Asian markets stall as investors turn cautious ahead of Nvidia earnings amid AI valuation concerns

U.S. futures trade either side of flat; JGBs under pressure ahead of 20-year auction; Nvidia earnings due after market close

Xiaomi warns of higher smartphone prices due to surging memory chip costs

Global memory chip prices are soaring due to AI boom

Air India lobbies to use China’s sensitive military airspace as losses mount from Pakistan overflight ban

Unusual request comes just weeks after direct India-China flights resumed after a five-year hiatus; Air India’s fuel costs rise by 29% and journey times by three hours on some long-haul routes due to ban by Pakistan 

EU plans to stockpile critical minerals amid US-China tension, FT says

EU has become "collateral damage" in a US-China dispute over rare earths, says industry chief 

Exxon joins Chevron in pursuing assets of Russian Lukoil’s global empire, sources say

Exxon considers options for Lukoil’s assets in Kazakhstan, where both firms have stakes in Karachaganak and Tengiz fields

Google launches Gemini 3, embeds AI model into search engine immediately

CEO Pichai describes Gemini 3 as 'our most intelligent model'

Meta defeats antitrust case over Instagram, WhatsApp acquisitions

Judge cites competition from TikTok, YouTube; Ruling is first decisive win for Big Tech in US antitrust crackdown

Bitcoin rebounds after falling below $90,000, a 7-month low

$1.2 trillion wiped off value of crypto since October 7 as Bitcoin down nearly 30% from pea; Mood is turning quickly, traders say

Gold slips as stronger dollar weighs ahead of Fed minutes, U.S. jobs data

Spot gold down 0.2% to $4,059; U.S. futures dip 0.1% to $4,061.60

Cloudflare restores services after outage impacts thousands of internet users

Outage hits X and ChatGPT as spike in unusual traffic disrupts Cloudflare network, with company reporting no malicious activity and shares falling 2.3% in morning trading

Oil prices fall as rising US inventories reinforce oversupply concerns

Brent crude futures drop 28 cents, or 0.43% to $64.61; US WTI futures fall by 24 cents, or 0.4%, to $60.5 a barrel

Amazon to raise $15 billion in first US bond sale in three years to fund AI push

E-commerce giant files for a six-part bond sale; proceeds may be used for acquisitions and capital expenditures to share buybacks

US is the largest recipient of Chinese loans with $200 billion, study shows

AidData finds China's lending to wealthy countries totalled $2.2 trillion across 200 countries in every region from 2000 to 2023; Britain received $60 billion, EU $161 billion

Trump says ‘we’ll be selling’ F-35s to Saudi Arabia

F-35 sale could mark major shift in regional military balance; Saudis have asked to buy 48 of the stealthy fighters
Chevron Corporation

US Chevron joins race to explore potential purchase of Russian Lukoil’s global assets, sources say

Chevron exploring options to acquire assets in areas where it overlaps with Lukoil, including Kazakhstan oilfields and Nigeria offshore licenses, after US Treasury clearance for discussions