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Elon Musk's SpaceX outpaces China's 203K 'paper satellite' ambitions

China has several firms chasing reusable rockets, but SpaceX keeps widening the lead; and without a Falcon 9 rival, Beijing's 203,000-satellite plan remains largely on paper

India seeks role in shaping AI with summit of world leaders, tech chiefs

World leaders, tech moguls, AI founders and investors are expected to arrive in New Delhi for the India AI Impact Summit, potentially the largest gathering of AI luminaries to date

Merger involving $61 billion of debt seen aiding India's credit market

The government will merge state-run PFC and REC, a move fund managers say could channel more capital into major corporates and large power projects

Trump admin's top sanctions official set to leave after Bessent tension

Hurley's expected departure as Treasury's undersecretary for terrorism and financial intelligence follows months of internal tension over the tactics and targets of US sanctions policy

Govt plans to revive private investment in highways with ₹1 trn project

The renewed push for private capital is intended to modernise infrastructure and reduce logistics costs, as well as strengthen India's competitiveness against China

AI disruption is dominating conference calls as investors dump stocks

Mentions of AI disruption on management calls almost doubled compared to the previous quarter, a Bloomberg News analysis of transcripts shows

Growing civil unrest in Western democracies comes with an insurance sting

Civil unrest is on the rise globally, a development that has coincided with a measurable increase in levels of inequality and polarization in some of the world's richest countries

China's Xi Jinping emphasises stability at start of new policy cycle

The nation will also seek to maintain social harmony and stability, Xi said in his speech in Beijing on Saturday, state broadcaster China Central Television reported

US, Japan commit to deepening bilateral ties as Tokyo faces China pressure

China has stepped up diplomatic and economic pressure on Japan after Prime Minister Sanae Takaichi suggested that Tokyo might come to the aid of Taiwan

3 senior bankers depart Raine Group India to launch new investment firm

Raine's marquee deals in India include the $8.5 billion joint venture between The Walt Disney Co and Reliance Industries Ltdn that combined their respective digital streaming and television assets

RBI curbs loans extended to brokers in blow to proprietary trading volumes

All credit facilities to securities firms will have to be backed by collateral, while lending for trading on their own account or investments by brokers will be prohibited

China's stock bull run falters with corporate earnings set to underwhelm

China's earnings season is already shaping up as a disappointment. Fourth-quarter pre-announcements from more than 2,000 mainland-listed A-share companies show negative alerts outnumber positive ones

US DOJ sues Harvard for failing to provide data on race in admissions probe

The university said it has complied with civil rights law under a 2023 Supreme Court decision, which effectively barred universities from using race as a factor in university admissions

Regime change in Iran would be the 'best thing that could happen': Trump

The US and Iran opened negotiations in Oman last week with Trump seeking an arrangement that would curb Tehran's nuclear ambitions, and threatening to strike the country if he does not secure a deal

Ford CEO discusses China-US carmaking JV framework with Trump officials

The discussion took place days after President Donald Trump indicated that he'd be open to allowing Chinese automakers into the US if they built plants and hired Americans

White House orders Homeland Security shutdown as funding lapses at midnight

While the shutdown formally takes effect at midnight, DHS employees were instructed to report to work and begin an "orderly shutdown" on their next regularly scheduled shift

US spent $35 mn to deport 300 migrants to third-party nations: Report

Immigration groups that have challenged the practice in court have said the practice has wide-ranging effects on law-abiding non-citizens who are at risk of being sent to unfamiliar countries

China could end Russia-Ukraine war with one call, says US Nato envoy

China and Russia have forged an even tighter partnership since the start of the war, and Russia relies on China for critical parts and components for drones and other war material

Nvidia likely to lease data centre funded by $3.8 billion junk-bond sale

Nvidia is set to lease a Nevada data center financed by a $3.8 billion junk-bond sale, underscoring the borrowing surge tied to AI infrastructure

Europe rethinks nuclear weapons after Trump delivers reality check

Europe has been fighting to keep hostile US in Nato while countries race to rearm and now for first time since Cold War, European capitals are discussing how to develop their own nuclear deterrent