‘Godzilla El Niño’ is wreaking havoc with Philippine central bank’s inflation forecasts
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
Judge extends block on Trump White House ban of MS NOW, CNN and Politico
President Donald Trump had sought to ban media outlets MS NOW, CNN and Politico from reporting from the White House.
Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says
U.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.
China’s producer prices rise at fastest pace since June 2022, beating expectations
The increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.
South Korean carmaker Hyundai plans ‘strategic’ investment of $15.5 billion in India by 2032
Korean car company Hyundai says India is a strategic core market
Oil prices rise after IEA warns on market constraints; Saudi officials say Aramco facilities attacked
Worries over supply disruptions due to escalating tensions in the Middle East helped to push oil prices higher.
China’s exports and imports surge past expectations in September
The country’s customs agency released September trade data on Wednesday.
CNBC Daily Open: Diesel deal may not be enough to curb high energy prices
The diesel deal between the U.S. and Russia is unlikely to substantially reduce energy prices for U.S. truckers and farmers.
Singapore third-quarter GDP growth softens from four-year high but beats estimates
The GDP print beat expectations of a 5% growth from economists polled by Reuters.
FBI arrests Saudi OpenAI employee who allegedly planted recording device in conference room
The Tuesday incident comes as the ChatGPT-maker, along with competitors, faces heightened scrutiny over its safety practices.
