BUSINESS
AI’s electricity demand means cool new tech is coming to boring grids
The biggest bottleneck for utilities to meet that demand isn’t necessarily generating power but delivering it
BUSINESS
Black Swan’s Nassim Taleb warns Nvidia rout 'hint of what’s to come'
Taleb said too many investors have been bidding up prices of AI-related stocks without properly knowing details of how it functions. He described technology firms as “gray swans,” as investors underestimate the deviations in prices that are possible in a day.
BUSINESS
Meta and Microsoft show AI spending can be a double-edged sword
Meta’s spending has long been a focus for investors. The stock sold off by a record 64% in 2022 as CEO Mark Zuckerberg failed to justify funneling billions of dollars into building out the metaverse, a virtual world that failed to catch on with users.
BUSINESS
Why tech’s DeepSeek slump left rest of market historically unscathed
Chinese startup DeepSeek’s latest model shook the belief that only Big Tech with huge budgets can compete in the artificial intelligence field — questioning the investment case that has favored the biggest players with rich valuations
BUSINESS
Chinese quant whiz built DeepSeek in the shadow of a hedge fund rout
DeepSeek, which grew out of High-Flyer, is now threatening to upend the global artificial intelligence supply chain and challenge the seemingly-unassailable US lead in critical frontier AI technologies
WORLD
DeepSeek shows China playbook to deal an even bigger shock to US
President Xi has poured billions of dollars into making a breakthrough in advanced semiconductors, part of his wider Made in China 2025 push to make the nation a leader in emerging technologies
BUSINESS
Japanese PM Ishiba’s BoJ pick would put two women on board for first time
Prime Minister Shigeru Ishiba’s government nominated female economist Junko Koeda to replace Seiji Adachi on the BOJ policy board, according to a statement distributed by a parliamentary committee Tuesday.
BUSINESS
World’s richest people lose $108 billion after DeepSeek selloff
Tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85% of the Bloomberg index’s total decline.
BUSINESS
Japan leads Asia stock losses as AI slide extends
Large technology firms paced declines, with Advantest Corp. sliding as much as 11% in Tokyo and SoftBank Group Corp. slumping 6%.
BUSINESS
DeepSeek’s AI model tests limits of US restrictions on Nvidia chips
On Monday, US lawmakers called on the new administration of President Donald Trump to impose stricter export curbs to keep China from achieving further gains in artificial intelligence.
BUSINESS
Nvidia’s $465 billion DeepSeek rout is largest in market history
The latest AI model of DeepSeek, released last week, is widely seen as competitive with those of OpenAI and Meta Platforms Inc
BUSINESS
Airline amenities grow ever more luxurious for those who can pay
With so many carriers having overhauled their aircraft interiors and premium seats, airlines are now upgrading some of the finer points of their front-cabin services, such as amenity kits and meals.
BUSINESS
JPMorgan names India investment bank leaders as Navin Wadhwani leaves
JPMorgan has elevated Nitin Maheshwari and Ravi Shankar as co-heads of investment banking for India, according to a memo seen by Bloomberg News, the contents of which were confirmed by a spokesperson for the bank.
BUSINESS
Asian stocks up early as tariffs remain in focus
Global markets rebounded last week as fears a global trade war would erupt in the first days of Trump’s presidency were assuaged after the President avoided placing immediate import levies on goods from Mexico, Canada and China.
BUSINESS
Bond traders shift focus to Fed as Trump shadows the outlook
The US central bank is widely expected to hold interest rates steady at the end of its two-day meeting on Wednesday, marking the first pause in the rate-cutting cycle it kicked off in September.
BUSINESS
China boosts index investments in latest bid to revive market
The regulator set a goal of strengthening the asset allocation function of index funds and providing more convenient channels for medium- and long-term funds to enter the market.
BUSINESS
Trump slaps Colombia with 25% tariffs, sanctions in migrant dispute
Trump’s abrupt tariff announcement rattled global markets Monday after investors were lulled into a false sense of security when he refrained last week from immediately imposing tariffs on major trading partners including China.
BUSINESS
Wall Street’s big hope is Donald Trump pulls his punches on immigration
While the Trump administration declared a national emergency at the southern border and started sending deportees back to Central America, it has so far held off on mass deportation
BUSINESS
Apple enlists company veteran Kim Vorrath to help fix AI and Siri
The move helps bolster a team that’s racing to make Apple a leader in AI — an area where it’s fallen behind technology peers.
WORLD
S&P 500 sees best start for a US President since 1985
Equities hovered near all-time highs on Friday, with the S&P 500 climbing about 2% this week
WORLD
Trump’s WHO exit threat triggers hiring freeze, cost cuts
The US withdrawal “has made our financial situation more acute,” WHO Director General Tedros Adhanom Ghebreyesus told staff in an email
BUSINESS
Highest liquidity gap in decade spurs speculation about RBI hand
The RBI has been selling dollars through the past year to support the sliding rupee
BUSINESS
China’s Sany Heavy considering stake sale in India business
The company has held talks with prospective financial advisers as it evaluates a stake sale in Sany Heavy Industry India, people said, asking not to be identified because the process is private.
BUSINESS
Trump says he would ‘rather not’ have to impose tariffs on China
Trump has wielded tariffs as a frequent threat against friends and adversaries, and for the US promised additional revenue from them would help fund his domestic priorities.
