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Gold’s surge past US$4,000 an ounce has drawn strong support from billionaire Ray Dalio, who recommends holding about 15% of portfolios in gold as a hedge against credit risk. Amid a robust 2025 rally and economic uncertainty, Dalio views gold as both a structural safeguard and a timely investment opportunity.
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India’s defence sector is poised for a significant transformation with the 2025 Procurement Manual, boosting domestic production and encouraging MSMEs and startups. With substantial allocations for smaller platforms and a surge in domestic procurement, the industry is experiencing robust growth.
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Vietnam’s State Treasury successfully raised over 6.12 trillion dong in government bonds, a significant increase from the previous week, with a much higher uptake. This auction boosts the year’s total bond sales, crucial for funding public investments and driving economic growth. Higher coupon rates were offered for 5 and 10-year bonds, while 15 and 30-year bonds saw mixed results.
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Angola has successfully raised 1.75 billion dollars through a Eurobond issue. This marks the nation’s return to international capital markets. Investor demand for the bonds reached 6 billion dollars. The country issued a 1 billion dollar five-year bond and a 750 million dollar ten-year bond. This borrowing occurred under favourable market conditions.
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Tata Motors shares have dropped 6.8% in four sessions to ₹689.3 on the BSE, falling below ₹700 as investors await the record date for its demerger next week. The decline reflects concerns over the separation of commercial and passenger vehicle businesses and the phased restart of Jaguar Land Rover (JLR) production following a September cyberattack.
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