Japanese sportswear giant ASICS is significantly stepping up its local manufacturing operations in India, aiming to produce 40% of its products domestically in the coming years. The move reflects a strategic pivot amid rising regulatory restrictions on imports and a fast-expanding consumer appetite for fitness and athletic wear across urban and semi-urban India. Currently, ASICS…
Reddit today rolled out two AI‑driven advertising solutions—Reddit Insights and Conversation Summary Add‑ons—with the goal of transforming user discussions into actionable marketing intelligence. By mining its vast trove of community conversations, Reddit aims to deliver real‑time trend analysis to brands, streamline ad creative testing, and embed positive user sentiment directly beneath sponsored content. For a…
India has recorded an exceptional rise in solar electricity generation during the opening months of 2025, leading to a rare stabilization—and slight reduction—in coal-fired power output despite rising overall demand. Between January and April, solar farms produced nearly one-third more electricity than in the same period a year earlier, reflecting a rapid increase in installed…
Private credit, long dominated by institutional investors, is undergoing a notable shift as asset managers increasingly court retail capital. Driven by persistently low yields in traditional fixed-income markets and growing interest in higher returns, individual investors are gaining access to private debt strategies once reserved for pension funds, insurers and sovereign wealth entities. Structured vehicles…
President Donald Trump announced on Thursday that senior U.S. trade officials will soon convene with their Chinese counterparts, marking a fresh effort to resolve lingering commercial disputes. The announcement follows a 90-minute phone conversation between Trump and Chinese President Xi Jinping, their first one-on-one call since Trump’s return to the White House. With presidential envoys…
Apple’s decision to entrust Tata Group with the after-sales repair of iPhones and MacBooks in India marks a significant milestone in the U.S. tech giant’s long-term strategy for the world’s fastest-growing smartphone market. By handing over complex repair operations to Tata’s Karnataka facility, Apple not only cements Tata’s status as a critical partner but also…
India’s military leadership has asserted that a swift change in air strategy early in its recent flare‐up with Pakistan decisively turned the tide in New Delhi’s favor, allowing the Indian Air Force (IAF) to strike deep into Pakistani territory and compel Islamabad to accept a ceasefire three days after hostilities began. The conflict, which featured…
A former Goldman Sachs executive, Tim Leissner, was handed a two‐year prison sentence Thursday by a federal judge in New York for his central role in the sprawling 1Malaysia Development Berhad (1MDB) corruption scheme. The sentencing marks a high‐profile denouement for Leissner, who once oversaw Goldman’s Southeast Asia operations and admitted in 2018 to conspiring…
Coinbase, the leading U.S.-based cryptocurrency exchange, will officially join the S&P 500 Index on May 19, marking a watershed moment for companies centered on digital assets. The addition comes as Bitcoin recently surpassed the US$100,000 threshold and institutional interest in blockchain-backed assets reaches record highs. Replacing Discover Financial Services in the benchmark, Coinbase’s elevation underscores…
Wall Street strategists are voicing growing alarm over a provision in the ongoing U.S. budget bill that would impose a progressive tax of up to 20 percent on certain types of passive income earned by foreign investors. Introduced under Section 899 of the legislation, the levy targets dividends, royalties, and other passive receipts for entities—such…
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