Business

Chinese chipmaker SMIC increases prices on strong AI demand 

Chinese chipmaker SMIC increases prices on strong AI demand

By Che Pan and Eduardo Baptista BEIJING, Aug 13 (Reuters) - China's top foundry, Semiconductor Manufacturing International Corp, said on…

August 14, 2026

Asian stocks set for weekly gain on fading US rate hike wagers

By Ankur Banerjee SINGAPORE, Aug 14 (Reuters) - Asian stocks rose on Friday, poised for their strongest week in two…

August 14, 2026

Yen's slide to weekly loss prompts bets for another intervention

SINGAPORE, Aug 14 (Reuters) - The yen headed for its biggest weekly loss in three months on Friday as the…

August 14, 2026

Oil steadies after US threatens to blockade Iran indefinitely

By Helen Clark PERTH, Aug 14 (Reuters) - Oil prices inched higher on Friday after the U.S. threatened to maintain…

August 14, 2026

Macquarie seeks KPMG guarantee data was not misused to win bank audit work

By Scott Murdoch, Renju Jose and Christine Chen SYDNEY, Aug 14 (Reuters) - Macquarie Group Chairman Glenn Stevens said on…

August 14, 2026

White House says transshipped goods cost $19 billion to $26 billion in lost tariffs

Aug 13 (Reuters) - The White House on Thursday said in a report the U.S. is losing some $19 billion…

August 14, 2026

White House says transshipped goods cost $19 billion to $26 billion in lost tariffs

Aug 13 (Reuters) - The White House on Thursday said in a report the U.S. is losing some $19 billion…

August 14, 2026

Iran war a boon for China's e-trucks, fuelling export surge

By Sam Li and Lewis Jackson BEIJING, Aug 14 (Reuters) - China's exports of electric trucks to other Asian countries…

August 14, 2026

Fed's Goolsbee says latest inflation data is better

By Ann Saphir Aug 13 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said the latest U.S.…

August 14, 2026

Tyson Foods will close or sell three US beef facilities as industry struggles

By P.J. Huffstutter CHICAGO, Aug 13 (Reuters) - Tyson Foods said on Thursday it will close or sell three of…

August 14, 2026