World economy

• CNBC's Inside India newsletter: India's $3.3 trillion opportunity for global fund houses - Indian retail investor-driven mutual fund assets are expected to touch $3.3 trillion by 2035, according to a Bain & Company report.
• Delivery Hero stock jumps 6% as food delivery giant mulls strategy; European shares mixed - European stocks were mixed on Wednesday as global investors gear up for the U.S. Federal Reserve's interest rate decision.
• CNBC's The China Connection newsletter: U.S.-China AI talent race heats up - The author of "Chip War" is worried about the U.S. losing its advantage over China in artificial intelligence talent.
• Trump trade war shift away from Chinese manufacturing has reached tipping point - A long-term supply chain shift pulls the rest of Asia even with manufacturing giant China, but for importers, a short-term cash crunch from tariffs is looming.
• CNBC's Inside India newsletter: How a government app in India triggered a backlash over internet freedom - The Indian government asked phone manufacturers to preload a state-run cybersecurity app with no option to disable it, drawing a public backlash.
• Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data - The ADP report is the last jobs picture the Federal Reserve gets before it meets Dec. 9-10. Markets are now pricing in an 89% chance of a cut.
• CNBC's The China Connection newsletter: Three economic flashpoints for 2026 - China's top leaders are expected to discuss economic plans for the year ahead during an annual meeting next week.
• European stocks set for positive open as global markets push higher - European stocks are expected to open in positive territory on Wednesday as global markets move higher.
• South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15% - Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the broader stock market down.
• India's industrial output grew just 0.4% in October, missing estimates - India's industrial output suffered due to weak manufacturing output and mining activity, low electricity consumption.