India Bond Volatility Jumps as Tax-Cut Plan Stokes Fiscal Worry
A Bloomberg gauge of swings in India's 10-year bonds reached the highest since October 2022 on Tuesday, after recent ructions in the nation's debt. Benchmark bonds suffered the biggest selloff in almost two years this week, reversing a rally Thursday that was triggered by a rare sovereign rating upgrade.
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Asia shares slip, dollar steadies ahead of Jackson Hole
By Rae Wee SINGAPORE (Reuters) -Shares in Asia fell on Wednesday, weighed down by a tech-led selloff on Wall Street, while the dollar gained some ground ahead of a key meeting of central bankers later in the week. Oil prices inched higher after falling in the previous session, as traders bet that talks over a possible agreement to end the war in Ukraine could ease sanctions on Russian crude oil, boosting global supply. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.47%, as did stock futures in Europe and the U.S.. EUROSTOXX 50 futures slid 0.55%, while DAX futures lost 0.5% and FTSE futures eased 0.14%. S&P 500 futures dipped 0.2% and Nasdaq futures lost 0.34%, extending its fall from the cash session overnight. [.N] "The S&P 500 and Nasdaq slumped overnight as investors ditched high-flying tech stocks with their lofty valuations," said Tony Sycamore, a market analyst at IG. Adding to headwinds for the sector, news that Nvidia and AMD have agreed to give the U.S. government 15% of the revenues from chip sales in China, as well as reports that the U.S. is considering taking a 10% stake in Intel, have stoked investor worries of the Trump administration's growing influence on tech companies. Sources also told Reuters that U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country. "These developments signal that U.S. government is heading in a concerning and more interventionist direction," said Sycamore. Other bourses in Asia were similarly in the red on Wednesday, with Japan's Nikkei down 1.2%, while China's CSI300 blue-chip index fell 0.5%. Much of investors' attention at the start of the week was on a meeting between U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskiy and a group of European allies over the Russia-Ukraine war. While the talks concluded without much fanfare, Trump said the United States would help guarantee Ukraine's security in any deal to end Russia's war there. He later said on Tuesday that the United States might provide air support to Ukraine, while ruling out putting U.S. troops on the ground. "The U.S. is not categorically underwriting anything, any security for Ukraine, even if they're open to provide some, because we don't know the conditions under which they will. So there's quite a bit of risk left out there," said Vishnu Varathan, head of macro research for Asia ex-Japan at Mizuho. Oil prices recovered after a fall in the previous session, with Brent crude futures last up 0.46% at $66.09 a barrel. U.S. crude advanced 0.6% to $62.72 per barrel. [O/R] AWAITING JACKSON HOLE All eyes are now on the Kansas City Federal Reserve's August 21-23 Jackson Hole symposium, where Fed Chair Jerome Powell is due to speak on the economic outlook and the central bank's policy framework on Friday. Focus will be on what Powell says about the near-term outlook for rates, with traders almost fully pricing in a rate cut next month. "Given the apparent tensions between U.S. CPI and PPI data, (it) does come across as... premature to declare one way or the other. And most importantly, given this kind of dilemma embedded within the data, it is hard to decipher whether the Fed would take or would emphasise the risks that start to mount on the job side of the equation or (the) need to sit firm," said Mizuho's Varathan. Ahead of the gathering, the dollar firmed slightly, pushing the euro down 0.13% to $1.1633, while sterling fell 0.16% to $1.3470. The New Zealand dollar eased 0.17% to $0.5885 ahead of a rate decision by the Reserve Bank of New Zealand due shortly on Wednesday, where a rate cut is expected. Elsewhere, spot gold fell 0.07% to $3,312.89 an ounce. [GOL/] Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Ideal Systems Debuts "Tabatha" AI-Powered Newsroom Service at IBC2025
New service includes native integration of Comcast Technology Solutions' VideoAI™ and will be demonstrated with CTS at IBC2025 in Hall #5, in stand 5.C80 SINGAPORE, SG / / August 19, 2025 / Ideal Systems announced today it will be previewing "Tabatha," an integrated newsroom AI platform with native integration of Comcast Technology Solutions' (CTS) VideoAI™ at IBC2025 in Amsterdam. Tabatha is optimised and tailored for using AI in modern TV newsroom productions and is the latest module for Ideal Systems "Alice" cloud integration platform. Tabatha's native integration with VideoAI from CTS aims to dramatically increase newsroom productivity by reducing content search times and increasing search accuracy. It will enable users to search for any highlight without requiring content specific training and significantly simplify highlights workflows across all news and sports genres. Born out of the need for deep integration with both legacy broadcast systems and new media content management systems, Tabatha provides an enterprise integration layer for launching new AI assisted workflows to assist with the efficient creation of news content in legacy newsroom environments with minimal integration impact. Tabatha also allows for the management and control of multiple AIs within the same workflows, even if they are from different AI providers, with different billing models and full API level audits of all actions. "For news organizations, Tabatha serves as a seamless extension layer that enhances existing newsroom systems, archives, and editing workflows with advanced AI-driven media analysis, without altering the core properties of legacy infrastructure, minimizing the risk of introducing AI into operations," said Fintan Mc Kiernan, CEO at Ideal Systems SEA. "We're very proud to have VideoAI from Comcast Technology Solutions powering our efforts and to showcase our work together at IBC2025. Tabatha can also serve as a common platform enabling organizations to leverage AI insights across multiple detectors and billing models, all with full API-level auditing." While Tabatha can integrate with many AIs depending on customer requirements, it will launch with a native integration with VideoAI from CTS. Like Tabatha, VideoAI comes from a proven broadcast background having been developed and used by some of the largest broadcast, media and entertainment companies in the world. Based on years of real-word data training and refinements, VideoAI has won numerous accolades including a Technology & Engineering Emmy® Award, NAB Product of the Year Award, and numerous others. Using VideoAI, Tabatha allows for advanced functionality such as curation of content with accurate topic segmentation and a unique per segment synopsis. Deep search of video content for visual objects, celebrities, and semantic queries are all supported. Tabatha can generate advertising tags and standardised asset metadata sets. It can also automatically identify and select key highlights for distribution to social media platforms and apps or export them via Edit Decision Lists (EDLs) for use in editing platforms like Adobe Premiere, GV EDIUS, and others. Ideal Systems, powered by CTS VIdeoAI, is delivering a future-ready solution that modernizes newsroom operations through advanced automation, AI, and deep media intelligence. Ideal Systems will be demonstrating their integrated solution with CTS at IBC Hall #5, in stand 5.C80 and are now open to taking bookings. Contact AI@ for more information. Contact Information Melody Bilegt Marketing 6684-8770 SOURCE: Ideal Systems (Singapore) Pte. Ltd. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Grim warning for state's biggest export
Premier Chris Minns has warned that NSW's biggest export, black coal, is under threat as demand dries up. Mr Minns told budget estimates that Southeast Asia nations had indicated they would reduce their purchases of black coal 'to a point where they don't buy any at all'. 'Our largest export is still black coal, and it still goes to effectively a single market,' Mr Minns said on Wednesday, adding it accounted for much of the $40bn in exports. 'Now, those countries will continue to buy it, and there's a future for those jobs. I accept that. 'But, they've all indicated to us, over a different time horizons, in different ways, they'll be buying less of it in the future to the point where they don't buy any of it at all. 'NSW is facing a situation where our single biggest export, we are being told in explicit terms, will decline in the years ahead.' Australian coal is predominantly exported to countries in Asia and Southeast Asia, including Japan, China, India, South Korea, and Taiwan. A NSW government trade and investment strategy, released in May, indicated a need to diversify the state's exports, including in Southeast Asia. This includes plans for a $100bn increase in goods and services exports by 2035. The revelations come as Mr Minns is questioned about the conservation hunting Bill, which is before a parliamentary inquiry and seeks to expand hunting rights. Mr Minns indicated a 'bounty' scheme, in which NSW hunters were paid for kills of invasive species, was being considered, although he said it did not 'have blanket support'. He urged for a focus on 'export industries native to us', namely the state's agriculture sector, with combating native species being integral to that. 'We want to grow our agriculture sector. It's a huge and important part of the future growth, future economic growth for the state,' Mr Minns said. 'But, that's not going to happen if both the actual product is threatened by invasive species or the perception about Australian agriculture and primary products is threatened as a result of invasive species. 'So, I just think it's all hands on deck.' The Bill has faced pushback from nature conservation groups who say such hunting would not have a meaningful impact on feral animal populations. Error in retrieving data Sign in to access your portfolio Error in retrieving data
