IMF urges Asia to cut trade barriers to beat US tariffs
Intra-Asia trade grows amid US tensions and AI demand; IMF raises 2025 growth outlook but warns of slower expansion in 2026
US President Trump pardons Binance founder, White House says
Changpeng Zhao says he will help make America the capital of crypto after being prosecuted by the Biden administration in its “war on cryptocurrency”
Gold gains as US sanctions on Russia, China export curbs lift safe-haven demand
Spot gold rises 0.6% to $4,119.54; U.S. futures up 1.7% to $4,134.60; silver climbs 1.6% to $49.28 per ounce
Google says it has developed landmark quantum computing algorithm
New algorithm calls Quantum Echoes, which runs on the company's quantum chip, is 13,000 times faster than the most sophisticated classical computing algorithm on supercomputers, Google says
Indian refiners review Russian oil contracts after US sanctions, source says
Indian Oil, Bharat Petroleum, Hindustan Petroleum and Mangalore Refinery review Russian crude shipments to ensure compliance with sanctions on Russia’s Rosneft, Lukoil
Dollar edges up ahead of US inflation data, trade news; yen slips
Currency trading subdued in absence of clear new catalysts
Trump administration in talks to take stakes in quantum-computing firms, WSJ reports
Quantum firms in talks with U.S. government over equity deals, including IonQ, Rigetti and D-Wave
Oil rises 2.5% after US sanctions on major Russian crude suppliers
US says it is prepared to take further action as it called on Moscow to agree immediately to a ceasefire in the Ukraine war; Britain sanctioned Rosneft and Lukoil last week
Asian markets retreat on potential new US trade curb against China
Chinese stocks lower as White House prepares fresh export curbs
US mulls curbs on exports to China made with US software, sources say
Trump administration considers potential escalation in China trade war; Measure could restrict shipments to China of goods containing or made with U.S. software
US hits top Russian oil companies with sanctions, EU bans Russian LNG
First Ukraine-related sanctions on Russia in Trump's 2nd term target Moscow’s top two oil companies
Gold regains ground as uncertainty, rate outlook lift safe-haven demand
Spot gold rises 0.3% to $4,134.37; U.S. December futures up nearly 1% at $4,147.10 per ounce
Ukraine and Middle East conflicts boost US arms makers profits
Lockheed Martin secures $12.5bn Pentagon deal for 296 F-35 jets as global conflicts boost demand for missiles, munitions, and air defenses
Oil maintains gains on supply risks and US plan to refill strategic reserves
Brent crude rises 0.29% to $61.50 a barrel, while U.S. West Texas Intermediate gains 0.37% to $57.45
India nears deal to slash US tariffs on Indian imports to 15%-16%, report
Deal, which hinges on energy and agriculture, may see India gradually scale back its imports of Russian crude oil, Mint reports