Writing the summary…
Incredible or catastrophic? Jaguar unveils its polarising electric car
Source: BBC Business
Original reporting
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India’s central bank hikes rates for the first time since 2023 as inflation risks build
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
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Singapore's Temasek warns of the ‘biggest risk’ facing markets right now
Unwinding of the artificial intelligence trade poses the biggest risk to markets, according to Singapore state-owned investment giant Temasek.
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Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery
Oil rose Wednesday, as concerns over attacks by Yemen's Iran-backed Houthis on Saudi Arabia outweigh a higher crude supply in Middle East.
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Trump set to talk to Russia's Putin 'very soon' about plague-related death in Siberia
Trump says he will speak with Putin “very soon” over a plague incident in Russia as CDC monitor the situation.
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Trump isn't ‘completely wrong’: Hormuz disruption is Asia’s problem, says Singapore's foreign minister
Trump has said that Asian economies, which are heavily reliant on energy shipped through Hormuz, should shoulder more of the burden of keeping the waterway open.
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Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next
Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.