Pop Mart said this week that it expects profit for the first six months of this year to jump by at least 350% largely because of its smash hit plush toy, the Labubu.
The European Union and Britain on Friday ramped up pressure on Russia over its war on Ukraine, targeting Moscows energy sector, shadow fleet of aging oil tankers and military intelligence service with new sanctions.
Three Democratic-led states that offered free health care to low-income people who are in the U.S. without legal permission are either limiting or ending the programs.
Blackstone has withdrawn from the consortium seeking to invest in TikTok's U.S. operations amid uncertainty and delays in the deal, which is now entangled in U.S.-China trade talks. The consortium, led by Susquehanna International Group and General Atlantic, aimed for U.S. investors to own 80% of TikTok.
In Doha, the Democratic Republic of Congo and the M23 rebels committed to peaceful resolution, signing a declaration of principles to end their conflict. With the US special envoy present, the agreement, brokered by Qatar, sets a deadline of August 8 for commencing peace negotiations. This marks a significant step towards resolving the nearly four-year-long conflict.
Tesla faces a sales slump. An information technology executive, Raj Jegannathan, now leads the sales team. He replaces Troy Jones, who recently departed. Jegannathan lacks traditional sales experience. Demand for Tesla cars has decreased in Europe and North America. This is due to several factors. These include increased competition and backlash against Elon Musk's politics.
As NSDL nears its SEBI-mandated IPO deadline, investor focus sharpens on how the institutional depository stacks up against retail-friendly CDSL, which has surged 44% over the past year amid India's retail investing boom.
Systematic Investment Plans (SIPs) reached an all-time high of 27,269 crore in June 2025, reinforcing retail investor confidence and providing liquidity support amid foreign outflows. Rising SIP adoption aids market resilience, boosts domestic ownership, and reduces reliance on FII capital.
SEBI is considering changes to mutual fund categorisation to prevent portfolio overlaps, potentially capping overlap at 50% for certain funds. The regulator proposes standardised scheme naming for clarity, like 'large cap scheme' and renaming some debt schemes. Solution-oriented funds may face lock-in periods for new investments.
