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.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 inched lower as traders mulled over the latest quarterly results from big banks. Tune in to CNBC on Wednesday for Goldman Sachs CEO David Solomon.
Stock futures are little changed as traders await consumer inflation report: Live updates
A slide in chip stocks and mixed bank results on Tuesday weighed on the major averages.
S&P 500 drops 1%, dragged down by hot inflation data and sell-off in AI-related stocks
Investors reacted to hotter-than-expected September consumer inflation data.
