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South Korea faces global backlash after President Yoon's martial law decree

The martial law declaration cast doubts over a possible visit next week by the U.S. defense secretary. Japanese media reported he was due to meet South Korean and Japanese counterparts as part

Reserve Bank likely conducting dollar-rupee swaps to support currency

The currency has largely remained under pressure over the last two months on the back of heightened foreign portfolio outflows and a wave of dollar strength sparked by the Donald Trump's victory

Russia sees no grounds for Ukraine talks but mentions peace more frequently

Kyiv, which on Tuesday declared that it would not settle for anything less than NATO membership to guarantee its future security, has also said it will not compromise its territory

Britain and Qatar to sign MoU boosting fintech and green finance ties

The memorandum is being signed during a two-day state visit to Britain by Qatar's emir, Sheikh Tamim bin Hamad Al Thani, who is expected to meet Prime Minister Keir Starmer later on Wednesday

Google Cloud partners with Air France-KLM to enhance operations with AI

Google Cloud said in a statement that the Franco-Dutch airline group's 551 operating aircraft, 93 million passengers carried in 2023, and its commercial and cargo flights generated large amounts

Indian steel mills struggle as cheap Chinese imports flood the market

At small and medium-sized mills, which account for 41 per cent of India's total steel output and employ more than 1.5 million people, capacity utilisation has dropped by nearly a third over the past

Trump mulls replacing Pete Hegseth with Ron DeSantis for Pentagon, says WSJ

DeSantis, who lost his bid for the Republican presidential nomination to Trump, was on an earlier list of potential defense secretary candidates but Trump decided to go with Hegseth, the Journal

Trump's plan for Ukraine in focus: Territorial concessions, Nato off table

Trump repeatedly pledged during his election campaign to end the nearly three-year-old conflict within 24 hours of his Jan. 20 inauguration, if not before then, but has yet to say how

StanChart aims $200 bn in new wealth assets, eyes Chinese, Indian clients

The bank sees good growth opportunities particularly as clients look to move businesses out of China

'Trump trade' twists can adversely affect EM investors as dollar drags down

Since the third week of September, the US dollar has strengthened 4.0 per cent against a basket of EM currencies

China's industries warn US chips no longer safe amid rising trade tensions

China and the US have targeted each other's economies in the last few days, escalating tensions even before US President-elect Donald Trump returns to the White House in January

Marvell forecasts Q4 revenue above estimates due to AI chip demand

Marvell's shares have risen nearly 60% this year as Wall Street has bet heavily on soaring demand for advanced chips that can support the complex processing needs of genAI

Sizzling valuations no bar for Asia data centre deals as AI growth beckons

Many industry executives say the regional data centres will continue to command high valuations due to the nascent nature of the industry

Barclays reaches $19.5 mn settlement over $17.7 bn debt sale blunder

A preliminary settlement of the proposed class action was filed on Tuesday in Manhattan federal court

China's services activity expansion eases in November, shows PMI data

The Caixin/S&P Global services purchasing managers' index (PMI), released on Wednesday, fell to 51.5 from 52.0 in October

Qatar to invest $1.3 bn in climate tech in Britain, Rolls-Royce to benefit

The announcement was made during a two-day state visit to Britain by Qatar's emir, Sheikh Tamim bin Hamad Al Thani

South Korea rushes to stabilise markets after Prez Yoon's martial law bid

The BOK said it will start special repo operations from Wednesday for local financial institutions to support smooth market functioning

AT&T expects over $18 bn in cash flow in 2027, driven by 5G, fiber services

Shares of the company rose more than 4 per cent during the session to their highest level since May 2021

Biden govt not to finalise guidelines on new clean fuel tax credit

Ethanol producers in particular are hoping sustainable aviation fuels will provide market growth

Pernod Ricard denies breaching Indian law, internal probe claims violation

PRI lobbied New Delhi officials in favour of a 2021 law that allowed private retailers to run liquor shops