India’s economy looks strong with low inflation—but do people feel it

India heads into 2026 with headline indicators that would be the envy of many major economies. Growth is strong, inflation is subdued, and political stability remains intact. Yet beneath these reassuring numbers lies a widening disconnect between macro performance and lived economic reality, said a Financial Times report. For investors and policymakers alike, this dichotomy… Continue reading India’s economy looks strong with low inflation—but do people feel it

What to expect from US big banks as they report earnings next week?

US big banks are set to kick off earnings season next week, and experts are bracing for solid results. According to Ken Leon, a senior CFRA analyst, the outlook for these banking giants is “very positive”, with several tailwinds that could lift both profits and stock prices. Note that iShares’ big banks exchange-traded fund (ETF)… Continue reading What to expect from US big banks as they report earnings next week?

Kansas crop woes fuel wheat rally ahead of USDA winter acreage estimate

Wheat kicked off the new year with a price surge, as the most actively traded futures contract on the CBOT climbed to 522 US cents per bushel on Thursday, marking its highest level since December 26. At the time of writing, US wheat futures for the March contract were at 518 cents. Wheat prices began… Continue reading Kansas crop woes fuel wheat rally ahead of USDA winter acreage estimate

This $1B OpenAI–SoftBank bet reveals what AI can’t function without

OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre in Milam County, Texas. On the surface, it reads like yet another megadeal in the booming AI infrastructure arms race. But it signals something more urgent: electricity has become AI’s single largest production… Continue reading This $1B OpenAI–SoftBank bet reveals what AI can’t function without

IKEA to close large China stores as property slump reshapes retail strategy

IKEA is closing a number of its large-format stores in China as it reworks how it reaches customers in a market reshaped by a prolonged property downturn and tougher competition. The Swedish furniture retailer is moving away from its long-standing blue-box model in some major cities and placing greater emphasis on smaller outlets and faster… Continue reading IKEA to close large China stores as property slump reshapes retail strategy

Elon Musk’s xAI secures $20B in funding amid intensifying scrutiny

Elon Musk’s artificial intelligence start-up xAI has raised $20 billion in new funding in an upsized round that more than doubles its valuation since last spring, underscoring investors’ appetite for AI even as the company faces mounting criticism over the content generated by its technology. The company, which develops the Grok chatbot and its underlying… Continue reading Elon Musk’s xAI secures $20B in funding amid intensifying scrutiny

Samsung says price hikes are coming as memory chips become costlier

Rising demand for advanced memory chips is beginning to strain global supply chains, creating fresh pricing pressure across the electronics industry. Samsung Electronics Co., the world’s largest memory chipmaker, has signalled that shortages are no longer confined to specialist markets such as data centres and are now spilling into consumer electronics, said a Bloomberg report.… Continue reading Samsung says price hikes are coming as memory chips become costlier

China tightens e-commerce rules to curb platform competition and subsidy wars

China has rolled out a new set of e-commerce regulations aimed at controlling how its biggest online platforms compete, signalling a renewed push to stabilise a sector shaken by aggressive discounting and subsidy wars, said a Bloomberg report. The measures, unveiled on Wednesday, target business practices by major platforms that regulators say have distorted market… Continue reading China tightens e-commerce rules to curb platform competition and subsidy wars

Softening UK jobs market paves way for BoE rate cut in March, says ING Group

Mounting evidence, from easing inflation to a softening jobs market, suggests the Bank of England’s fight against price rises is nearing a conclusion, with financial experts now predicting a shift to rate cuts in March and June, though February is considered too soon for action. Despite the impending possibility of rate cuts, current economic data… Continue reading Softening UK jobs market paves way for BoE rate cut in March, says ING Group