Local News

US-Saudi Nuclear Deal Opens Door to Uranium Enrichment, Breaking Gulf Precedent

Proposed US-Saudi nuclear deal would grant Riyadh uranium enrichment rights, breaking Gulf gold standard and raising proliferation fears amid Iran talks.

X Appeals €120 Million EU Fine in First Legal Test of Digital Services Act

X filed three appeals at the EU General Court challenging the first DSA fine — €120M for deceptive blue checkmarks, opaque ads, and blocked researcher access.

India’s Stock Market Seeks New Catalysts Despite Strong GDP Outlook

Indian equities hover near 82,800 after FIIs pulled a record $18 billion in 2025 — yet the government just unveiled a $200 billion AI infrastructure push, Morgan Stanley targets Sensex at 95,000, and corporate earnings are expected to rebound 12–15%.

China’s Semiconductor Output Surges 85% to Record 484 Billion Units

China produced a record 484.3 billion semiconductor units in 2024 — an 85% surge from 2020. Surging output masks collapsing foundry profits, a secret EUV prototype in Shenzhen, and a $47.5 billion state fund betting on self-sufficiency.

Jordan Opens the Door to Crypto While the Fed Tries to Build the Walls Around It

Jordan admitsJordan admits its first crypto firm to the CBJ sandbox. The Fed proposes treating digital assets as a standalone class for derivatives. Two sides of one shift. first virtual asset firm to regulatory sandbox while US Fed proposes classifying crypto as independent asset class