By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – A key Asia stock index has gained its biggest lift in earnings projections in more than three years, as the region’s semiconductor[...]
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August 29, 2024
Morning Bid: Nvidia watch party over, back to inflation vigil
A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as AI darling Nvidia failed to meet expectations of investors who were not satisfied with its profits,[...]
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South Korea to ask Telegram, other social media firms to help tackle digital sex crimes
By Hyunsu Yim SEOUL (Reuters) -South Korean authorities called on Telegram and other social media platforms on Wednesday to work together with them in deleting and blocking sexually explicit deepfake[...]
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U.S. travelers set to end summer on a high note with record Labor Day air travel
By Shivansh Tiwary (Reuters) – U.S. airlines and airports are gearing up for the busiest Labor Day weekend, as a record number of travelers pack their bags and prepare to jet off to squeeze one[...]
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Air New Zealand warns of tough year ahead after profit drop, shares fall
(Reuters) -Air New Zealand reported a 61% drop in annual profit on Thursday and warned of potential impacts from sticky inflation, intense competition and engine-related maintenance issues in the firs[...]
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J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
(Reuters) – U.S. electric vehicle (EV) sales are expected to reach just 9% of the market this year, consulting firm J.D. Power said in a report on Wednesday, lowering its previous forecast of 12[...]
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SK Hynix develops sixth-gen DRAM chip that uses less power
SEOUL (Reuters) -SK Hynix, world’s second-largest memory chip maker, said on Thursday it had developed the industry’s first sixth-generation 10-nanometre dynamic random access memory (DRAM[...]
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