Apple’s China iPhone sales jumped 22% in month after iPhone 17 launch
New 17 series captures nearly four-fifths of Apple smartphone sales in China since Sept 19 launch
Stocks crumble as hopes fade for imminent Fed rate cut
Nikkei slides 1.5%, South Korea drops 2.8%; Wall St tumbled overnight, bonds retreat
Dollar slumps on worries of what clearing US data fog might show
Dollar falls as investors fret about weakening U.S. economy; Markets split on Fed cut in December
Oil rises 2% after Ukrainian attack damages Russian oil depot
Brent crude futures rise $1.24, or 1.97%, to $64.25 while US WTI rises $1.25, or 2.13%, to $59.94 a barrel
Gold rises, poised for weekly gain on softer dollar
Gold up 4.8% so far this week; Silver set for best week since September 2024
U.S. sanctions leave 1.4 million barrels of Russian oil stranded at sea
JPMorgan warns of mounting export disruptions as India and China cut December purchases
Britain picks North Wales for first small nuclear plant, angering U.S.
London’s choice of Rolls-Royce modular reactors over U.S.-led project sparks diplomatic tension
Gulf stocks slide as weak oil prices and soft earnings weigh on sentiment
Saudi, Dubai, and Qatar indices lead regional losses; Aramco and major banks drag down markets
China’s Baidu unveils new AI processors, supercomputing products
Products can provide Chinese companies with powerful, low-cost and domestically controlled computing power, says BaiduÂ
TotalEnergies said to weigh sale of Asian renewable energy assets
Assets for sale could be valued at several hundred million dollars, Bloomberg News reports
Gold rises for fifth straight session as Trump signs deal to lift shutdown
Spot gold inches up 0.4% to $4,214.52 per ounce; US gold futures for December delivery rise 0.1% to $4,218.20 per ounce; yellow metal prices have surged 60% year-to-date
Trump signs deal to end longest US government shutdown in history
House votes to advance funding package to end 43-day shutdown; Democrats oppose package due to lack of healthcare subsidies
US freezes flight cuts at 6% as air traffic control absences shrink
U.S. airlines canceled 900 flights on Wednesday; Normal operations could hopefully resume in a few days
Oil extends losses on US inventory build, OPEC forecast shift
OPEC report says oil supply will match demand in 2026; IEA sees oil, natural gas demand growing through 2050
IEA revises outlook, predicts global oil and gas demand growth until 2050, casting doubt on climate targets
International Energy Agency's new forecast suggests slower transition to cleaner fuels;Â LNG supply to grow 50% by 2030