SINGAPORE (Reuters) - Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight.
One passenger died of a suspected heart attack and dozens were injured after flight Singapore Airlines SQ321 encountered what the airline described as sudden, extreme, turbulence while flying over Myanmar on Tuesday.
Singapore markets were closed for a holiday on Wednesday and resumed trade on Thursday.... (continue reading...)
By Kevin Buckland
TOKYO (Reuters) - The dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials.
Sterling remained firm after jumping to a one-month peak following hotter-than-expected inflation, and also drew support from the announcement of a UK parliamentary election for... (continue reading...)
(Reuters) - Tesla has told suppliers for its models sold outside China to start building components and parts outside of both China and Taiwan by as early as next year, Nikkei reported on Thursday.
Suppliers of components such as printed circuit boards, displays and electronics control unit systems have received the request, the newspaper reported, citing six supply chain executives.
(Reporting by Kanjyik Ghosh; Editing by Mrigank Dhaniwala)
By Stephen Nellis
(Reuters) - Amazon.com's cloud unit on Wednesday said it has partnered with artificial intelligence startup Hugging Face to make it easier to run thousands of AI models on Amazon's custom computing chips.
Valued at $4.5 billion, Hugging Face has become a central hub for AI researchers and developers to share chatbots and other AI software and is backed by Amazon, Alphabet's Google and Nvidia, among others. It is the main... (continue reading...)
By Cynthia Kim and Jihoon Lee
SEOUL (Reuters) - South Korea's central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun abating only gradually.
The Bank of Korea (BOK) held its key rate at 3.50% at a policy review in Seoul, as expected by all 43 analysts polled by Reuters.
It also raised growth forecast for this year to 2.5%... (continue reading...)
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