Page 405 - Reuters

BlackRock, Citadel Sec-backed group to start new stock exchange in Texas

The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year

Chinese AI chip firms downgrading designs to secure TSMC production

Two top Chinese AI chip firms, MetaX and Enflame, submitted downgraded designs of their chips to TSMC in late 2023 to comply with US restrictions

Cyberattack targeted brands, celebrity accounts including CNN, says TikTok

TikTok said that the number of accounts compromised is "very small" and it is working with affected account owners to restore access if needed

Trump Media asks Nasdaq to cooperate with investigation in shares trading

Devin Nunes, CEO of Trump Media & Technology Group , in a letter has requested Congress to urge the Financial Industry Regulatory Authority to issue electronic blue sheets for TMTG's trading data

China gives 1st approvals for public trials of advanced autonomous driving

The auto industry has defined five levels of autonomous driving, spanning driver assistance features such as cruise control at level one to fully self-driving cars at level five

Toyota to recall over 100,000 US vehicles over potential engine stall

The recall includes some Toyota Tundra pickup trucks and Lexus LX600 SUVs equipped with the Japanese automaker's V35A six-cylinder engine

Netanyahu prolonging Gaza war for political aims: US President Biden

Israeli government spokesperson David Mencer, asked about the interview, said it was "outside the diplomatic norms of every right-thinking country" for Biden to make such comments about Netanyahu

Discussed moving fabs out of Taiwan, but move impossible, says TSMC

Chairman C.C. Wei said that given 80 per cent-90 per cent of its production capacity is in Taiwan, it would be impossible to move the factories

Intel launches new Xeon server processors amid competition with AMD

The sixth generation Xeon chips are crucial for Intel, which has been steadily losing data center market share to Advanced Micro Devices (AMD)

LS polls: Foreign outflows from markets hit record after weaker BJP mandate

This was the worst session since March 2020 for both the blue-chip indexes, when markets tanked due to Covid-19 lockdown restrictions

PM Modi's key allies stand by him despite surprise weaker showing in polls

The Telugu Desam Party (TDP) and Janata Dal (United) said their pre-poll alliance with Modi's Bharatiya Janata Party (BJP)was intact and they would form the next government

Opec oil output increases in May, led by Nigeria, Iraq, survey shows

Several members of Opec+, which includes Opec, Russia and other allies, made new cuts in January to counter economic weakness and increased supply outside the group

Benchmark bond yield sees biggest daily rise in 8 months on poll results

India's benchmark 10-year yield ended at 7.0382%, following its previous close at 6.9438%. The yield also witnessed its biggest single-session climb since Oct. 6

Volvo to issue world's first EV battery passport ahead of EU regulations

Volvo owners can access a simplified version of the passport using a QR code on the inside of the driver's door

BOJ must be vigilant to yen's impact on economy, says Dy Guv Himino

However, he said it was inappropriate for central banks to directly target exchange rates in setting monetary policy

Asian shares retreat as global investors question US economic strength

In Europe, investors expect the European Central Bank on Thursday to cut the benchmark rate by 25 basis points to 3.75 per cent

All you know need to know about China's affordable housing policy

Authorities hope that over time, improving access to affordable housing could provide utility to some of the excess construction undertaken in the boom years

China sees silver lining in property sector, Japan comparisons still loom

International Monetary Fund estimates fundamental demand for housing in China to average 950 million square metres over the next 10 years

Sebi seeks firms make additional disclosures to fast track public offers

The regulator has sought 31 additional disclosures, the most significant of which are information about conflict of interest with management, directors, large shareholders and subsidiaries

Stocks set to scale record highs as vote counting for LS election begins

The benchmark indexes have grown by a little more than three times in value since Modi became prime minister in May 2014