Reuters

By Hari Kishan

BENGALURU (Reuters) - The dollar's relentless strength in the recent past will make way for minor weakness over the next 12 months, according to FX strategists in a Reuters poll, who generally agreed the dollar was overvalued.

Analysts have been predicting dollar weakness just around the corner for months. But the greenback has continued to extend its dominance against most major currencies, with the dollar index up 2.9%... (continue reading...)

SYDNEY (Reuters) - The Australian privacy regulator said on Wednesday it had filed a lawsuit against the country's biggest health insurer Medibank over a data breach that exposed personal information of millions of customers on the dark web.

In civil penalty proceedings filed in the Federal Court, the Australian Information Commissioner said Medibank "seriously interfered" with the privacy of Australians by failing to take reasonable steps to protect... (continue reading...)

TOKYO (Reuters) - Japan's inflation-adjusted real wages fell again in April from a year earlier, extending a record streak of declines for the 25th month, as higher costs of living outweighed pay raises, data from the labour ministry showed on Wednesday.

Real wages fell 0.7% year-on-year in April, a slower pace of decline from the preceding month's 2.1% drop.

The previous record was a 23rd straight run of declines in real wages from 2007... (continue reading...)

FLORENCE, Italy (Reuters) - American Amanda Knox will be back in court in Italy on Wednesday as she tries to overturn a conviction for slander, the last outstanding case against her following the notorious killing of a British student in 2007.

"I hope to clear my name once and for all of the false charges against me," Knox said this week on X.

Italy's top court in 2015 annulled Knox's conviction for the murder of her British flatmate... (continue reading...)

By Fanny Potkin

SINGAPORE (Reuters) - Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of U.S. sanctions, four people with knowledge of the matter said.

Aiming to impede breakthroughs in artificial intelligence and supercomputing by China's military, Washington has imposed a series of export controls on highly sophisticated... (continue reading...)