Page 74 - Christopher Cushing News Today

SEOUL (Reuters) -Samsung Electronics on Tuesday flagged a gradual recovery in demand in 2024 after reporting its highest quarterly profit so far this year, as the battered memory chip market began showing signs of a rebound from a severe downturn. The proliferation of on-device artificial intelligence (AI) functions will increase appetite for DRAM chips in premium products in 2024, the world's biggest memory chip and smartphone maker said in a statement. The South Korean technology giant ...

Japan's yield cap has evolved into a reference rate, with the Bank of Japan redefining its 1% limit on 10-year government bond yields as an "upper bound" rather than a rigid target. It will keep buying bonds, but time will tell whether and how tenaciously it will impede yields rising beyond 1%. After touching an almost 10-year low in morning trade, Japanese government bond futures rallied following the announcement.

A look at the day ahead in European and global markets from Tom Westbrook Japans yield cap has evolved into a reference rate, with the Bank of Japan...

Debt-burdened retailer Casino said on Tuesday group sales fell 5.3% in the third quarter, as weakness in its core French market outpaced robust growth in Brazil....

A look at the day ahead in European and global markets from Tom Westbrook

Chinese technology giant Alibaba said on Tuesday it has updated its artificial intelligence model Tongyi Qianwen and released a suite of industry-specific AI models amid an intensifying AI race...

DUBAI (Reuters) - The United Arab Emirates President of COP28 said on Monday he was aware countries had strong views about including language on fossi...

BEIJING (Reuters) - China and the United States should have an objective understanding of each other's strategic intention and take the correct view o...

DUBAI (Reuters) - The United Arab Emirates President of COP28 said on Monday he was aware countries had strong views about including language on fossi...

Russian Defence Minister Sergei Shoigu said the West wants to expand the conflict in the Ukraine to the Asia-Pacific region, Russian state media reported, citing comments made at a Beijing defence forum on Monday. Speaking at the Xiangshan Forum, China's biggest military diplomacy event, Shoigu said NATO is covering up a build-up of forces in the Asia-Pacific region with an "ostentatious desire for dialogue", Russia's TASS news agency reported.