DeepSeek sparks debate over Japan’s 20% energy demand projection
As AI adoption grows, policymakers and industry assess its impact on Japan’s energy landscape
Cryptocurrency market sees sharp selloff as trade tensions escalate
Trump’s own cryptocurrency, $TRUMP, slips below $20, a sharp decline from its January 19 peak of $73
Dollar strengthens as Canadian dollar, yuan, and peso hit multi-year lows
The euro drops to its weakest level in over two years, and the Swiss franc slips to its lowest since May
Canada, Mexico, and China retaliate against Trump’s new tariffs
Taiwan announces plans to assist Taiwanese businesses in relocating operations to the U.S. to avoid tariffs
Saudi bourse falls on Trump tariff plan; Qatar gains
Saudi Arabia’s stock market ended lower on Sunday after U.S. President Donald Trump announced tariffs on Canada, Mexico and China, while the...
Volkswagen sues India to quash ‘enormous’ $1.4 billion tax demand, legal filing shows
NEW DELHI: Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of $1.4 billion, arguing the ask is contradictory...
Trump enforces 25% tariffs on Canada and Mexico, and 10% on China
No action from Canada, Mexico, or China could prevent the decision, says Trump
India’s economy forecast to grow 6.3%-6.8% in 2025/26, sources say
The forecast suggests economic conditions will remain sluggish next year.
Consumers sue Amazon for tracking movements without consent
The complaint alleges Amazon violated California laws on unauthorized access, seeking damages for millions of Californians
Trump Media’s Truth.Fi aims to enter FinTech and crypto markets
Truth.Fi products and services are expected to launch in 2025 after securing funding and obtaining necessary financial regulatory approvals
Microsoft, Meta push high-cost AI despite DeepSeek’s low-cost alternative
Microsoft spends $80 billion and Meta $65 billion in AI, but DeepSeek develops its model with $6 million
Toyota tops global sales for fifth year despite a 3.7% decline in 2024
Toyota’s parent-only sales drop 1.4% to 10.2 million, while hybrids account for 40.8%
US Fed expected to hold rate steady despite Trump pressure to cut
WASHINGTON: After three interest rate cuts in a row, the US Federal Reserve is expected to signal it will remain on pause...
DeepSeek falls behind western rivals in NewsGuard audit
Results show an 83% fail rate compared to average 62% fail rate of Western AI chatbots in a NewsGuard audit
Major Gulf markets fall on weak earnings; Al Rajhi Bank lifts Saudi index
Dubai's main index falls by 1%, while Abu Dhabi's falls by 0.3%