Facebook owner Meta is barring political campaigns and advertisers in other regulated industries from using its new generative AI advertising products, a company spokesperson said on Monday, denying access to tools that lawmakers have warned could turbo-charge the spread of election misinformation.
Japan's Industry Minister Yasutoshi Nishimura said on Tuesday that a certain degree of impact to the country's liquefied natural gas (LNG) businesses would be unavoidable, when asked about the impact of U.S. sanctions on the Arctic LNG 2 project in Russia.
The dollar was steady on Tuesday, holding overnight gains as investors took a breather from a risk rally, while the Australian currency drifted lower ahead of a central bank interest rates decision later in the day.
(RTTNews) - The Thai stock market on Monday ended the two-day winning streak in which it had jumped almost 40 points or 2.9 percent. The Stock Exchange of Thailand now rests just beneath the 1,420-point plateau and it may tick lower again on Tuesday.
Expectations that the Reserve Bank of Australia could raise rates again on recently strong data and relatively wide Japan-New Zealand interest rate differentials have enticed fresh moves into JPY-funded carry trades. AUD/JPY and NZD/JPY, already at multi-month highs, could climb even further.
Canada's telecoms regulator said on Monday it will temporarily require large telephone companies to let competitors use their infrastructure to sell internet services in Ontario and Quebec provinces to increase competition and lower prices.
(RTTNews) - The Singapore stock market has moved higher in six straight sessions, collecting more than 115 points or 4 percent along the way. The Straits Times Index now sits just above the 3,180-point plateau although it may run out of steam on Tuesday.
Clinical-stage biotech Celldex Therapeutics (NASDAQ: CLDX) was a standout on the stock market Monday. The company's share price closed a sturdy 13% higher on the day, thanks to freshly published data from a clinical trial of a key pipeline drug. This rise was far steeper than the
U.S. wheat shipments typically weaken at this time of year as soybean exports take the stage, but last week’s decline was unprecedented, reflecting the United States’ shrinking share of world wheat trade.
Facebook owner Meta is barring political advertisers from using its new generative AI advertising products, a company spokesperson said on Monday, cutting off campaigns' access to tools that lawmakers have warned could turbo-charge the spread of election misinformation.
(RTTNews) - The Malaysia stock market has moved higher in three straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,465-point plateau although the rally may stall on Tuesday.
Japan's real wages slipped in September for an 18th month, government data showed on Tuesday, with rising prices squeezing consumers' purchasing power, and likely to add to pressure from labour groups for higher wage increases.
SVB Financial Group, the bankrupt former parent of Silicon Valley Bank, said Monday that the U.S. government had formally rejected its demand for a return of about $1.93 billion that was seized by regulators after the bank's collapse.
China-headquartered WuXi XDC, the contract medical researching unit of WuXi Biologics (Cayman), said on Tuesday it intends to raise up to HK$3.68 billion ($470.56 million) in one of Hong Kong's top initial public offerings this year.
Brazilian steelmaker Gerdau on Monday reported a 47% drop in its third-quarter profit, landing above analysts' expectations even as its steel sales suffered from countries in Asia boosting their exports to international markets.
Cotton fell another 1.2% to 2% on Monday, enough to flip the new crop to a carry/premium over spot Dec to 22 points. Old crop futures were down by 102 to 162 points while Dec ’24 faded 65 points on the day. he midday cotton market is another 16 to...
The corn market ended Monday’s session with fractional gains, save the Dec contracts. Spot Dec was unchanged at $4.77 and new crop Dec was ¼ of a cent lower. USDA reported a private export sale of 289,575 MT of corn to Mexico. The weekly Crop Progress report showed corn harvest...
The Monday wheat trade ended with futures in the black by 2 to 7 cents. Chicago prices were 3 ¼ to 3 ¾ cents higher. KC closed 1 ¾ to 2 ½ cents higher on the day. Spring wheat lead the way with 3 ½ to 7 ¾ cent gains....
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