Asian markets rebounded, mirroring Wall Street's tech surge, as investors anticipate a Bank of Japan rate hike. U.S. inflation slowed to 2.7%, though analysts caution about data distortions. Central banks in Europe and Britain signaled a more cautious approach to future rate cuts, impacting currency and bond markets.
Thousands of protesters took to the streets of Dhaka after the death of Sharif Osman Hadi, 32, was announced, to demand that his killers be arrested. Several buildings in the capital, including those housing the country's two leading newspapers, were set on fire, according to authorities, with staff trapped inside.
Anupam Rasayan's stock surged following its $150 million acquisition of US-based Jayhawk Fine Chemicals. This strategic move grants Anupam a US manufacturing presence, enhancing its global CDMO capabilities and polymer portfolio. The deal, funded through internal accruals and structured equity, is expected to be EPS accretive from day one and significantly boost US export share.
Starting Friday, the Chicago Transit Authority Chicago police will would boost the number of officers patrolling in response to a threat from President Trump.
The European Central Bank has held interest rates steady for the fourth time. Inflation is near the bank's target. The euro zone economy is showing resilience. New forecasts suggest economic growth will strengthen. Inflation is expected to return to the 2% target in 2028. Other central banks like the Bank of England and Federal Reserve have cut rates.
