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Investors and Federal Reserve officials scrambling to make sense of surging U.S. Treasury yields have a new obsession: a number that exists only in theory. Known as the term premium, the number is typically defined as the component of Treasury yields that reflects everything other than investors’ baseline expectations for short-term interest rates set by the Federal Reserve.

By Arathy Somasekhar and Muyu Xu

Investing.com-- Most Asian stocks moved in a tight range on Wednesday as growing concerns over a spillover in the Israel-Hamas war dented risk appetite, largely offsetting positive data that showed China’s economy grew more than expected. 

By Sarah Wu

(Reuters) — China's economy grew at a faster-than-expected clip in the third quarter from a year earlier, official data showed on Wednesday, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.

Investing.com-- Most Asian currencies firmed slightly on Wednesday tracking a stronger-than-expected reading on Chinese economic growth, although fears of an escalation in the Israel-Hamas war limited any major gains.

Kunal Vora, Director, Head of India Equity Research, BNP Paribas, is confident on a long-term theme called affluent India. The income tax data which came out in recent months show that affluent India – the top 10% of the income earners – is doing really well and some of the stocks which BNP Paribas is recommending are coming from that theme.

cryptocurrency exchange Binance has halted withdrawal of dollars by its clients from the platform, its updated terms showed on Monday. In early June, Binance.US had halted dollar deposits, after the US Securities and Exchange Commission (SEC) asked a court to freeze its assets. «In the event that customers wish to withdraw US dollar funds from their account, they may do so by converting US dollar funds to stablecoin or other digital assets, which can subsequently be withdrawn,» the terms page said. Binance.US did not immediately respond to Reuters request for comment.

mutual funds through SIPs with monthly collections surging past the Rs 16,000 crore mark. However, there are still many myths surrounding this mode of investment into risk assets. Do sips offer guaranteed returns? Often illustrations for SIPs show past returns for tenures of 5-10 years, where returns could range between 10% and 20% annualised based on the type of equity fund chosen. However, this does not mean that these returns are guaranteed. Money managers point out that SIPs are merely a mode of investing in mutual funds, where a fixed amount is invested on a particular date every month. About 90% of the SIPs go into equity-oriented mutual funds in which case the money is deployed in the stock markets, which carry a degree of risk and volatility. Since returns from stocks are not guaranteed, consequently returns from SIPs are not guaranteed either. Can sips be done only in equity funds and are they meant only for retail investors? A SIP can be done in any mutual fund scheme — be it equity, debt, gold or an international fund. While a minimum SIP amount in most cases is Rs 500 per month or Rs 1,000 a month, there is generally no upper limit and it can be done even by rich investors. It is a method of investing in mutual funds and imparts discipline while investing; so it can be used by all investors.

risk appetite and investment horizon. This means those with a low-risk appetite should invest more in the debt schemes and less in the equity. On the contrary, those with a high-risk appetite should do the opposite i.e., a higher proportion in equity and lower in debt.

China’s economy slowed in the third quarter, amid muted global demand, deflationary pressures and an ailing property sector

Canadian billionaire entrepreneur Stephan Crétier, founder of the GardaWorld global security empire, has acquired a historic family winery in Napa, Calif., for more than $57 million.

It was a sudden share raid that at the time made no sense in Australian media circles. ASX-listed media company ARN Media, with Jefferies at its side, quickly bought up 14.8 per cent of its arch rival Southern Cross Austereo in June this year.

Investing.com-- Oil prices rose sharply in Asian trade on Wednesday after a deadly blast at a Gaza hospital appeared to have stymied a U.S. diplomatic effort in the Israel-Hamas war, while industry data showed that U.S. inventories shrank more than expected last week. 

Sophia Bush separated from husband Grant Hughes after 13 months of marriage. However, as per recent reports, the 41-year-old actor is reportedly spending time with professional soccer player Ashlyn Harris. According to an exclusive report from People Magazine, Sophia Bush and Ashlyn Harris have known each other for years and have moved from being friends to something more.

Biden may consider a supplemental request of about $100 billion that would include defense aid for Israel, Ukraine and Taiwan, multiple sources familiar with the request told Reuters on Tuesday. Biden has been widely expected to ask Congress to pass a supplemental spending bill within days, as Washington responds to the deadly Oct. 7 attack on Israel by Hamas militants while looking to continue to support Ukraine as it grapples with a Russian invasion. The news broke as Biden prepared to depart for Tel Aviv and Amman to show support for Israel and also to meet leaders of Jordan and Egypt on the Gaza humanitarian crisis U.S.

Biden on Tuesday left the White House for a quick trip to Israel to show solidarity with the people of the country in the aftermath of the terrorist attack by Hamas. However, Biden had to abruptly scrap his trip to Jordan for a meeting with leaders of Jordan, Egypt and Palestine after the Palestinian Authority cancelled the summit following a huge explosion at a hospital in Gaza.

Check all the LIVE Updates here on the LIVE blogBritish Prime Minister Rishi Sunak is set to visit Israel this week, Sky News reported on Tuesday without citing sources.A Downing Street spokesperson declined to confirm the report, saying Sunak's travel plans would be confirmed in the usual way.Last week, foreign minister James Cleverly travelled to Israel to show solidarity with the Israeli people following attacks by Palestinian militant group Hamas. (Reuters)The Israeli army said Tuesday a strike that hit a Gaza hospital, killing at least 200 people according to Hamas officials, was a rocket misfired by Islamic Jihad Palestinian militants."The hospital was hit as a result of a failed rocket launched by the Islamic Jihad terrorist organization," it said in a statement.Arab governments immediately blamed Israel, 11 days into a war between Israel and Gaza-based Hamas militants who attacked southern Israel on October 7.

Reuters reported. In an official statement, the White House earlier said, “President Biden will then travel to Amman, Jordan, where he will meet with his Majesty King Abdullah, Egyptian President Sisi, and Palestinian Authority President Mahmoud Abbas." "He will reiterate that Hamas does not stand for the Palestinian people’s right to dignity and self-determination and discuss the humanitarian needs of civilians in Gaza," the statement said. Israel had declared war on Hamas earlier this month after a surprise attack killed more than 1400 people and took around 200 hostages.

By Dawn Chmielewski and Lisa Richwine

By Wayne Cole