Indonesia Cancels Permits of 28 Companies, Halting $1.67 Billion China-Backed Dam

February 16, 2026

Indonesia Cancels Permits of 28 Companies, Halting $1.67 Billion China-Backed Dam

Indonesia revoked permits of 28 companies, including North Sumatera Hydro Energy's $1.67 billion dam project, over forest damage. This bold crackdown aims to protect protected forests and surprised investors.

Yen Eases After Big Jump; Japan’s Slow Growth and Fed Rate Cut Bets Shape Markets

February 16, 2026

Yen Eases After Big Jump; Japan’s Slow Growth and Fed Rate Cut Bets Shape Markets

Yen slipped slightly after a strong weekly gain following PM Takaichi's election win. Japan’s economy grew only 0.2%, while markets watch the Fed's rate cut chances.

Chinese Man Wins 'iPhone' at Party, Finds Tiles Instead, Demands Apology

February 16, 2026

Chinese Man Wins 'iPhone' at Party, Finds Tiles Instead, Demands Apology

A Chinese employee thought he won an iPhone at his company's party. Excited, he opened the box at home and found tiles, chocolates, and lollipops instead. He now demands an apology.

CM Stalin Opens ₹60.68 Crore Flyover at Madhya Kailash Junction in Chennai

February 16, 2026

CM Stalin Opens ₹60.68 Crore Flyover at Madhya Kailash Junction in Chennai

CM M.K. Stalin inaugurated a new ₹60.68 crore ‘L’-shaped flyover at Madhya Kailash junction, easing traffic from Guindy to OMR with a safe, two-lane design.

Hong Kong Government Reviews Year of the Snake Challenges, Plans First City Five-Year Plan

February 16, 2026

Hong Kong Government Reviews Year of the Snake Challenges, Plans First City Five-Year Plan

Hong Kong faced a tough Year of the Snake marked by government slip-ups and public frustration. Chief Executive John Lee Ka-chiu responds with a new five-year city plan aligning to China's national goals.

Big Tech Debt Spurs Surge in Credit Derivatives Trading Amid AI Investment Boom

February 16, 2026

Big Tech Debt Spurs Surge in Credit Derivatives Trading Amid AI Investment Boom

Big Tech companies like Alphabet and Meta are borrowing more, pushing credit derivatives trading to new highs. Banks and investors use protections to manage growing risks linked to trillion-dollar AI spending.

Tamil Nadu Leads India in Hiring Industry Experts as Professors of Practice in Higher Education

February 16, 2026

Tamil Nadu Leads India in Hiring Industry Experts as Professors of Practice in Higher Education

Tamil Nadu tops India in hiring industry pros as professors of practice to bring real-world knowledge into classrooms. Maharashtra and Gujarat follow. UGC data shows 1,841 such hires in 349 institutions nationwide.

India’s Solar Drive Stumbles as Banks Refuse Loans and States Delay

February 16, 2026

India’s Solar Drive Stumbles as Banks Refuse Loans and States Delay

India aims to double solar power by 2030 but faces roadblocks. Loan refusals and state hesitation slow residential solar installations, threatening the shift from coal.

FPI Long-Short Ratio in Nifty Futures Rises to 19.4% Amid Market Volatility

February 16, 2026

FPI Long-Short Ratio in Nifty Futures Rises to 19.4% Amid Market Volatility

Foreign investors’ Long-Short Ratio on Nifty futures jumped to 19.4% last Friday, showing more bullish bets after US-India trade deal hopes. But recent tech sell-off and AI worries cooled sentiment. Experts say market gains are capped as global risks linger.

India's Corporate Earnings Soar, Growth to Accelerate in FY27: Analysts

February 16, 2026

India's Corporate Earnings Soar, Growth to Accelerate in FY27: Analysts

India's companies saw strong profit gains in Q3 FY26 despite new labour code costs. Metals, oil, and banking led growth. Experts expect sharper earnings rise in FY27, boosted by trade deals and sector rotation.