WORLD
Trump says Fed pick Warsh can get economy to hit 15% growth
Trump, speaking in an interview with Fox Business, said Warsh was the 'runner up' in his last search and that it was a big mistake to pick Fed chair Jerome Powell
BUSINESS
Memory chip crunch ripples through markets, with worse to come
Companies from game console maker Nintendo Co. and big PC brands to Apple Inc. suppliers are seeing shares slump on profitability concerns.
BUSINESS
Gold retreats as market volatility persists after historic rout
The metal has declined about 10% since hitting its all-time peak on Jan. 29, but is still firmly higher this year.
BUSINESS
Asian stocks extend rally to record, gold falls
The MSCI Asia Pacific Index rose 0.5% to another record, while Japan’s Nikkei 225 Index extended its election-fueled rally, gaining 1.8% to an all-time high.
COMPANIES
Asics sees boom in running shoes for India’s healthy and wealthy
Recreational running is booming across the South Asian nation, driven by an increased focus on fitness in India’s growing ranks of affluent consumers
TECHNOLOGY
Why overseas experience no longer guarantees startup success in India
While overseas experience has proven invaluable in other economies, it appeared to play a diminished role in India’s contemporary tech ecosystem.
WORLD
Thailand’s royalists set for surprise election victory as progressives push fails
The pro-democracy People’s Party, which had been leading in the pre-poll surveys, was on track for 115.
BUSINESS
Bitcoin steadies above $70,000 after wild roller-coaster ride
The relative calm was in stark contrast to last week’s wild swings that saw Bitcoin on Thursday plunge to $60,033, its lowest since October 2024, before rallying back above $70,000 on Friday.
BUSINESS
Gold advances above $5,000 as dip-buyers return to choppy market
Despite a week of choppy trading since the historic rout, gold has recovered around half of its losses.
MARKETS
Japan stocks cheer Takaichi win as yen moves away from danger
The Nikkei 225 Stock Average surged more 5% and the Topix gained around 3%. The yen climbed 0.6% to 156.28 against the dollar.
WORLD
Scott Bessent sees ‘unruly’ Chinese trading behind gold price swings
Scott Bessent was responding to a question about a record-breaking rally in precious metals — fueled by speculative buying, geopolitical turmoil and concern about the Federal Reserve’s independence
WORLD
Takaichi win primes Japan stocks for gains, dampens yen and bonds
Exit polls suggest the LDP is set to win a majority, with public broadcaster NHK forecasting the ruling coalition may take two-thirds of the seats, a result that many investors had positioned for in recent weeks.
WORLD
Russia turns to India, Sri Lanka for way out of its labour crisis
Russia estimates the economy needs 11 million more laborers by the end of the decade.
WORLD
Jack Dorsey’s Block cutting up to 10% of staff in efficiency push
The company had fewer than 11,000 employees as of late-November, an executive said at the time.
WORLD
Washington Post CEO quits after cuts that led to Bezos backlash
Jeff D’Onofrio, a former Tumblr Inc. CEO who joined the Post last year as chief financial officer, is taking over as acting publisher and CEO effective immediately, the company said in a statement.
BUSINESS
India seeks to tax Jane Street’s profits: Report
Jane Street, which made nearly $7 billion in trading revenue in the third quarter, traded equities, stock futures and index options in India after it began operations following the pandemic.
BUSINESS
Trump removes India’s 25% Russia-related tariff after deal
India’s purchases of Russian oil have been a major point of discussion in trade talks between Washington and New Delhi.
BUSINESS
Nvidia-led boom to turn chips into trillion-dollar industry
Total industry sales were $791.7 billion in 2025 and are forecast to chalk up another 26% surge in 2026. On a regional basis, Asia-Pacific, the Americas, Europe and China posted growth, with only Japan declining.
BUSINESS
S&P 500, Nasdaq 100 jump more than 1% as tech-stock rout eases
Amazon shares plunged 7.0% on Friday, with the company announcing plans to spend $200 billion this year on data centers, chips and other equipment.
BANKING
Indian bonds decline as RBI refrains from fresh debt purchases
Lack of RBI buying may pile further pressure on bonds to extend losses as it has been a key source of demand in recent months, analysts said.
BUSINESS
Bitcoin bounces near $60,000 after 50% retreat from October peak
The original cryptocurrency fell as much as 4.8% to a fresh low of $60,033 on Friday morning, according to data compiled by Bloomberg
WORLD
AI race sends Big Tech’s capital spending to stratospheric high
The spending planned by Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Microsoft Corp., all in pursuit of dominance in the still-nascent market for AI tools, is a boom without a parallel this century
BUSINESS
Silver extends plunge, wiping out gains in very volatile market
Spot silver tumbled to as low as $64 an ounce in early Asian trading
MARKETS
Asia stock selloff extends as tech, silver rout worsens
Asian shares fell as much as 1.1% after Wall Street gauges declined, with the Nasdaq 100 suffering its worst three-day rout since April’s meltdown
