Trump signs bill to end longest U.S. government shutdown

Danish shipping giant Maersk is set to take over the development and operation of Bangladesh’s Laldia Container Terminal (LCT) in Chattogram under a $550 million deal, marking one of the country’s largest-ever foreign investments in port infrastructure.

Oil prices fell sharply on Wednesday after OPEC revised its outlook for the global market, now expecting supply and demand to be balanced by 2026 rather than running a deficit. The change, outlined in the group’s latest Monthly Oil Market Report, sparked a sell-off that sent Brent crude down 3.7% to $62.77 a barrel and West Texas Intermediate sliding 4.1% to $58.55 by early afternoon in New York.

Australia and Indonesia have agreed in principle to a new defence treaty that will significantly upgrade their cooperation on regional security and defence matters.

China has announced plans to allow greater private investment in major state-led energy and infrastructure projects as part of efforts to boost economic growth and investor confidence. Under a new directive, private investors could hold stakes of more than 10 percent in select projects, marking a significant policy shift.