A global frenzy to build AI data centres and develop the fast-evolving technology has sent orders for advanced high‑bandwidth memory microchips soaring

Spot gold shot up 2.6 percent to $5,538.69 an ounce by 0349 GMT

The dollar struggled to bounce back Wednesday following another selloff fuelled by Donald Trump’s suggestion he was happy with the currency’s recent decline, while tech firms helped most Asian equity markets extend their rally.

SoftBank Group Corp is in talks to invest as much as an ​additional $30 billion in OpenAI, a person familiar with ‌the matter said on Tuesday, as the Japanese conglomerate doubles down on its bet on the ChatGPT owner.

Adversity sometimes moves things along like nothing else. Under pressure from the threat of Washington’s tariffs, India and the European Union on Tuesday agreed the contours of a trade deal after muddling through stop-start negotiations for nearly 19 years.

The jump came after the US president expressed indifference to the greenback's latest decline

US gold ‌futures for February delivery surged 3.1% to $5,237.70 per ounce

Here is what Brussels and New Delhi agreed in what Modi called the "mother of all deals"

Trump did little to dismiss that when asked Tuesday if he was worried about the decline.

Gold rose on Tuesday as geopolitical uncertainty underpinned safe-haven demand, while silver surged 8 percent to hover near all-time highs.

Donald Trump’s new brand of imperialism doesn’t sit well with the dollar. The greenback dropped against other major currencies as the US president talked about taking control of Greenland, and continued falling even after he backed down. The issue is less that geopolitical animosity can unseat the dollar as the world’s dominant currency, and more that it can erode a key benefit: financial surveillance and sanctions power.

The special envoy to the chief adviser briefed the media about Bangladesh’s engagement at the WEF

Despite the only modest overall sales growth, consumers continued to shift towards hybrid and battery-electric vehicles

The EU has eyed India -- the world's most populous nation -- as an important market for the future

Drawing in foreign investors following the ouster of Nicolas Maduro

US President Donald Trump said Monday that he would raise tariffs on South Korean goods including autos, lumber and pharmaceuticals

Bangladesh has become the eighth-largest market for US wheat in 2025, following last year’s contracts to purchase the staple from the American market, US Ambassador to Bangladesh Brent T Christensen said yesterday.

The dollar fell in Asian trade Monday amid speculation US officials could join their Japanese counterparts to help support the yen after a recent sell-off, while equities started the week on a mixed note.

China said on Monday that a preliminary trade deal with Canada “does not target any third parties” after the United States threatened to impose 100-percent tariffs on Canadian products if the agreements were finalised.

Samsung Electronics plans to start production of its next-generation high-bandwidth memory (HBM) chips, or HBM4, ​next month and supply them to Nvidia, a person familiar ‌with the matter told Reuters on Monday.