Australian lender Westpac’s full-year profit ticks higher

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• Russia stocks lower at close of trade; MOEX Russia Index unchanged

  Market participants observed a downward drift across domestic equities as the trading session concluded. Broader regional pressures kept overall investor sentiment subdued, although key benchmark tracking managed to hold its prior ground. This mixed finish highlights ongoing hesitation among traders navigating the current local economic environment.

  1 min read
• Wall Street Braces for Biggest Treasury Sales Overhaul in Years

  Treasury Secretary Scott Bessent's efforts to curb high borrowing costs are driving officials to reconsider their long-standing debt strategy as 30-year bond yields top 5.30%. The upcoming quarterly refunding announcement could abandon multi-year pledges of stable note and bond auction sizes to clear a path for reducing long-term debt issuance. Such a maneuver risks leaving the government heavily vulnerable to interest rate swings by forcing greater reliance on short-term paper to fund roughly $2 trillion annual d…

  5 min read
• Fake claims, evasion of Rs 5.3 crore land techie couple in I-T net

  Tax investigators uncovered an elaborate scheme where a Delhi-NCR husband and wife fabricated massive financial records to minimize their tax liabilities over a five-year period. The couple allegedly deployed altered donation slips and forged educational documents to amass illicit savings, which authorities report were subsequently funneled into buying half-a-dozen real estate properties. They now face substantial financial penalties alongside broader legal proceedings for their fraudulent activities.

  2 min read