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Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

Dhaka has been behind on payments to Adani Power since supply started in July 2023

South Korea's Yoon willing to represent himself in legal proceedings

Yoon, who is an ex-prosecutor, shocked the nation on Dec. 3 when he declared martial law in a late night televised address

India, US bond yield spread at near 2-decade low, may affect foreign flows

US yields surged while the slower pace of rise of Indian yields led to a tighter spread or the interest rate gap between the two countries

Ukrainian strikes refinery in Russia's Rostov with missiles and drones

As Russia advances at the fastest pace since the start of the war in 2022, Ukraine has repeatedly tried to strike Russia's oil infrastructure

European car sales decline in November, led by France and Italy: ACEA

The slowdown in electric vehicle (EV) sales was only partly offset by the growth of hybrid-electric car registrations

Corruption may hinder Chinese military modernisation goals, says Pentagon

Since last year, China's military has undergone a sweeping anti-corruption purge

Apple in talks with Tencent, ByteDance to roll out AI features in China

Apple's discussions with Tencent and ByteDance on using their AI models are at a very early stage

Volkswagen, labour unions continue talks over plant closures and pay cuts

Talks have been ongoing since Monday in hopes of reaching an agreement before Christmas to prevent massive strikes

EU leaders to send clear message to Trump about their support to Ukraine

The leaders will host Ukrainian President Volodymyr Zelenskiy at the start of their talks in Brussels

BOJ keeps rates steady; dissent signals potential tightening next year

As widely expected, the nine-member BOJ board voted 8-1 to keep its short-term policy rate unchanged at 0.25

Trump, not yet in office, already a figure in global economic policy

The Fed cut rates as expected on Wednesday amid a busy year-end run of central bank meetings from Ottawa and Frankfurt to Tokyo and London

US considers ban on China's TP-Link over security concerns: Report

The US Cybersecurity and Infrastructure Agency said TP-Link routers had a vulnerability that could be exploited to execute remote code

Amazon workers to strike at multiple US warehouses during holiday season

The strike could disrupt Amazon's operations as it races to fulfill orders during its busiest season of the year

US govt to extend airbag probe, delays recall for 50 million vehicles

NHTSA had argued at a hearing in October 2023 that inflators produced by two airbag manufacturers, ARC Automotive and Delphi Automotive, should be recalled

Apple hits out at Meta platforms' numerous interoperability requests

Under the European Union's landmark Digital Markets Act that took effect last year, Apple must allow rivals and app developers to inter-operate with its own services

Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited

Asian stocks have taken the cue from Wall Street, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1 per cent

Wall Street falls sharply as Fed signals slower rate cuts next year

For the Dow it was its tenth consecutive daily loss, marking its longest losing streak since 1974 and its biggest daily percentage decline since early August

Fed cuts key interest rates by 0.25%; reverse repo rate lowered to 4.25%

Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that's widely viewed as a proxy for excessive liquidity in the financial system

US Supreme court to hear appeal by TikTok's Chinese parent firm against ban

The dispute comes at a time of growing trade tensions between the world's two biggest economies after President Joe Biden's administration placed new restrictions on the Chinese chip industry

Bain goes hostile as Fuji Soft battle with KKR intensifies: Report

The estimated $2 billion bid for just under half of the Japanese IT firm's shares likely portends a rare hostile tussle between the two global private equity giants