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GLOBAL SCRUTINY OF CHINA
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.- Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
- After workers, beggars replaced by robots: Viral video from China makes netizens question if begging will face 'layoffs'A Unitree humanoid robot was filmed soliciting donations on a Chinese street, claiming it needed funds for recharging. This incident follow...
- Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secretsTata Electronics has confirmed a cybersecurity incident, with ransomware group World Leaks claiming to have posted sensitive design and spe...
- China tightens indium export checks as AI demand increasesWhile the metal isn't yet restricted, new customs checks and requests for end-user information suggest a potential prelude to tighter contr...
- US Stock Market: Foreign investors add $103 billion to US long-term securities in AprilForeign investors showed strong interest in U.S. assets in April. They purchased $103 billion in long-term securities. Holdings of U.S. Tre...
- 'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
- Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
- India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
- Philip Morris India calls for stronger enforcement and collaboration to disrupt illicit tobacco ecosystemAs per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...
- Elon Musk's Starlink India launch hits security roadblock ahead of SpaceX IPOIndia has halted approvals for Elon Musk's Starlink internet service. Security agencies are concerned about Starlink terminals being used i...
- 'Couch, broken furniture, medication bottles': Olympic gold medallist Eileen Gu’s California sea cliff home under scrutiny over trash in upscale areaOlympic skier Eileen Gu's family home in San Francisco became the center of a neighborhood dispute after a large pile of discarded househol...
- Root cause: India’s spice crown under threat as quality concerns trace back to farmsFarm-level traceability, quality, value addition, and branding are key to converting export scale into global trust, according to experts.
- Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
- Trump’s tariff comeback? The White House finds a new route after court setbacksThe US is proposing to reintroduce country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade...
- New tariff: Think tank GTRI makes a case against US' additional 12.5% duty on IndiaAs India faces a proposed 12.5% US tariff on its imports, trade think tank GTRI has advised the govt to challenge the levy on legal grounds...
- PE, tu ab toh Asia mein aur bhi aajaAs global investment circles widen, Asia is capturing the keen interest of major investors. Prominent firms such as Blackstone and EQT are ...
- Global Markets: Australian shares end flat as banking losses overshadow miners' gainsAustralian shares closed nearly flat as bank losses offset resource gains, with U.S.-Iran tensions and sticky inflation weighing on sentime...
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