RBA to hold rates at 3.85% in June, but may raise again soon

Australia's central bank will keep its key interest rate unchanged at 3.85% on Tuesday despite inflation well above the target range, according to a Reuters poll of economists who were divided on when and where rates would peak this year.

newspaper

02-06-2023

RBA to hold rates at 3.85% in June, but may raise again soon: Reuters poll

Australia's central bank will keep key interest rate unchanged at 3.85% on Tuesday despite inflation staying well above the target range, according to a Reuters poll of economists who were divided on when and where rates would peak this year.

newspaper

02-06-2023

South Korean inflation cools to 19-month low, core remains higher

SEOUL (Reuters) -South Korea's consumer inflation eased for a fourth consecutive month in May to the lowest in 19 months but core inflation remained elevated, clouding views on whether the central bank may start to cut interest rates soon to boost economic growth.

newspaper

02-06-2023

Hackers use flaw in popular file transfer tool to steal data, researchers say

Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thursday, one day after the maker of the software disclosed that a security flaw had been discovered.

newspaper

02-06-2023

SoftBank shares swept up in AI chip frenzy ahead of Arm IPO

SoftBank Group Corp shares jumped 5% in early Friday trade as the technology investor - which is preparing an initial public offering of chip designer Arm - was caught up in a frenzy for semiconductor and artificial intelligence-related stocks.

newspaper

02-06-2023

Marketmind: Finishing the week with a flurry

A look at the day ahead in Asian markets from Jamie McGeever.

newspaper

02-06-2023

South Korean inflation cools to 19-month low

South Korea's consumer inflation eased for a fourth consecutive month in May to its slowest pace in 19 months, data showed on Friday, matching market expectations.

newspaper

02-06-2023

SoftBank shares jump 5% amid AI chip frenzy

TOKYO (Reuters) -Shares in SoftBank Group Corp jumped 5% in early trading in Tokyo as the tech investing conglomerate, which is preparing to list chip designer Arm, was caught up in the frenzy for semiconductor and AI-related stocks.

newspaper

02-06-2023

Federal judge disqualifies himself from hearing Disney lawsuit

A federal district court judge on Thursday disqualified himself from hearing the Walt Disney Co's civil suit against Governor Ron DeSantis and other officials in the state of Florida.

newspaper

02-06-2023