Asia stocks tepid ahead of key US jobs data; China CPI hits 3-yr high

South Korea’s KOSPI index was largely flat after hitting record highs earlier this week on chipmaker gains. Samsung Electronics (KS: 005930) and SK Hynix (KS: 000660) slipped between 1.5% and 3%.

Venezuela opposition members freed in prisoner release

Jan 8 (Reuters) - Two leading members of Venezuela’s political opposition were freed in a prisoner release on Thursday, according to local rights group Foro Penal and videos shared by Venezuelan ...

Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs

SINGAPORE, Jan 9 (Reuters) - Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, ...

China’s consumer inflation hits near 3-year high, factory-gate deflation eases

BEIJING, Jan 9 (Reuters) - China’s annual consumer price inflation hit a 34-month high in December while producer price deflation moderated, data from the National Bureau of Statistics showed on ...

Musk’s xAI burned about $8 bln cash in first 9 mths of 2025 - Bloomberg

Investing.com-- Elon Musk’s artificial intelligence startup xAI burned about $8 billion in cash in the first nine months of 2025, Bloomberg News reported, underscoring the heavy costs involved in ...

BlueScope’s largest investor backs $9 billion takeover rejection

SYDNEY, Jan 9 (Reuters) - BlueScope Steel ’s largest investor, AustralianSuper, said on Friday it supported the Australian steelmaker’s decision to reject a $9 billion takeover offer from SGH and ...

China CPI inflation hits near 3-yr high in Dec, PPI decline eases

The CPI print was China’s strongest reading since February 2023. CPI grew 0.2% month-on-month, reversing course after a 0.1% drop in November. Friday’s reading showed Chinese CPI inflation rising for ...

Johnson & Johnson reaches deal with US government to lower drug prices

Jan 8 (Reuters) - Johnson & Johnson said on Thursday it has reached a agreement with U.S. President Donald Trump’s administration to cut drug prices for Americans in exchange for exemptions from U.S.

Uniqlo owner Fast Retailing shares surge on positive earnings, forecast

Investing.com-- Shares of Uniqlo clothing brand owner Fast Retailing Co., Ltd. (TYO: 9983) rose sharply on Thursday after it posted strong fiscal first-quarter earnings and also lifted its earnings ...

Bank of England might need new powers to assess private markets, lawmakers say

LONDON, Jan 9 (Reuters) - British lawmakers are calling for the Bank of England to be handed new powers to gather data on ...

Honduras opposition party condemns attack on lawmaker as election tensions simmer

TEGUCIGALPA, Jan 8 (Reuters) - Honduran opposition lawmaker Gladis Aurora Lopez was injured on Thursday after an explosive ...

CK Hutchison taps Goldman Sachs, UBS for AS Watson IPO, Bloomberg News reports

Jan 9 (Reuters) - Hong Kong-based CK Hutchison has picked Goldman Sachs and UBS Group AG to work on the planned initial ...