3h ago
GIFT Nifty Down 11 Points; Sensex, Nifty 50 Seen Tracking Mixed Global Cues on October 19
Asian markets traded mixed on Monday, October 19, as investors awaited China's third-quarter GDP data. Japan's Nikkei 225 fell 2.26% and South Korea's Kospi dropped 1.56%, while Australia's ASX 200 advanced 0.3%. Brent crude slipped below $109 a barrel but held most of last week's gains as conflicts persisted in the Middle East and Eastern Europe. Investors are also watching September-quarter earnings from 35 companies, including Bajaj Finance and UltraTech Cement.
3h ago
5h ago
$10,000 in Woodside Energy shares: how the holding has performed
Woodside Energy shares rose 49% over the past 12 months. The company's average realised price climbed 20% year over year to US$74 per barrel of oil equivalent, even as total production fell 13% to 86.5 million barrels of oil equivalent. Net profit rose 27% to US$1.67 billion and free cash flow surged 159% to US$352 million, allowing the board to lift the interim dividend by 8% to 57 cents per share. The Scarborough project is 98% complete and remains on track to produce its first LNG in the fourth quarter of 2026.
5h ago
8h ago
FIS opens AML investigations agent to US banks on October 18, 2026
FIS has made its AML Investigations Agent commercially available to US banks, including institutions that are not its core clients. The agent assembles investigation evidence alongside customer context, links every output to a source record and cannot close a case without analyst confirmation. Design partner Amalgamated Bank projects cuts of more than 90 percent in Level 1 alert review, about 98 percent in Level 2 case work and more than 80 percent in suspicious activity report drafting, figures drawn from the bank's own workflow analysis rather than live use. FIS cites US anti-money-laundering operations spending of $35bn to $40bn a year and industry false positive rates of 90 to 95 percent.
8h ago
10h ago
Anthropic Commits Billions to 'Public Benefit Fund'
AI company Anthropic said on Sunday it plans to set up a charitable LLC called the 'Anthropic Public Benefit Fund,' with company stock as its sole asset. The fund would receive larger stakes as the company grows, starting with an initial commitment of 5% of Anthropic's shares that remains subject to shareholder approval. That 5% stake is valued at about $48 billion. The move mirrors rival OpenAI's creation of a similar nonprofit foundation in 2025.
10h ago