BUSINESS
Nvidia gets US licence for small amount of H200 exports to China
The leading maker of artificial intelligence accelerators said that the US government granted it a licence for H200 shipments, subject to inspection in the US and a 25% duty
ARTIFICIAL-INTELLIGENCE
AI threat signals investors should shift bets to builders — not coders, says UBS Wealth CIO
The move comes as the tech-led stock rally has all but stalled since late October
WORLD
US stocks rise as AI trade faces Nvidia earnings test
Nasdaq 100 futures advanced 0.5% after Tuesday’s rally in beaten-down software firms, while those for the S&P 500 climbed 0.3%
MARKETS
India’s bond bankers push SEBI for more funding flexibility
The intermediaries known as merchant bankers in India say the move would give them more financial flexibility to underwrite debt issuances
COMPANIES
Billionaire-backed Zoho plans more Mideast, Africa data centers
The firm has appointed Equinix Inc. to set up facilities in the UAE and has started discussions for centers in Saudi Arabia and South Africa
WORLD
Singapore banks draw $61 billion in new wealth from Asia’s rich
The inflows came amid conflicts in Europe and the Middle East, strained US-China ties and uneven growth in China that have unsettled regional investors.
BUSINESS
Bagmane REIT is said to seek $3.9 billion valuation in India IPO
The Bengaluru-based real estate developer has secured regulatory approval and begun investor roadshows
BUSINESS
South Korea’s massive $2.2 trillion rally takes it past France amid AI boom
The Asian nation’s stock market climbed to a valuation of $3.76 trillion, after adding roughly $2.23 trillion since the start of 2025
WORLD
Trump pledges new retirement savings plan for workers without 401(k)s
The new 401(k)-type plan would be modeled after the low-fee federal Thrift Savings Plan, or TSP, to remedy what Trump termed “the gross disparity” between the roughly 50% of the population who have access to workplace retirement savings plans and those who do not.
BUSINESS
Anthropic shout-out makes Thomson Reuters latest AI winner
Shares of the financial services company soared as much as 14%, notching the biggest intraday gain in 26 years, after its AI tool for lawyers, CoCounsel, was touted on stage at an Anthropic-hosted briefing
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
