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%.
WORLD
Trump likely to defer most tariffs on Canada, Mexico: Commerce Secretary Lutnick
Trump will decide Thursday on the scope of a one-month exemption on 25% tariffs imposed this month, Lutnick said in an interview with CNBC. “I think it’s likely it will cover all USMCA-compliant goods and services,” he said.
BUSINESS
Google tests new AI Mode to handle more complicated queries
AI Mode comes almost a year after the company introduced generative AI to its main search engine with a product known as AI Overviews, which uses AI to answer users’ questions directly for some queries, above Google’s usual list of links.
INDIA
India sees US relations at ‘best’ despite looming tariff threat
India’s trade minister is holding conversations with his US counterparts, the minister said
BUSINESS
Blackstone taps Citigroup to raise $200 million for Kolkata's South City Mall
Blackstone, which has deployed $20 billion in office space and hotels in India, is nearing a deal to acquire South City Mall for as much as $400 million.
WORLD
Republicans warn Elon Musk DOGE cuts at risk without US Congress
Several Republicans have expressed frustrations that Musk, a special government employee, isn’t communicating with Congress on his team’s plans.
WORLD
China’s fuel production cuts could undermine global oil demand
The country’s top economic planner wants the industry to cut production of refined petroleum products and increase output of chemicals
MARKETS
Indian bonds overlook global debt selloff as RBI opens cash tap
The Reserve Bank of India will buy Rs 1 trillion ($11.5 billion) of bonds in two equal tranches on March 12 and 18
