Stock market turmoil sheds stark light on the opaque AI economy Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakers The Guardian - UK · Aug 2
India's textile sector poised for global sourcing shift as china loses US apparel share: Nuvama India's textile sector faces its strongest opportunity in decades. Global apparel sourcing is shifting away from China, benefiting Indian manufacturers. Improved trade access and policy support enhance India's market position. Normalizing US retail inventories have resumed ordering activity for exporters. Structural challenges remain, but policy initiatives aim for integration and… The Economic Times · Aug 2
India-China border trade resumes after 6 years; first batch of 16 traders flagged off for Tibet Border trade between India and China resumed at Shipki-La after a long hiatus. Himachal Pradesh minister inaugurated the trade and flagged off local traders to Tibet. A modern Trade Mart was also opened, facilitating goods exchange at one location. The resumption is expected to boost local trade and employment significantly.… The Economic Times · Aug 2
Indian diaspora in China flags visa, social media concerns at embassy's first Open House in years Members of the Indian diaspora in China raised concerns over anti-India social media content, fewer work visas and spouse employment restrictions at the Indian Embassy's Open House in Beijing. Ambassador Vikram Doraiswami promised improved consular services, simplified visas and greater cultural outreach. The Economic Times · Aug 2
Nuvama initiates coverage on KPR Mill and 2 other textile stocks, sees up to 35% upside. Here's why Nuvama Institutional Equities has initiated coverage on KPR Mill, Indo Count Industries and Sanathan Textiles with 'Buy' ratings, citing the global shift in textile sourcing away from China. The brokerage expects Indian textile exporters to benefit from supply chain realignment, supported by capacity expansion, policy tailwinds and improving trade access. The Economic Times · Aug 2
Scottish wind farms paying £1 billion to foreign shareholders CHINA’S government and an investment vehicle based in the Cayman Islands are among a group of foreign owners whose Scottish wind farms have paid… The National (Scotland) · Aug 2
China outs Nvidia-powered AS2-W quad-wheel 'robot wolf', just weeks after its armed version surfaced in joint military drills in Mongolia Unitree unveiled the AS2-W robotic vehicle featuring advanced AI, rugged mobility, and specifications attracting military interest after recent joint exercises. TechRadar · Aug 1
Appetite grows for Talay Noi swamp buffalo meat PHATTHALUNG: A research-driven initiative to develop premium meat products from naturally raised swamp buffalo in the Talay Noi wetlands is gaining traction, with demand growing locally and from China. Bangkok Post · Aug 1
China has banned hidden retractable car door handles. How are they dangerous – and what will Australia do? The handles, which were popularised by Elon Musk’s Tesla EVs, have a record of failing and trapping passengers inside burning vehicles during deadly accidents The Guardian - AU · Aug 1
Nirmal Purja — star climber, elite British officer & MBE — dead on PoK peak 9 Others Perished In Karakoram Avalanche -- 6 Nepalese, One Each From US, China, Pakistan & Oman The Times of India · Aug 1
China Sent Iran Shoulder-Fired Missiles by Land After Xi Denied It to Trump China Iran missiles deal: Beijing arranged delivery of up to 400 shoulder-fired air-defense missiles to Iran through a Pakistan land corridor, contradicting Xi Jinping's personal assurance to Trump and exposing the gap the US naval blockade cannot close, as the US and Israel weigh whether to attempt a comprehensive land… International Business Times · Aug 1
Green Card updates for August: EB-1 may become unavailable for Indians The US Department of State has already notified the changes that are going to happen to Green Card applicants this month as the fiscal year enters its final two months. The department also warned they might have to retrogress some dates and some Green Card categories may become unavailable because… The Times of India · Aug 1
Elon Musk Reportedly Wants SpaceX to Swallow Tesla, But Beijing Fears He Will Hand Over Data on 2 Million Cars Elon Musk is reportedly weighing a plan to merge SpaceX and Tesla by carving out Tesla's China arm, a move that has unsettled Beijing over potential access to data from two million Chinese drivers. International Business Times UK · Aug 1
China’s tech advances are causing chaos from Silicon Valley to the White House New AI models, advanced robots and specialty computer chips are unsettling markets and the US tech industry. The Guardian - US · Aug 1
Fortune · Aug 1 Despite China's 996 culture, DeepSeek founder Liang Wenfeng says his workers don't do overtime or even have KPIs: ‘No one manages them’ While Silicon Valley races to adopt China's brutal 996 culture, DeepSeek's founder says his $60 billion AI company has no KPIs and no overtime.
The Economic Times · Aug 1 India enters the story as China begins to rewrite the chips playbook India and China are pursuing sharply different semiconductor strategies. While China is developing domestic lithography machines to reduce reliance on foreign technology, India is strengthening ties with ASML through Tata Electronics to enter the global semiconductor equipment supply chain. The Tata-ASML discussions could help India build advanced manufacturing capabilities and…
T3 · Aug 1 I put my travel tech to the ultimate test across 4 countries in 5 weeks – these are the winners From eSIMs and power banks to luggage and VPNs, these are the essentials I relied on abroad
The Economic Times · Aug 1 Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spending Wood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the airline industry more than the winner-takes-all economics of the internet era.
The Times of India · Aug 1 China spent decades moving water across a continent. The world's largest diversion project now serves 185 million people In 2002, China's State Council formally approved construction of the South-to-North Water Diversion Project, an engineering undertaking designed to move water from the relatively water-rich Yangtze River basin in the south to the chronically dry cities and farmland of northern China, including Beijing. More than two decades later, the project…
The Economic Times · Aug 1 Two VLCCs exit Strait of Hormuz, where traffic remains thin Two large oil tankers exited the Strait of Hormuz on Friday, with traffic remaining thin. One vessel loaded Saudi crude and is anchored off the United Arab Emirates. The other tanker, carrying Iraqi oil, is currently heading towards China.
The Economic Times · Aug 1 South Korea July exports beat forecasts on robust demand for AI investments Semiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory chips and a new AI development in China, the trade ministry said in a statement. Computer sales also surged 404% on increasing AI investments by big U.S. technology firms,…
The Economic Times · Aug 1 Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higher The recent rebound has been supported by tightening global inventories, concerns over energy availability in key producing regions, geopolitical tensions in the Middle East, and expectations of robust demand from the power, transportation, renewable energy, and electric vehicle sectors.
InsideEVs · Jul 31 Tesla Breaking Off Its China Business? Musk Calls It 'Absurdly Fake News' The Wall Street Journal reported that Tesla was preparing to split off its China business ahead of a potential SpaceX merger.
International Business Times · Jul 31 China's AI IPOs Fail To Lift A Slumping Stock Market China's stock market faces its worst month in years as Zhongji Innolight's IPO falls flat amid a global AI selloff.
International Business Times · Jul 31 How SpaceX's Break With China Could Clear The Path To A Tesla Merger Elon Musk denies reports of a Tesla China spinoff and SpaceX merger as stock prices for both companies plunge, amid SpaceX's campaign to sever financial, personnel and supply chain ties with China.