December 2, 2023
India’s gaming market is expected to grow from $3 billion in 2023 to $6.26 billion by 2028, Karnataka’s IT/BT Minister Priyank Kharge has said, following the release of the state’s animation, visual effects, gaming and comics (AVGC) policy. Karnataka will be taking big strides in the animation and gaming sectors, the minister said in a
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ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 55.38 points or -0.17% to 33,431.51 Shanghai increased 1.96 points or 0.06% to 3,031.64 Hang Seng decreased 212.58 points or -1.25% to 16,830.30 ASX 200 decreased 14.10 points or -0.20% to 7,073.20 Kospi decreased 30.28 points or -1.19%
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Pfizer (PFE) has suffered another setback in its efforts to develop a weight-loss pill — and that’s good news for Club holding Eli Lilly (LLY) as it looks to maintain an edge in the fast-growing obesity-treatment market. Pfizer said Friday it will discontinue its twice-daily weight-loss pill, danuglipron, after patients in a mid-stage trial experienced
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Leer en Español South Asia to lead the pack: Our panelists expect South Asia to be the fastest-growing world region both in 2024 and over our forecast horizon to 2027, thanks to stellar growth in India and Bangladesh. In particular, India will likely have continued success at attracting FDI from firms looking to invest in
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ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 165.67 points or 0.50% to 33,486.89 Shanghai increased 7.99 points or 0.26% to 3,029.67 Hang Seng increased 49.44 points or 0.29% to 17,042.88 ASX 200 increased 52.00 points or 0.74% to 7,087.30 Kospi increased 15.48 points or 0.61% to 2,535.29
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opec+ members have agreed to make additional voluntary cuts to oil production in 2024 in an increasingly fraught attempt to bolster the market, but crude prices fell due to signs of ongoing strains in the
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Officials say the 15-year-old wrote in a chat group about plans for an attack in Western Germany. ADVERTISEMENT A 15-year-old boy and his alleged accomplice have been arrested by German authorities, on suspicion of planning a militant Islamist state style attack on a Christmas market. The teenager was detained Tuesday in Burscheid, a town near
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A day after Prosus interim CEO Ervin Tu said the firm had marked down Byju’s valuation to below $3 billion, he told analysts that the technology investor is working to improve returns on its edtech portfolio. This and more in today’s ETtech Top 5. Also in this letter:■ Elon Musk blasts advertisers who left X■
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ASIA: China will likely unleash 2.28 trillion yuan ($319 billion) of next year’s special local bond quota by the end of December, state media reported, a sign Beijing is moving early to boost growth in 2024. Authorities are expected to distribute 60% of next year’s special local government bond quota to provinces ahead of time,
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THE stock market returned to the 6,300 level, but the peso weakened slightly at the start of a shortened trading week. The currency dipped by two centavos to P55.40 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi) added 40.07 points, or 0.64 percent, to end the day at 6,309.57. It was the
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