OIL SLIDES FURTHER AS STOCKS SWELL AND DEMAND COOLS
Five-year lows in sight raise new policy questions Crude prices fell again, putting benchmarks on track for a weekly loss as U.S. inventories rose and global demand indicators softened.
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Economy
Business, markets, trade and the economy of everyday life.
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FRANCE TIGHTENS CONTROLS AS CATTLE DISEASE SPREADS NEAR SPANISH BORDER
Emergency steps and trade implications France imposed new restrictions to contain lumpy skin disease in cattle as fresh cases emerged near the Spanish border.
JAPAN’S MEGABANKS PLAN JOINT STABLECOINS FOR CORPORATE PAYMENTS
A unified standard for yen- and dollar-pegged tokens Japan’s three megabanks — MUFG, Sumitomo Mitsui, and Mizuho — plan to jointly issue corporate-use stablecoins pegged to legal tender, aiming to streamline wholesale settlements and supply-chain payments.
OIL NEAR FIVE-YEAR LOWS: WHAT IT MEANS FOR YOUR BILL
Bearish inventories and demand worries Oil prices slid to their lowest level in nearly five years, with U.S. crude settling below $57 a barrel.
US CLEAN-ENERGY PULLBACK COULD ADD 3B TONS OF EMISSIONS BY 2050
Model shows coal and gas higher, wind lower under policy shift A new DNV outlook suggests U.S. power-sector emissions will be far higher…
GLOBAL MARKETS CLIMB AS RATE-CUT HOPES OUTWEIGH TRADE JITTERS
Stocks rally in Europe and Asia after choppy Wall Street session European and Asian stocks advanced as investors bet central banks are edging closer to cutting interest rates.
Apple’s Tim Cook signals fresh China investment as iPhone Air clears key hurdle
Apple’s supply chain calculus in China Apple CEO Tim Cook used a visit to China this week to pledge deeper investment and court developers, as Beijing cleared a lingering eSIM issue for the new iPhone Air.
ADB and World Bank line up financing for ASEAN Power Grid push
New money for regional grids and clean energy The Asian Development Bank is preparing a multibillion-dollar financing package to accelerate Southeast Asia’s cross-border power links, with World Bank participation, according to new reporting.
JAPAN’S CEATEC 2025 OPENS WITH AI, ROBOTICS AND “GREEN ICT”
Tech showcase returns at scale Japan’s flagship digital-tech fair CEATEC opened on October 14 near Tokyo, spotlighting AI, robotics, mobility and energy-efficient computing.
TRUMP AIMS TO SUPERCHARGE U.S. LNG EXPORTS—CAN PRICES STAY LOW?
Policy push vs. market math The White House is pressing for more U.S. liquefied natural gas (LNG) exports to bring down domestic energy prices and project strength abroad.
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