Bloomberg

CFTC settles FTX case; ex-engineering chief Nishad Singh to pay $3.7 mn

Nishad Singh was one of the top executives who testified against Sam Bankman-Fried, the co-founder of the once high-flying crypto exchange that imploded in 2022

China must ease digital barriers to attract more foreign tourists

Last month, nine government bodies led by the Commerce Ministry introduced new policies to woo overseas visitors

Trump admin set to roll out tiered tariffs on steel, aluminium imports

US plans 50% tariffs on many derivative goods, based on import value while others will face 25% duties, with some products taxed at even lower rates

Venezuelan crude exports surge to 6-year high as India fills China gap

Indian refiners, including Reliance Industries Ltd, Hindustan Petroleum Corp and Indian Oil Corp have purchased a combined 343,000 barrels a day for loading in March

Democratic leaders sue to challenge Trump's mail-in ballot limits

Top Democrats order issued Tuesday by the president "dramatically restricts the ability of Americans to vote by mail, impinging on traditional state authority

Elon Musk, US SEC head toward trial over Twitter investor fraud case

US Securities and Exchange Commission sued Elon Musk, alleging he delayed disclosing a 5% stake in Twitter, costing shareholders over $150 million

Nasa's moon-bound astronauts reach stable orbit, begin Artemis II mission

Named after Apollo's twin, Artemis aims for a sustained human presence on the Moon; Nasa plans a $30-billion, decade-long effort to build a lunar base for astronauts to live and work

Claude Code leak: Anthropic cites human error, works to limit damage

Thousands of copies of the code were removed from GitHub in response to copyright takedown requests from Anthropic, according to a notice on the popular developer platform

India sees surge in IPO filings in March despite weak investor sentiment

The pace of filings defied the lackluster post-listing performance of recent stock debuts

Coal India's output falls by 1.5%, ample stockpiles ready to meet demand

Output dropped from a year earlier to 84.5 million tons, while sales grew 0.7%, the company said

Gen-Z revolts in South Asia show toppling leaders is just the start

New governments in Nepal, Bangladesh and Sri Lanka face test of turning protest wins into real reforms

Rupee set for more chaos as banks unwind $30 billion in arbitrage trades

RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions

Iran conflict threatens to wreck Trump's dream of lower interest rates

Energy shock fuels inflation fears as markets push back rate-cut expectations

Anthropic accidentally releases source code for its popular Claude AI agent

The leak of basic source code - the second slip-up in just a week - triggered a discussion in the community around new revelations of how Anthropic's popular coding agent works

Why closure of Strait of Hormuz leaves Asian nations most vulnerable

Wealthier economies like China, Japan and Singapore, with deep pockets and strategic reserves, can cushion the blow - in the short term at least - but others are more exposed

Zelenskyy urged to curtail Russia energy strikes, proposes truce

"If Russia is ready to stop striking Ukrainian energy, we won't be returning the strikes against their energy," Zelenskyy said

US sees first combat loss of valuable E-3 AWACS jet after Iranian strike

The so-called AWACS plane, which has a rotating radar disc mounted above its fuselage, is used to spot distant threats and direct other combat aircraft

RBI's boldest currency move in years brings rupee only brief relief

The intervention underscores the RBI's shrinking flexibility, as foreign-exchange reserves have shrunk in the first three weeks of March amid efforts to defend the rupee following the Iran conflict

Chinese cargoes signal fuel relief for Asian neighbours despite curbs

China, a major Asian fuel exporter, halted overseas oil product sales, forcing refiners to cancel or renegotiate shipments to prioritise domestic supply

BYD sees EV exports beating target by 15% as overseas demand drives growth

BYD's optimistic export outlook follows disappointing results, including the company's first annual drop in profit in four years even as it toppled Tesla Inc. as the world's top-selling EV maker