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
Asian markets advance as US shutdown set to end
Sentiment improves after the US Senate passes a bill to end the longest government shutdown, say analystsÂ
Global EV sales growth hits 23% to 1.9 million units in October, research firm says
Europe leads regional EV growth with strong demand in Germany, France and the UK; China accounts for more than half of global EV sales
Asian equities witness over $10 billion foreign outflows in November as AI rally stalls
Stock markets in Taiwan, South Korea, India, Thailand, Indonesia, Vietnam, and the Philippines see the highest outflowsÂ
Adani Group unveils India’s largest battery energy storage project
1,126 MW / 3,530 MWh system to deploy over 700 containers; full commissioning by March 2026
Gold rally eases as dollar edges higher, investors cash out
Spot gold falls 0.5% at $4,107.41 per ounce after hitting its highest since October 23 on Tuesday; US gold futures for December delivery edge 0.1% lower to $4,113.80 per ounce
Oil prices dip in early Asian trade as oversupply concerns outweigh US shutdown optimism
Brent crude futures fall 13 cents, or 0.2%, to $63.93; US WTI down by 13 cents, or 0.2% to $60 a barrel
Asian stocks rise on optimism over potential US government shutdown deal
Nasdaq rises 2.3% to recover much of the losses inflicted last week; Nikkei rises 0.7%; China, Hong Kong markets also rise
Gold climbs nearly 3% to two-week peak as soft economic data cements rate cut bets
Spot gold climbs 2.8% to $4,111.39 per ounce after hitting its highest level since October 24 earlier in the session