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South Korea to Launch 24Hour FX Trading and Offshore Won Settlement System

On October 30th, the South Korean Ministry of Economy and Finance announced a major plan to enhance the global accessibility of the Korean won and its

On October 30th, the South Korean Ministry of Economy and Finance announced a major plan to enhance the global accessibility of the Korean won and its financial markets. The reforms include extending the current onshore Foreign Exchange FX market operating hours to a 24hour trading system and introducing an "Offshore KRW Settlement Institution" framework. These measures are designed to attract more foreign investment by removing access barriers that have historically limited the global investment base. The move is a significant step toward achieving developed market status for Koreas FX and capital markets. Read More..

B2B Tech News | 3 days ago        

Airbus Reports Strong 9Month Results, Maintains FullYear Aircraft Delivery Target of 820

Airbus SE reported consolidated financial results on October 30th for the nine months ended September 30, 2025, showcasing strong financial health. Re

Airbus SE reported consolidated financial results on October 30th for the nine months ended September 30, 2025, showcasing strong financial health. Revenues increased by 7% to €47.4 billion, with adjusted EBIT rising sharply by 48% to €4.1 billion, driven by the commercial aircraft divisions execution. The company maintained its crucial fullyear guidance of delivering around 820 commercial aircraft, reflecting confidence in its production rampup despite lingering global supply chain challenges. The aerospace giants performance underscores the ongoing strong global demand for new commercial jets. Read More..

B2B Tech News | 3 days ago        

IMF Warns Global Growth Prospects Remain Dim Amid Protectionism and Policy Volatility

The International Monetary Fund IMF released its latest World Economic Outlook on October 29th, projecting that global growth will slow from 3.3% in 2

The International Monetary Fund IMF released its latest World Economic Outlook on October 29th, projecting that global growth will slow from 3.3% in 2024 to 3.2% in 2025, warning that prospects remain "dim." The report stated that the global economy is adjusting to a landscape marked by increased protectionism and geopolitical fragmentation. The IMF urged policymakers to restore confidence by immediately rebuilding fiscal buffers, maintaining central bank independence, and pairing trade diplomacy with macroeconomic adjustment to mitigate downside risks, including a potential abrupt repricing of tech stocks. Read More..

B2B Tech News | 3 days ago        

Orkla Indias ₹1,667 Crore IPO Opens for Subscription, Targeting ₹10,000 Cr Valuation

The Initial Public Offering IPO of Orkla India Ltd., the Indian packaged food major that owns the popular MTR and Eastern brands, opened for public su

The Initial Public Offering IPO of Orkla India Ltd., the Indian packaged food major that owns the popular MTR and Eastern brands, opened for public subscription on October 29, 2025. The issue is entirely an Offer For Sale OFS of 2.28 crore equity shares, aiming to raise ₹1,667.54 crore at the upper end of the ₹695 to ₹730 price band, valuing the company at roughly ₹10,000 crore. As it is a pure OFS, all proceeds will go to the selling shareholders, including its Norwegian parent Orkla ASA. The company, which reported a 13% rise in profit in FY25, has strong market share in the spices and convenience food segment, driving high investor interest on Day 1. Read More..

B2B Tech News | 3 days ago        

IndiaEU FTA Talks Gain Momentum, Delegations to Finalize Tariff Issues Next Week

The IndiaEuropean Union Free Trade Agreement FTA negotiations saw significant progress on October 29th, following highlevel meetings in Brussels. Comm

The IndiaEuropean Union Free Trade Agreement FTA negotiations saw significant progress on October 29th, following highlevel meetings in Brussels. Commerce Minister Piyush Goyal announced that the gaps in negotiating positions have been "significantly reduced," particularly on contentious industrial tariff issues. A highlevel EU trade delegation is scheduled to visit New Delhi next week to conclude the technical tariff negotiations. Both sides are intensifying efforts to meet a yearend deadline for a "robust and balanced agreement" that aims to boost the multibilliondollar bilateral trade relationship. Read More..

B2B Tech News | 3 days ago        

Capgemini Raises FullYear Revenue Guidance After Strong Q3 Performance Driven by AI and Cloud

French IT consulting giant Capgemini reported betterthanexpected thirdquarter 2025 revenues and, on October 29th, raised its fullyear revenue growth t

French IT consulting giant Capgemini reported betterthanexpected thirdquarter 2025 revenues and, on October 29th, raised its fullyear revenue growth target from a previous range of 1.0% to +1.0% to +2.0% to +2.5% at constant currency. The strong performance was primarily driven by accelerating growth in the North America region and continued high demand for services related to cloud, data, and AI. CEO Aiman Ezzat credited the firms strategic focus on being an AIpowered business and technology partner, enabling clients to focus on efficiency and optimization. Read More..

B2B Tech News | 3 days ago        

UPS Cuts 48,000 Jobs Globally in Massive Cost Reduction and Restructuring Drive

United Parcel Service UPS announced a massive corporate restructuring on October 29th, including the elimination of approximately 48,000 corporate and

United Parcel Service UPS announced a massive corporate restructuring on October 29th, including the elimination of approximately 48,000 corporate and management positions globally. The layoffs are part of an aggressive costsaving initiative aimed at streamlining operations in the face of persistent macroeconomic headwinds, including the lingering impact of Amazons slowdown and various international tariff disputes. The company stated the move is necessary to adjust its operational footprint to match normalized postpandemic ecommerce volumes and prepare for a leaner, more technologydriven logistics future. Read More..

B2B Tech News | 3 days ago        

US and China Reach Preliminary Consensus on Trade Ahead of Crucial TrumpXi Summit

Top economic officials from the US and China concluded a round of intensive trade talks in Kuala Lumpur on October 27th, reaching a preliminary consen

Top economic officials from the US and China concluded a round of intensive trade talks in Kuala Lumpur on October 27th, reaching a preliminary consensus on a framework to deescalate trade tensions. The agreement, which negotiators described as "very substantial," aims to prevent the activation of new 100% US tariffs threatened for November 1st, which were a response to Chinas tightened rare earth export controls. The successful talks pave the way for a crucial bilateral meeting between President Trump and President Xi later in the week at the APEC Summit, where a comprehensive deal to stabilize the $660 billion trade relationship is expected to be finalized. Read More..

B2B Tech News | 3 days ago        



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