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
WORLD
Starmer says sorry to Epstein victims over Mandelson scandal
“I am sorry. Sorry for what was done to you. Sorry that so many people with power failed you. Sorry for having believed Mandelson’s lies and appointed him,” Starmer said
BUSINESS
Bank of England holds interest rates amid calls for faster cuts
Governor Andrew Bailey was once again the swing voter, choosing to leave rates unchanged this month having cut at the last meeting in December.
CRYPTOCURRENCY
Bitcoin falls below $70,000 as market faces a 'crisis of faith'
Bitcoin is hovering around the lowest levels since Donald Trump’s election win in November 2024.
BANKING
Hiring spree at Kotak Mahindra Bank means jobs for 500 engineers
India’s banking sector is ramping up investments in tech amid steady growth in deposits and buoyant credit activity
BUSINESS
Debate over teen social media use grows in key tech market India
Any move to limit access to platforms in India would be a blow to the likes of Meta's Instagram and Facebook, Snap's Snapchat, Elon Musk’s X and more
