World

Both governments highlighted a strong push toward expanding digital-economy ties, strengthening financial linkages, and accelerating the use of local currencies in bilateral trade.

The US had last year in December launched 'Pax Silica', a strategic initiative to build a secure, prosperous, and innovation driven silicon supply chain-from critical minerals and energy inputs to advanced manufacturing, semiconductors, AI infrastructure, and logistics.

PM Ibrahim said Malaysia could secure more ways and opportunities to collaborate with India to extend trade beyond $18 billion in 2025.

A major highlight is the launch of the new Consumer Price Index (CPI) series with a 2024 base year on Thursday.

Washington Post Chief Executive Officer Will Lewis resigned, days after the newspaper laid off several hundred staffers in a move that triggered a backlash against billionaire owner Jeff Bezos.

Officials at the White House defended the post when it surfaced on Friday, but it was taken down around 12 hours later, as per a Reuters report.

Washington said it will continue to hold Tehran and its partners accountable so long as the regime seeks to evade sanctions and channel oil revenues into oppressive behavior, terrorism, and support for proxy groups.

Theres widespread skepticism among analysts that the two countries can reach a deal.

The report also showed consumers grew more sanguine about the short-term inflation outlook.

The attack came less than three months after a suicide bomber killed 12 people in a blast outside a district and sessions court building in Islamabad.

European climate and energy policies are set to be among the issues discussed by the EU leaders at their informal gathering in Belgium on Feb. 12.

The commodities market witnessed heavy selling in the precious metals space, with silver plunging 15% and gold declining around 5%.

Trump said the conversation was an hour long and that in addition to his spring visit to China, Xi planned a trip to US "toward the end of the year."

Apple shares rose 1.8% amid tech sector declines, surpassing Alphabet to become the world's second-largest company with a market cap over four trillion dollars.

Jaishankar highlighted India's efforts towards greater resilience through initiatives including National Critical Minerals Mission and Rare Earth Corridors.

Japan's currency has weakened for the past four trading days, and is approaching 157 against the dollar on Thursday morning.

Markets put the chance of a quarter point rate cut at less than 1% and only one of 32 economists surveyed expects a reduction.

Stocks of AI-linked IT giants plunged to red with Palantir Technologies Inc. trading nearly 10% lower $142.73

Jaishankar and Rubio discussed formalising bilateral cooperation on critical minerals exploration, mining, and processing, the State Department said.

A group of House conservatives had threatened to use procedural manoeuvres to block the deal, but relented after Trump demanded they vote to pass the measure.