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
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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
Hong Kong listings boom sparks legal hiring spree
The revival in deal activity has law firms rebuilding their teams
Fallout from China housing slowdown grinds on in offshore courts
Bondholders might balk at the recoveries offered so far, but any remedies involve complex negotiations