Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company.

At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates

Little-known China startup allegedly spent $5.5 million, and used sub-optimal Nvidia chips, on an AI model that rates with the best created by US tech giants; this caused Nvidia and other tech shares to sink

The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export

"The likelihood of achieving the BOJ's outlook has been rising," the central bank said, as many firms say they will continue to raise wages steadily in this year's annual wage negotiations

Nobel laureate now heading Bangladesh's interim govt said Hasina's government faked the country's growth data "and nobody questioned that".

WTO director-general Ngozi Okonjo-Iweala warned that tariffs of 25% or 60% could trigger tit-for-tat reprisals that return the world to the economic crisis of the 1930s

Tech giant, which owns TikTok, but may soon be permitted its sell its US arm, will spend half of that amount abroad on AI-related infrastructure, such as data centres and networking equipment, sources say

Trump noted on his first day in office the de minimis law, which allows over a billion products to be mailed to the US every year, is unlikely to survive for long

Trump announced the deal with OpenAI's Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison, saying it is the "largest AI infrastructure project in history"

Trump has ordered US agencies to review US trade deficits, unfair trade practices and currency manipulation; fentanyl is also a hot topic.

Currency traders and stock markets have been rocked by Trump's return to the White House, which has brought joy and disappointment. Investors are still trying to envision how things will play out