Nokia chair to step down, AI push supports Q4 profit
Jan 29 (Reuters) – Finland’s Nokia (NOKIA.HE), opens new tab said on Thursday that longtime chair Sari Baldauf…
China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
SpaceX’s planned IPO expected to develop space AI data centre buildout China’s plans for space tourism signal a…
Australia’s hotter Q4 core inflation fuels bets for rate hike next week
Core Q4 inflation rises to uncomfortable level, puts RBA on high alert Headline inflation also accelerates in December,…
US calls Taiwan ‘vital partner’ after high-level tech and AI talks
Item 1 of 2 Taiwan’s Premier Cho Jung-tai speaks at a press conference about U.S.-Taiwan trade deal in…
China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Brazil corporate profit remittances hit record before new tax
Record $18 billion profit remittances in December, central bank data shows New 10% tax on profit remittances starts…
Explainer: How Singapore’s unique monetary policy works
SINGAPORE, Jan 26 (Reuters) – Singapore’s central bank has a unique method of managing monetary policy, tweaking the…
DOJ withdraws demand for Los Angeles hospital to turn over transgender minors’ records
Jan 23 (Reuters) – The U.S. Department of Justice has agreed to withdraw a subpoena demand that Children’s…
Brazil central bank to start cutting rates in March to boost weak economy
BUENOS AIRES, Jan 23 (Reuters) – Brazil’s central bank will likely start cutting interest rates for the first…
Largest European pension fund ABP cut back US Treasury holdings last year
LONDON, Jan 23 (Reuters) – The value of the U.S. Treasuries held by Dutch pension fund ABP, Europe’s…
BOJ stands pat but primes market for more hikes with hawkish inflation signals
BOJ keeps key policy rate steady at 0.75% as widely expected Board revises up growth forecasts for fiscal…
Intel struggles to meet AI data center demand, shares drop 13%
CEO Tan focuses on cost-cutting and new product road map Intel’s new manufacturing tech faces yield challenges, affecting…