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
Crypto treasury companies pivot to fringe tokens, stoking volatility fears
Bitcoin slump diverting attention to lesser-known tokens; Private sales to investors raise at least $15 billion this year
China suspends port fees on US-linked ships for a year
Reciprocated pauses are in line with agreements reached by US President Trump and Chinese President Xi during a summit in South Korea last month
Visa, Mastercard agree to $38 billion settlement in swipe fee antitrust case
Accord aims to lower fees and provide merchants more payment flexibility after 20 years of litigation
U.S. containerized imports fall 7.5% in October amid China slowdown
Shipments from China drop 16.3% as importers remain cautious over tariff policies
Thailand approves $3.1 billion in data centre projects
Board of Investment also moves to unlock $9.2 billion in stalled investments
Shares rise on optimism over potential end to US government shutdown
Nasdaq futures up 0.8%; S&P 500 futures up 0.5%; Potential end to U.S. government shutdown buoys market mood
Dollar steady as growth worries tempered by hopes shutdown may end soon
Dollar weakened during previous three sessions; Yen slips on signs Takaichi government may water down fiscal consolidation
Oil gains on optimism US government to reopen soon
Brent crude futures rise 47 cents, or 0.74%, to $64.10; US WTI crude remains at $60.25 a barrel, up 50 cents, or 0.84%
China suspends ban on exports of gallium, germanium, antimony to US
Suspension takes effect from Sunday until November 27, 2026, says Chinese commerce ministryÂ
US flight delays, cancellations accelerate as air traffic controller shortages surge during shutdownÂ
FAA mandates flight cuts at 40 major airports due to safety concerns; Thanksgiving travel disruptions could impact US economic growth, Hassett warns
US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety
Consumer sentiment index drops to 50.3 in early November as shutdown blamed for deterioration in sentiment
India signs deal to buy 113 US engines for its Tejas fighter jets
Tejas Mk-1A jets crucial for India’s plan to rebuild shrinking air force fleet, replace ageing fighters amid China’s military buildup and support for Pakistan