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Analysis-Global investors turn to Chinese AI as Wall Street fears bubble
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Tuesday, September 23
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SRN News
Tariff hit looms over meeting of U.S. trade rep with Southeast Asian counterparts
By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Hefty U.S. tariffs imposed on Southeast Asian countries will loom over a meeting between U.S. Trade Representative Jamieson Greer and his regional counterparts in Kuala Lumpur on Wednesday that is meant to discuss a trade and investment ...
Tuesday, September 23
by
SRN News
Alibaba launches Qwen3-Max AI model with more than a trillion parameters
BEIJING (Reuters) -Chinese e-commerce giant Alibaba announced on Wednesday its largest artificial intelligence language model to date, the Qwen3-Max, as the company accelerates a push into artificial intelligence technology. The model contains more than 1 trillion parameters, or variables that determine how an AI system ...
Tuesday, September 23
by
SRN News
New Zealand appoints Riksbank’s Anna Breman as central bank governor
By Lucy Craymer WELLINGTON (Reuters) -New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country’s new central bank governor, making her the first woman in the role. Willis said Breman, currently the First Deputy Governor of Sweden’s central ...
Tuesday, September 23
by
SRN News
Australia monthly inflation picks up in August but core measure cools
SYDNEY (Reuters) -Australian consumer prices rose in August at the fastest annual pace in a year, but a key measure of core inflation eased, keeping the door open to a further cut in interest rates. The Australian dollar inched up 0.2% to $0.6611 while three-year ...
Tuesday, September 23
by
SRN News
Factbox-What we know about New Zealand’s new central bank governor
SYDNEY (Reuters) -New Zealand on Wednesday appointed Anna Breman as the country’s new central bank governor, making her the first woman in the position. She takes up the role on December 1. Here’s what we know about the new Reserve Bank of New Zealand Governor: * ...
Tuesday, September 23
by
SRN News
Asian stocks slip as growth concerns cloud outlook
By Gregor Stuart Hunter SINGAPORE (Reuters) -Stocks in Asia fell on Wednesday, following declines on Wall Street as remarks by Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates and economic data fuelled concerns about slowing growth. MSCI’s broadest index ...
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Tuesday, September 23
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SRN News
Oil rises as US crude stockpile drop adds to sense of tighter supply
By Laila Kearney (Reuters) -Oil prices rose for a second day on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies. Brent futures rose 27 cents to $67.90 a barrel by 0005 ...
Tuesday, September 23
by
SRN News
Australia’s Optus appoints Kerry Schott to lead independent review into Triple Zero outage
(Reuters) -Optus, Australia’s no. 2 telecom carrier, said on Wednesday it appointed Kerry Schott to lead an independent review into the September 18 technical failure that disrupted Triple Zero emergency calls and has since been linked to four deaths. (Reporting by Roshan Thomas in ...
Tuesday, September 23
by
SRN News
Dollar on defensive despite Powell’s caution on further easing
By Kevin Buckland TOKYO (Reuters) -The dollar hovered near its weakest level in close to a week on Wednesday with traders expecting two more U.S. interest rate cuts this year, even after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing. The dollar ...
Tuesday, September 23
by
SRN News
Carney says Canada-US trade talks will move to USMCA review process
By Ryan Patrick Jones TORONTO (Reuters) -Canadian Prime Minister Mark Carney said on Tuesday that trade negotiations with the U.S. were ongoing, and a lot of the remaining issues would move to a forthcoming review of the United States-Mexico-Canada trade agreement (USMCA). Speaking at a press ...
Tuesday, September 23
by
SRN News
South Africa’s president says trade is being used as a ‘weapon’
By Doyinsola Oladipo NEW YORK (Reuters) -South African President Cyril Ramaphosa said on Tuesday his country is in talks with a U.S. trade representative to reduce tariffs levied by U.S. President Donald Trump after telling world leaders that “trade is now being used as a ...
Tuesday, September 23
by
SRN News
As Boeing’s stock rises on a new foreign deal, US officials signal China may be next to order planes
Boeing’s stock climbed Tuesday after the American aerospace giant announced a significant jetliner order from Uzbekistan and as optimism builds around a potentially larger aircraft sale to China. David Perdue, the U.S. ambassador to China, said he thinks negotiations over a possible deal involving ...
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