BUSINESS
Payments processor Stripe expresses interest in PayPal
Founded in the late 1990s, PayPal was an early mover in digital payments. It has since struggled with modernizing its payment technologies as rivals such as Apple Inc. and Alphabet Inc. have seized market share.
BUSINESS
AI spurs biggest foreign buying of Taiwan stocks in 20 years
Overseas investors bought a net $2.77 billion of Taiwan equities on Tuesday, the most since December 2005, according to data compiled by Bloomberg.
WORLD
US warns Anthropic to allow unrestricted use of AI by military
The ultimatum marks an escalation in a growing dispute between the Defense Department and the AI startup over the company’s insistence on guardrails for use of its Claude AI tool that the military sees as unnecessary.
BUSINESS
Asian stocks rise after tech-led rebound in US
Shares opened higher in Japan, South Korea and Australia, helping the MSCI Asia Pacific Index extend its advance to a third day.
WORLD
Arnault tightens grip on LVMH as his stake crosses the 50% mark
Arnault’s family raised its stake in LVMH Moët Hennessy Louis Vuitton SE to 50.01%, up from 49.77% at the end of last year, the company said
WORLD
Apple investors approve executive pay, reject China proposal
The iPhone maker shared the results on Tuesday during its annual meeting of shareholders, which was held virtually
COMPANIES
Jindal lines up $1 billion loan in boost for slow market
As part of the financing, Jindal Power Ltd. has already signed an eight-year loan for about $500 million with lenders including India’s Axis Bank Ltd. and ICICI Bank Ltd
WORLD
S&P 500 rebounds as Anthropic’s update tempers AI concerns
The S&P 500 Index was up 0.6% at 11:04 a.m. in New York, with seven of 11 sectors in the green, led by consumer discretionary and information-technology stocks
IPO
Sify Infinit is said to seek $4.2 billion valuation in India IPO
The unit of Nasdaq-listed Sify Technologies Ltd. has begun investor meetings to raise Rs 3,700 crore through a share sale in mid-March
BUSINESS
Anthropic kicks off share sale for staffers of up to $6 billion
The company has lined up $5 billion to $6 billion for the share sale, but the final amount will depend on how many eligible Anthropic employees opt to sell
BUSINESS
Asian stocks follow US lower, China set to return
The MSCI Asia Pacific Index edged down 0.2%, with shares in South Korea — a bellwether for AI investments — falling 0.5%.
WORLD
Russian oil most discounted since 2023 on western sanctions
The average discount of Urals oil from the country’s western ports ballooned to $30.62 below the global benchmark Dated Brent on Friday
WORLD
Xi gains leverage before Trump summit after tariff reversal
Weeks before Trump lands in Beijing on March 31, the first trip by an American president since his last visit in 2017, the Supreme Court invalidated his broad emergency tariffs — a key point of leverage over China
BUSINESS
India sees more options on US trade deal after tariff ruling
New Delhi is not considering backing away from a bilateral trade agreement with the US struck earlier this month
WORLD
The biggest loser from Trump’s new tariffs could be Britain
Britain had enjoyed a relatively lower reciprocal tariff rate at 10% compared with other countries — giving it a competitive advantage
MARKETS
Alarmed officials race to tame world-beating India options boom
There is growing urgency in New Delhi after the RBI warned that excessive leverage may spark a market shock threatening household finances
BUSINESS
Carlsberg said to begin $700 million IPO process for India unit
The offering is expected to consist of a secondary share sale by the parent company and could take place later this year
BUSINESS
Indian infrastructure lender secures $125 million loan from HSBC
HSBC has approved a dollar-denominated, five-year debt facility for NaBFID, priced over the secured overnight financing rate
BUSINESS
Bitcoin falls below $65,000 in latest bout of tariff uncertainty
Bitcoin earlier this month wiped out the remaining gains it had seen since Trump won re-election in November 2024.
BUSINESS
India, China among winners as US Supreme Court blocks Trump tariffs
China, India and Brazil are among those now seeing lower tariff rates for shipments to the US after the court ruled Trump’s use of the International Emergency Economic Powers Act to impose duties was illegal
WORLD
World leaders scope out US’ next steps after tariff ruling
In its 6-3 decision handed down on Feb 20, the US Supreme Court ruled that Trump’s use of a decades-old federal emergency-powers law to impose his so-called reciprocal tariffs was unlawful
WORLD
Trump pulls endorsement of Colorado Republican over tariff votes
Trump is instead endorsing Hope Scheppelman, a critical care nurse and Navy veteran who previously served as vice chair of the state Republican Party
WORLD
Here’s how governments are reacting after Trump’s tariff changes
India said it is studying the implications of the judgment and the subsequent steps announced by the Trump administration
BUSINESS
China defies global 'AI scare trade' as investors chase winners
One key reason for the divergence in investor focus is China’s relatively insulated competitive landscape, where regulatory constraints and geopolitical tensions limit foreign participation by AI-related companies.
