BUSINESS
Capital One, Amex shares sink on Trump's credit-card threat
President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses.
WORLD
BBC defends documentary targeted by Trump in $10 billion suit
The BBC on Monday asked a federal judge in Miami to pause the exchange of evidence in the suit, filed last month, until a ruling is issued on the broadcaster’s motion to dismiss the case, which is due in March.
COMMODITIES
Gold steadies after surging on worries over Fed independence
Citigroup Inc. upgraded its near-term outlook to see gold at $5,000 an ounce and silver at $100 an ounce in the next three months, given heightened geopolitical risks, physical shortages and renewed uncertainty about Fed independence.
MARKETS
Asian shares rise on valuations, dollar declines
Asian shares, relatively cheaper after three years of gains, face key risks this week from US inflation data and a possible Supreme Court ruling on President Donald Trump’s tariffs.
BUSINESS
Nvidia to invest $1 billion in AI drug laboratory with Eli Lilly
The investment is the latest example of Nvidia using its newfound financial might to cultivate fresh markets for its products.
BUSINESS
Paramount sues Warner Bros Discovery, aims to nominate directors to board
Paramount accused Warner Bros of failing to disclose how it values the cable-TV assets that the company plans to spin off before selling the studios and streaming business to Netflix
WORLD
US Fed subpoenas revive ‘sell America’ trade on autonomy concerns
For investors, the escalation sets the stage for heightened market volatility given the potential impact for long-term monetary policy
WORLD
Heineken CEO steps down as slumping beer sales hurt brewer
Van den Brink, 52, will stand down on May 31 after six years at the helm of Heineken, and more than 28 years at the Dutch company in total
BUSINESS
Gold and silver storm to records as Fed fight, Iran spur demand
Precious metals are at the center of a powerful upward re-rating on a confluence of tailwinds that has supercharged demand.
WORLD
Denmark, Greenland to hold talks with US on Wednesday, TV2 says
Denmark’s Foreign Minister Lars Lokke Rasmussen and his Greenlandic counterpart Vivian Motzfeldt are set to attend the meeting, the Danish broadcaster says, citing a calendar from the US Department of State, which also notes that changes to the schedule may occur.
BANKING
Deutsche Bank’s $2.5 billion India retail assets draw final bids
Negotiations with Kotak, founded by billionaire Uday Kotak, and Blackstone Inc.-backed Federal Bank are ongoing and could still fall through
INDIA
Germany's Friedrich Merz eyes India business, defence deals in first Asia trip
Merz met his counterpart, Narendra Modi, on Monday in Ahmedabad, located in prime minister’s home state of Gujarat
BUSINESS
Surging stock listings turbocharge India’s IPO fees to a record
The average fee paid to bankers for IPOs rose to 1.86% of a deal’s value, versus 1.67% a year earlier, according to capital-markets data provider LSEG
WORLD
The sneaker boom had a long run. Now some analysts say it’s over
Now the future of that longstanding sneaker boom is being called into question, most notably by Bank of America analysts led by Thierry Cota
WORLD
Meta shuts 550,000 accounts on Australia’s kids social media ban
The social media giant has closed around 330,000 Instagram accounts, 173,000 Facebook accounts and almost 40,000 Threads accounts
COMPANIES
Prudential Financial is said to mull India asset manager sale
PGIM Inc., the investment management business of US-based Prudential Financial, has tapped EY to advise on the potential sale of its asset management subsidiary in India
WORLD
Iran edges closer to a revolution that would reshape the world
Iran has warned that if it’s attacked, American assets in the region — where it has deep commercial ties and tens of thousands of troops stationed — and Israel will be “legitimate targets for us.”
BUSINESS
Gold jumps to record high on Fed subpoenas and Iran tensions
Bullion rose to just shy of $4,600 an ounce on Monday after Fed Chair Jerome Powell said the central bank had been served grand jury subpoenas from the Justice Department related to his June congressional testimony on renovations of the Fed’s headquarters.
BUSINESS
Asian stocks open higher after US gains, oil rises
Shares in Australia and South Korea and equity index futures for Hong Kong all gained, taking their guide from the S&P 500, which climbed 0.6% on Friday to close at an all-time high.
BUSINESS
Powell says Justice Department Served Fed with subpoenas
Powell said the potential indictment “should be seen in the broader context of the administration’s threats and ongoing pressure.”
WORLD
Iran warns US, Israel of retaliation as unrest enters third week
The US-based Human Rights Activists News Agency said deaths linked to the recent unrest, which began over a currency crisis on Dec. 28, had reached 116, with most killed by live ammunition or pellet gunfire
BUSINESS
Gold investors stay bullish after record rally in 2025
Gold surged 65% in 2025 — its strongest performance in nearly half a century — as retail and institutional investors piled in alongside central banks.
WORLD
Nvidia, Tesla chase same self-driving goal via varying paths
Nvidia wants to supply the intelligence layer for autonomy without building the car itself, but it still wants to own the technology that makes self-driving a reality
BUSINESS
Global AI race shows Asia leading as stocks start 2026 with a bang
Strategists at Goldman Sachs Group Inc. are overweight and expect further gains driven partly by surging artificial intelligence-related demand and reasonable valuations.
