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El Niño warning signs grow as La Niña weakens in the Pacific, raising 2026 heat risks worldwide | World News

El Niño warning signs grow as La Niña weakens in the Pacific, raising 2026 heat risks worldwide El Niño might be back later this year; major climate agencies that closely watch the tropical Pacific have recently updated their outlooks. Latest observations indicate that the ongoing La Niña event is losing its strength as the sea…

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US markets today: Wall Street drifts lower as White House–Fed feud unnerves investors; dollar weakens, gold gains

US stocks edged lower on Monday as investors showed signs of unease over a sharp escalation in tensions between the White House and the Federal Reserve, two Washington institutions whose independence markets have traditionally taken for granted. The S&P 500 slipped 0.3 per cent from its record high, while assets that typically benefit during periods…

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Rupee weakens 14 paise, closes at 90.16 against dollar | India News

MUMBAI: The rupee weakened on Friday due to dollar demand from maturing offshore positions and corporate hedging. It closed at 90.16 per dollar, 14 paise down from its previous close. Falling equities added to the pressure. Elevated dollar demand weighed intraday, though sporadic dollar sales near the lows capped losses and kept sentiment cautious.“The rupee…

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December PMI data: Services growth cools down to 11-month low; hiring momentum weakens at year end

This is a representative image. India’s services sector lost momentum at the end of 2025, with growth moderating in December as incoming demand softened and companies held back on hiring, according to a monthly survey released on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 58.0 in December from 59.8…

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Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall

Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…

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Cyclone Montha weakens after landfall in Andhra Pradesh; however IMD warns of heavy rain across these parts of Central and North East India |

As per the latest update on IMD’s official post on X, Cyclone Montha [pronounced Mon-Tha], which had intensified into a Severe Cyclonic Storm over the Bay of Bengal earlier this week, has now weakened into a Cyclonic Storm after making landfall over the coastal districts of Andhra Pradesh. According to the India Meteorological Department (IMD),…

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Asian stocks: Japan’s Nikkei hits record high after Takaichi’s election win; yen weakens, markets mixed

Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to…

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Asian shares take a breather: Japanese Yen weakens sharply; Brent and WTI crude prices fall after overnight spike

Asian shares paused their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen weakened to fresh lows against the euro and the Swiss franc surged amid currency market volatility.Oil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that…

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