In today’s newsletter, we take a look at the performance of the banking sector and what that says about the economy. Plus, India is alarmed by China’s plans to build the world’s largest dam in Tibet.

On Monday, Nvidia suffered a loss of $589 billion, the largest in histore, driven by the rise of China's AI app DeepSeek on Apple's app store.

India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and dollar/rupee swaps, which analysts and traders said could be a ...