(Bloomberg) — Taiwan Semiconductor Manufacturing Co. shares fell the most in three months as trading resumed in Taiwan after a two-day typhoon break, joining a global tech rout as investors dramatically soured on the promises of artificial intelligence. Most Read from Bloomberg Share declined as much as 6.5% in Taipei early Friday, dragging down the […]
(Reuters) – Goldman Sachs said on Thursday that whoever wins the U.S. presidential election in November will have limited tools to significantly boost domestic oil supply next year. Strategic petroleum reserve stocks are low and regulatory easing may only significantly boost U.S. long-run supply, the bank said in a client note. Oil prices rose slightly […]
(Bloomberg) — Equities showed signs of recovery as traders balanced resilience in the US economy with firming expectations of Federal Reserve cuts in coming months. Most Read from Bloomberg Stocks in Australia, Japan, China and South Korea all climbed along with futures contracts for US equities on Friday. Gains for Japanese shares came after earlier […]
(Bloomberg) — Shares of Timee Inc. — the developer of an innovative job matchmaking app helping address Japan’s severe labor shortage — jumped as much as 28% in their first day of trading. Most Read from Bloomberg The stock rose to as high as ¥1,855 Friday on Tokyo Stock Exchange’s Growth market after the nation’s […]
By Erwin Seba HOUSTON (Reuters) -Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns. Brent crude settled down $1.24, or 1.5%, at $81.13 a barrel. West Texas Intermediate crude ended $1.12, or […]
By Laila Kearney (Reuters) – Oil prices rose slightly on Friday but remained on track for a third straight week of decline due to weak demand in China, the world’s largest crude importer, and expectations of a ceasefire deal for the Gaza war and related violence in the Middle East. Brent crude futures for September […]
By Laila Kearney and Georgina McCartney LONDON (Reuters) – Oil prices were little changed on Friday but on track for a third consecutive weekly decline, pressured by muted demand in China and expectations of a Gaza ceasefire deal that could ease Middle East tensions and accompanying supply concerns. Brent crude futures for September dipped 1 […]
By Laila Kearney (Reuters) – Oil prices were up slightly on Friday on stronger-than-expected U.S. economic data that raised investor expectations for increasing crude oil demand from the world’s largest energy consumer. But concerns about soft economic conditions in Asia’s biggest economies, China and Japan, capped gains. Brent crude futures for September rose 7 cents […]
By Erwin Seba HOUSTON (Reuters) -Oil futures fell over 1% on Friday and were on track to end the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns. Brent crude was down $1.05, or 1.3%, at $81.32 a barrel by 12:07 […]
(Bloomberg) — Last month, websites for a French film festival and the Grand Palais, a historic exhibition and museum complex in Paris, shut down after a cyberattack. Researchers tracked the episodes to a group of hacktivists affiliated with Russian intelligence and reported that the hackers described it as a training exercise. Most Read from Bloomberg […]
(Bloomberg) — Open artificial intelligence models that allow developers to customize them with few restrictions are more likely to promote competition, Federal Trade Commission Chair Lina Khan said, weighing in on a key debate within the industry. Most Read from Bloomberg “There’s tremendous potential for open-weight models to promote competition,” Khan said Thursday in San […]
(Bloomberg) — A North Korean military operative has been indicted for his alleged role in hacking American medical providers, NASA and for using ransomware to extort organizations around the world, US prosecutors said Thursday. Most Read from Bloomberg Rim Jong Hyok is accused of laundering funds through a Chinese bank, then using that money to […]
