India's steel demand is set to grow significantly by 2026, driven by infrastructure and manufacturing, unlike China's property-led boom. With low per-capita consumption, India offers substantial potential, though growth will be gradual due to execution challenges and a focus on greener production.
Mining giants BHP and Rio Tinto are increasingly focusing on India as the next major growth market for the global steel industry, anticipating a shift away from China's long-standing dominance in demand. India's rapid urbanization and infrastructure spending are expected to drive significant steel expansion.
Crypto exchanges are shifting focus to tokenized stocks, offering exposure to equities like Nvidia and Apple, after new token listings proved detrimental to retail investors. This pivot aims to attract new users and capital, potentially channeling trillions into global equity markets via crypto infrastructure.
Alibaba's chairman Joe Tsai and CEO Eddie Wu Yongming stated in a shareholder letter that the addressable market for full-stack AI providers like Alibaba is expected to grow exponentially. They also noted that China is building its "AI factory" through Alibaba's cloud computing unit.
China is building a "national computing network" to treat AI infrastructure as a public utility. Tokens, the units processed by AI, are likened to mobile data, with daily calls exceeding 140 trillion in March. This initiative is part of Beijing's "six networks" plan, with expected investment over 7 trillion yuan this year.
Pfizer focuses on India for future growth, planning quick launches of new medicines at affordable prices, targeting oncology, obesity, vaccines, and specialty drugs, with India deemed a 'must-win' market.
Korea's economic growth engine is cooling rapidly. The Organisation for Economic...
