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Alibaba teams with China’s nuclear leader to power AI expansion

WORLD

Alibaba teams with China’s nuclear leader to power AI expansion

Alibaba this week established a 250 million yuan ($35.9 million) joint venture with China National Nuclear Power Co. and several other partners, according to data on corporate database Tianyancha

Danish pension fund AkademikerPension to exit US treasuries

BUSINESS

Danish pension fund AkademikerPension to exit US treasuries

'The US is basically not a good credit and long-term the US government finances are not sustainable,' Anders Schelde, chief investment officer at AkademikerPension, told Bloomberg on Tuesday.

Blackstone said to weigh $500 million India IPO for PGP Glass

BUSINESS

Blackstone said to weigh $500 million India IPO for PGP Glass

Deliberations are at an early stage, and details including the valuation and size of the offering could change, the people said.

Nomura sued in London by Elara Capital fund accused in short-seller report

BUSINESS

Nomura sued in London by Elara Capital fund accused in short-seller report

The Tokyo-based lender has denied any wrongdoing.

Greenland leader tells people to prepare for possible invasion

WORLD

Greenland leader tells people to prepare for possible invasion

Greenland’s government will form a task force consisting of representatives of all relevant local authorities to help people prepare for any disruptions to daily life, Nielsen said.

Poland considers ban on Chinese-made cars entering its military bases

BUSINESS

Poland considers ban on Chinese-made cars entering its military bases

Poland has maintained trading ties with China even as Beijing sided with Russia over its full-scale invasion of Ukraine. Warsaw has repeatedly blamed Moscow for a series of hybrid attacks on its territory.

Netflix sweetens Warner Bros.Discovery terms to all cash in bidding war

BUSINESS

Netflix sweetens Warner Bros.Discovery terms to all cash in bidding war

Warner Bros.’ advisers value the cable networks from as little as 72 cents a share to as much as $6.86 a share, according to the filing

Tata eyes bid for 6,000 e-buses without joining price wars

BUSINESS

Tata eyes bid for 6,000 e-buses without joining price wars

Tata’s insistence on factoring in those risks has cost it ground in recent tenders run by Convergence Energy Services Ltd., a state-backed agency that aggregates demand for electric buses.

Gold tops $4,700 as Greenland tensions fuel trade war fears

BUSINESS

Gold tops $4,700 as Greenland tensions fuel trade war fears

Markets are waiting for Europe’s response to Trump’s threat to impose tariffs on eight European nations that oppose his Greenland ambitions

Centre stitches $1-bn package for footwear manufacturing to soften tariff blow: Report

BUSINESS

Centre stitches $1-bn package for footwear manufacturing to soften tariff blow: Report

The report said the package has not been finalized yet, but the discussions are at an advanced stage

India allows some exports of wheat products after three-year ban

BUSINESS

India allows some exports of wheat products after three-year ban

The world’s second-biggest producer of the grain greenlit the export of 500,000 tons of wheat flour and other related products such as semolina, according to a notification by the Directorate General of Foreign Trade dated Jan. 16.

Xi Jinping's export machine gets lift from US move to strongarm allies

WORLD

Xi Jinping's export machine gets lift from US move to strongarm allies

Vietnam’s Lam takes spotlight as party selects new leadership

WORLD

Vietnam’s Lam takes spotlight as party selects new leadership

The political gathering comes at a crucial time for Vietnam, which is negotiating a tariff deal with the US while balancing relations with its biggest trade partner, Beijing

Dozens of Sydney beaches closed after spate of shark attacks

WORLD

Dozens of Sydney beaches closed after spate of shark attacks

All beaches in the city’s Northern Beaches area are shut after a shark attack on Monday evening, police said

RBI needs to ramp up bond purchases to cool yields, funds say

BUSINESS

RBI needs to ramp up bond purchases to cool yields, funds say

The benchmark 10-year yield on Monday surged back to nearly the same level seen before the RBI began cutting rates early last year

Silver hits record high as US-EU crisis over Greenland simmers

BUSINESS

Silver hits record high as US-EU crisis over Greenland simmers

The precious metals edged lower, after rising sharply in the previous session following Trump’s pledge to put tariffs on eight European nations that opposed his Greenland ambitions.

US treasuries, Asia stocks fall on Greenland tariff angst

WORLD

US treasuries, Asia stocks fall on Greenland tariff angst

Trump’s threat to impose tariffs on countries opposing his bid to control Greenland, and the pushback from Europe, have reignited the market volatility

Copper rises toward $13,000 as dollar dips on Greenland tariffs

BUSINESS

Copper rises toward $13,000 as dollar dips on Greenland tariffs

Frenzied buying across multiple metals in China has stoked the gains in recent weeks, while the debasement trade, where investors avoid traditional financial assets, is also helping

Brookfield-backed energy firm Clean Max said to plan reduced IPO

BUSINESS

Brookfield-backed energy firm Clean Max said to plan reduced IPO

The Mumbai-based company is now planning an IPO of about $350 million to $400 million, down from an earlier proposed size of roughly Rs 5,200 crore

China transformer exports hit record value on global shortage

BUSINESS

China transformer exports hit record value on global shortage

The equipment converts power from high to low voltage for use in households or factories

Ukraine holds off on new Helsing drone orders after setbacks

DEFENCE

Ukraine holds off on new Helsing drone orders after setbacks

The German company’s flagship strike drone, the HX-2, had trouble taking off in tests by Ukraine’s 14th Regiment, an unmanned aerial systems unit

Micron says AI-driven memory crunch is 'unprecedented'

BUSINESS

Micron says AI-driven memory crunch is 'unprecedented'

Global smartphone shipments may decline 2.1% this year as a shortage of memory chips drives up costs and squeezes production, industry tracker Counterpoint Research estimated in December.

Franklin Templeton strategist sees promise in Indian stocks

MARKETS

Franklin Templeton strategist sees promise in Indian stocks

Indian equities have been trailing their regional peers since last year as punishing US tariffs weigh on investor sentiment

China’s economy grows 5% in 2025 as exports help meet target

MARKETS

China’s economy grows 5% in 2025 as exports help meet target

Chinese stocks gained and the offshore yuan held steady against the dollar after the data release

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