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Japan's governing party will pick a new leader Friday who will succeed outgoing Prime Minister Fumio Kishida

equity indices closed at all-time high levels on Wednesday, as a late spurt helped the Sensex close above 85,000 and the Nifty above 26,000 for the first time. Analysts warn traders of some hurdles for these indices immediately but do not anticipate a sharp sell-off. The broader market indices, however, ended weak. Nifty gained 0.3% or 63.75 points to close at 26,004.15, while Sensex advanced 0.3% or 255.83 points to close at 85,169.87.

Gold prices steadied on Thursday after hitting a record high on the previous session, aided by the expectations for another big rate cut by the U.S. Federal Reserve, while traders await Federal Reserve Chair Jerome Powell's comments for further hints on the policy outlook.

«Markets made a new all-time high for the sixth consecutive session supported by positive global cues and strong domestic flows. We expect the Nifty to continue its upwards journey, amid monthly derivative expiry on Thursday which may induce some volatility,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.

rockets fired by Hezbollah pounded Kiryat Shmona, the northernmost Israeli city near the border with Lebanon. Refrigerators stored at the site were charred and mangled, a small sign of the damage Hezbollah has inflicted on northern Israel since the Lebanese militant group and the Israeli military had escalated their attacks against each other over the past week. «Kiryat Shmona has turned into Hezbollah's playground,» said Guy Hayun, 45, the security coordinator for the city over the past year.

Russia-Ukraine conflict, the Russian Foreign Minister Sergey Lavrov met with his Chinese counterpart Wang Yi on the sidelines of the 79th United Nations General Assembly on Wednesday and discussed the ongoing Ukraine conflict. During their discussion, both leaders reiterated the sanctions imposed by the Western countries' violated UN Security Council resolutions and undermined global economic stability. «Sergey Lavrov and Wang Yi mentioned that Western countries' illegitimate sanctions imposed in circumvention of UN Security Council resolutions are unacceptable as they undermine the stability of the global economy and universal forms of trade and economic cooperation,» the Russian Ministry of Foreign Affairs said in a statement.

food catering firm Sodexo is exploring a potential acquisition of its U.S. rival Aramark, Bloomberg News reported on Wednesday. Sodexo has been periodically discussing the deal with food and facilities management provider Aramark in recent months, the report said, citing people familiar with the matter. However, there is no guarantee that the talks will lead to a deal and, in any case, a potential deal could face antitrust scrutiny. Sodexo would also need to secure the funds for such a sizeable acquisition, the report added.

Discount brokers are increasingly getting into margin trade funding as they look to diversify revenue channels at a time when their core revenue-generating business of futures and options trading has come under regulatory scrutiny. Margin trade funding (MTF) – where brokers lend money to traders to buy more shares and earn interest income while keeping the financed shares as collateral – is dominated by bank-backed stockbrokers such as ICICI Securities and Kotak Securities. Bengaluru-based Zerodha, the country’s second largest stockbroker, is working to launch the product soon while rival Groww has recently gone live with this feature. Fyers is working on the beta testing stage but wants to grow this book “very carefully” even as early movers Mstock, Angel One and 5Paisa are generating significant revenue by growing their MTF books.

American steelworkers speak to FOX Business Lydia Hu outside of Pittsburgh, where the U.S. Steel headquarters may soon be handed over to Japan-based Nippon.

Donald Trump's campaign on Iranian threats against the Republican presidential nominee, adding that the briefing centered on previously reported threats and not a new plot, as per a report on AP. US Secret Service boosted Trump's security protection in July following news of an Iranian threat on his life. Iranian hackers also stole information they retrieved from Trump's campaign. Secretary of State Antony Blinken said Wednesday that officials have been tracking Iranian threats against a number of officials including Trump and some who serve in President Joe Biden 's administration. The attention to Iranian threats comes at a sensitive moment in the campaign following two assassination attempts targeting Trump. There's no evidence though connecting these events to Iran.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Telegram has captured the spotlight as it has decided to handover the internet IP addresses and phone numbers of the users to the authorities on the basis of the valid legal requests.

Putin says that a nuclear power supporting another country's attack on Russia will be considered a participant in aggression. Speaking during Wednesday's meeting of Russia's Security Council that considered changes in Russia's nuclear doctrine, Putin announced that a revised version of the document says that an attack against Russia by a non-nuclear power with support of a nuclear power will be seen as their "joint attack on the Russian Federation." Putin didn't specify whether Russia could respond to such an attack with nuclear weapons. The change in the doctrine follows Putin's warning to the U.S.

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With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

A New York appeals court is set to hear arguments in former President Donald Trump’s fight to overturn a civil fraud judgment that could cost him close to half a billion dollars

Two former top editors of Hong Kong’s defunct online media Stand News will learn their sentences Thursday after a landmark sedition verdict

Champai Soren, who joined the BJP last month, on Wednesday accused the Hemant Soren government in the state of putting his life at risk by withdrawing all security vehicles assigned to him. The former Jharkhand Mukti Morcha (JMM) leader alleged that withdrawing his security vehicles was a political conspiracy. The state police, however, rejected the charge saying that five vehicles are still engaged with the security of the former chief minister who also enjoys the services of 63 police personnel. «The Jharkhand government withdrew all security vehicles assigned to me, putting my life at risk, under a political conspiracy. I am not afraid of this move. The people of Jharkhand would provide security to me,» Champai Soren told PTI.