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China industry minister meets with Apple's Tim Cook
China's industry minister met with Apple CEO Tim Cook in Beijing on Wednesday, according to a statement released by the ministry.
Wed, Oct 15
Gold hits record high on Fed rate-cut bets, US-China trade woes
Gold rose to a fresh high just shy of the $4,200-per-ounce level on Wednesday, buoyed by rising expectations of further U.S. rate cuts, while renewed U.S.-China trade worries also boosted safe-haven demand.
Wed, Oct 15
Shares rebound, dollar eases as Fed cut bets reclaim spotlight
Global stocks clawed back losses on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell and upbeat bank earnings on Wall Street, though simmering U.S.-China trade tensions kept a lid on risk appetite.
Wed, Oct 15
China's sanctions against US-linked Hanwha units seen as warning gesture, analysts say
China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean 042660.KS are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts said on Wednesday.
Wed, Oct 15
Deflationary pressures persist in China on weak demand, overcapacity
BEIJING, Oct 15 (Reuters) - Deflationary pressures persisted in China, with both consumer and producer prices falling in September, supporting t...
Wed, Oct 15
[Reuters Breakingviews] How to infer the method to OpenAI’s madness
NEW YORK, Oct 15 (Reuters Breakingviews) - Artificial intelligence teaches the bitterest of corporate lessons. Even as ChatGPT developer OpenAI’s models get better at avoiding obvious errors, the company’s finances seem ever more hallucinatory.
Wed, Oct 15
China takes steps against US-linked units of S.Korea shipbuilder Hanwha
By Liz Lee, Yukun Zhang and Heejin Kim BEIJING/SEOUL, Oct 14 (Reuters) - China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean 042660.KS amid trade tension between the world's two largest economies, sending the company's shares...
Wed, Oct 15
Asia shares recover, dollar eases as Fed cut bets reclaim spotlight
SINGAPORE, Oct 15 (Reuters) - Asian stocks staged a tentative rebound on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell and upbeat bank earnings on Wall Street, though simmering U.S.-China trade tensions kept a lid on risk appetite.
Wed, Oct 15
Top South Korea officials to visit US for tariff talks amid hope for progress
SEOUL, Oct 15 (Reuters) - South Korea's industry minister and the chief presidential secretary for policy will travel to the United States on Thursday for follow-up talks on lowering tariffs applied to the Asian country's goods, the government said on Wednesday. South Korea's finance min...
Wed, Oct 15
China's annual consumer, producer prices remain negative in September
BEIJING, Oct 15 (Reuters) - China's consumer prices fell in September while producer deflation persisted, as prolonged domestic weakness and renewed trade tensions weighed on consumer and business confidence.
Wed, Oct 15
Oil drops as investors weigh a supply surplus outlook and US-China trade tensions
Oct 15 (Reuters) - Oil prices fell in early trade on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that could hurt demand.
Wed, Oct 15
Wall Street ends mixed; banks rally on upbeat results
Oct 14 (Reuters) - Wall Street ended mixed on Tuesday as investors digested mostly positive quarterly results from big U.S. banks, comments from Federal Reserve Chair Jerome Powell and an ongoing U.S.-China trade war.
Wed, Oct 15
America Movil posts threefold profit jump as costs shrink in Q3
MEXICO CITY, Oct 14 (Reuters) - Mexican telecoms giant America Movil AMXB.MX on Tuesday reported a more than threefold jump in third-quarter profit, in line with analysts' expectations, helped by a sharp drop in financing costs and increased mobile revenues.
Wed, Oct 15
[Reuters Analysis] Auto sector bankruptcies spark fresh scrutiny of Wall Street credit risks
NEW YORK, Oct 14 (Reuters) - The bankruptcies of automotive-related companies First Brands and Tricolor, along with potential losses at banks and investment funds, are raising new concerns about hidden risks in parts of the credit market — prompting investors to take a closer look at risky debt.
Wed, Oct 15
Walmart partners with OpenAI for ChatGPT shopping feature
Oct 14 (Reuters) - Walmart WMT.N said on Tuesday it was partnering with OpenAI to enable customers and Sam's Club members to shop directly within ChatGPT, using the AI chatbot's Instant Checkout feature.
Wed, Oct 15
Argentine stocks tumble after Trump conditions Argentina help, bonds fall
NEW YORK, Oct 14 (Reuters) - Argentine stocks turned sharply lower and bonds ended in the red on Tuesday after U.S. President Donald Trump said his support for the South American nation hinges on President Javier Milei's party doing well in midterm elections later this month.
Wed, Oct 15
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Intel signals return to AI race with new chip to launch next year
Oct 14 (Reuters) - Intel INTC.O announced on Tuesday a new artificial intelligence chip for the data center that it plans to launch next year, in a renewed push to break into the AI chip market.
Wed, Oct 15
Global EV sales hit record 2.1 million in September, research firm says
Oct 15 (Reuters) - Global sales of fully electric and plug-in hybrid vehicles rose 26% in September from a year ago to a record 2.1 million units, driven by strong demand in China and a late U.S. tax-credit rush, market research firm Rho Motion said on Wednesday.
Wed, Oct 15
Trump administration says 4,108 workers have been fired since shutdown began
Oct 14 (Reuters) - The number of U.S. federal worker layoffs as a result of the government shutdown was revised downward on Tuesday, suggesting the Trump administration's initial statement about sweeping job cuts was too ambitious.
Wed, Oct 15
US, China roll out tit-for-tat port fees, threatening more turmoil at sea
US, China begin collecting port fees on each other's vesselsChina says Chinese-built ships exempted from its leviesChina sanctions Korean shipbuilder for 'helping US'; launches probeUS aims to loosen Chinese dominance in global maritime, bolster US shipbuildingBy Lisa Baertlein, Liz Lee ...
Wed, Oct 15
