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    Toyota, SoftBank to develop self-driving car services

    Reuters . Tokyo | Updated at 12:05am on October 05, 2018

    Toyota Motor Corp and SoftBank Group Corp said they will team up to develop car services that rely on self-driving technology, such as hospital shuttles, as they envision a future in which fewer people drive their own vehicles....

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    RBI seen raising rates again as rupee slide accelerates

    Reuters . Mumbai | Updated at 12:05am on October 05, 2018

    The Reserve Bank of India is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it grapples with a weakening rupee, surging oil prices and market instability sparked by a major non-bank finance firm’s defaults...

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    Stocks sink, dollar scales up as US yields surge

    Reuters . London | Updated at 12:05am on October 05, 2018

    A rise in US Treasury yields to their highest levels since mid-2011 pulled global bond yields higher across the board and boosted the dollar on Thursday, while stocks sagged in response....

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    ICICI’s scandal-hit Chanda quits as CEO

    Reuters . Mumbai/ Bengaluru | Updated at 12:05am on October 05, 2018

    ICICI Bank Ltd chief Chanda Kochhar, who has been mired in controversy for months, resigned on Thursday after seeking an early retirement and will be replaced by Sandeep Bakhshi, the Indian private lender said....

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    Nissan, RBS join chorus of warnings over disorderly Brexit

    Reuters . London | Updated at 12:05am on October 05, 2018

    Japanese carmaker Nissan and Royal Bank of Scotland (RBS) have became the latest companies to warn about damage to the economy if Britain fails to secure a trade deal before leaving the European Union....

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    Saudi agrees to invest in new oil refinery in Pakistan

    Reuters . Islamabad | Updated at 12:05am on October 05, 2018

    Saudi Arabia has agreed in principle to invest in a new oil refinery in Pakistan’s Chinese-funded deep-water port of Gwadar, the South Asian nation’s petroleum minister said on Thursday....

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    Indian rupee hits fresh record low despite suspected intervention

    Reuters . Mumbai | Updated at 12:05am on October 05, 2018

    The Indian rupee plumbed record lows as global oil prices rose and stocks and bonds weakened on Thursday, heightening speculation that the central bank may hike interest rates on Friday more aggressively than earlier expected....

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    Global regulators say banks near full compliance with capital rules

    Reuters . London | Updated at 12:05am on October 05, 2018

    A decade since Lehman Brothers bank collapsed, the world’s top lenders largely meet tougher capital requirements aimed at averting a repeat of the ensuing markets meltdown, regulators said on Thursday....

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    World food prices dip in Sept: FAO

    Reuters . Rome | Updated at 12:05am on October 05, 2018

    World food prices slipped in September from the month before, with only sugar posting a rise, the United Nations food agency said on Thursday....

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    Capital market investment week begins Sunday

    Staff Correspondent | Updated at 12:05am on October 05, 2018

    The World Investor Week 2018 will begin at the Krishibid Institution of Bangladesh in Dhaka on Sunday to make aware and educate investors about the investment risks and skills in the capital market....

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