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Investing.com-- Most Asian currencies moved little on Monday as markets weighed hawkish yet somewhat reiterative comments on monetary policy from the Federal Reserve, while the dollar retained recent gains and came close to a three-month high.

Quelle surprise. ASX-listed can and bottle maker Orora is seeking to acquire high-end glass bottle manufacturer Saverglass, which was founded in 1897 in the historic Bresle Valley in France, where glass has been produced since the 15th century.

It might look like Australia is pushing ahead with the transition to wind energy, but a major player in the market believes legislative red tape is slowing down the clean energy transition to a crawl.

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 19300 levels on Friday. India VIX was up by 3.27% from 11.70 to 12.08 levels in the previous session. Volatility has spiked and moved in swings in the week. On the monthly options front, the maximum Call OI is placed at 19500 and then towards 19300 strikes while the maximum Put OI is placed at 19000 and then towards 19300 strikes. Call writing is seen at 19300 then 19400 strikes while Put writing is seen at 19200 then 19100 strikes. “Options data suggests a broader trading range in between 19100 to 19600 zones while an immediate trading range in between 19100 to 19400 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a small-bodied candle on the daily frame and broke its higher highs formation of the last four sessions on Friday.

NEW DELHI: If Nifty fails to sustain above 19250, it's likely to experience a significant downward movement, says Kunal Shah, Senior Technical & Derivatives Analyst at LKP Securities. “This potential downside could extend towards the levels of 19000 and 18900. In this scenario, a cautious approach is advised, considering the prevailing selling sentiment,” he says in an interview. Edited excerpts:RIL, which ended the week down over 3%, was the biggest drag on Nifty during the week even when buying was seen in financials and IT stocks. How does the Nifty trade setup look ahead of the monthly expiry?During the entire August series, the index has encountered consistent selling pressure from elevated levels.

Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle unit and the two companies will form a strategic partnership. Xpeng's shares surged around 16% in early Monday trade. As part of the deal, which could be worth as much as $744 million, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment. «Project 'MONA' will accelerate the Company's production and sales growth and help achieve greater economies of scale,» Xpeng said in a statement. Didi will support the launch by «providing access to its mobility market» and the two companies will explore strategic cooperation in a number of areas, including marketing, financial and insurance services. Didi will acquire around 3.25% of Xpeng shares under the deal, which could increase depending on whether production and sales targets are fulfilled.

By Roushni Nair and Melanie Burton

Day trading guide for today: On account of weak global market cues, Indian stock market ended downside on second day in a row on Friday. NSE Nifty went down 120 points and ended at 19,265 levels, BSE Sensex finished 365 points southward at 64,886 mark whereas Bank Nifty index corrected 264 points and closed at 44,231 levels. NSE Cash market volumes were higher as compared to recent average.

₹600 crore derivatives position before Adani probe report.3. IDFC First Bank - Wins title sponsorship rights for BCCI matches for the next three years.4. Zee Entertainment - Former CEO challenges recent order by SEBI.5.

The sound of treated radioactive water flowing to an underground pool could be heard as media toured Japan's Fukushima Daiichi nuclear power plant

Rising trade barriers

dollar eased from a 12-week peak on Monday as traders weighed the U.S. monetary path after the Fed Chair Jerome Powell left open the possibility of further interest rate increases, while the yen hovered close to its lowest in over nine months. In an eagerly awaited speech at the annual Jackson Hole Economic Policy Symposium, Federal Reserve Chair Powell promised to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S.

global markets. The BSE Sensex fell 365 points at 64,886, while Nifty declined 120 points to end at 19,265. Stocks that were in focus include names like Paytm, which fell 0.71%, Mastek, which gained 2.25%, and KFin Technologies, whose shares jumped 11.65% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today:Paytm — Buy for long term The counter has witnessed a breakout of a triangle formation, which is generally considered a bullish signal.

HONG KONG (Reuters) — Chinese electric car company Xpeng (NYSE:XPEV) said it will acquire ride-hailing giant Didi's smart electric vehicle unit and the two companies will form a strategic partnership.

Investing.com-- Chinese stocks rose sharply at the open on Monday after Beijing announced a slew of new measures aimed at restoring faith and attracting investors back to its battered equity markets. 

Brookfield is looking to grow its $25-billion asset portfolio in the country further, said former central banker Mark Carney, also the UN Special Envoy for climate action and finance. The chair of Brookfield Asset Management and head of transition investing at the firm told Deepshikha Sikarwar & Vinay Pandey in an interview that India has a big opportunity amid global supply chain disruptions. Edited excerpts:The US Federal Reserve chairman has made it clear the central bank is not done with containing inflation. What is your reading of Jerome Powell's statement?My reading of what he emphasised is that the Fed's policy is going to continue to be restrictive for some time.

Buy or sell stocks for today: Following weak global market sentiments, Indian stock market ended lower on second day in a row on Friday. NSE Nifty corrected 120 points and finished at 19,265 levels, BSE Sensex ended 365 points lower at 64,886 mark whereas Bank Nifty index lost 264 points and closed at 44,231 levels.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Netflix, Fulcrum Therapeutics, and Grab Holdings, and downgrades for Medical Properties Trust and Dick's Sporting Goods.

Judo says the big banks are still dragging their heels when customers want to switch business lenders amid growing regulatory scrutiny of potential anticompetitive conduct.

Chucky movies in sequence. Chucky, the iconic evil doll, emerged as a horror staple since the premiere of «Child's Play» in 1988. When it comes to sinister dolls, Chucky takes the spotlight. Despite our affection for Annabelle, Chucky's humor and originality stand out. The Chucky franchise underwent storyline shifts, starting with Andy Barclay's focus and eventually involving Chucky's wife, Tiffany, and their offspring. But fans are always eager for Chucky's escapades. A Chucky TV series on SYFY and the USA network titled «Chucky» premieres its third season, perfectly timed for Halloween.

Australia’s investment banking scene is about to get a sugar hit.