The Daily

Zaggle Prepaid Ocean Services Limited, a spend management and SaaS-led fintech company, will acquire Rivpe Technology Private Limited, which offers consumer credit cards and UPI-based payment solutions.

“Zaggle will acquire Rio.Money’s equity and preference shares for a cash consideration, resulting in the purchase of the company’s entire issued and paid-up share capital on a fully diluted basis,” a Zaggle statement said.

 » Read more about: Zaggle to acquire Rio.Money; to invest ₹75 crore  »

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi began summit talks in New Delhi on Friday, as New Delhi rolled out the red carpet for the Russian leader and Modi told him India supported peace efforts in Ukraine.

Putin is on his first visit to India in four years, aiming to boost trade with the top buyer of Russia’s arms and seaborne oil as Western sanctions squeeze their decades-old ties.

 » Read more about: Putin, Modi discuss trade, Ukraine war at New Delhi summit amid US pressure on India  »

Berkshire Hathaway stunned the market this quarter by initiating a multibillion-dollar position in Alphabet just months before Warren Buffett steps down as CEO.

While Berkshire trimmed its long-held Apple stake yet again, it bought almost 18 million Class A shares of Alphabet at just north of $200 per share, now worth over $5.5 billion.

 » Read more about: What’s Buffett Doing With Google Now?  »

[SINGAPORE] Tech stocks and Singapore real estate investment trusts (S-Reits) are among the 30 most traded stocks outside the blue-chip Straits Times Index, booking a combined S$214 million in average daily turnover (ADT) for the second half of 2025 to Dec 3.

Around 15 per cent, or S$34 million, of the combined ADT over this period was chalked up by mainboard debutants Yangzijiang Maritime ,

 » Read more about: Tech, S-Reits among 30 most traded non-STI stocks in H2 to date  »

 » Read more about: Zen Tech shares: Battered defence stock down 44% in 2025; worth a look?  »

Homebuyers are set to get some relief after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points (bps) to 5.25 percent on December 5, a move that would lower EMIs and interest rates.

 » Read more about: RBI MPC meeting: Repo rate cut by 25 bps, home loan EMIs, interest rates set to fall  »

US stock futures mostly moved higher on Friday as Wall Street looked ahead to a fresh reading on inflation that though delayed, could reset expectations for the Federal Reserve’s next interest-rate move.

S&P 500 futures (ES=F) edged up 0.2%, while those on the Nasdaq 100 (NQ=F) rose 0.4%.

 » Read more about: Stock market today: S&P 500, Nasdaq futures rise as Fed-favored PCE inflation data looms  »

Citigroup Inc. strategists recommend emerging-market investors seek trades cushioning against a potential rebound in the dollar, in contrast with Wall Street peers that expect more weakness for the US currency.

While assets in developing countries have had a stellar year so far, strategists at Citi including Luis Costa argue that the trends driving dollar weakness already started shifting around the middle of 2025.

 » Read more about: Citi Splits From Wall Street Dollar Bears on Emerging Currencies  »

MANILA – Asian shares were mostly higher on Friday afternoon after the U.S. stock market held near its records in a quiet day of trading.

U.S. futures edged up while oil prices fell.

Japan’s Nikkei 225 trimmed gains from the previous day,

 » Read more about: Asian shares mostly advance after Wall Street inches closer to its all-time high  »

As we approach the first quarter of 2026, gold is not just glimmering — it’s flashing an urgent signal to investors: diversify now, while momentum remains strong. 

With multiple top-tier institutions projecting dramatic gains and global macro trends favoring safe-haven assets, now may be one of the best windows in decades to allocate to gold — and to consider expanding beyond traditional channels into alternative bullion investments.

 » Read more about: The Moment for Gold and Alternative Bullion Investments Has Arrived  »