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CNA Economy Full text
LONDON/MOSCOW, Nov 1 : OPEC+ oil-producing countries were set to keep oil production targets steady for December at a meeting on Sunday as the group still struggles with export disruptions from the US-Iran war.The seven core OPEC+ members…
CNA Economy Full text
BEIJING, Nov 1 : Chinese smartphone maker Xiaomi said on Sunday it delivered more than 50,000 electric vehicles in October, the highest monthly total this year, as it ramps up production to meet its 2026 target.Deliveries reached about…
CNA Economy Full text
SEOUL, Nov 1 : South Korea's exports nearly doubled in October from a year earlier, beating market expectations and marking the sharpest jump in more than 50 years, trade data showed on Sunday. Exports from Asia's fourth-largest economy, a…
CNA Economy Full text
HANOI, Oct 31 : Vietnam will cut its average retail electricity price by 2 per cent and remove its special consumption tax on gasoline from November 1 to support economic stability and reduce costs for households and businesses, the…
CNA Economy Full text
The FBI on Saturday said the North Korean state-sponsored unit known as TraderTraitor was responsible for the attack.
CNA Economy Full text
Binance uses company funds to replace 90% of the US$6.3 billion stolen in a hack and says user withdrawals stay on track to resume Sunday.
CNA Economy Full text
Oct 31 : Crypto exchange Binance said on Saturday it has been able to replace 90 per cent of the amount stolen after a record $6.3 billion hack of its platform by using company money to buy new tokens.The remaining 10 per cent consists of…
CNA Economy Full text
Oct 31 : Crypto exchange Binance said on Saturday it has been able to replace 90 per cent of the amount stolen after a record $6.3 billion hack of its platform, by using company money to buy new tokens.The remaining 10 per cent consists of…
CNA Economy Full text
NEW YORK, Oct 31 : US electricity prices had flown under the radar in past national elections, but they have become a major political issue in this year's midterms as Americans grow angry over rising utility bills and deals for…
CNA Economy Full text
BEIJING: China's factory activity unexpectedly dropped in October, its third contraction in four months, a government survey showed on Saturday (Oct 31), hurt by soft demand for exports as well as goods at home.The official manufacturing…
CNA Economy Full text
Oct 30 : Crypto exchanges are taking quick action to bolster their defenses and urging greater industry-wide information-sharing after a record $6.3 billion hack of Binance exposed their vulnerability just as they become more embedded in…
CNA Economy Full text
Oct 30 : OpenAI has slashed the target for its latest funding round by $10 billion amid a selloff in tech stocks driven by AI worries, the Financial Times reported on Friday, citing people with knowledge of the matter.The ChatGPT maker is…
CNA Economy Full text
Oct 30 : S&P Global Ratings on Friday revised its outlook on Meta Platforms to "negative" from "stable", citing significant uncertainty around its capital spending and free operating cash flow.Meta has been pouring money into advanced…
CNA Economy Full text
NEW YORK, Oct 30 : Monday will ring in a brand-new trading month, a prospect that appeals to many after a doozy of a last session in October.A fresh test of this year’s technology rally sent the Nasdaq composite on Friday to its biggest…
CNA Economy Full text
HOUSTON, Oct 30 : Oil prices jumped more than 2 per cent on Friday and settled at their highest levels since the end of April, as traders braced for a potential escalation in the Iran war after the US midterm elections, with an attack on a…
CNA Economy Full text
Oct 30 : Alliant Energy expects to sign contracts for about 1 gigawatt of additional data-center demand within six months, its finance chief said on Friday, as rising AI use and growing electrification push US power demand to record…
CNA Economy Full text
NEW YORK, Oct 30: The US Securities and Exchange Commission is examining artificial intelligence companies' corporate disclosures as investor worries mount over a potential AI bubble that may have been fueled by circular deals, the…
CNA Economy Full text
Oct 30 : OpenAI said on Friday it is tightening limits on the weapons-related information ChatGPT provides to teens, even when a question appears harmless, as part of new safeguards aimed at preventing real-world violence.The move comes as…
CNA Economy Full text
Oct 30 : Meta Platforms has settled with a teen plaintiff who accused the company of designing Instagram and Facebook to be addictive, causing her mental health problems and disordered eating, attorneys for the plaintiff said on Friday.The…
CNA Economy Full text
Oct 30 : The biggest US technology companies generated record amounts of cash in the first nine months of 2026, yet returned the smallest share of it to shareholders in at least 15 years as surging artificial intelligence spending squeezed…
CNA Economy Full text
(Corrects designation of John Bilton in paragraph 8)By Johann M Cherian and Shashwat ChauhanOct 30 : More than $2 trillion in market value is set to be wiped from the tech-heavy Nasdaq 100 this month, as Big Tech earnings intensified…
CNA Economy Full text
LONDON, Oct 30 : Binance is working with law enforcement around the world, including the Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS), after hackers stole a record $6.3 billion from the platform, a…
CNA Economy Full text
Oct 30 : Global equity funds saw substantial inflows in the week ended October 28, though at a slower pace, as a rebound in AI and chip stocks, led by South Korea’s SK Hynix after record quarterly profit, lifted demand for technology and…
CNA Economy Full text
Oct 30 : Hackers stole $6.3 billion from Binance in the world's biggest crypto heist, putting a spotlight on how cryptocurrency exchanges insure their digital assets against theft and cyberattacks.But insurance protection is far from…
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