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SK Hynix aims for 'overwhelming' market share in next-generation HBM4 chips
SEOUL, Jan 29 (Reuters) - SK Hynix, a supplier for Nvidia 005930.KS, said on Thursday that it aims to maintain its "overwhelming" market share in the next-generation HBM4 chips, as it faces rising competition from Samsung Electronics 005930.KS. It also added that it aims to achieve the produ...
Thu, Jan 29
Hog futures fall back after contract highs, winter weather in focus
Meanwhile, extreme cold and snow storms in the U.S. impacted all livestock futures, slowing processing operations and creating harsh conditions for animals raised outdoors, according to brokers. In a press release on Wednesday, the Texas Department of Agriculture said it had activated relief efforts...
Thu, Jan 29
Tesla invests $2 billion in Musk's xAI and reiterates Cybercab production starts this year
Tesla's $2 billion investment in xAI supports autonomous driving ambitionsCybercab production plans crucial for investor confidence amid past missed targetsEnergy and storage business a bright spot with record $3.84 bln revenue in Q4Capex will more than double this year, CFO saysBy Akash Sriram ...
Thu, Jan 29
US handing over seized tanker to Venezuela, officials say
By Idrees Ali and Phil Stewart WASHINGTON, Jan 28 (Reuters) - The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on Wednesday.The United States has been carrying out a months-long effort to seize oil tankers linked to Venezuela - car...
Thu, Jan 29
FOREX-Dollar whipped as markets wary of mounting risks
Dollar finds a floor after Bessent comments, but still weakFed keeps rates on hold, sees 'somewhat elevated' inflation and stabilising job marketSwiss franc near 11-year high; Aussie scales three-year peakBy Rae Wee SINGAPORE, Jan 29 (Reuters) - The dollar remained on shaky ground on Thur...
Thu, Jan 29
LG Energy Solution Expects U.S. Ev Market To Gradually Recover From 2027
Jan 29 (Reuters) - LG Energy Solution Ltd 373220.KS:LG ENERGY SOLUTION: EXPECTS MODERATE SALES RECOVERY IN CO'S EV BATTERY VOLUME IN SECOND HALF OF THE YEARLG ENERGY SOLUTION: EXPECTS SOLID GROWTH OF DEMAND FOR CYLINDRICAL BATTERIES FROM STRATEGIC CUSTOMER THIS YEARLG ENERGY SOLUTION: EXPECTS U....
Thu, Jan 29
Goldman Sachs cuts Indonesian equities rating after MSCI flags investability risk
SINGAPORE, Jan 29 (Reuters) - Goldman Sachs cut its rating on Indonesian equities on Thursday and said a potential outflow in billions of dollars could be on the cards after MSCI MSCI.N flagged transparency problems and warned it could be downgraded to frontier market status.MSCI's statement and...
Thu, Jan 29
Trump says 'we'll work something out with South Korea' after tariff threat
Trump walks back threat of tariff hike against South KoreaU.S. trade negotiator Greer says Seoul missed commitmentsSouth Korea's digital regulations raised U.S. concernBy Trevor Hunnicutt, Jack Kim and Joyce Lee WASHINGTON/SEOUL, Jan 28 (Reuters) - President Donald Trump said on Tuesday the U...
Wed, Jan 28
Japan's Nikkei sinks under weight of strong yen; AI shares outperform
TOKYO, Jan 28 (Reuters) - Japan's Nikkei share average dropped on Wednesday as a sharply stronger yen scuppered sentiment in the exporter-heavy index, although gains for artificial intelligence-related stocks limited losses.The Nikkei .N225 lost 0.5% to 53,052.77 in morning ...
Wed, Jan 28
China gives green light to importing first batch of Nvidia's H200 AI chips, sources say
Jan 28 (Reuters) - China has approved its first batch of Nvidia's H200 artificial intelligence chips for import, two people familiar with the matter told Reuter...
Wed, Jan 28
A year into Trump presidency, 'pivot to China' gathers pace
China strengthens ties with key partners amid U.S. tensionsBritish PM latest to seek new trade relationship with ChinaChina's exports to non-U.S. markets rise significantly in 2025Yuan usage rises as China pushes for global currency influenceCritics caution about China's economic coercion de...
Wed, Jan 28
Japanese bonds rally as 40-year auction shows resilient demand before election
TOKYO, Jan 28 (Reuters) - Japanese government bonds (JGBs) rallied on Wednesday, as yields hovering near record highs attracted strong demand at an auction of super-long-term debt.The yield on the 40-year JGB JP40YTN=JBTC, which last week touched an all-time high of 4.205%, fell 3....
Wed, Jan 28
The $250 million ASML 'printer' behind Nvidia's chips
AMSTERDAM, Jan 28 (Reuters) - ASML ASML.AS has become Europe's most valuable company thanks to its dominance in making lithography systems, huge "chip printing" machines that cost $250 million each and are indispensable to firms driving the AI boom....
Wed, Jan 28
Dollar staggers near 4-year low after knockback from Trump comments
US dollar sinks to lowest in 4 years after Trump commentsEuro crashes through $1.2, Sterling at highest since 2021Yen gets further boost amid intervention chatter Focus will switch to Fed policy decision, Powell comments By Ankur Banerjee SINGAPORE, Jan 28 (Reuters) - The U.S. dollar struggled ne
Wed, Jan 28
South Korea reassures on US investment pledge after Trump threatens to hike tariffs
Trump accuses South Korea legislature of not living up to trade dealUS and South Korea reached a deal last year on trade, investment, securitySouth Korean presidential office, ruling party vow to actTrump says tariffs will rise to 25% from 15% without giving timeBy Jihoon Lee, Kyu-seok Shim and Andr...
Tue, Jan 27
South Korea's KOSPI posts sharpest rise in 3 weeks as investors buy the Trump tariff dip
By Cynthia Kim and Joyce Lee SEOUL, Jan 27 (Reuters) - South Korean shares swept to their biggest daily jump in three weeks on Tuesday as the global AI boom drove a sharp tech rally, taking the sting out of U.S. President Donald Trump's threat to impose higher 25% tariffs on Korean goods.Trum...
Tue, Jan 27
Russian takes more than 500 square km of Ukraine in January, Russia's top general says
MOSCOW, Jan 27 (Reuters) - Russian forces captured 17 settlements and took control of more than 500 square kilometres of territory in Ukraine so far in January, Russia's top general, Valery Gerasimov, said on Tuesday.Gerasimov, chief of Russia's general staff, inspected the "West" gr...
Tue, Jan 27
Chinese industrial profit rises in 2025, first time in four years
BEIJING, Jan 27 (Reuters) - Industrial profit in China rose last year for the first time since 2021, government data showed on Tuesday, as a campaign against price wars and other excessive competitive practices relieved the pressure on corporate earnings.
Tue, Jan 27
Micron plans $24-billion memory chipmaking plant in Singapore
SINGAPORE, Jan 27 (Reuters) - U.S. memory chipmaker Micron Technology MU.O said on Tuesday it plans to build a $24-billion chip manufacturing plant in Singapore, as it races to boost output in the face of an acute global shortage.The news, reported earlier by Reuters, comes amid an industry scramble
Tue, Jan 27
Why has President Trump threatened to raise US tariffs on South Korea again?
SEOUL, Jan 27 (Reuters) - U.S. President Donald Trump said he was hiking tariffs on autos and other goods imported from South Korea to 25%, citing Seoul's failure to legislate a trade deal agreed last year that capped U.S. levies on the items at 15%.It was not im...
Tue, Jan 27
