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India's GOCL Corp drops after promoters' group sells stake
** Shares of mining and infra co GOCL Corp GOCL.NS dip 3.3% to 384.25 rupees; set to snap four straight sessions of gains ** On Friday, Hinduja Capital, co's large shareholders' group offloaded 800,000 shares priced at 389.58 rupees apiece, exchange data showed ** A large shareholders' g...Reuters
7 minutes ago
EMERGING MARKETS-Asian stocks, currencies surge on Powell's dovish Fed signals
Asian FX surge led by rupiah, ringgit gainsPowell's dovish turn boosts regional risk appetiteASEAN rate cuts expected as Fed easing beginsBy Roushni Nair Aug 25 (Reuters) - Most Asian stocks and currencies surged on Monday, with the Indonesian rupiah and Malaysian ringgit leading gains, after...Reuters
16 minutes ago
EMERGING MARKETS-Asian stocks, currencies surge on Powell's dovish Fed signals
Asian FX surge led by rupiah, ringgit gainsPowell's dovish turn boosts regional risk appetiteASEAN rate cuts expected as Fed easing beginsBy Roushni Nair Aug 25 (Reuters) - Most Asian stocks and currencies surged on Monday, with the Indonesian rupiah and Malaysian ringgit leading gains, after...Reuters
16 minutes ago
Asia shares up on hopes for US rate cuts, Nvidia a hurdle
SYDNEY, Aug 25 (Reuters) - Asian share markets rose on Monday as investors gave a cautious welcome to the likely resumption of U.S. interest rate cuts, while hoping AI-superstar Nvidia's results this week will help justify the sector's stratospheric valuations.Reuters
36 minutes ago
PRECIOUS-Gold eases off two-week peak as dollar ticks up
Gold hit near two-week high on FridayPowell opened door to September rate cut Asia shares up on hopes for US rate cutsBy Brijesh Patel Aug 25 (Reuters) - Gold slipped from a near two-week high on Monday as the dollar crept higher, although increased expectations of interest rate cuts in the U.S. ...Reuters
42 minutes ago
Barclays, BNP pivot to September Fed rate cut on Powell's labor warning
Aug 24 (Reuters) - Barclays and BNP Paribas expect the U.S. Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated Friday, citing Chair Jerome Powell's shift in tone at Jackson Hole toward rising risks in the labor market.Barclays pulled forward a previ...Reuters
an hour ago
Could Buying Tesla Stock Today Set You Up for Life?
Key PointsTesla's declining automotive sales and margins aren't about Elon Musk. They are more about new entrants taking losses on the sale of electric vehicles to grab market share in the sport utility vehicle (SUV) market.The key to Tesla notching huge returns involves its nascent robotaxi busines...The Motley Fool
an hour ago
Indian contract research firms Divi's and Cohance gain as Jefferies bullish on sector
** India's Divi's Laboratories DIVI.NS and Cohance Lifesciences COHA.NS climb 1% and 3%, respectively** Jefferies says Indian contract research and drug makers have "firehose of opportunities," led by factors such as supply chain diversification beyond China and healthy buildup of mo...Reuters
an hour ago
INDIA STOCKS-IT firms lead Indian shares higher on Fed rate cut hopes
By Vivek Kumar M Aug 25 (Reuters) - Indian shares rose in early trade on Monday, driven by gains in information technology stocks after the U.S. Federal Reserve Chair Jerome Powell hinted at an interest rate cut next month.The Nifty 50 .NSEI and the BSE Sensex .BSESN both rose 0.3% to 24,955.05 a...Reuters
an hour ago
MORNING BID EUROPE-The 'Why' matters for rallies, and rate cuts
Aug 25 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.Asian markets have so far managed a cautious cheer for Fed Chair Jerome Powell's seemingly dovish turn last week, with the Nikkei up and Chinese stocks extending their recent rousing run.Chinese blue chips ...Reuters
an hour ago
Indian IT stocks gain on September Fed rate cut optimism
** IT sub-index .NIFTYIT rises 2.4%, top sectoral gainer; Nifty 50 .NSEI up 0.4%** On Friday, Fed chair Jerome Powell signalled possibility of a September rate cut, saying risks to job market were rising but also noting inflation remained a threat and that a decision wasn't set in stone** Sub-in...Reuters
2 hours ago
India's Yes Bank climbs after SMBC gets nod to buy up to 24.99% in lender
** Indian lender Yes Bank YESB.NS gains as much as 4.8%; last up 2.3% at 19.8 rupees ** Japan's Sumitomo Mitsui Banking Corporation (SMBC) SUMFDS.UL gets Indian central bank nod to buy up to 24.99% of Yes Bank ** SMBC inked deal to buy 20% stake in YESB for $1.6 billion in May; Reuters reported ...Reuters
2 hours ago
Barclays, BNP eye September Fed rate cut
Aug 24 (Reuters) - Barclays and BNP Paribas expect the U.S. Federal Reserve to cut interest rates in September, after Chair Jerome Powell signaled a shift toward an easing bias in a speech at Jackson Hole, the brokerages said in separate notes on Friday.Both brokerages expect Fed to cut rates in Sep...Reuters
2 hours ago
HK Movers | East Buy Shares Plunge as Net Profit Drastically Declines in Fiscal Year 2025
East Buy shares sank 15% in Hong Kong, drawing market attention. This decline in stock price is closely linked to the company's recently released earnings report for fiscal year 2025.According to the report, East Buy's net profit for fiscal year 2025 (ending May 31, 2025) was merely 5.735 million RM...Tiger News
2 hours ago
INDIA STOCKS-India's stock benchmarks open higher on Fed rate cut hopes
Aug 25 (Reuters) - India's equity benchmarks opened higher on Monday tracking gains in other Asian peers after U.S. Federal Reserve Chair Jerome Powell hinted at an interest rate cut next month.The Nifty 50 .NSEI was up 0.28% at 24,939.15 points and the BSE Sensex .BSESN added 0.29% to 81,542.95...Reuters
2 hours ago
Japan's Nikkei climbs a 2nd day, led by tech on Fed rate cut bets
By Rocky Swift TOKYO, Aug 25 (Reuters) - Japan's Nikkei share average rose for a second straight session on Monday, led by tech shares as the domestic market reacted to optimism for looser monetary policy in the United States. The Nikkei 225 Index .N225 rose 0.7% to 42,922.33 at the midday br...Reuters
2 hours ago
Bitcoin Treasury Firm Metaplanet Joins FTSE Japan Index — Can Its Stock Return to Yearly Highs?
On Monday, August 25, shares of Japanese Bitcoin treasury firm Metaplanet (TSE:3350) rebounded sharply, rising 3.35% to JP¥864, following news of its inclusion in the FTSE Japan Index. While the announcement helped halt the recent downtrend, the upside remains limited for now.
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3 hours ago
AI Company Skylark Labs Secures $21 Million Kepler™ AI Traffic Platform Deal in Major Asian Market
New York, NY - August 25, 2025 - (SeaPRwire) - Skylark Labs, an artificial intelligence (AI) company founded by Dr. Amarjot Singh, has announced a landmark $21 million, three-year contract to deploy its Kepler™ platform across 6,000 police systems in a leading Asian nation. For Skylark Labs’ founder and CEO, Dr. Amarjot Singh, the contract represents a significant milestone in the company's mission to deliver adaptive, self-learning solutions that continuously improve without requiring costly retraining or system replacements.The deployment of Kepler™ will transform how traffic enforcement operates by introducing AI systems that demonstrate genuine self-awareness and autonomous learning capabilities. Unlike conventional AI systems that degrade over time and require expensive updates, Kepler™ continuously monitors its performance and adapts in real-time to new traffic patterns, vehicle types, and enforcement scenarios without human intervention or internet connectivity."This contract reflects the direction modern enforcement must take, responsive, predictive, and grounded in real-time data," says Dr. Amarjot Singh.The Kepler™ platform addresses a critical global challenge facing traffic enforcement agencies: the expensive cycle of AI system degradation and replacement. Traditional AI systems work effectively initially but gradually lose accuracy as traffic patterns evolve, requiring cities to invest significant capital in retraining or complete system replacements. Skylark Labs' breakthrough approach eliminates this costly cycle through self-aware AI that improves autonomously over time.Dr. Singh mentions, "Our advantage is that the smart technology works right on the device, which cuts millions in ongoing costs per year for cities and better protects privacy. Every police car becomes a mini-computer that handles traffic monitoring locally. After we set it up, cities spend much less on monthly fees than systems that need constant internet connections."Aside from its cost savings, the deployment of Kepler™ also represents an innovative multi-layered AI architecture. According to Dr. Singh, every patrol car equipped with the Kepler™ platform runs multiple AI models simultaneously. The primary model identifies traffic violations such as speeding, wrong turns, and dangerous driving behaviors, while a secondary layer of monitoring models continuously evaluates system performance and identifies potential knowledge gaps. It watches for signs the system might be missing something new, like a vehicle type it's never seen before or an unusual traffic pattern.When the system detects unfamiliar scenarios, such as new vehicle types or unusual traffic patterns, it automatically adjusts its internal parameters and retrains itself locally using onboard computing resources, so no internet or human engineers are needed.Dr. Andrea Soltoggio, Reader in AI at Loughborough University and DARPA L2M Researcher, shares, “Skylark Labs’ AI knows when it’s unsure and learns immediately. That’s a big deal for traffic systems, where things change constantly. Most AIs break down over time, but this one keeps getting better on its own. It’s built on strong research, and cities can count on traffic AI that stays smart, accurate, and safe without needing constant updates.”Kepler™’s edge-computing architecture provides significant operational advantages, particularly in developing markets with unreliable internet infrastructure. By processing data locally on patrol vehicles and traffic cameras, the Kepler™ platform maintains full functionality even during network outages, ensuring sensitive traffic data remains secure through on-device processing. This approach also dramatically reduces ongoing operational costs compared to cloud-dependent systems that require constant connectivity and generate recurring data transmission fees.The $21 million contract positions Skylark Labs as the growing market leader for adaptive AI solutions in public safety and urban mobility. With multiple similar initiatives already in development across Asia, the company is establishing itself as a key player in delivering next-generation AI systems that meet the demands of modern enforcement agencies while providing sustainable, cost-effective operations.Dr. Singh believes that the adaptation of its self-aware AI technology extends beyond traffic enforcement to any application where conditions change over time. This adaptive AI's potential can transform public safety applications beyond traffic enforcement, including automotive, defense, and even infrastructure. The success of Skylark Labs’ Kepler™ in dynamic, real-world environments demonstrates the viability of AI technologies that evolve autonomously without human intervention or extensive retraining requirements.Please visit Skylark Labs’ website to learn more about the Kepler™ platform and adaptive AI solutions.About Skylark LabsFounded in 2021 by Dr. Amarjot Singh, Skylark Labs develops adaptive artificial intelligence (AI) systems designed to learn, evolve, and operate autonomously in real-world environments. Headquartered in New York City, the company delivers next-generation AI solutions for mobility, public safety, and critical infrastructure applications. Skylark Labs specializes in brain-inspired AI that continuously adapts to new challenges without requiring pre-training or constant connectivity. The company aims to pioneer embodied AI that seamlessly integrates into physical devices while evolving toward true general intelligence.Media ContactCompany: Skylark LabsContact: Dr. Amarjot SinghEmail: amarjot@skylarklabs.aiWebsite: https://skylarklabs.ai/SOURCE: Skylark Labs25/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
3 hours ago
24H | Chinese ADRs Extend Rally. Fangdd up over 8%; KE Holdings up 7%; NIO up 5%; NetEase up 4%; Alibaba up 3%; PDD Holdings up Nearly 2%
Chinese ADRs extended rally in overnight trading. Fangdd up over 8%; KE Holdings up 7%; NIO up 5%; NetEase up 4%; Alibaba up 3%; PDD Holdings up nearly 2%.Asian companies are starting their busiest week for earnings this season, with investors particularly keen to see if Chinese firms will deliver o...Tiger News
3 hours ago
HK Movers | Bloks Plunges 16% Amid Mid-Term Earnings Report Disappointment
Bloks shares tumbled 16.4% in Hong Kong, attracting market attention. This price movement came right after the company released its mid-term earnings report for 2025.According to the company's announcement, Bloks achieved sales revenue of RMB 1.338 billion for the six months ending June 30, 2025, m...Tiger News
4 hours ago
