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Global markets reacted to US government shutdown fears. Gold reached a new record high. The dollar saw losses. US equity futures dipped while Asian shares remained flat. Treasuries gained. Investors worried about delayed economic data, including the jobs report. China announced capital to boost growth. Australia's central bank held rates steady. Oil prices declined.
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News and Media
SBI's credit card business experienced a significant post-Covid surge, driven by its youth-focused expansion. HDFC Bank maintained its dominant position in both card issuance and transaction value. Conversely, Standard Chartered Bank faced a sharp decline in both the volume and value of its credit card operations.
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News and Media
President Trump announced Israeli Prime Minister Netanyahu's support for a U.S. peace plan to end the Gaza war. The proposal includes a ceasefire, hostage exchange, and Hamas disarmament, but its success hinges on Hamas's acceptance. Netanyahu backed the plan, stating it achieves Israel's war aims, despite lingering disagreements on Palestinian statehood.
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News and Media
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