Business

Yeh Chun-hsien, head of the National Development Council (NDC), on Wednesday attributed Taiwan's forecast lead over South Korea in gross domestic product (GDP) per capita in 2025 to the success of Taiwan Semiconductor Manufacturing Co. (TSMC) and a boom in artificial intelligence applications, as per a report by Focus Taiwan.

State Bank of India (SBI) on Wednesday announced the successful completion of the divestment of a 13.18% (approximately) stake in Yes Bank Limited (YBL) to Sumitomo Mitsui Banking Corporation (SMBC), the state-owned lender said in a statement.

Rating agency ICRA projects road monetisation at Rs. 35,000-40,000 crore in FY26 if the assets identified by the National Highways Authority of India (NHAI) are monetised in a timely manner. The report based the assumption on the median valuation multiple of 0.62 times seen across the 10 awarded TOT (toll-operate-transfer) bundles over the last three years.

India's exports to the United States fell for the third straight month in August, as steep tariff hikes by Washington continued to weigh on trade, according to a report by the Global Trade Research Initiative (GTRI).

Festive season, cultural demand, and GST reforms could boost gold jewellery buying in India even as the yellow metal rates are at record highs, Mirae Asset Mutual Fund has said in a report.

Taiwan is sending a delegation to the United States to purchase American agricultural products, the Ministry of Foreign Affairs (MOFA) announced, Focus Taiwan reported.