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China mandates chipmakers use 50% domestic equipment for new capacity

China's industry ministry did not respond to a request for comment. The sources did not wish to be identified as the measure is not public.

India's domination of rice export fuels concern over depleting groundwater

In the rice-basket states of Haryana and Punjab, groundwater was reachable at around 30 feet a decade ago, according to 50 farmers and eight water and agriculture officials

Asian shares pulled lower by tech, silver and gold steady after sell-off

On Tuesday, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1 per cent but was set for an annual gain of 26.7 per cent, its best performance since 2017

IndiGo to boost pilot allowances, weeks after mass flight cancellations

IndiGo, which according to government data employs roughly 5,000 pilots, did not immediately respond to a request for comment

Silver retreats from $80/ounce peak, gold softens on profit-taking

Spot platinum slid by 6.9 per cent to $2,281.15 an ounce after touching a record peak of $2,478.50 while palladium plunged 11.9 per cent to $1,694.75 an ounce

Nepal's former rapper to run for PM in key vote after Gen Z protests

Rapper turned-Kathmandu mayor Balendra Shah, aka Balen, a popular elected official, joined the RSP or national independent party, led by a former TV host-turned politician Rabi Lamichhane on Sunday

Rupee faces NDF pressure as bonds watch demand-supply before quarter-end

Beyond the immediate cues, stalled India-US trade talks and ​foreign portfolio outflows continue to weigh on the rupee despite RBI intervention

Zelenskyy to meet Trump in Florida for talks on Ukraine peace plan

Zelenskyy has told journalists that he plans to discuss the fate of eastern Ukraine's contested Donbas region during the meeting at Trump's Florida residence

Hong Kong expects 3.2% growth in 2025, seeks to maintain momentum

The city will focus on developing artificial intelligence and biotech to lead the global race in technology and will strengthen its role as a trade hub

California drops lawsuit against Trump's high-speed rail funding revocation

Originally planned for completion by 2020 at a cost of $33 billion, the project is now forecast to cost between $89 billion and $128 billion, with service now expected to start by 2033

China passes revised foreign trade law to support trade war capabilities

Foreign Trade Law empowers policymakers to hit back against trading partners that seek to curb its exports and to adopt mechanisms such as "negative lists" to open restricted sectors to foreign firms

Zelenskyy to discuss land, security guarantees with Trump on December 28

A security guarantee agreement between Ukraine and the US is "almost ready" and the 20-point plan draft was 90% complete, Zelenskyy told reporters in a WhatsApp chat

China revises aviation law regulating drones, tightening safety rules

Drone manufacturers will be required to assign a unique product identification code to each unit, in accordance with relevant national regulations

China industrial profits tumble at fastest pace in a year amid weak demand

Profits fell 13.1 per cent year-on-year in November, accelerating from a 5.5 per cent drop in October, according to the National Bureau of Statistics (NBS) data released on Saturday

Thailand, Cambodia sign truce to halt clashes after weeks of fighting

The agreement, signed by Thai Defence Minister Natthaphon Nakrphanit and his Cambodian counterpart Tea Seiha, ended 20 days of fighting that has killed at least 101 people

Putin open to territory exchange while demanding full control of Donbas

In essence, Putin wants the whole of Donbas but outside that area "a partial exchange of territories from the Russian side is not ruled out," Kolesnikov wrote in the newspaper

India's water scarcity, state laws creating risks for beverage giants

India bars liquor movement across state borders without permits, forcing companies to set up production in each state despite water scarcity

Russia plans to build nuclear power plant on Moon within a decade

Roscosmos said the purpose of the plant was to power Russia's lunar programme, including rovers

BP agrees to sell 65% stake in Castrol to Stonepeak for $6 billion

The oil major to sell $20 billion worth of assets to help slash its net debt from $26 billion to between $14 billion and $18 billion by the end of 2027

Gold crosses $4,500/oz milestone for first time; bullion up 70% in 2025

As of 6.15 pm Indian Standard Time (IST), gold has been trading at $4490.68/oz. Gold has gained nearly 70 per cent this year, heading for its best annual performance since 1979