Why worry about the rupee?
India’s currency isn’t especially weak and stabilising it has costs as well as benefits
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A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine
While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
Donald Trump says US close to deal with Iran and calls off strikes
Markets rally and oil prices dip as US president claims agreement will reopen Strait of Hormuz
Musk’s SpaceX raises $75bn in world’s biggest IPO
Rockets-to-AI group priced its shares at $135 in deal that drew blockbuster investor demand
Trump calls off Iran strikes planned for Thursday night
US president claims progress in negotiations for new deal with Tehran
SpaceX IPO marks the end of the no-brainer benchmark index trade
Investors do not need big benchmarks to get what they want