Fed MUSALEM said if the public understands the framework, private-sector expectations will align with the Fed's policy intent, improving the inflation-employment trade-off.

India’s IPO market is tracking a third consecutive strong year as a wave of listings pushed July–September proceeds above $9 bln, a quarterly record, and lifted year-to-date IPO proceeds past $13 bln, with several large deals among the highlights, institutional data show. Morgan Stanley’s head of global capital markets for India and Southeast Asia, Samarth Jagnani, said market volatility could shift the timing of individual transactions but the fundamental drivers of activity remain intact.

JP Morgan's head of Asia Pacific alternatives institutional client strategy Charles Wu said at the SuperReturn conference in Singapore on Wednesday that foreign investors are increasingly financing North American AI compute infrastructure. He said investors from Asia and the Gulf — including foreign banks, pension funds, sovereign wealth funds and insurers — are key funding sources; AI industry capex is approaching $1 trillion, and compute assets for model training remain concentrated in North America, with capital provision across banks and asset managers becoming more global.