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NewsOct 12, 2026 · 12:32 IST

China Reports Intensive Hybrid and EV Trade Talks With EU

China’s commerce ministry said it held intensive consultations with the EU on hybrid and electric-vehicle trade, Reuters reported on 12 October. It said hybrid export quotas would be no lower than those for other import sources and that exports would be adjusted upward using 2025 figures as a baseline.

NewsOct 12, 2026, 12:14 PM GMT+5:30

Gold Edges Higher as Traders Await US Inflation Data

Spot gold rose 0.1% to $4,198.19 per ounce at 04:32 UTC on 12 October, Reuters reported. Softer oil and dollar conditions supported bullion as investors awaited Wednesday’s US inflation data. This updates Piplix’s existing gold coverage; it does not establish a sustained breakout above $4,200.

NewsOct 12, 2026 · 11:49 IST

Oil Falls on Russia–Ukraine Energy Truce Hopes

Brent futures fell 1.47% to $103.18 a barrel and WTI fell 1.68% to $90.31 at 01:54 UTC on 12 October, Reuters reported. Traders assessed Trump’s energy-ceasefire announcement and possible Russian supply gains. Kyiv and Moscow had not immediately confirmed the agreement.

NewsOct 12, 2026 · 11:44 IST

Saudi and Iranian Ministers Discuss De-escalation

Saudi and Iranian foreign ministers discussed regional escalation on 11 October, Reuters reported, citing Saudi state media. Iran’s minister offered help facilitating dialogue between Saudi Arabia and Yemen. The call does not establish that talks have started or that a ceasefire has been agreed.

NewsOct 12, 2026 · 11:29 IST

IMF Chief Says AI Investment Supports Growth Around 3%

IMF Managing Director Kristalina Georgieva said AI infrastructure investment is keeping global growth around 3% despite the energy supply shock. Reuters reported her remarks at the Bangkok annual meetings on 12 October. This is her assessment, not a newly verified World Economic Outlook forecast release.

NewsOct 12, 2026 · 11:18 IST

TSMC Profit Forecast Points to Another Record Quarter

An LSEG SmartEstimate from 16 analysts forecasts TSMC’s third-quarter net profit at T$746.3 billion, up 65% year-on-year, Reuters reported on 12 October. The result is due Thursday. This is an earnings estimate, not reported profit.

NewsOct 9, 2026 · 18:48 IST

Oil Prices Fall as Trump Rules Out Iran Strikes Before November Midterms

US President Donald Trump said on October 8 that the United States would not launch military strikes against Iran before the November 3, 2026 midterm elections. Trump described ongoing US-Iran discussions as productive, although no permanent ceasefire agreement has been announced and the US blockade of Iranian ports remains in effect. Oil prices declined on October 9 as immediate supply concerns eased. Reuters reported Brent crude falling $1.70 to $102.58 per barrel and WTI declining $1.08 to $90.41. The announcement reduces expectations of imminent US military action but leaves the broader Middle East conflict and energy supply risks unresolved.

NewsOct 9, 2026 · 18:29 IST

US Embassy in Jordan Warns of Escalation After Houthi Attacks on Saudi Airports

The US Embassy in Amman urged Americans in the Middle East to remain vigilant amid escalating security risks, warning of potential flight cancellations, airspace closures and threats to US-linked interests. Its alert refers to Houthi attacks on Saudi civilian airports and infrastructure that caused casualties. Separately, reporting on the attacks confirmed deaths and widespread airline disruption. The embassy alert itself does not establish a new oil-supply disruption or a measured market reaction.

NewsOct 09, 2026, 06:20 PM GMT+5:30

Zelensky Criticises US as Ukraine Reports 78 Killed in Two Days

Ukrainian President Volodymyr Zelensky said Russian attacks killed 78 people and wounded 215 across Ukraine over two days. Reuters reported that 35 people were killed in Kramatorsk on 8 October, including two killed in a later drone attack. Zelensky criticised US efforts to explore economic ties with Russia while mediating the war, and called for expanded Ukrainian access to Starlink and greater sanctions pressure on Moscow.

NewsOct 09, 2026, 04:01 PM GMT+5:30

Ethiopia Tells UN It Must Defend Itself Against Alleged Eritrean Incursion

Ethiopia told the UN Security Council it must defend itself against what it described as an Eritrean invasion, Reuters reported on 9 October. Its foreign minister alleged troops had moved up to 60 km into northern Ethiopia. Eritrea previously disputed incursion reports and had not immediately responded to Friday’s request for comment.

NewsOct 9, 2026 · 15:29 IST

Nvidia-Backed Firmus Shelves Australian IPO

Nvidia-backed Australian data-centre operator Firmus shelved its planned $5 billion IPO on Friday and said it would seek private capital. Reuters reported that a source expected a later Nasdaq listing, but the company declined to confirm that plan.

NewsOct 9, 2026 · 15:19 IST

Rupee Gains as Oil Retreats; Traders Cite RBI Support

The Indian rupee rose 0.2% to 96.61 per dollar in a Friday trading snapshot reported by Reuters. Lower oil prices provided support. Traders said the RBI likely intervened near 96.80; that assessment is not an official intervention confirmation.