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In a first, India overtakes Hong Kong as world's fourth-largest stock mkt

The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday's close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg

US-China tech rivalry keeps South Korean chipmakers in costly limbo

While China is still by far South Korea's biggest trading partner, monthly exports to the US surpassed those to China for the first time in more than two decades

Sony puts large advertisers in tough spot as it terminates merger deal

What probably sank the deal was the insistence by Punit Goenka, Zee's chief executive officer, that he should lead the post-merger entity

Samsung races Apple to develop blood sugar monitor that doesn't break skin

Mixed-reality headsets could be a new frontier for health as well, Pak said. Apple is poised to release its first product in that market next week when the Vision Pro goes on sale for $3,499

India's sudden stock, currency market holiday risks denting global image

The inauguration of the Ram temple in northern India on Monday marks a new milestone in Modi's project of reshaping the country into a more avowedly Hindu nation

China buys near-record $40 bn of chip making gear to beat US curbs

Even before those curbs came into effect, Dutch company ASML Holding NV had canceled shipments of some of its top-of-the-line machines to China at the request of the US government

Fund managers burned in AI surge are giving up on active management

With the likes of Microsoft Corp. and Nvidia Corp. all but owning 2023's bull run, money managers faced a dilemma

Hong Kong stocks at 36% discount show true depth of China's gloomy outlook

The Hang Seng China Enterprises Index fell 2.4%, inching closer to a level last seen almost two decades ago, while the onshore benchmark CSI 300 Index finished 1.6% lower

Biden, Netanyahu speak for first time in weeks during war tensions

Their conversation came a day after the Israeli leader rejected calls from the US and Arab nations for the Palestinian Authority to rule Gaza after the war with Hamas

FAA urges door plug inspections on another Boeing 737 model amid blowout

Boeing said in a statement that it "fully supports the FAA and our customers in this action."

Alphabet's Moonshot X Lab cuts staff, looks for outside investors

As part of the restructuring, X is laying off dozens of employees, according to one of the people with knowledge of the matter. The layoffs are focused on support staff

Talc lawsuit: J&J sets up 3rd bankruptcy bid by moving unit to Texas

The company filed a request last month with the Texas secretary of state's office to relocate its LTL Management unit to Austin and rename it ahead of a Chapter 11 filing in the state

China overtaking European Union in research related to clean-energy: Study

About 22% of the EU's imports came from China in 2022, the paper found, rising in recent years while the equivalent figure for the US declined

Bitcoin slips back toward $40,000 mark as ETF excitement simmers down

The world's largest virtual token declined as much as 3.4% by 7.30 a.m. in New York on Monday, hitting a low of $40,352 - just shy of its lowest point of 2024 recorded on Friday

Humans still cheaper than AI in vast majority of jobs, finds MIT study

The adoption of AI across industries accelerated last year after OpenAI's ChatGPT and other generative tools showed the technology's potential

Sony notifies Zee Entertainment about its plans to call off the merger

Sony cited conditions of the merger agreement not being met as the reason for the termination, according to the letter seen by Bloomberg.

Ram Temple inauguration in Ayodhya is a powerful mix of faith and state

The temple is being constructed close to where tradition says Ram was born, and atop the site of a mosque named for India's first Mughal emperor, which was shockingly destroyed by a Hindu mob in 1992

A year after Hindenburg saga, Adani biz emerges fundamentally stronger

While Adani stocks have risen more than $90 billion from last year's low, they remain about $60 billion short of their pre-Hindenburg peak

India's IPO market one of the busiest in world but it is also broken

It's the regulator's job to ensure that companies with reasonably solid prospects come to public markets and offer stock at a price that allows long-term wealth creation

US now pursuing 'least bad' option in confronting Houthi militants

The urgency is only increa­s­ing. The Houthi attacks have driven down shipments through a waterway that previously handled 12 per cent of global seaborne trade