Saudi Arabia shifts focus from oil to solar energy with ambitious renewable goals

Kingdom aims to generate 50% of its electricity from renewable sources by 2030, spearheading a solar revolution with major projects and investments

Dollar under pressure as US jobless claims rise, inflation edges up ahead of Fed rate cuts

US consumer inflation for August rises at fastest pace in seven months, but remains in line with expectations

Asian markets ride the Fed easing cycle to record peaks

Markets see 100% chance of a 0.25% Fed rate cut next week, with 90% probability of two more cuts this year

Oil prices extend losses on oversupply, US demand concerns

IEA expects oversupply to increase with OPEC output boost; Brent futures fall 30 cents, or 0.45%, to $66.07; US WTI crude drops 31 cents, or 0.5%, to $62.06 a barrel 

India resists full crypto framework, fears systemic risks

Regulating cryptocurrencies would grant them legitimacy; Use of stablecoins could hurt India's digital payments system, document says

Oil prices flat amid weak US demand, softening economy

Brent crude futures up 1 cent, or 0.01%, at $67.50, US West Texas Intermediate futures add 2 cents, or 0.03%, to $63.69

Dollar steady as inflation data and central banks take focus

Markets await US CPI data due later on Thursday; Australian dollar nears strongest level since November

Gold hovers near record high as soft US data fuels rate-cut prospects

Spot gold steady at $3,636.59/oz, after hitting record high of $3,673.95; U.S. gold futures slightly down at $3,676.40

Slim iPhone Air could be a design win for Apple, say analysts

Competitively priced iPhone Air is Apple's thinnest design, uses advanced A19 Pro processor; challenges include single camera and battery life issues; sales expected to outperform Samsung's Galaxy S25 Edge

Oil prices rise after Israeli attack on Qatar, Trump’s Russia tariff push

Brent crude futures rise 35 cents, or 0.53%, to $66.74; US WTI crude futures gain 36 cents, or 0.57%, to $62.99 a barrel

Asia stocks gain, bonds fall as traders judge odds of bigger Fed cut

Market sees 7% odds of half-point Fed cut on Sept. 17; Asian traders take cues from Wall St rise to new record

Trump says U.S. negotiating with India on trade barriers, plans to speak with Modi

U.S. President, in a marked shift of tone, says he looks forward to speaking to Modi in the "upcoming weeks" and expressed optimism that they could finalise a trade deal

Apple launches slimmer iPhone Air, new iPhone 17

Company holds down new iPhone prices amid threats of Trump tariffs

US targets cyber scam networks in Myanmar and Cambodia with new sanctions

Washington links booming scam industry to modern slavery, debt bondage, and tens of billions stolen from Americans

Vietnam exports to US slip as new tariffs take effect

Shipments rise sharply year-on-year but face pressure from Washington’s levies and reliance on Chinese imports