WORLD
Donald Trump, Volodymyr Zelenskiy devolve into bickering before deal signing
WORLD
China abruptly replaces tech czar behind AI and chip push
Jin Zhuanglong, a 60-year-old aerospace expert, is no longer listed as party secretary of the Ministry of Industries and Information Technology, after he disappeared from public view last December fueling speculation about his position.
BUSINESS
China vows ‘all necessary measures’ against new US tariffs
Beijing’s reaction came hours after Trump announced an additional 10% tariff would take effect March 4
MARKETS
Investors want new Sebi chief Tuhin Kanta Pandey to keep things simple
New Delhi late on Thursday appointed Tuhin Kanta Pandey, the top bureaucrat in its Finance Ministry, to head the Securities and Exchange Board of India
WORLD
Trump piles pressure on Xi with latest threat to raise tariffs
Trump said Thursday in a social media post that China will be charged an additional 10% tariff on March 4
CRYPTOCURRENCY
Bitcoin down 25% from all-time high as crypto selloff deepens
The coin was down 2.8% at $81,919.70 at 9:39 a.m. in Singapore, after hitting its lowest level since November 11
ECONOMY
India economy’s recovery likely clouded by trade risks ahead
Data due Friday will likely show gross domestic product grew 6.2% in the three months to December, according to a median estimate of economists surveyed by Bloomberg
MARKETS
Asian shares echo US drop as tariffs sap sentiment
Shares in Australia and Japan fell while benchmarks in China and Hong Kong opened lower after the S&P 500 lost 1.6% Thursday, erasing its gains for the year
BUSINESS
India weighs tariff cuts on cars, chemicals as Trump duties loom
Officials in New Delhi are discussing reducing duties for automobiles, some agricultural products, chemicals, critical pharmaceuticals, as well as certain medical devices and electronics, the people said, asking not to be identified as the plans aren’t finalized.
BUSINESS
In an unusual pattern, Nifty 50 moves in sync with volatility index for days
Smaller and mid-cap shares have tumbled more than the broader market since the Sept. 26 high, with Nifty gauges tracking them down more than 18%. While investors have so far remained largely bearish, some firms have turned positive recently.
BUSINESS
StanChart chosen as dollar settlement bank at GIFT City
Banks having units in the GIFT City have been asked to set up trading accounts with the British bank, said the people, who asked not to be identified as discussions are private.
BUSINESS
Mercedes set to cut jobs in China as local competition heats up
It’s unclear whether the move will affect the automaker’s local head office or the production units it runs through joint ventures with Chinese firms.
WORLD
YouTube star MrBeast is raising money at a $5 billion valuation
The most popular creator on YouTube has spoken with several financial firms and wealthy individuals about investing
WORLD
Nissan prepares to replace CEO after Honda deal falls apart
Nissan directors are gauging interest in potential candidates to succeed Makoto Uchida, the 22-year company veteran who’s been CEO since late 2019
WORLD
Israel, Hamas say hostage and prisoner swap to go ahead
The exchange is the last of nine agreed to under the terms of a 42-day pause in hostilities brokered by Qatar, Egypt and the US in January
BUSINESS
Nvidia gives ‘underwhelming’ report after two years of blowouts
The stock had been down 2.2% this year, following stratospheric gains in 2023 and 2024 that turned Nvidia into the world’s most valuable chipmaker
WORLD
Asian equities in tight range after Nvidia underwhelms
Shares in Australia rose while Japan was steady. Hong Kong equity index futures pointed to a lower open while contracts for the S&P 500 and Nasdaq 100 were little changed in early Asian trade
WORLD
China takes tougher tone on Taiwan, announces military drills
President Xi Jinping has previously declared China's unification with Taiwan "can without a doubt be realized", but the new language on molding that process suggests Beijing will take a more proactive approach.
BUSINESS
Singapore Tycoon Kwek accuses son of boardroom coup attempt
The billionaire Kwek, 84, said in a statement that he had sought to dismiss his son, Sherman Kwek, from the CEO position earlier in February due to what he alleged were “serious lapses of corporate governance.” Leng Beng said Sherman had consolidated control of the company’s board, which prevented the firing.
WORLD
EU to seek India’s help to enforce sanctions on Russia
No major announcements are expected during the EU visit on Thursday and Friday, but the two sides will try to put together a framework to set the agenda for an India-EU summit scheduled for later in the year, the official said.
BUSINESS
Noodle maker Nissin plans big investments, eyes pickup in demand
Nissin Foods expects continued demand for cheap precooked noodles even as the industry works to shed its image of being an unhealthy staple, President and CEO Koki Ando said in an interview on the sidelines of the World Instant Noodles Association summit in Manila on Wednesday.
WORLD
The UK can’t approach Trump like France and Germany have
Starmer has to do better than Macron and Merz when dealing with the US president
BUSINESS
China to start bank recapitalization with at least $55 billion
Authorities are looking to inject at least 400 billion yuan ($55 billion) of fresh capital into the first batch of banks.
WORLD
Trump envoy Witkoff says developers will convene on Gaza future
Trump's Middle East special envoy Witkoff said a summit will soon be held where developers will convene to discuss the administration's Gaza plans.
