Reading Time : 2 minutesApple is reportedly eyeing the US broadcasting rights for Formula 1, seeking to capitalize on the sport’s soaring popularity and its own successful F1 movie. With ESPN’s contract expiring, this move could significantly boost Apple TV+’s live sports offerings, attracting a massive new subscriber base as the bidding war for the lucrative rights intensifies.
Reading Time : 3 minutesShein, the fast-fashion giant, has filed for a Hong Kong IPO to pressure UK regulators delaying its London listing. Facing hurdles over human rights disclosures, the Singapore-based company aims to leverage Hong Kong’s flexible regulations. This strategic move could reshape Shein’s global financial strategy and influence other firms eyeing international markets.
Reading Time : 2 minutesElon Musk’s xAI secured a massive $10 billion funding round, significantly boosting its competitive stance in the AI sector. This capital, split between debt and equity, will fuel the expansion of its AI infrastructure, including the Grok platform and a colossal Memphis supercomputer with 1 million Nvidia GPUs. This highlights the escalating “AI arms race” and xAI’s aggressive push to lead the next generation of artificial intelligence.
Reading Time : 2 minutesThe Taiwan dollar surged over 2% in a day, shaking exporters and insurers. As traders bet on further gains, the central bank remains on watch, possibly tolerating a firmer currency for now. This raises questions about intervention, competitiveness, and the future of Taiwan’s trade positioning in a volatile FX environment.
Reading Time : 2 minutesEuropean AI-focused funds raised a record $4.2 billion in Q1 2025, pushing total assets near $40 billion. Asset managers are betting big on tech-driven growth, with firms like BlackRock expanding into AI strategies and private markets. This signals a strong, continent-wide shift in financial priorities toward AI’s economic potential.
Reading Time : 2 minutesTexas Instruments is launching a $60 billion U.S. chipmaking expansion, creating seven fabs across Texas and Utah. This historic investment will boost domestic manufacturing, generate tens of thousands of jobs, and reinforce supply chains critical to tech, automotive, and defense sectors.
Reading Time : 2 minutesIndia has tightened restrictions on gold imports to combat smuggling, limiting alloys with over 1% gold and colloidal precious metals. Building on earlier measures targeting UAE shipments, the new rules aim to close loopholes while allowing essential imports for industry. This balanced approach strengthens regulatory oversight and supports legitimate trade, safeguarding the economy and fair market practices.
Reading Time : 2 minutesVoltpost is bringing EV charging to the curb by turning lampposts into fast-install Level 2 chargers. With deployments in Illinois, Michigan, and Connecticut, their modular approach targets urban drivers without garage access. This scalable system promises to make city charging far easier and faster, even while federal EV funding remains frozen.
Reading Time : 2 minutesAmazon signs a landmark nuclear deal to power its growing AI needs. The 1,920 MW contract with Talen Energy will fuel AWS data centers while creating jobs and supporting clean energy.
Reading Time : 2 minutes Asia’s ETF market is exploding with innovation, driven by rising demand for diversification, active strategies, and leveraged exposure. With nearly $1 trillion in assets, the region is fast becoming a global ETF leader.
Reading Time : 2 minutes The SEC has ruled that meme coins like $TRUMP do not meet the criteria of securities under the Howey test. Their value is driven by speculation and community hype, not managerial efforts, placing them outside SEC jurisdiction. This leaves investors without typical protections and raises questions about future regulatory oversight in the evolving crypto space.
Reading Time : 2 minutesRio Tinto and Codelco have partnered to develop Chile’s high-grade Salar de Maricunga lithium project. With a $900 million phased investment and advanced Direct Lithium Extraction technology, the joint venture aims to deliver lithium by 2030, boosting Chile’s global lithium supply while promoting sustainable resource development.
Reading Time : 2 minutes Moody’s downgraded the US credit rating from AAA to Aa1 due to rising debt and interest burdens. It’s a historic shift with global impact, sparking market jitters and political pushback.
Reading Time : 2 minutesSaudi Arabia partners with NVIDIA to create a global AI hub, advancing AI factories, digital twins, and smart city solutions, supporting Vision 2030 goals.
Reading Time : 2 minutes India is set to be the fastest-growing major economy in 2025 with 6.6% growth, driven by consumption, exports, and strong monsoons.
