Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
The Indian government received multiple bids for its stake in state-run carrier Air India, including Tata Sons and a group of over 200 Air India employees, in the auction that ended Monday evening.
The secretary of the Department of Investment and Public Asset Management confirmed that there were several expressions of interest for strategic disinvestment of Air India, and the transaction now moves to the second stage.
Tata Sons, India’s autos-to-steel conglomerate, is expected to have submitted an initial bid. Tata operates two airlines in India, namely the full-service carrier Vistara, and budget airline AirAsia India.
The group of more than 200 Air India employees submitted an initial bid in partnership with a private financier.
The winning bidder would get control of Air India’s 4,400 domestic and 1,800 international landing and parking slots at domestic airports, and 900 slots at airports overseas.
It also gets 100 percent of the low-cost arm Air India Express and 50 percent of AISATS, which provides cargo and ground handling services at major Indian airports.
In January, India renewed its push to sell its entire interest in the losing airline, kept aloft since 2012 by a bailout.
The Indian government didn't receive any bids in an effort to auction a majority stake almost two years ago, forcing it to ease terms to attract bidders.
