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Japan's Nikkei snaps four-day losing streak as chip-related shares jump
TOKYO, Oct 2 (Reuters) - Japan's Nikkei share average rose on Thursday, snapping four straight sessions of losses, as chip-related stocks tracked their U.S. peers higher.
Thu, Oct 2

Alibaba mapping logs record for daily users on first day of China holiday
HONG KONG, Oct 2 (Reuters) - Alibaba's 9988.HK mapping app Amap recorded more than 360 million daily active users on the first day of China's eight-day National Day holiday on Wednesday, setting an all-time high for the platform, the company said in a statement.Alibaba and rival Meituan 3690...
Thu, Oct 2

[Reuters Breakingviews] Obesity kings’ buffet is slimmer than it looks
Obesity kings’ plump future is under siege. Over the past month Roche ROG.S and Pfizer PFE.N have splurged over $10 billion scooping up promising treatments and other rivals are rapidly developing their own medicines. Incumbents $242 billion Novo Nordisk NOVOb.CO and $722 billion Eli Lilly LLY.N may
Thu, Oct 2

White House freezes funds for Democratic states in shutdown slap
U.S. President Donald Trump's administration on Wednesday froze $26 billion for Democratic-leaning states, following through on a threat to use the government shutdown to target Democratic priorities.
Thu, Oct 2

Japan's Nikkei rises after 4 days of losses as chip-related shares jump
Japan's Nikkei share average gained slightly on Thursday after four straight sessions of losses, as chip-related stocks tracked their U.S. peers higher.
Thu, Oct 2

Samsung, SK Hynix shares leap after OpenAI chip deal
Shares of South Korea's Samsung Electronics 005930.KS jumped 4.7% and SK Hynix 000660.KS soared 12% on Thursday, bolstered by a deal with OpenAI to support the ChatGPT maker's expansive Stargate artificial intelligence data centre project.
Thu, Oct 2

US yields fall on labor market concerns, government shutdown angst
(Reuters) - U.S. Treasury yields fell on Wednesday as private jobs data signaled a weakening labor market and a U.S. government shutdown left investors second-guessing its impact on the economy.
Thu, Oct 2

Artificial Intelligencer-Everyone is betting on AI TikTok
Citigroup expects hyperscalers to pour $490 billion into AI buildouts by the end of 2026, up from a previous forecast of $420 billion. The bank also lifted its longer-term forecast: more than $2.8 trillion in AI infrastructure spending through 2029, powered by aggressive bets from the clouds and
Thu, Oct 2

TRADING DAY-Shutdown? Stocks up!
Wall Street and world stocks rose on Wednesday, reversing early losses on worries over the U.S. government shutdown, as soft private sector U.S. employment data bolstered expectations of further monetary easing from the Federal Reserve.
Thu, Oct 2

S&P Says The U.S. Government Shutdown Adds Uncertainty To The Economic Outlook
S&P: THE U.S. GOVERNMENT SHUTDOWN ADDS UNCERTAINTY TO THE ECONOMIC OUTLOOKS&P: AN EXTENDED DELAY IN RELEASE OF KEY US GOVERNMENT ECONOMIC DATA WOULD ADD UNCERTAINTY TO FEDERAL RESERVE'S MONETARY POLICY OUTLOOKS&P: ESTIMATES US GOVERNMENT SHUTDOWN COULD TRIM GROWTH B...
Thu, Oct 2

Fed's Goolsbee: worried about inflation, shutdown doesn't help
Oct 1 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Wednesday said he is starting to get more concerned about inflation, which has run above the Fed's target for four years and recently has been ticking up, making him want to be "careful" about lowering interest r...
Thu, Oct 2

Samsung, SK Hynix shares rally on OpenAI partnerships
SEOUL, Oct 2 (Reuters) - Shares of Samsung Electronics 005930.KS and SK Hynix 000660.KS rallied on Thursday after the South Korean chipmakers signed letters of intent to supply memory chips for OpenAI's data centers.
Thu, Oct 2

OpenAI generates $4.3 billion in revenue in first half of 2025, the Information reports (Sept 29)
Sept 29 (Reuters) - OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year, The Information reported on Monday, citing financial disclosures to shareholders.OpenAI said it burned $2.5 billion, in large part due to its research and...
Thu, Oct 2

US government takes 5% stakes in Lithium Americas and joint venture with GM
Shares rise 23% in Wednesday tradingDeal is part of US government efforts to boost domestic suppliesCanada's government to review investmentChina is the world's dominant refiner of lithiumBy Ernest Scheyder Oct 1 (Reuters) - The U.S. Department of Energy has taken a 5% stake in Lithium Am...
Wed, Oct 1
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Euro zone inflation picks up, bolstering ECB's case for staying on hold
FRANKFURT, Oct 1 (Reuters) - Euro zone inflation accelerated last month on higher services prices and a smaller decline in energy costs, likely reinforcing bets on the ECB keeping interest rates on hold for some time.
Wed, Oct 1

Stocks mixed, gold hits record as US government shuts down
LONDON, Oct 1 (Reuters) - Wall Street futures fell, gold struck a record high and the dollar eased on Wednesday as the U.S. government shut down much of its operations, possibly delaying the release of crucial jobs data that could muddy the interest rate outlook.
Wed, Oct 1

Exxon expects cut of 10% to 15% in Singapore workforce by end-2027
SINGAPORE, Oct 1 (Reuters) - Exxon Mobil Corp XOM.N expects to cut staff numbers in Singapore by 10% to 15% and move its office to its Jurong plant on the island by the end of 2027, the company said on Wednesday, in a global restructuring effort.
Wed, Oct 1
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GLOBAL MARKETS-Stocks retreat, gold hits record as US government shuts down
SYDNEY, Oct 1 (Reuters) - Wall Street futures fell, gold struck a record high and the dollar eased on Wednesday as the U.S. government shut down much of its operations, possibly delaying the release of crucial jobs data that could muddy the interest rate outlook.
Wed, Oct 1

Spooked by AI, Bollywood stars drag Google into fight for 'personality rights'
NEW DELHI, Oct 1 (Reuters) - In India, Bollywood stars are asking judges to protect their voice and persona in the era of artificial intelligence. One famous couple's biggest target is Google's GOOGL.O video arm YouTube.
Wed, Oct 1

Japan's shorter-end bond yields edge down as US government shuts down
TOKYO, Oct 1 (Reuters) - Yields on Japan's shorter-dated government bonds edged down on Wednesday as investors bought safe-haven assets as uncertainties rose after the U.S. government entered a shutdown.
Wed, Oct 1



