CHINA PROPERTY SECTOR MEASURES
Who is Alice Huang, Chinese exec accused of spying on Nvidia CEO?
Alice Huang, a citizen of China, stands accused of espionage for Beijing through her romantic connection with Nvidia's Jensen Huang. Reports suggest she played a pivotal role at Megaspeed International, a data center firm, allegedly gathering intelligence on Jensen following the disclosure of their relationship. US authorities are scrutinizing Megaspeed for possibly violating chip export regulations. Both Alice and Megaspeed firmly reject these allegations as investigations continue.
China, Hong Kong stocks edge higher as Beijing vows measures to stabilise markets
Chinese and Hong Kong stocks edged higher as Beijing renewed its commitment to stabilising capital markets amid economic concerns. Major mainland indices posted modest gains, while the Hang Seng also advanced. However, weak domestic demand, cooling consumer inflation and global technology-sector volatility continued to challenge investor confidence and market recovery prospects.
Rs 48 lakh in cash received from the sale of two properties, paid capital gains tax but received an income tax notice; taxpayer wins the case in ITAT Cuttack for this reason
Mr. Purushottam residing in Kabisurya Nagar, encountered a penalty for accepting cash payments linked to his property sales. He sold two properties totaling Rs 47.54 lakh and declared these earnings accurately. Despite paying the required capital gains tax, an investigation by the Assessing Officer into the cash dealings led to a penalty.
How China's clean-tech machine is reshaping the global climate fight
In 2024, China took the lead as the top investor in global clean technology, directing $132 billion to developing nations to aid carbon reduction efforts. This unprecedented infusion of resources could potentially reshape the landscape of international climate finance.
Rich countries benefitted more from COVID-19 vaccine's return on investment than poor ones: Study
COVID-19 vaccines generated economic benefits worth USD 60 to USD 809 for every dollar invested in their development and distribution, a global study of 173 countries has found. However, high-income countries gained more due to earlier access and faster rollouts, while delayed vaccine availability limited benefits in poorer nations.
DGTR recommends imposition of quantitative restrictions on soda ash imports for 2 years
The Directorate General of Trade Remedies has signaled its intention to introduce protective measures to curb the influx of soda ash imports. This action responds to an appeal from the Alkali Manufacturers Association of India due to a troubling spike in imports. The proposed two-year quantitative restrictions will allocate specific quotas per country, distributing these annual restrictions in quarterly segments to ensure domestic manufacturers are protected.
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Govt lines up Rs 9,000 crore asset monetisation plan in FY28 to clear MTNL, BSNL liabilities
The Indian government is preparing an asset monetisation plan to address the liabilities of MTNL and BSNL. This plan is expected to generate Rs 9,000 crore in the next financial year. Government officials report that the liabilities of these telecom public sector undertakings are nearly Rs 50,000 crore. Additionally, several properties among the departments have been sorted for ownership clarity.
Pakistan more loyal to China than the dragon is to itself: Brahma Chellaney highlights curious case of Taiwan airline ban and a u-turn in 24 hours
Pakistan’s one-day restriction on Taiwanese airlines using its airspace has drawn attention to Islamabad’s close alignment with Beijing. Geopolitical commentator Brahma Chellaney said the move, reversed after China reportedly expressed surprise, showed Pakistan attempting to defend Chinese interests more aggressively than China itself.
China blocks SoftBank's $5.4 billion acquisition of ABB Robotics
China has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expansion. The intervention highlights Beijing’s growing scrutiny of cross-border deals involving strategically important technologies.
China, Hong Kong stocks fall as US tech rout sparks AI bubble fears
Chinese and Hong Kong stocks took a hit as American tech shares slumped overnight, fueling worries about the durability of the artificial intelligence surge. This uncertainty cast a shadow over investor confidence across Asia. Nevertheless, the Chinese mainland market saw some recovery driven by bargain hunters supported by government measures, though analysts caution that tech stocks in China are still at risk from global market changes.
‘Breaking Bad’ star Dean Norris lists his 11-acre ranch with a horse barn and orchard for $3,199,267, almost double what he paid in 2014
Actor Dean Norris has put his sprawling Temecula estate on the market for $3,199,267 amid his ongoing divorce. The property, encompassing 11 acres, features both a main house and a guesthouse. This move comes after the couple’s restaurant, Swing Inn Cafe, faced financial struggles leading to bankruptcy. Married for over 20 years, Norris and his wife share two children, with property division governed by California's community property laws.
He promised his 3-year-old son a castle in 1978. Decades later, he built Highlands Castle on a New York mountaintop
A promise made to his three-year-old son in 1978 led John Lavender II to buy a mountaintop in New York and spend decades building Highlands Castle. With help from family, friends and workers, he turned the property into a castle overlooking Lake George, which now welcomes guests.
A New York family owned half of a private road, but a fish and game club maintained it for decades; what did the court decide?
Five judges supported the association and two did not. The association had originally owned only the western half of the private road. The eastern half belonged to the Dix family and its predecessors. The court concluded that the association had established ownership through adverse possession because it had maintained and controlled the entire road for decades.
Sebi sets up working group to review Innovators Growth Platform framework
SEBI has formed a working group to review Innovators Growth Platform regulations and improve capital access for startups. The panel will examine listing eligibility, fundraising, investor participation, disclosures and migration to mainboards while safeguarding investor interests.
Beijing says UK cybersecurity report 'smears' China
China has officially countered assertions made by Britain's National Cyber Security Centre, which indicated that Chinese AI operations could threaten UK infrastructure by 2028. The country’s foreign ministry condemned these claims as baseless and asserted that they reflect an effort to impede China's AI progress. This dispute underscores the intricate and evolving cybersecurity challenges faced by nations today.
US midterms 2026: Voters back abortion rights and reject Trump's redistricting in state ballot measures
During the recent midterm elections, abortion-rights supporters marked significant achievements in both Missouri and Virginia, highlighting shifts in voter attitudes. Concurrently, President Donald Trump's redistricting strategies faced backlash in several states. In Florida, an amendment was adopted that offers critical property tax relief to homeowners. Meanwhile, Nebraska solidified transgender medical limitations in its constitution, demonstrating active citizen participation in legislative decisions.
China Banks' applications for PBOC stock loan scheme exceed 200 billion yuan
China's central bank said applications for loans under its stock-purchase financing scheme have exceeded 200 billion yuan. The PBOC has also cut the relending rate to 1%, stepping up efforts to support share buybacks and stabilise equity markets.
China stocks struggle near one-year lows despite fresh government support measures
Chinese stocks struggled near one-year lows despite fresh government measures to support the market, as investors remained cautious ahead of the US midterm elections. Concerns over China's economic outlook and technology stocks continued to weigh on sentiment.
Make urban legend real: Our cities must become far more business-friendly for India to achieve high per-capita income
India's urban population has grown slowly, with a significant portion living in small rural habitations. The country requires substantial rural-urban migration to boost urbanisation and economic productivity. Urban centres must create favorable business environments to attract new and expanding enterprises. State governments should implement measures to alleviate urban land scarcity and improve labor regulations.
R&D-focused stocks deliver over 23% annualised returns in five years, outperform NSE 500: Monarch AIF
Indian companies increasing R&D spending outperformed the NSE 500 TRI over five years, delivering 23.5% average annualised returns. Businesses combining strong research growth with higher R&D intensity achieved 32.5%, highlighting innovation's growing importance for investors.
Toxic composer Vishal Mishra buys four apartments in Mumbai’s Andheri for ₹22.25 crore, spanning over 5,000 sq ft: Report
Toxic film composer Vishal Mishra, known for songs from Kabir Singh, Animal and Saiyaara, has reportedly purchased four apartments in Mumbai's Andheri West for ₹22.25 crore, according to CRE Matrix.
Chinese stocks fall as investors unimpressed by fresh market support measures
Chinese stocks declined as selling in energy and technology shares outweighed fresh regulatory measures aimed at supporting the market. Investor sentiment remained weak amid concerns over the property sector and disappointment that the latest policy steps fell short of expectations.
China to expand global access to yuan assets, promote Hong Kong as offshore hub
China plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulators flagged risks from surging AI investments, warning of rising leverage, higher borrowing costs and financial instability.
High-yield US stocks: 10 companies offering dividend yields of up to 16.65%
Ten US-listed companies with market capitalisations above $5 billion offer dividend yields ranging from 7.16% to 16.65%. AGNC Investment and Annaly lead, while Western Midstream, MPLX and Main Street Capital delivered positive five-year share-price returns.
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
China stocks edge higher as reports of market support lift sentiment
China’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over state-backed Zhuhai Huafa Group’s liquidity continued to weigh on related stocks and bond funds.
China lowers funding costs with shift to overnight policy rate
China's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects substantial liquidity into the banking sector. This initiative seeks to alleviate costs for financial entities and stimulate economic growth in light of increased credit risks. Experts estimate this change could lower interest rates by 15 basis points, thereby maintaining profitability among financial institutions.
State-run general insurers to submit turnaround plans
State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government aims to evaluate the performance of these companies based on a time-bound roadmap for organic solvency. Policies regarding better pricing, oversight, and structured reinsurance for risky insurance areas are also being emphasized.
Wealthy Indians sit on cash, prepare to deploy funds across markets over next 12-24 months: Joint MD & CEO Systematix Private Wealth
Wealthy Indian investors are holding liquidity and planning phased investments across diverse market segments. The focus is on both domestic and international markets, including the US, China, and South Korea. Private markets and credit opportunities are also gaining traction among ultra-high-net-worth individuals. Real estate investments are evolving with increased interest in Alternative Investment Funds, which have doubled over the last year.
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