The financial desks we read, gathered in one place. Stories we are licensed to carry are reproduced in full with the writer credited; everything else is a headline and a short quotation that links straight to the publisher.
CNA Economy Full text
SEOUL, Oct 23 : South Korean chipmaker SK Hynix has decided not to pursue a US initial public offering of its subsidiary Solidigm, South Korean newspaper Korea Economic Daily reported on Friday, citing unnamed industry sources.SK Hynix did…
CNA Economy Full text
WASHINGTON, Oct 22 : The Federal Communications Commission said on Thursday it has granted a waiver to Intel from its ban on some foreign-made advanced robotics.The FCC said it would grant a one-year waiver of its rules in order to prevent…
CNA Economy Full text
NEW YORK, Oct 22 : The tab for the next round of the AI buildout came due on Thursday.Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta — one of the hyperscalers spending billions…
CNA Economy Full text
Oct 22 : AI safety research group METR said on Thursday a pilot exercise to stress-test OpenAI’s internal monitoring system uncovered several new vulnerabilities, including an exploit that AI agents could have used to keep hundreds of…
CNA Economy Full text
NEW YORK, Oct 22 : The yen was on track for its strongest daily gain in almost a month on Thursday, as investors sought safety amid fragile equity markets, elevated crude prices from the drawn-out war in the Middle East, and doubts over…
CNA Economy Full text
Oct 22 : The cost of insuring Meta Platforms' debt against default hit an all-time high on Monday, as investors grappled with concerns about the cost of its expanding AI build-out. Five-year credit default swaps gained 7.3 basis points to…
CNA Economy Full text
Oct 22 : Spotify forecast fourth-quarter profit above Wall Street estimates on Thursday, as the Swedish music streaming company bets on its AI-powered features to drive user growth in the crucial holiday season.The company expects…
CNA Economy Full text
Oct 22 : Chinese AI startup DeepSeek has raised about 100 billion yuan ($14.98 billion) in its latest fundraising round, Bloomberg News reported on Thursday citing people familiar with the matter. Battery pioneer Contemporary Amperex…
CNA Economy Full text
HONG KONG, Oct 22 : Asian stocks struggled to stay above water in early trade on Thursday, as tech earnings optimism provided only fleeting support amid lingering concerns over AI and uncertainty in the Gulf. MSCI's broadest index of…
CNA Economy Full text
SEOUL, Oct 22 : The Bank of Korea left its benchmark interest rate unchanged on Thursday, pausing after back-to-back quarter-point hikes in July and August, although strong chip-driven growth and above-target inflation keep the option of…
CNA Economy Full text
SEOUL, Oct 22 : The Bank of Korea left its benchmark interest rate unchanged at 3.00 per cent on Thursday, pausing after back-to-back quarter-point hikes in July and August.The seven-member monetary policy board at the BOK voted to keep…
CNA Economy Full text
TOKYO: Major Japanese lenders see increased demand for funds among corporate borrowers compared with three months ago, a survey showed on Thursday (Oct 22), indicating the central bank's recent interest rate hikes have yet to tighten…
CNA Economy Full text
Oct 22 : Oil prices rose on Thursday as more attacks by the Houthis in Saudi Arabia prompted the United States to order some diplomats and family members to leave its missions in the Kingdom.Brent crude futures rose $1.29, or 1.2 per cent…
CNA Economy Full text
SYDNEY, Oct 22 : A class-action lawsuit has been filed in an Australian court against Meta Platforms' Facebook and Instagram that alleges the social media platforms exposed children to harmful content and kept them addicted through…
CNA Economy Full text
NEW YORK/LONDON, Oct 21 : Major stock indexes climbed on Wednesday, lifted by more strong results from AI-focused companies, while France's 10-year bond yield hit 5 per cent for the first time since 2002 due to growing concern about the…
CNA Economy Full text
Older workers are taking longer to bounce back after being retrenched. Three of them tell CNA what it took to get back into the workforce.
CNA Economy Full text
New transparency laws aim to close the gap between Europe’s luxury heritage narrative and its Asian factory floors, says an academic.
CNA Economy Full text
Oct 21 : A Chinese-linked hacking group used an AI-driven penetration testing tool to compromise IT services firm ConnectWise as part of a campaign that targeted hundreds of organizations globally, Microsoft said on Wednesday.ConnectWise…
CNA Economy Full text
Oct 21 : Walmart on Wednesday intrduced new tools that will allow artificial intelligence agents to shop and complete transactions for customers, as the retailer seeks to position itself in the growing use of AI-powered assistants in…
CNA Economy Full text
Oct 21 : Crocodilians — today's crocodiles, alligators, caimans and gharials and their many extinct relatives — have been a roaring success since debuting more than 240 million years ago. And new research identifies one important factor in…
CNA Economy Full text
Oct 21 : Texas Instruments forecast fourth-quarter revenue above Wall Street estimates on Wednesday, a sign of recovery in industrial chip demand and growing momentum for its AI data-center chips. • Unlike Nvidia, which makes…
CNA Economy Full text
Oct 21 : Europe's largest tech company SAP on Wednesday achieved a €10 billion ($11.2 billion) quarterly revenue milestone for the first time, while reporting a 26 per cent rise in current cloud backlog and lifting its 2026 revenue outlook…
CNA Economy Full text
Oct 21 : Europe's largest tech company SAP achieved a €10 billion ($11.2 billion) quarterly revenue milestone for the first time on Wednesday, while reporting a 26 per cent rise in current cloud backlog and moving its 2026 revenue…
CNA Economy Full text
Oct 21 : Anthropic on Thursday unveiled Claude Duet, a standalone AI agent app designed to act as a proactive assistant for professionals and small-business owners, as rivals such as OpenAI and Meta race to develop AI agents that can…
Stories marked Full text are reproduced here under the terms their publisher allows, with the writer credited and the original linked. Everything else is a headline and a short quotation that links straight to the publisher. How we quote · Our sources
