SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday warned of a weak 2023 despite record high…
Japan’s wholesale inflation stays elevated, keeps BOJ under pressure
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale prices in January rose 9.5% from a year earlier, data showed on Friday,…
News Corp plans job cuts, misses estimates for earnings
By Chavi Mehta, Helen Coster and Dawn Chmielewski (Reuters) -News Corp said on Thursday that it would cut 5% of…
Japan govt must discuss policy goals with new BOJ chief-Finance Minister Suzuki
By Leika Kihara TOKYO (Reuters) -A possible revision to a joint Japanese government and Bank of Japan (BOJ) statement that…
South Korea Finance Minister sees inflation easing by April-May
SEOUL (Reuters) – South Korea’s finance minister reaffirmed on Friday his view that consumer prices would ease around the April-May…
Lyft says lower prices to hit profit, shares drop 30%
By Nivedita Balu (Reuters) – Lyft Inc on Thursday forecast current-quarter profit far below Wall Street targets as the ride-hailing…
Meta, law firm Gibson Dunn sanctioned in Facebook privacy case
By Andrew Goudsward (Reuters) – A U.S. judge on Thursday sanctioned Meta Platforms Inc and its law firm, Gibson, Dunn…
Wall St dips as Treasury yields rise after auction
By Carolina Mandl (Reuters) – U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after…
SpaceX test-fires Starship booster in milestone for debut orbital launch
By Joey Roulette WASHINGTON (Reuters) -SpaceX’s towering Super Heavy booster, one half of the company’s Starship rocket system, briefly roared…
U.S. 5G airplane upgrade rules may cost industry $637 million -IATA
By David Shepardson WASHINGTON (Reuters) – Proposed U.S. requirements to retrofit airplane altimeters to ensure they are not susceptible to…