Visa leans into AI-enabled payments and stablecoins to stay ahead of the game in Asia

Asian stock markets experienced a decline following disappointing GDP data from Japan and cautious outlook from Nvidia. The weak performance of Japan's economy has raised concerns among investors, contributing to the overall negative sentiment in the region's markets. Nvidia's caution regarding future performance has further exacerbated these concerns, leading to a broader sell-off in Asian equities. Investors are closely monitoring these developments as they could signal potential challenges for the region's economic recovery.

Billionaire investor Jean Eric Salata faced significant challenges during his initial investment efforts in Asia, particularly in India, where he recorded five write-offs and incurred mounting losses totaling hundreds of millions of dollars. The difficulties prompted him to change his computer password to 'perseverance' as a motivational reminder to continue his endeavors.

The NMACC has announced that the globally acclaimed musical Wicked will make its Indian debut on November 16, 2025. This event is being hailed as a watershed moment for live theater in Asia, marking a significant milestone in the cultural landscape of the region. The introduction of such a popular production is expected to attract a diverse audience and elevate the standards of theatrical performances in India.

Small business owners are facing increased costs due to credit card fees, with some merchants implementing a 2.5% financing fee for credit card transactions. Additionally, a minimum purchase of $10 is now required for credit card use at certain stores. This shift raises concerns about the sustainability of small businesses and the potential for customers to be discouraged from using credit cards, which have become a standard payment method. The implications of these changes could lead to further complications for merchants and their customers.

Saudi Arabia's Public Investment Fund (PIF) has divested from nine American companies, including Visa and Pinterest, ahead of Crown Prince Mohammed bin Salman's visit to the White House. This strategic move reflects the PIF's ongoing adjustments in its investment portfolio as it seeks to optimize returns and align with the Kingdom's broader economic goals. The timing of the divestment coincides with significant diplomatic engagements, highlighting the intersection of finance and international relations.