Japanese investment in Indian finance hits record as business ties tighten
Tokyo drawn to vast market where Chinese competition is limited by geopolitical tensions
Tokyo drawn to vast market where Chinese competition is limited by geopolitical tensions

China’s resurgence and excitement over AI leave India behind

Investors’ bet on AI boom and Tokyo’s ability to withstand trade turmoil buoy shares

RBI has reduced borrowing costs by 1.25 percentage points since last year

Infrastructure will let banks deliver short-term loans more easily but encouraging take-up could prove difficult

Also in today’s newsletter: Demand for Japanese bonds reassures jittery markets, and OpenAI declares ‘code red’ over ChatGPT

Tokyo officials contest Washington’s claim that American investors assured of vast share of profits from joint investment