Month: March 2026
Inside India newsletter: Energy, airlines and now over $50 billion in remittances to India at risk as Middle East conflict deepens
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India can’t seem to escape from the fallout of the escalating conflict in the Middle East. A significant share of the country’s energy imports risk disruptions and its aviation […]
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Judge orders U.S. Customs to process refunds on illegal Trump tariffs
An aerial view of a cargo ship being loaded with shipping containers at the Port of Baltimore in Baltimore, Maryland, on August 7, 2025. Jim Watson | Afp | Getty Images A U.S. trade court judge on Wednesday ordered the government to begin paying potentially billions of dollars in refunds to importers who paid tariffs […]
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CNBC Daily Open: China sets lowest growth target in decades
A plume of smoke rises after a strike on Tehran on March 4, 2026. Atta Kenare | AFP | Getty Images What you need to know today China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest target on record going back to the early 1990s — according […]
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Broadcom’s custom AI chip business stays hot and gives the bulls a much-needed win
Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb. […]
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Broadcom CEO Hock Tan sees AI chip revenue ‘significantly’ above $100 billion next year
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom CEO Hock Tan sees the artificial intelligence boom gaining so much steam that he’s projecting AI chip revenue next year “significantly in excess of $100 billion.” After the chipmaker reported better-than-expected results for the fiscal first quarter and issued a strong forecast for the current period, […]
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Deflation and tariff-hit China sets lowest growth target on record at 4.5% to 5%
Xi Jinping, China’s president, center, attends the opening session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of People in Beijing, China, on Wednesday, March 4, 2026. Qilai Shen | Bloomberg | Getty Images China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest […]
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China to reportedly boost defense spending by 7%, slowest pace since 2021
Key Points China reportedly plans to raise defense spending by 7% this year, the slowest increase since 2021. China kicks off an 8-day parliamentary meeting Thursday. Beijing ranks second to the U.S. in military spending. Source
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Asia markets set to rebound after steep selloff; investors watch China’s ‘Two Sessions’
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets were set to open higher Thursday, rebounding after several days of steep losses as sentiment improved following overnight gains on Wall Street and easing concerns over surging […]
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The U.S. insists the Iran conflict won’t be a ‘forever war.’ Experts beg to differ
Plumes of smoke rise over the skyline on March 3, 2026 in Tehran, Iran. Majid Saeedi | Getty Images Since the U.S. and Israel launched surprise strikes on Iran last weekend, Washington has been keen to stress that the military action will be over in a matter of weeks and won’t turn into a so-called […]
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Amazon’s Bahrain data center targeted by Iran for support of U.S. military, state media says
People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon‘s data center in Bahrain was targeted by Iran’s Islamic Revolutionary Guard Corps for the company’s support […]
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