Newswire: Feb 12, 2026 5:59 AM EST

Highlights:

• 'Old Economy' Is Hot Again, Propelled by Data and AI Backlash - Transportation and logistics companies are experiencing a rapid rally as investors pivot away from tech sectors. Source

• NSE Hires Rothschild to Help Pick Bankers, Lawyers For India IPO - National Stock Exchange of India has appointed Rothschild & Co. as independent adviser to oversee its initial public offering process. Source

• Thailand Moves to Seize $420 Million Assets Linked to Scammers - Thai authorities plan to confiscate $420 million in assets connected to alleged cyber scam operators as part of intensified crackdown efforts. Source

• India Textiles to Get US Benefits Like Bangladesh, Official Says - India's textile exports to the US will receive the same trade benefits that Washington has extended to Bangladesh, according to Commerce Minister Piyush Goyal. Source

• Makhlouf Says Next ECB Move Could Be Interest-Rate Cut or Hike - ECB Governing Council member Gabriel Makhlouf indicates policymakers' next decision could involve either raising or lowering borrowing costs. Source

• China Economists Urge Looser Capital Controls as Dollar Wobbles - Prominent Chinese economists advocate for relaxing capital movement restrictions, viewing dollar weakness as an opportunity to enhance yuan convertibility and global appeal. Source

• Ukraine Drones Strike Second Lukoil Refinery in Russia This Week - Ukrainian drones targeted another Lukoil refinery in Russia, marking the second such attack this week as energy infrastructure strikes resume. Source