The National Company Law Appellate Tribunal (NCLAT) has set aside an appeal by SEBI, where the markets regulator had asked the tribunal to recover the penalty imposed by it against an entity related to the diversion of funds in the Religare Finvest matter, saying such claims cannot be filed once the liquidation process begins under IBC, the Economic Times of India reported.

China's factory output growth slowed to a 15-month low, while retail sales posted their worst performance since the country abruptly ended its draconian "zero-COVID" curbs, highlighting the urgent need for new growth drivers heading into 2026, Reuters reported. With Beijing's consumer trade-in subsidies fading, a drawn-out property crisis weighing on household spending and industrial investment risking further deflation, officials have leaned on exports to support growth.

Big Japanese manufacturers' business sentiment hit a four-year high in the three months to December, a closely watched survey showed on Monday, reinforcing market expectations the central bank will raise interest rates this week, Reuters reported. But firms expect conditions to worsen three months ahead as they fret over the impact of higher U.S. tariffs and soft consumption, highlighting uncertainty over how far the Bank of Japan (BOJ) could eventually push up borrowing costs.

Do Kwon, a crypto entrepreneur who created two virtual currencies that spectacularly melted down, prompting a market crisis in 2022, was sentenced to 15 years in prison yesterday, the New York Times reported. Kwon became a cautionary tale of crypto hubris when the digital currencies he designed — TerraUSD and Luna — lost all their value practically overnight. The crash caused a chain reaction that led to the collapse of a string of major crypto companies. Mr.

For the past three decades, as China’s economy has developed into a global powerhouse, investment has grown reliably each year. That is about to change, the New York Times. This year, China’s investments in assets like new factories, public infrastructure and housing are expected to fall for the first time since the late 1980s, ushering in a more conservative era for an economy that has reshaped the global order with years of robust growth.

Many of China's newly merged small banks have seen profits fall and capital buffers shrink over the past year, a Reuters review of data showed, testing Beijing's record consolidation drive designed to avert risks in its $8 trillion small banking sector. China's bank consolidation has accelerated, with at least 350 banking licences cancelled in ​2025 as of November, up from 198 in 2024, according to a report by Chinese investment bank China International Capital Corp.

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is set to be sentenced in New York federal court on Thursday for fraud and conspiracy, Reuters reported. Kwon, 34, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, previously pleaded guilty and admitted to misleading investors about a coin that was supposed to maintain a steady price during periods of crypto market volatility.

Mexico's decision to raise tariffs as high as 50% will affect $1 billion worth of shipments from major Indian car exporters, including Volkswagen and Hyundai, despite industry lobbying to persuade New Delhi to prevent such a move, according to two sources and a letter from an industry group reviewed by Reuters. Mexican President Claudia Sheinbaum's government approved on Wednesday raising import tariffs next year on hundreds of items from countries it does not have trade agreements with, including China and India, to protect local jobs and manufacturing. But the move also comes amid U.S.

Japanese companies sold a record amount of yen-denominated bonds targeting individuals this year, in the latest sign that sticky inflation is causing households to shift more of their $14.3 trillion of financial assets into riskier investments, Bloomberg News reported. The note sales climbed to about ¥2.76 trillion ($17.6 billion) as of Dec. 10, surpassing last year’s full-year record of ¥2.73 trillion, according to compiled data.

Japanese companies said strained diplomatic relations with China are their primary concern as they head into 2026, followed closely by U.S. trade policies, a Reuters survey showed on Thursday, Reuters reported. Ties between the Asian neighbours have deteriorated since Japanese Prime Minister Sanae Takaichi told parliament last month that a hypothetical Chinese attack on democratically governed Taiwan could trigger a Japanese military response.