Newswire: Feb 12, 2026 12:59 AM EST

Highlights:

• China Bans Below-Cost Car Sales to End Prolonged Price War - China has banned carmakers from pricing vehicles below cost to address the persistent price war in the world's largest auto market. Source

• GQG Holds Over $24 Billion in India as 'Perfect Storm' for Stocks Eases - GQG Partners maintains $24 billion in Indian investments despite steep underperformance, betting on banks to lead an earnings recovery. Source

• Toyota Delays Deadline for $35 Billion Deal Opposed by Elliott - Toyota extended the tender period for its bid to privatize a key unit as it faces opposition from Elliott Investment Management. Source

• Omani Stocks Head for Best Week Since 2014 on Bid for EM Status - Omani stocks are heading for their best week in over a decade amid optimism about the Gulf bourse's push for emerging market classification. Source

• Lubin on Crypto Market Outlook - Consensys CEO Joe Lubin discusses crypto markets, stating Bitcoin shouldn't act as a safe haven while in a startup ecosystem and sees more functional demand for ether. Source