Markets

South Korea's consumer prices rose 2.6per cent in May from a year earlier, government data showed on Wednesday, logging the fastest growth since April 2012 and accelerating from a 2.3per cent increase tipped in a Reuters survey.

U.S. securities watchdog told Tesla Inc last year that Chief Executive Officer Elon Musk's use of Twitter had twice violated a settlement requiring his tweets to be preapproved by company lawyers, the Wall Street Journal reported on Monday.

Billions in developing countries remain unprotected, but advanced economies can do more to share vaccines more equitably, says Mohamed A El-Erian.

:Private equity firms Clayton Dubilier & Rice LLC (CD&R) and KKR & Co will take Cloudera Inc private for US$4.7 billion, the cloud-based data analytics company said on Tuesday.

WASHINGTON :U.S. stocks pared gains on Tuesday after manufacturing data showed expansion amid rising commodity prices and shortages of materials, while oil rose and global equities hit a record high as markets rode concerns of rising inflation.

Oil prices settled higher on Tuesday, with Brent hitting above US$71 and trading at its highest since March, on expectations for growing fuel demand during the summer driving season in the United States as OPEC+ agreed to boost output.

The White House said on Tuesday that Brazil's JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia.

REUTERS: Construction has started at a site in Arizona where Taiwan Semiconductor Manufacturing Co Ltd (TSMC) plans to spend US$12 billion to build a computer chip factory, its top executive said on Tuesday. Speaking at the company's annual symposium, held online for the second straight year ...

Draft rules aimed at reining in the power of Facebook Inc, Alphabet Inc unit Google, Amazon.com Inc and Apple Inc should only target these U.S. tech giants, a leading EU lawmaker said, signalling a tougher stand than EU antitrust regulators.

The OPEC group of oil-producing countries and its allies agreed on Tuesday (Jun 1) to maintain planned production increases, as pandemic-hit demand for crude recovers.