Big Tech groups launch global borrowing spree to fund AI expansion
US tech giants including Alphabet and Amazon are tapping foreign debt market at an unprecedented rate
Economic news
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The soft-on-crime era on Wall Street
US prosecutors are promoting lenient deals for companies that turn themselves in
SpaceX IPO set to lock in Musk’s control with Mars-linked pay deal
Investors expected to accept $1.75tn valuation, weak shareholder rights and billionaire’s sci-fi business vision
Obscure Japanese stock measure widens on global hunt for AI winners
Record gulf between Tokyo’s Nikkei 225 and Topix reflects major influx of foreign capital, analysts say
Is it time to worry about India’s foreign exchange reserves?
Also in this newsletter: government to invest $4bn in coal gasification
SEC settles Adani case as US authorities move to end actions against Asia’s richest man
Indian tycoon had lobbied Trump administration and pledged billions of dollars of investment in America