WORLD
Apple readies dramatic software overhaul for iPhone, iPad and Mac
Apple is betting that a breakthrough new interface can help spur demand after a sluggish stretch. Its revenue slowed following a pandemic-era surge in technology spending, and growth is only returning gradually. Apple’s iPhone — its biggest moneymaker — suffered a surprise dip in sales during the most recent holiday season.
MARKETS
Nasdaq 100 slumps 3% as growth fears lift bonds; 'magnificent seven' sink 5%
As if things weren’t jittery enough, a plunge in the S&P 500’s most influential group — big tech — weighed heavily on trading amid a rotation into defensive shares
BUSINESS
Tesla is flailing in China and BYD’s rapid rise is to blame
Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis
WORLD
Trump-Israel tensions begin to surface over Gaza hostage talks
As details emerged about talks between Adam Boehler, the US envoy for hostages, and a top Hamas representative, Israeli leaders quietly expressed their displeasure, saying Hamas is a terrorist organization whose words can’t be trusted or taken at face value
WORLD
North Korea fires missiles as US, South Korea begin joint drills
At least two missiles were launched from the Hwanghae Province in the North’s west, South Korea’s Joint Chiefs of Staff said.
BUSINESS
Mumbai Ring Road Project gets $2.5 billion funding commitments
The new road, part of an ambitious infrastructure makeover of the world’s densest metropolitan region, is intended to reduce traffic congestion near Mumbai and improve road quality.
BUSINESS
Asian equities poised for weak open, futures drop
In Asia, China’s consumer inflation dropped far more than expected to fall below zero for the first time in 13 months as deflationary pressures persisted in the economy.
WORLD
Trump company sues ‘woke’ Capital One for canceling accounts
Trump’s company is seeking a court order holding that Capital One canceled the accounts in violation of state consumer protection and consumer fraud laws
INDIA
Howard Lutnick sees US-India deal covering tariffs, weapons and dollar
The comments come as US President Donald Trump has indicated India could be among nations hit with reciprocal duties, which Lutnick has stressed will start April 2. Trump criticized India’s high tariffs on Thursday, calling the upcoming like-for-like duties “the big one.”
WORLD
Russian President Vladimir Putin ready to agree to Ukraine truce with conditions
The details emerged as the US and Ukraine plan to meet in Saudi Arabia next week for their first direct talks since Trump’s Oval Office bust-up with President Volodymyr Zelenskyy last week.
WORLD
Nasdaq joins exchanges seeking to offer round-the-clock trading
The second-largest US exchange operator plans to enable the extended trading five days a week, according to Nasdaq President Tal Cohen. It expects to start round-the-clock trading in the second half of 2026, pending regulatory approval and alignment with the rest of the industry, Cohen said in a post on LinkedIn.
BUSINESS
Nippon Life is said to consider buying stake in IndusInd Bank
Nippon Life Insurance Co.’s India unit is considering buying a minority stake in IndusInd Bank Ltd. with the aim of using the lender’s network to expand sales of its insurance products.
BUSINESS
Alibaba’s Sudden ADR Discount Shows Fear of US-China Decoupling
On Friday, Alibaba’s Hong Kong-listed shares edged lower, erasing a gain of as much as 3.6% in Hong Kong. Still, its stock has rallied around 80% since a January low.
BUSINESS
Blackstone-backed trust files for India’s largest REIT IPO
The REIT, backed by Blackstone Inc. and Sattva Developers Pvt., has offices in key Indian cities including Bengaluru, Mumbai, Hyderabad and Chennai.
INDIA
Trump slams India’s ‘very high’ tariffs as PM Modi seeks reprieve
India is expected to be hit hard by the like-for-like duties given the high tariffs it charges when compared with the US
WORLD
China touts policy space in shielding economy from trade war
The central government has ample fiscal policy tools and space to respond to possible domestic and external challenges, Chinese Finance Minister Lan Fo’an said
WORLD
China had record $540 billion of exports in rush to beat tariffs
The figures offered a glimpse into how the world’s largest trading nation has fared since Donald Trump started raising tariffs on Chinese goods.
MARKETS
China’s top tech stocks are soaring while the ‘Mag Seven’ sink
An equal-weighted basket of China’s seven tech heavyweights — dubbed the '7 titans' by Societe Generale SA — has gained more than 40% this year
WORLD
China vows to uphold stability as Trump reshapes world order
China “brought much needed stability to a changing and turbulent world,” Foreign Minister Wang Yi said at an annual press briefing in Beijing on Friday
WORLD
Bitcoin sinks after Trump’s executive order disappoints market
Bitcoin and other tokens fell as Sacks said that taxpayer money would not be spent to acquire cryptocurrencies for either.
WORLD
SpaceX loses second Starship rocket in less than two months
A few minutes after blasting off on Thursday from south Texas, the rocket’s two portions split apart as planned
WORLD
Trump delays Canada, Mexico tariffs for goods under trade pact
Trump signed orders Thursday paring back the tariffs, which are related to illegal immigration and fentanyl trafficking, until April 2
WORLD
Asian stocks, bitcoin drop on souring sentiment
Shares in Australia, Japan and South Korea all fell with benchmarks sliding more than 1%. An index of US-listed Chinese companies outperformed Wall Street on Thursday
WORLD
Canada, Mexico currencies rally on signs of tariff relief
Both currencies jumped to session highs on the comments, extending a three-day gain amid a broad slump in the greenback. The loonie rose as much as 0.5%, while the peso climbed 1%.
