December

Exclusive: South Korea aims to join AI race as startup Rebellions launches new chip

South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul…

3 years ago

Swedish inflation runs red hot in December, raising pressure on Riksbank

Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome…

3 years ago

Dollar hits four-week peak on resilient U.S. jobs market

The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that…

3 years ago

Oil rebounds after biggest drop in decades at start of year

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with…

3 years ago

Oil falls again as worries grow over global economy, China COVID cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to…

3 years ago

Analysis: Macau casinos deal themselves a tough hand with big non-gaming investment pledges

As casinos in Macau begin new licenses to operate in the world’s biggest gambling hub on Jan. 1, the stakes…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

Analysis: Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,…

3 years ago

Europe rushes to fill up on Russian diesel before ban begins

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February,…

3 years ago

Shares dip, dollar strengthens as markets eye U.S. inflation data

Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve's…

3 years ago