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Xi readies bargaining chips for US trade war after Biden announces curbs

If Trump were to impose tariffs again, China could once more respond in kind, hitting US exports of machinery or agricultural exports of soybeans, corn, pork again

Here's how India is sacrificing its growth and why it needs to stop

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

New RBI governor Sanjay Malhotra warned of killing 'golden goose'

As the head of India's central bank, Malhotra inherits the management of an economy beset with the dual challenge of rising prices and slowing growth

Adobe's AI video rollout lags behind while OpenAI launches rival Sora

Two months after Adobe announced a browser-based tool that could generate videos from prompts or images using generative artificial intelligence, the product remains in limited testing

TikTok offers to pay its users to shop if they boost app downloads

Users can earn $50 for recruiting first-timers to sign up for TikTok and unlock an additional $350 in bonuses if they bring in more

President-elect Trump promises fast permits for those investing $1 bn in US

Trump's pledge, though, is in line with his vows to help bolster energy, infrastructure and other domestic investments in his second term and roll back federal regulations

Apple's next ultra smartwatch will be able to send texts via satellite

The technology will let smartwatch users send off-the-grid text messages via Globalstar Inc.'s fleet of satellites when they don't have a cellular or Wi-Fi connection

Abu Dhabi's $1 trn sovereign investor seeks innovation in private credit

The new fund launches followed a surprise filing from Apollo Global Management Inc. and State Street Corp. in September for an ETF that will include private credit investments

Japan's megabanks flushed with cash; look at India, US for fresh deals

All of the companies have more cash on their balance sheets than their target common equity tier 1 ratios and have plans to reduce their strategic holdings over the next several years

A call for transparency: Why India must not let its GDP data turn Chinese

India's GDP data faces growing scrutiny over transparency and reliability. To regain trust and ensure accuracy, a reform in statistical methods is critical to avoid pitfalls seen in China's approach

Adani seeks new lifeline for troubled power plant amid B'desh pay backlog

The Adani plant, which accounts for about a 10th of Bangladesh's power consumption, has already racked up as much as $790 million of dues as of the end of September

Xiaomi shows off YU7 SUV for summer in big EV expansion, to take on Tesla

An SUV would mark a big expansion of Xiaomi's $10 billion EV endeavor, spearheaded personally by Lei

Investors urge RBI to let state govt debt be sold as zero-coupon bonds

Allowing state notes to be turned into so-called strip bonds would give investors an extra spread of 30-to-40 basis points over comparable federal securities, one of the people said

China, Hong Kong stocks surge at open on Beijing's stimulus promise

Authorities will also step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption

OpenAI rolls out text-to-video tool Sora for ChatGPT Plus and Pro users

The new version of the tool will be able to churn out videos up to 20 seconds in length and offer multiple variations of those clips

Huawei suppliers likely to face further US limits under defence bill

The provision is likely to become law given its inclusion in the bill, which is considered must-pass before Congress adjourns for the year

Simpler stuff now automated, startups tap experts for training AI models

Over the years, as AI has improved, much of the simpler stuff is now automated. Demand has shifted to recruiting specialists and paying higher salaries and rates

Murdoch loses fight to change family trust, hand sole control to eldest son

The case weighed heavily on the future of some of the highest-profile media properties in the world

Motilal Oswal midcap fund climbs 63% in year; adds jewellery makers' stocks

Chief Investment Officer Niket Shah said he's adding shares of companies that offer lower priced non-essential goods, such as jewelry and apparel, on expectations of increased spending

President-elect Trump wants Truth Social deal lawsuit to be put on hold

Trump has sought to have criminal cases against him thrown out in the wake of the Supreme Court's ruling in July that former presidents are immune for some official actions taken while in office