Morning Bid: Inflation, tariffs dominate market landscape
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three…
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Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei…
Billionaire investor Ken Griffin calls on Harvard to embrace ‘Western values’
(Reuters) -Billionaire investor Kenneth Griffin called on his alma mater Harvard University on Saturday to embrace “Western values”, saying that…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
US announces new $400 million military aid package for Ukraine, official says
(Reuters) – The United States is preparing a $400 million military aid package for Ukraine, as the U.S. returns to…
Robinhood makes headway beyond trading
By Niket Nishant and Manya Saini (Reuters) – Robinhood Markets’ suite of new products, including its credit card and futures…
Roblox forecast cut adds to videogame gloom, shares fall most in two years
By Zaheer Kachwala (Reuters) -Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame…
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
(This May 8 story has been corrected to clarify that nights and experiences booked rose to 133 million, not $133…
Green steel needs tiered incentives to become reality in Asia: Russell
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing…
US paused Israel weapons shipment due to Rafah, US defense secretary says
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -President Joe Biden decided to hold back delivery of high payload munitions…