(Reuters) -Key jobs figures in the United States, Chinese business activity data and European inflation readings are giving more evidence on the pull and push factors impacting the world’s top economies. A deal on the U.S. debt ceiling, struck on Sunday, will move to Congress for a vote while in Turkey, voters gave President Tayyip…
By Jane Lanhee Lee and Stephen Nellis (Reuters) – SoftBank Group Corp owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its next-generation product. MediaTek, a longtime supplier of low- and mid-tier smart phone chips, has been…
By Jane Lanhee Lee and Stephen Nellis (Reuters) – SoftBank Group Corp owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its next-generation product. MediaTek, a longtime supplier of low- and mid-tier smart phone chips, has been…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia’s second-largest economy expanded faster than…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia’s second-largest economy expanded faster than…
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen. SoftBank Group jumped more than 8% as shares of Japanese chip-related companies continued to outperform amid the AI euphoria that also propelled…
(Reuters) – With a long-promised Ukrainian counteroffensive looming to recapture territory taken by Russia in 15th months of fighting, Moscow launched a series of attacks on Kyiv over the weekend targeting military infrastructure and supplies. AIR ATTACKS * Russia launched air attacks on Kyiv in the early hours of Monday using drones and cruise missiles….
By Rae Wee SINGAPORE (Reuters) – The dollar held firm on Monday supported by growing expectations of further rate hikes by the U.S. Federal Reserve, though news that a debt ceiling deal had been finalised drew some of the safe haven bids away from the greenback. The U.S. dollar notched a fresh six-month high of…
By Can Sezer, Ali Kucukgocmen and Huseyin Hayatsever ANKARA (Reuters) -President Tayyip Erdogan extended his two decades in power in elections on Sunday, winning a mandate to pursue increasingly authoritarian policies which have polarised Turkey and strengthened its position as a regional military power. His challenger, Kemal Kilicdaroglu, called it “the most unfair election in…
By Joe Cash and Bernard Orr BEIJING (Reuters) – Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a “wrongdoing” that “seriously violated” international economic and trade rules, a statement from his ministry said on Monday. China’s latest condemnation of the export restrictions was made during Wang’s talks with Japanese…
