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Asian stocks slip as strong dollar reflects steady US economy, rate outlook

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 per cent, with Japan's Nikkei down 0.8 per cent

China exports push Nippon to seek growth in US, India after blocked deal

Japan's top steelmaker, battling declining domestic demand, made the $14.9 billion bid for the US producer in an attempt to grow its footprint in a stronger market

Trump declines to rule out military action to take Panama Canal, Greenland

He reiterated his interest in making Canada into a US state and criticized American spending on Canadian goods and military support for Canada, one of the country's closest allies

Dollar advances as Fed likely to slow rate cut pace after US jobs data

The greenback rose to a near six-month peak after the US data. It was up 0.4 per cent at 158.195 yen. Earlier in the global session, the dollar hit its highest since July of 158.425 yen

US job openings rise unexpectedly to 8.1 million in November, hiring falls

Job openings, a measure of labor demand, rose 259,000 to 8.098 million by the last day of November, the Labor Department's Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey

China's Shandong Port bans US-sanctioned tankers from calling into its port

The province imported about 1.74 million barrels per day (bpd) of oil from Iran, Russia and Venezuela last year, accounting for about 17 per cent of China's imports

Opec oil output falls in December on drop in UAE, Iran production: Report

The Organization of the Petroleum Exporting Countries pumped 26.46 million barrels per day last month, down 50,000 bpd from November

India's fuel consumption rises 2.1% to hit seven-month high in December

On a monthly basis, fuel demand was up over 1 per cent from 20.46 million tons in November, data from the Petroleum Planning and Analysis Cell's (PPAC) website showed

US trade deficit widens in Nov as goods imports surge 3.4% to $351.6 bn

Imports rose 3.4 per cent to $351.6 billion. Goods imports surged 4.3 per cent to $280.9 billion. They were driven by a $3.7 billion increase in industrial supplies and materials

Trump Jr visits Greenland after his father suggests US ownership of Nuuk

The visit to a freezing, snow-covered Nuuk was expected to last four to five hours, and no meetings were scheduled with government officials, a local official told Reuters

Biden administration negotiating with Taliban to exchange detainees: Report

Biden's administration is seeking the return of three Americans seized in 2022 - Ryan Corbett, George Glezmann and Mahmood Habibi - in exchange for Muhammad Rahim al-Afghani

Meta replaces fact-checking programme in US with 'Community Notes' model

A program intended to inform too often became a tool to censor, Meta said

Dollar falls as markets ponder proposed Trump tariffs, US data in focus

Investors have been pricing in a scenario where the implementation of widespread tariffs could boost US inflation, potentially limiting the Federal Reserve's ability to cut interest rates

Banks' profitability at inflexion point, to moderate in FY26: India Ratings

The rating agency said in a release that banks' rapid improvement in financial metrics seen over financial years 2021 to 2024 is likely to have peaked and will see an "inflexion point" in 2024-25

Have been talking with Xi Jinping through aides, says President-elect Trump

Trump, who takes office on Jan. 20, described Xi as a strong and powerful man who he said was revered in China

Tesla supplier Panasonic Energy to cut dependence on China for EV batteries

Panasonic Energy, which supplies batteries to Tesla and other automakers, is a unit of Japanese electronics giant Panasonic

Toyota backs Japanese space startup Interstellar to mass-produce rockets

As part of the capital and business tie-up, Woven will appoint a director to IST's board and support rocket production by strengthening supply chains and corporate governance, IST said

Samsung Q4 earnings likely to be hit by Nvidia AI chip supply delay

A slew of analysts have cut their earnings estimates in recent weeks, with some expecting operating profit to fall below 8 trillion won

Nvidia CEO unveils robot training tech, Toyota deal, new gaming chips

Nvidia introduced what it calls Cosmos 'foundation' models that generate photo-realistic video which can be used to train robots and self-driving cars at a much lower cost than using conventional data

Fed's Michael Barr to resign early to avoid legal fight with Trump

Barr's early exit now clears the way for Trump, who will be sworn in on Jan. 20, to appoint an entirely fresh slate of banking regulators and begin work on a more industry-friendly agenda