SoftBank is racing to fulfill a $22.5 billion funding commitment to OpenAI by year-end — one of the largest single AI investments ever — underscoring both the conviction and the financial strain behind the global AI arms race. To raise the capital, SoftBank Group has already: At the center of this push is Masayoshi Son’s...
Michael Saylor’s Strategy and other bitcoin-buying corporates could soon face exclusion from major equity indexes, starting with MSCI. MSCI has proposed removing companies whose digital assets exceed 50% of total assets, arguing they resemble investment funds rather than operating businesses. A final decision is due January 15. Why this matters: Supporters say DAT firms are...
Indian mutual funds are increasingly tilting portfolios toward short-maturity instruments, steering clear of long-duration bonds as investors recalibrate risk amid changing rate expectations. Key dynamics shaping this shift: As a result, flows are gravitating toward: These categories attracted ₹245 billion in inflows in November, while longer-duration and liquid funds saw sizable outflows. From a portfolio-construction...
Krafton, alongside Naver and Mirae Asset, is launching a $666 million “Unicorn Growth Fund” focused primarily on Indian technology startups, marking one of the most coordinated South Korean investment pushes into India to date. Key takeaways: This move reflects a broader strategic shift: Krafton’s journey in India — from PUBG to BGMI, navigating regulation while...
ICICI Prudential Asset Management made a powerful market debut, with shares surging 23% on day one, valuing the firm at $14.4 billion and making it India’s most valuable listed asset manager. Key highlights: The listing caps a record year for India’s primary markets, with IPO fundraising already surpassing 2024 totals. Strong domestic capital inflows, rising...
The Bank of Japan has raised its policy rate to 0.75%, the highest level in three decades, marking another decisive step away from ultra-easy monetary policy. While the move was widely expected, its symbolic significance outweighs its immediate market impact. 🔹 Why this matters 🔹 Market reaction 🔹 Key variables going forward The consensus view:...