(Bloomberg) — India’s cabinet relaxed investment rules for Chinese firms, an official said, marking a shift in New Delhi’s stance toward its largest neighbor and geopolitical rival. The panel of ministers approved the changes to the so-called Press Note 3 rules at its meeting on Tuesday, an official with direct knowledge of the matter said,…
The Pentagon added some of the biggest Chinese firms, including Alibaba, BYD, and Baidu, to a list of companies accused of supporting China’s military, a move that triggered a sell-off across the shares of the affected listed companies. However, the list was later quietly withdrawn by US authorities without any official explanation, raising several questions…
Texas Governor Greg Abbott on Tuesday (local time) ordered a freeze on H-1B visas for highly skilled workers in state agencies and universities, calling for jobs to go to qualified Texans instead of immigrants. He also announced a ban on China-linked firms from state systems. “Texans come first,” wrote Abbott on “I’m directing state agencies…
While US President Donald Trump’s tariff threats over Greenland dominated the narrative for broader equity markets last week, investors were hedging risks elsewhere. Only three weeks into 2026, the market pattern is similar to last year: Trump makes threats, markets start to show signs of upset then, as the tension de-escalates over a few days,…
Chinese companies including Huawei and ZTE are staring at expulsion from European Union critical infrastructure, as the bloc moves to force the phase out of Chinese made equipment from its telecom networks and solar energy systems, as per a Financial Times report citing official sources. The sources said that the EU’s new cybersecurity proposal set…
India’s Finance Ministry is contemplating to lift the five-year-old curbs on Chinese firms participating in government contracts, according to reuters citing two sources, as New Delhi looks to restore commercial ties amid eased diplomatic and border tensions. “Officials are working to remove the registration requirement for bidders from bordering nations,” one government source mentioned. The…
