South Korea had a current account surplus of $3.05 billion in January, the Bank of Korea said on Friday - down from $7.41 billion in December. The goods account recorded a $4.24 billion surplus as exports increased annually by 14.7 percent to $55.22 billion and as imports decreased by 8.1 percent to $50.98 billion, both...
By Jonathan Stempel (Reuters) - Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its NeMo AI platform. Brian Keene, Abdi Nazemian and Stewart O\'Nan said their works were part of a dataset of about 196,640 books that helped train NeMo...
South Korea posted a current account surplus of $3.05 billion in January, the Bank of Korea said on Friday - down from $7.41 billion in December. The goods account recorded a $4.24 billion surplus as exports increased annually by 14.7 percent to $55.22 billion and as imports decreased by 8.1 percent to $50.98 billion, both...
President Nayib Bukele responded humorously to a social media post on March 7, highlighting the legal troubles of one of his country’s prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji. The post detailed Senator Bob Menendez’s indictment, adding a touch of irony to the situation. Senator...
The Malaysia stock market on Thursday wrote a finish to the two-day losing streak in which it had slipped 8 points or 0.5 percent. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau and it may see additional support on Friday. The global forecast for the Asian markets is upbeat on growing...
Nigeria’s Central Bank has teamed up with the blockchain-powered financial platform Gluwa Nigeria to accelerate the use of eNaira, the nation’s central bank digital currency (CBDC). The collaboration, announced by Gluwa on March 7, highlights the ongoing efforts by Nigeria’s Central Bank to overcome challenges in both financial inclusion and CBDC adoption. Nigerian Central Bank...
(Reuters) - Officials from the U.S. government asked UnitedHealth Group (NYSE:UNH) to expedite payments to healthcare providers in an open letter on Sunday, after a hack of the insurer\'s Change Healthcare (NASDAQ:CHNG) tech unit crippled medical claims and payments. Officials from the U.S. Department of Labor and the U.S. Department of Health and Human Services...
The average of household spending was down 6.3 percent on year in January, the Ministry of Economy, Trade and Industry said on Friday - coming in at 289,467 yen. That missed expectations for a decline of 4.1 percent following the 2.5 percent drop in December. On a monthly basis, household spending slipped 2.1 percent -...
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) - Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s. Japan\'s biggest power generator JERA last month agreed to buy a 15.1%...
European stocks may see modest gains at open on Friday after Federal Reserve Chair Jerome Powell said the U.S. central bank is getting close to the confidence it needs to start lowering interest rates. Cleveland Fed President Loretta Mester reiterated on Thursday that there could be a likelihood of rate cuts later in the year,...