BUSINESS
Delhi developer to invest $2 billion on India data center boom
Data centers are expected to make up more than 40% of Anant Raj’s revenues in the next four years from 5% at present
MARKETS
Adani Ports weighs $350 million rupee bond issuance
Adani Ports and Special Economic Zone Ltd is in talks with investors to raise the debt in the coming months
BUSINESS
Trump says 'Mr Japan' unfair on cars, floats keeping 25% tariff
The comments show that the two sides still remain some distance from an agreement and highlight the risk that Trump may stick with the 25% tariff on autos.
BUSINESS
South Korea says US trade talks need to continue past next week
A senior South Korean trade official, who asked not to be identified discussing internal matters, said it was unrealistic to expect negotiations to wrap up before across-the-board tariffs are set to rise on July 9
WORLD
First china weight loss drug rival to Novo, Lilly emerges
Suzhou-based Innovent Biologics Inc. secured approval last week for its treatment mazdutide, a turning point in China’s efforts to combat rising obesity and diabetes rates
BUSINESS
Global banks may push back on RBI’s offshore swap reporting plan
Complying with RBI's directive could raise concerns about client confidentiality and lead to jurisdictional complications with other monetary authorities
WORLD
Asian stocks, futures rise as trade talks progress
The MSCI Asia-Pacific index advanced 0.3% at the open Monday
WORLD
Donald Trump says Iran might get sanctions relief if it can be peaceful
Donald Trump also injected a note of caution, saying that Iran’s nuclear ambitions had been set back “at least for a period of time.”
BUSINESS
US President Trump says he doesn’t expect to extend July 9 tariff deadline
The comments follow Trump’s remarks on Friday that the administration could do “whatever we want” with the deadline, including extending it or making it shorter.
INDIA
Indian negotiators extend US stay as trade talks gather pace
Both sides have dug in their heels over a few key issues including Washington’s demand that India open its market to genetically modified crops — an ask New Delhi has rejected.
BUSINESS
Inside the trading desks that surfed 12 days of oil market mayhem
Three decades later, oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022.
BUSINESS
Boeing wins buy rating as Redburn sees ‘healthier’ company
The analyst raised the recommendation on the shares to buy from neutral, and boosted the price target to $275 from $180.
BUSINESS
China reiterates opposition to any trade deals at its expense
“It has been proven that only by firmly upholding its principles and positions can a country truly protect its legitimate rights.”
BUSINESS
Powell and Lagarde count cost of Trump’s turbulence
Lagarde and Powell will reunite on stage in Portugal for the first time since ECB’s tense 2024 retreat.
WORLD
How US Supreme Court's latest term helped Trump amass more power
The court let him discharge transgender people from the military, fire top officials at government agencies and open hundreds of thousands of migrants to deportation
WORLD
Inside the trading desks that surfed 12 days of oil market mayhem
Oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022
WORLD
Five risks for US stocks that cloud the outlook for the second half
The recent bounce is not enough for many institutional investors, who cite a litany of risks confronting equities
WORLD
Charting the global economy: Consumer spending weakens in US
China’s industrial firms saw their profits drop the most since October, illustrating weakness in an economy strained by higher US tariffs and lingering deflationary pressure
WORLD
US Senate unveils new Trump tax draft with plans to vote soon
The bill would raise the SALT deduction cap from $10,000 to $40,000 for five years before snapping back to the $10,000 level
WORLD
Bessent says push for trade deals could wrap up by September 1
Earlier Tuesday, Trump suggested that India was one nation that could be close to finalizing a deal.
WORLD
US Supreme Court bolsters religious rights in LGBTQ book case
The 6-3 ruling Friday is the latest in a line of Supreme Court decisions that have bolstered religious rights, even when they bump up against other societal values
BUSINESS
Crypto’s audacious bid to rebuild stock market on the blockchain
The ambition is predictably audacious from a crypto community built to gut out the middlemen and outsmart the regulator
BUSINESS
Masayoshi Son hints at succession plan while chasing AI ambition
Son said he plans to hold SoftBank’s reins another ten years, but added he has several candidates for its next chief in mind from within the technology group
BUSINESS
HDB Financial Services IPO becomes most subscribed billion-dollar Indian IPO in 4 years
The over 15 times-demand for HDB shares is the biggest since Zomato-parent Eternal's $1.4 billion IPO was subscribed more than 29 times, exchange data showed.
