Ford terminates $6.5 billion EV battery deal with South Korea’s LG energy solution

Policy shifts and weaker EV demand cited as automaker scales back electric vehicle production

Gulf equities slip amid cautious trading after mixed U.S. jobs data

Investors await U.S. inflation figures as Fed rate path remains uncertain

India’s Russian oil imports show resilience despite sanctions, sources say

Russian crude exports to India projected at 1.2 million bpd in December; New Delhi remains top buyer despite US pressure to limit imports

Global coal demand hit record high this year but is set to decline by 2030, IEA says

Renewables, nuclear, and gas set to challenge coal dominance by 2030; India's coal use drops, US sees rise, China leads global consumption

Trump adds seven more countries to full travel ban list

White House says expanded ban goes into effect January 1; Burkina Faso, Mali, Niger, South Sudan, Syria subject to travel ban; Additional 15 countries face partial restrictions 

Silver soars above $65, Gold edges higher on soft US jobs data, rate cut expectations

Silver hits record high, gold rises as softening US labor market fuels demand for precious metals

Shares hesitant after US jobs data, oil jumps on Venezuela blockade

SINGAPORE: Asia shares were hesitant on Wednesday after a mixed U.S. jobs reading failed to move the needle on the rate outlook...

Oil soars over 1% as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela

Prices up but rally tempered by wider market oversupply; Prolonged disruption may lift heavy crude prices

AI boom seen lifting chipmaking equipment sales 9% to $126 billion in 2026

Taiwan to expand leading-edge chip capacity; South Korea invests in AI-driven memory chips by Samsung and SK Hynix

Apple in talks with Indian chipmakers to assemble, package iPhone components, ET reports

Apple in talks with CG Semi, Murugappa Group subsidiary, over OSAT facility in Gujarat

Trump orders ‘blockade’ of sanctioned oil tankers leaving, entering Venezuela

Oil prices rise over 1% after blockade announcement; Trump designates Venezuelan "regime" as foreign terrorist organization; Venezuela rejects "grotesque threat"

Gulf equities slide on weaker oil and global market decline ahead of U.S. data

Saudi and Qatari markets hit three-month lows as crude drops below $60 a barrel

Chip equipment sales set for strong growth on AI-driven capacity expansion

SEMI forecasts global wafer fabrication equipment market to reach $135 billion by 2027

India says no dumping in premium basmati rice exports to US

Trump last week warned India of more tariffs on rice, accused New Delhi of dumping exports in US market

Ford Motor retreats from EVs, takes $19.5 billion charge as Trump policies grip industry

$19.5 billion writedown includes $8.5 billion for cancelled EV models; Trump policies reduce federal support for EVs, affecting sales and demand