BEIJING, Oct 14 (Reuters) – China’s producer prices rose at their fastest pace in more than four years in September while consumer inflation edged up, as higher oil and commodities lifted factory-gate costs even as weak domestic demand kept broader price pressures contained. The data…
SEOUL, Oct 14 (Reuters) – SK Group Chairman Chey Tae-won has agreed the sale of a 1.34% stake in holding company SK Inc to an investment fund linked to Dell Technologies founder Michael Dell for 544 billion won ($406 million), a regulatory filing showed on…
By Jiaxing Li HONG KONG, Oct 14 (Reuters) – Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of U.S. inflation data later in the…
By Yuka Obayashi TOKYO, Oct 14 (Reuters) – Oil prices climbed on Wednesday as traders weighed supply risk from fighting between Yemen’s Iran-allied Houthis and Saudi Arabia against the prospect of increased diesel from Russia. Brent crude futures rose 89 cents, or 0.8%, to $106.58…
BHUBANESWAR, India Oct 14 (Reuters) – A boat capsized in India’s eastern state of Bihar, drowning 13 people, most of them children, police said, while six aboard were rescued. The boat overturned on Tuesday in the state’s central district of Vaishali, while carrying passengers to…
By Rocky Swift TOKYO, Oct 14 (Reuters) – The dollar languished on Wednesday as traders awaited fresh signals on the timing for interest rate hikes to contend with persistent inflation. The greenback weakened from an 18-month high in the previous session as oil prices eased…
Oct 13 (Reuters) – Anthropic asked a US appeals court on Tuesday to reconsider a ruling that upheld the Pentagon’s decision to label the AI company as a national security supply chain risk over a dispute about safety guardrails on its technology. • A federal…
By Scott Murdoch and Roshan Thomas SYDNEY, Oct 14 (Reuters) – Commonwealth Bank of Australia CEO Matt Comyn said on Wednesday Australia must ensure more of the economic benefits created by AI remain in the country while regulation should work to build trust in the…
By Xinghui Kok SINGAPORE, Oct 14 (Reuters) – Singapore’s central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to expand at a firm pace and inflation tipped to step down from mid-2027. Singapore’s central bank…
By Parisa Hafezi, Jonathan Saul and Phil Stewart DUBAI/LONDON/WASHINGTON, Oct 14 (Reuters) – Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials…
