth than the Indian pharmaceutical market. Its sales grew by 13.6% compared to the market's 7.9%. Revenue and net profit have shown strong annual growth. Investors with a high-risk appetite can consider this IPO for the long term.
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News and Media
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