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South Korea Inflation Slows More Than Expected, but Core Prices Hit Highest Level Since 2023
Consumer price inflation in South Korea fell short of expectations in July as lower fuel and agricultural prices dampened the overall inflation rate, but underlying inflationary pressures increased. The country’s…
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Ferrari has already hit 2026 sales target for Luce EV
Published Wed, Jul 29, 2026 · 11:20 PM [ROME] Ferrari has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the…
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US Import Prices Rise 0.3% as China Goods Hit 18-Year High
US import prices rose 0.3% in June, the Bureau of Labor Statistics said Friday, defying economist forecasts for a 0.8% decline. Prices for goods imported from China climbed 0.9% during…
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Delta signals fare hikes will stay as resilient demand cushions fuel-cost hit
Published Fri, Jul 10, 2026 · 10:20 PM [CHICAGO] Delta Air Lines reaffirmed its full-year profit forecast and provided a stronger-than-expected third-quarter outlook on Friday (Jul 10), signalling confidence that…
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Nvidia’s Next AI Rack Hit A Manufacturing Snag. The Company’s Fastest Product Cycle Just Slowed Down.
Nvidia’s next-generation Kyber NVL144 rack-scale AI system has reportedly been delayed by more than a year after manufacturing challenges emerged with a critical component at the center of the platform,…
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US-Iran War Costs Hit $25 Billion As Political Pressure Mounts Ahead Of Midterms
The United States’ ongoing military campaign against Iran has already cost an estimated $25 billion, according to a senior Pentagon official, marking the first formal disclosure of the financial toll…
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Trump Medicaid Cuts Put 446 Hospitals in Danger, Threatening Care for 6.6 Million: California, New York, Illinois and Washington Among the States Facing the Biggest Hit – REPORT
The Trump administration’s Medicaid cuts could put hospital care out of reach for millions of Americans, with California, New York, Illinois, and Washington among the states facing the biggest hit,…
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Bank of England hit by 5% inflation risk from war in Iran
An economist says that the doubling in natural gas prices alone will add 3 percentage points Published Mon, Mar 9, 2026 · 10:50 PM [LONDON] The Bank of England (BOE)…
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Hospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research
Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts [SINGAPORE] The hospitality sector may be poised to reap benefits with Singapore’s tourist arrivals forecast to hit…
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European shares hit record high as energy stocks surge; tech, financials stumble
Published Thu, Feb 12, 2026 · 05:51 AM EUROPEAN shares closed at a record high on Wednesday, as gains in commodity-related stocks offset weakness in technology and financials, while investors assessed…
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Japan’s Nikkei, Topix hit record highs on earnings, ‘Takaichi trade’ optimism
Published Tue, Feb 10, 2026 · 10:51 AM [TOKYO] Japan’s Nikkei share average surged to a record high in early Tuesday trade, following robust quarterly earnings and momentum from Prime…
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Fed’s Miran says data suggests Americans aren’t shouldering tariff hit
Miran’s view contradicted data showing that Americans are bearing the burden of paying for tariffs Published Tue, Feb 10, 2026 · 07:55 AM FEDERAL Reserve Governor Stephen Miran on Monday…
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About 120,000 users hit by Singtel-owned Optus’ mobile service outage
The Australian telco says it has ‘noticed a significant decline in the number of customers impacted’ [SINGAPORE] Some 120,000 users of Optus experienced mobile service disruptions in Australia on Monday…
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About 60,000 users still hit by Singtel-owned Optus’ mobile service outage
Majority of customers have restored their services after restarting their phones, says Optus spokesperson [SINGAPORE] After several hours of mobile service disruptions on Monday (Feb 9), the majority of Optus…
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ST Engineering shares hit record high after Airshow
The company’s announcements at the Singapore Airshow include a new hovercraft vessel, satellites and its biggest cargo drone [SINGAPORE] Shares of ST Engineering jumped as much as 4.5 per cent…