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Apple can't sell iPhone 16 in Indonesia despite securing investment deal

Indonesia banned iPhone 16 sales after Apple failed to meet requirements that smartphones sold domestically should comprise at least 35 per cent locally-made parts

India's 2024 power output growth slowest since Covid-19, shows data

Power output rose 5.8 per cent annually to 1,824.13 billion kilowatt-hours (kWh), an analysis of daily load despatch data from federal grid regulator Grid-India showed

Centre focuses on new strategy to tackle mounting economic challenges

Asia's third-largest economy forecast annual growth of 6.4 per cent in the fiscal year ending in March, the slowest in four years

EU warns of 'serious blow' to climate change policy from Donald Trump

US exit from the Paris Agreement would require other countries to double down on climate diplomacy in response

Samsung's Q4 profit outlook falls short as chip troubles weigh heavily

Samsung's earnings were dented by rising research and development costs and the ramp-up of manufacturing capacity for advanced chips

Honda Motor cautious about new EV production ahead of Trump presidency

Honda will also be cautious about its battery plant plans in Canada, mindful of government regulations and EV market trends

BYD brought hundreds of Chinese workers to Brazil on irregular visas

A total of 163 of those workers, hired by BYD contractor Jinjiang, were found last month to be working in what Brazilian authorities said were slavery-like conditions

Here's how Washington's tag on China's CATL could affect Musk's Tesla

CATL, the world's largest battery maker, is a major supplier of lithium iron phosphate (LFP) batteries to Tesla for its Shanghai factory

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