FILTERED RESULTS
FILTERS
•
·
·
FILTERED RESULTS
India’s ‘Cockroach’ Protest Leader Faces Court in Voter-List Row
Jio’s $3.2 billion IPO tests investor appetite as Ambani legacy faces scrutiny
Striking unions at Antofagasta’s Centinela copper mine reach preliminary deal, ending strike
Jio’s $3.2 Billion IPO Tests Ambani Appeal With Young Indians
Brazil’s Flavio Bolsonaro pledges fiscal adjustment, rejects cuts to social spending
Donald Trump exempts Russia from further sanctions mandated by new law
SoftBank in talks to buy US security group Allied Universal
A Popular Tax-Saving Trade is Juicing Wall Street’s Borrowing Binge
Hermès Is Targeting a New Emerging Market: The American Suburbs
Trump suspends sweeping Russia tariffs ahead of U.S. midterm elections
US Gives Green Light for New Routes from Mexico City Airports
Trump waives many Russia-related sanctions, tariffs before they were to take effect under new law
Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports
Anthropic offers Blackstone double-digit yield in latest chip financing
Will Starlink Mobile matter for Apple?
Anthropic Proposes $60 Billion Chip Debt Package to Blackstone with High Yield
Meloni’s Fiscal Restraint in Italy Is Set to Endure, DBRS Says
Chinese Stocks Turn Biggest Losers as Global AI Trade Stumbles
Blue Owl Founders Promised a Comeback. The Company’s Share Price Hasn’t Budged.
New Cracks in AI Trade Push Wall Street to Worst Week Since June
A Volatile Week Ends with Tech Stocks Down, Oil Up
KLEA Finance Daily: Friday, October 16, 2026
The Most Polite Trucker in America Is a Driverless 18-Wheeler
Anthropic signs lease for first Canadian data center
Anthropic proposes AI safety bill with strict intervention thresholds - Politico
Oil hits 5-month high of $110 on new escalation in Middle East
Anthropic quietly pitches its own AI safety bill to lawmakers, Politico reports
Global hedge funds hammered by AI selloff this week, Asia managers lead losses
M.L.B. Playoff Ads With Sydney Sweeney and Megan Fox Draw Backlash
Netflix Scrambles to Rewrite Its Narrative With Layoffs and a Sudden Firing
Mexico Says Airlines Can Add US Routes From Mexico City Airports
Air-Traffic Controllers’ Practice of Leaving Work Early Targeted in Pay Deal
Graza CEO on Market Expansion, Consumer Outlook
US lifts restrictions on new Mexican flights from capital’s airports
Grynspan holds lead for next UN chief as race enters decisive stage
TGI Fridays CEO on Company Turnaround, Expansion Plans
Democrats Outpace Republicans in Congressional Fundraising
Mexico Set to Approve $12.5 Billion in Renewable Power Projects
LA restaurant group used $60,000 Dodgers bet to hedge playoff risk, Kalshi says
Upgrade’s Bank Ambitions Show How FinTech Growth Expands Choices
FAA, Air Traffic Controllers’ Union Reach Agreement on Pay Bump
Novavax shareholder Shah Capital to step back from activist role
Healey says new Heathrow runway would boost ‘growth’ despite Burnham wavering
Gold prices slip for the week as oil gains offset weaker dollar, U.S. bond rally
Proofpoint taps JPMorgan, UBS for $1.25 billion debt deal - Bloomberg
Russia stocks higher at close of trade; MOEX Russia Index up 1.70%
As AI rally wobbles, stock market’s spotlight turns to earnings
Moody’s upgrades Egypt to B3 on fiscal reforms, keeps positive outlook
US air traffic controllers reach deal with FAA for 2.8% pay rise, WSJ reports
Katie Zacharia Out of the Job as Trump’s Press Secretary
Brazil may offer credit lines to ease impact of tax, labor reforms, minister says
Meta Withdraws $25 Million from Its Midterms Push
Apple blames ‘extraordinary’ demand as foldable iPhones sell out
US Markets Decline Amid Inflation Concerns and Rising Oil Prices
Exclusive-Boeing sales chief McMullen to retire, company memo says
Sound Inpatient nears $1 billion refinancing with existing lenders - Bloomberg
Foreign Holdings of US Treasuries Rise From Almost One-Year Low
Brent hits 5-month high above $110 on continued tension in Middle East
Air Traffic Controllers Reach Deal With FAA for 2.8% Pay Increase
Celanese stock falls after raising LCP prices globally
Federal Judge Denies Gemini and CFTC Bid to Erase 2025 Settlement
Gold Steady as Rate-Hike Bets Ease, Oil Pushes Yields Higher
Dollar Has Worst Week in Month With Warsh Quiet on Rate Path
Big Tech stocks suffer biggest weekly drop since ‘liberation day’
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.34%
Canada stocks higher at close of trade; S&P/TSX Composite up 0.11%
Compass Sues California Home Listing Service Over Rules
Coreweave Slides 25% for the Week as AI Credit Concerns Grow | Closing Bell
Nasdaq notches worst week since late June with a 4.5% slide as AI trade suffers
India Suspends Bulk Gold ETF Purchases Ahead of Diwali
Several major Indian mutual funds, including Kotak Mahindra Mutual Fund, UTI Mutual Fund, and HDFC Mutual Fund, have announced a suspension of bulk subscriptions to gold exchange-traded funds (ETFs) just as the country approaches its peak gold buying season for Diwali. This decision follows discussions with the Securities and Exchange Board of India (SEBI), the country's market regulator, although the reasons for the suspension were not disclosed. Importantly, redemptions of existing ETF investments remain unaffected by this move.
India, the world's second-largest consumer of gold, typically sees a surge in demand during the festive seasons of Dussehra and Diwali, when purchasing gold is considered auspicious. However, the recent suspension of bulk ETF purchases could limit one of the key channels for new investment flows into gold, which had previously seen increased activity during festive periods. While physical gold purchases through jewelers are still permitted, the curbs on ETFs may impact overall demand.
The Indian rupee has faced pressure this year due to rising oil prices, which have increased the country's import bill, and significant foreign selling of Indian equities. Earlier this year, the government raised import duties on gold and silver in response to these economic pressures. In September, gold imports fell to $1.8 billion from $2.3 billion in August, indicating a potential shift in buying patterns as the festive season approaches. The market is now left to assess how these restrictions will affect gold demand and prices in the coming weeks.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News