Reading Time : 2 minutesIndia’s economy finished fiscal 2025 strong with 7.4% growth in the last quarter, led by construction and government spending. Annual growth slowed to 6.5%, reflecting global challenges and uneven consumption. The Reserve Bank of India forecasts steady growth for 2026, though risks remain. Despite uncertainties, India is poised to remain a top global growth leader.
Reading Time : 2 minutesOil prices fell sharply after a U.S.-brokered ceasefire between Iran and Israel reduced supply fears. Combined with weak U.S. consumer sentiment and rising oil output elsewhere, Brent and WTI both dropped around 6%, erasing the recent risk-driven gains.
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 minutesMasayoshi Son aims to build a $1 trillion AI manufacturing hub in Arizona, partnering with TSMC and the U.S. government. This bold plan seeks to boost high-tech production and create thousands of jobs, reinforcing America’s position in the global AI race. While ambitious, the project faces challenges around funding and execution.
Reading Time : 2 minutes Trump is launching a mobile phone service and a golden smartphone, wrapped in patriotic branding. The $47 plan and $499 phone are aimed at his base, with promises of American-made hardware and bundled services. But experts doubt the production claims and worry about political conflicts in the venture’s structure.
Reading Time : 2 minutes DeepSeek’s latest update to its R1 reasoning model boosts performance while keeping a low profile. Despite lacking a flashy release, the R1‑0528 version impresses in benchmarks and reflects China’s growing AI strength.
Reading Time : 2 minutes Labubu, Pop Mart’s star character, has helped Wang Ning dethrone Qin Yinglin as Henan’s richest man. The blind-box sensation has driven Pop Mart’s stock to record highs, proving a quirky toy can reshape China’s billionaire landscape.
Reading Time : 2 minutes Switzerland has proposed strict capital rules targeting UBS, including $26B in extra capital and full foreign subsidiary coverage. UBS calls it extreme, but markets stayed calm.
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 Trump’s new 25% tariffs on pharmaceuticals aim to boost U.S. manufacturing. The move could reshape global drug supply chains and spark retaliation. Major exporters like Ireland, China, and Germany may face steep losses. Consumers in the U.S. could see rising prices.
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 minutes The ongoing legal debates over using copyrighted material to train AI models are highlighted by a recent court ruling and The New York Times’ lawsuit against OpenAI. Both cases reflect uncertainties surrounding whether such use qualifies as fair use, with experts and the U.S. Copyright Office weighing in cautiously.
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.
