US Job Growth Boosts Economy; Indian IT Stocks Wobble Amid AI Fears

February 13, 2026

US Job Growth Boosts Economy; Indian IT Stocks Wobble Amid AI Fears

US job data shows growth in January, hinting at a strong economy and no Fed rate cuts soon. Indian IT stocks fell sharply after AI firm Anthropic's new tool stirred investor worries. Experts say IT firms will adapt, but stock valuations stay high.

Africa Finance Corporation Plans to Tap China's Bond Market with Yuan-Denominated Panda Bonds

February 13, 2026

Africa Finance Corporation Plans to Tap China's Bond Market with Yuan-Denominated Panda Bonds

Africa Finance Corporation (AFC) is set to enter China’s bond market this year. By issuing yuan bonds, AFC aims to halve borrowing costs and reduce dollar volatility risks. This move follows similar panda bond issuances by Afreximbank and Egypt. AFC officials say entering Chinese capital markets is a 'natural evolution' supported by investor roadshows and strong credit ratings.

LHC Curbs FBR’s Power to Amend Tax Assessments Under Section 122(5A)

February 13, 2026

LHC Curbs FBR’s Power to Amend Tax Assessments Under Section 122(5A)

The Lahore High Court's Rawalpindi bench restricts FBR’s suo motu power to amend tax assessments using Section 122(5A), ruling it cannot be used for speculative revenue recovery or unlawful inquiries.

Karnataka Approves ₹25 Crore for 2,500 Women-Run Coffee Kiosks to Boost Industry

February 13, 2026

Karnataka Approves ₹25 Crore for 2,500 Women-Run Coffee Kiosks to Boost Industry

Karnataka government has approved ₹25 crore to set up 2,500 coffee kiosks operated by women from Self-Help Groups. This move aims to boost the coffee industry and create jobs for 1 lakh women across the state.

China’s 10-Year-Old 'Genius' Buys Gold with Lucky Money for 3 Years

February 13, 2026

China’s 10-Year-Old 'Genius' Buys Gold with Lucky Money for 3 Years

A 10-year-old girl in China began investing her Lunar New Year lucky money in gold three years ago to stop her parents from spending it. As gold prices surged, she earned praise on social media as a smart young investor. She plans to keep buying more gold.