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Crypto’s riskiest coins plummet to lows not seen since Covid

BUSINESS

Crypto’s riskiest coins plummet to lows not seen since Covid

The low-point came as Bitcoin, the largest cryptocurrency, erased what was until recently a 30% year-to-date gain, just weeks after setting an all-time high

Glut-haunted oil markets get lifeline from India, China buying

INDIA

Glut-haunted oil markets get lifeline from India, China buying

Global benchmark Brent has sunk 15% this year, making it one of the worst performing major commodities

China escalates Japan spat with threats of economic reprisal

WORLD

China escalates Japan spat with threats of economic reprisal

The diplomatic crisis risks unraveling recent progress in bilateral ties, a few weeks after Takaichi met with Chinese President Xi Jinping and agreed to improve relations

Bitcoin humbles Wall Street faithful after $600 billion plunge

BUSINESS

Bitcoin humbles Wall Street faithful after $600 billion plunge

After topping $126,000 in October, Bitcoin has fallen sharply, briefly wiping out its 2025 gains before stabilizing on Monday morning in Asia

Trump visa crackdown triggers drop in international student enrollment in US

WORLD

Trump visa crackdown triggers drop in international student enrollment in US

The number of foreign students starting college for the first time decreased 17% this semester

Nomura said to probe if profits inflated at India bond desk

MARKETS

Nomura said to probe if profits inflated at India bond desk

Trading volumes in Strips jumped to Rs 2.47 lakh crore ($28 billion) in the year ended March 31, more than six times higher than five years ago

Trump says he’d back bill to sanction Russia’s trading partners

WORLD

Trump says he’d back bill to sanction Russia’s trading partners

The bill would allow Trump to impose tariffs of up to 500% on imports from countries that buy Russian energy products and are not actively supporting Ukraine

Bitcoin erases year’s gain as crypto bear market deepens

BUSINESS

Bitcoin erases year’s gain as crypto bear market deepens

The dominant cryptocurrency fell below $93,714 on Sunday, pushing the price beneath the closing level reached at the end of last year, when financial markets were rallying following President Donald Trump’s election victory.

Asian stocks have cautious start, bitcoin in focus

BUSINESS

Asian stocks have cautious start, bitcoin in focus

Japan edged lower along with Australia, while South Korean equities rose. The yen held steady after Japan’s economy contracted for the first time in six quarters.

Scott Bessent says Donald Trump’s $2,000 checks would need Congressional vote

WORLD

Scott Bessent says Donald Trump’s $2,000 checks would need Congressional vote

Trump, who has touted the billions raised in US tariff revenue this year, has talked about the checks as public frustration mounts over the cost of living

Marjorie Greene says Trump’s GOP ‘traitor’ label puts her life in danger

WORLD

Marjorie Greene says Trump’s GOP ‘traitor’ label puts her life in danger

Trump called Greene a traitor and “a disgrace” to her party in a social post on Saturday

Switzerland defends role of executives in securing US trade deal

WORLD

Switzerland defends role of executives in securing US trade deal

Some political parties, including the Greens, had questioned the agreement, in particular the involvement of billionaire Swiss executives

Trump likely to sell F-35 fighters to Saudis, US official says

WORLD

Trump likely to sell F-35 fighters to Saudis, US official says

The sale of F-35s, if completed, would be a major concession to Saudi Arabia as Washington and Riyadh look to deepen their ties and as Trump presses the country to join the Abraham Accords and normalize relations with Israel.

Thailand says US trade talks separated from Cambodia border deal

BUSINESS

Thailand says US trade talks separated from Cambodia border deal

Washington had earlier moved to halt trade negotiations pending Thai compliance over the peace declaration with Cambodia signed last month.

Trump buys another $82 million of corporate and municipal bonds

BUSINESS

Trump buys another $82 million of corporate and municipal bonds

New disclosures show that Trump’s purchases of at least $82 million include bonds from Netflix Inc., UnitedHealth Group Inc., Boeing Co., Meta Platforms Inc., Home Depot Inc., Broadcom Inc. and Intel Corp., of which the US government acquired a stake under his administration

Google to lift India data hub plan above $15 billion, says Chandrababu Naidu

BUSINESS

Google to lift India data hub plan above $15 billion, says Chandrababu Naidu

CM Naidu said the US-based company’s plans to build a data center in the state is “to start with.”

IITs see opportunity in Trump’s H-1B curbs

INDIA

IITs see opportunity in Trump’s H-1B curbs

For decades, graduates of the IITs — which accept fewer than 2% of those who apply — have flocked to the US to work in lucrative sectors from finance to technology.

Bitcoin is on the verge of erasing year's gain as rout deepens

CRYPTOCURRENCY

Bitcoin is on the verge of erasing year's gain as rout deepens

The largest digital-asset is on the verge of wiping out its gains for the year, dropping as much as 4.7% to $94,147. Bitcoin traded at a record high of $126,251 in early October. It ended 2024 at $93,714.

S&P 500 gets tech lift, but Fed anxiety lingers

MARKETS

S&P 500 gets tech lift, but Fed anxiety lingers

The relief brought by the end of the longest shutdown in American history quickly gave way to market swings after a host of Fed speakers threw cold water on bets for further policy easing

Tata Motors' luxury unit Jaguar Land Rover cuts margin outlook for FY26

BUSINESS

Tata Motors' luxury unit Jaguar Land Rover cuts margin outlook for FY26

The Range Rover maker said Friday its profit margin for the full year could now be entirely wiped out, having previously targeted as high as 7%

Bitcoin's bear market deepens as ETF investors yank $870 million

BUSINESS

Bitcoin's bear market deepens as ETF investors yank $870 million

Bitcoin: The largest digital-asset sank as much as 2.8% to below $96,000 on Friday before paring losses, leaving it more than 20% below a record high reached in early October.

China and US still to agree on rare earth deal weeks after talks

WORLD

China and US still to agree on rare earth deal weeks after talks

The lack of clarity has left rare-earth exporters in limbo

SBI chief backs fresh wave of bank mergers to boost scale and growth

BANKING

SBI chief backs fresh wave of bank mergers to boost scale and growth

SBI, which is 55%-owned by the government, is seeing signs of an industry-wide revival of capital spending by corporates but pricing for loans is becoming tighter.

Centre prepares to list Solar Energy Corporation of India

IPO

Centre prepares to list Solar Energy Corporation of India

SECI, one of four government companies tasked with rolling out renewables in the country, has helped build about 30 gigawatts of wind and solar projects

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