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SK Hynix expects AI memory market to grow 30% a year to 2030
SEOUL/SAN FRANCISCO, Aug 11 (Reuters) - South Korea's SK Hynix 000660.KS forecasts that the market for a specialized form of memory chip designed for artificial intelligence will grow 30% a year until 2030, a senior executive said in an interview with Reuters.
Mon, Aug 11

Engine Capital builds stake in Avantor, plans to push it to sell itself, WSJ reports
Aug 10 (Reuters) - Activist investor Engine Capital has built a stake in Avantor AVTR.N and plans to push the life-sciences company to sell itself or make other changes, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Mon, Aug 11

Shares edge up in Asia, US inflation data looms large
SYDNEY, Aug 11 (Reuters) - Major share indexes crept higher in Asia on Monday as upbeat company earnings underpinned high valuations in the tech sector, while a crucial report on U.S. inflation would likely set the course of the dollar and bonds.
Mon, Aug 11

Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac
Aug 10 (Reuters) - Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price.
Mon, Aug 11

Wall St Week Ahead-Inflation data to test stocks as some investors brace for rally to pause
NEW YORK, Aug 8 (Reuters) - A fresh look at inflation trends will test the U.S. stock market's rally in the coming week, with some investors saying equities are primed for a potential pullback after rocketing to records.
Mon, Aug 11

SoftBank selects banks for US IPO of payments app PayPay, sources say
Aug 10 (Reuters) - SoftBank 9984.T has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter.
Mon, Aug 11

China's July factory-gate prices miss forecast, deflation concerns persist
BEIJING, Aug 9 (Reuters) - China's producer prices fell more than expected in July, while consumer prices were unchanged, underscoring the impact of sluggish domestic demand and persistent trade uncertainty on consumer and business sentiment.
Mon, Aug 11

Dollar firms but on track for weekly loss after Trump's Fed governor pick
Dollar firms slightly versus peersWeighed down this week by rate cut bets, Trump's Fed pick Traders pricing in two US rate cuts this year Pound boosted by narrow BoE vote to cut ratesBy Jaspreet Kalra and Lucy Raitano SINGAPORE/LONDON, Aug 8 (Reuters) - The dollar firmed slightly on Friday bu...
Fri, Aug 8

Tesla to streamline its AI chip design work, Musk says
Bloomberg News says Dojo supercomputer team being disbandedMusk says doesn't make sense to divide resources on AI chipsFocused on Tesla AI5, AI6 and subsequent chips, Musk says Aug 8 (Reuters) - Tesla will streamline its AI chip research to focus on its development of inference chips used to...
Fri, Aug 8

China's car sales growth slows in July, with weaker hybrid demand
SHANGHAI, Aug 8 (Reuters) - China's car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world's biggest auto market crack down on a price war that has bruised the industry.
Fri, Aug 8

[Reuters Analysis] Buffeted by Trump and vote-rigging charges, India's Modi starts to push back
NEW DELHI, Aug 8 (Reuters) - Indian Prime Minister Narendra Modi is navigating one of the most challenging stretches of his 11 years in office. A contentious ceasefire with archenemy Pakistan, renewed scrutiny over his age and a diplomatic chill with the United States despite much-publicised rapport
Fri, Aug 8

EMERGING MARKETS-Asia FX, stocks mostly subdued as markets assess Fed outlook, tariff moves
Aug 8 (Reuters) - Asian currencies were subdued on Friday, while equities were mixed, as investors weighed the Federal Reserve's expected dovish tilt and the impact of U.S. import tariffs on regional economies.
Fri, Aug 8

PRECIOUS-US gold futures hit record high after report of US tariffs on gold bars
US gold futures jump to an all-time high of $3,534.10US imposes tariffs on 1-kg gold bars, Financial Times reportsSpot gold on track for second straight weekly gain, up about 1% By Anmol Choubey Aug 8 (Reuters) - U.S. gold futures climbed to a record high on Friday after a report that the United ...
Fri, Aug 8

Australia's tech stocks slump; set for a weekly gain as Nasdaq roars to record
** Australian technology stocks .AXIJ are down 0.7%, but still on track for a 2% weekly gain** Sub-index currently down in tandem with overnight Wall Street losses .N** However, AXIJ set for its best week since July 18 after tech-heavy Nasdaq hit a closing high overnight; its 17th closing high so fa
Fri, Aug 8
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Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports
Aug 8 (Reuters) - China's state-owned shipping giant Cosco 601919.SS aims to secure at least 20%-30% stake in a $23 billion ports deal involving strategic assets in the Panama Canal, as Beijing moves to renegotiate the terms of a sale previously praised by U.S. President Donald Trump, the Financ...
Fri, Aug 8

Japan says US promises to fix double tariff oversight
Japan says US will not stack 15% tariff on other dutiesUS also promised order to lower auto tariff, Japan saysNot clear if $550 billion investment pledge discussedBy Kantaro Komiya and Tim Kelly TOKYO, Aug 8 (Reuters) - The U.S. government on Thursday promised to amend a presidential executive o
Fri, Aug 8
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Japan bonds fall as stock rally slashes demand for safe-haven debt
By Kevin Buckland TOKYO, Aug 8 (Reuters) - Japanese government bonds (JGBs) fell on Friday, pushing yields higher, as a rally in stock markets spurred investors to sell safe-haven debt, with hawkish signals from the Bank of Japan also weighing on bond prices.The 10-year JGB yield JP10YTN=JBTC ros...
Fri, Aug 8

[Reuters Analysis] Trump tariffs on Russia's oil buyers bring economic, political risks
Trump's tariffs could strain US-India-China relationsExperts doubt tariffs will change Putin's stancePotential oil market disruptions could spike global prices, carrying risks for TrumpBy Timothy Gardner, David Lawder and Seher Dareen WASHINGTON/LONDON, Aug 8 (Reuters) - From punishing Br...
Fri, Aug 8

[Reuters Breakingviews] Automakers' $13 bln tariff hit is shot in the dark
By Katrina Hamlin HONG KONG, Aug 8 (Reuters Breakingviews) - Efforts to quantify U.S. President Donald Trump's tariff hit on automakers feel like a bad joke. Japan's Toyota Motor 7203.T and Honda Motor 7267.T now expect more than a $12.5 billion impact combined for the year. But moving pa...
Fri, Aug 8

Meta taps PIMCO, Blue Owl for $29 billion data center expansion project, source says
By Chandni Shah and Surbhi Misra Aug 7 (Reuters) - Meta META.O has tapped U.S. bond giant PIMCO and alternative asset manager Blue Owl Capital OWL.N to spearhead a $29 billion financing for its data center expansion in rural Louisiana, a person familiar with the matter told Reuters.PIMCO will han...
Fri, Aug 8



