India’s Deal Activity Reaches $11 Billion in May with Strong M&A and PE Transactions
India recorded $11 billion in deal activity in May, featuring major M&A and private equity deals that sustained market momentum despite a slowdown from April.
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Corporate Power
Crypto & Fintech
Crypto Spot Trading Volume Plummets as Traders Pivot to Futures and Tokenized Equities
Monthly crypto spot trading volume dropped sharply from its peak, signaling a growing trader preference for leveraged futures and tokenized equity markets on crypto platforms.
Markets & Macro
CPI(M) Rejects Rift Claims, Affirms Commitment to INDIA Bloc Despite Meeting Boycotts
CPI(M) General Secretary M. A. Baby confirmed the party’s continued participation in the INDIA bloc but declined to attend a key opposition meeting amid tensions over Congress allegations and coordination issues.
Energy & Climate
Democrats Retreat from Climate Change Rhetoric Ahead of Midterms Despite Lack of Evidence
As midterm elections near, many Democrats have noticeably toned down climate change talk, influenced by political strategy despite studies showing no clear electoral harm.
Corporate Power
Brokers and Crypto Platforms Clash Over Access to SpaceX’s Historic IPO
Ahead of SpaceX’s Nasdaq debut, retail investors face a fragmented market with brokers offering shares at the IPO price while crypto exchanges trade tokenized and synthetic versions.
Trade & Tariffs
China and North Korea Seek to Reinforce Alliance as Xi Jinping Visits Pyongyang
Chinese President Xi Jinping’s first visit to North Korea in seven years signals a push to revive Beijing’s influence amid growing geopolitical tensions with the U.S.
Markets & Macro
Six CPI(M) Activists Detained Amid Clashes Over Hawker Eviction Drive in Kolkata
Violence erupted during a hawker eviction drive near Jadavpur railway station, leading to injuries and arrests among CPI(M) workers protesting the demolitions.
Trade & Tariffs
California State University Extends $13 Million AI Partnership Amid Widespread Skepticism
Despite doubts from most students and faculty about AI’s role in education, California State University renews a costly OpenAI deal as usage grows rapidly on campuses.
Crypto & Fintech
FairGambling Launches Data-Driven Platform to Boost Transparency in Crypto Casinos
FairGambling introduces a comprehensive analytics and rewards platform that offers real-time crypto casino tracking, provably fair tools, and an independent review system for players.
Corporate Power
Nvidia and SK hynix Form Strategic Partnership to Advance AI Memory Technologies
Nvidia and SK hynix have agreed to a multi-year collaboration focused on developing next-generation memory solutions tailored for artificial intelligence applications.