(Reuters) -India's annual retail inflation slowed to a near six-year-low of 3.16% in April, as food prices rose at a slower pace, government data showed on Tuesday.
Inflation was below economists' estimate of 3.27% in a Reuters poll.
Food inflation eased to 1.78% in April from 2.69% in the previous month. Vegetable prices fell 11% year-on-year, compared to a 7.04 % fall in March.
COMMENTARY:
SAKSHI GUPTA, PRINCIPAL... (continue reading...)
By Karen Lema
MANILA (Reuters) - A Philippine midterm election may have leaned in President Ferdinand Marcos Jr's favour but the stronger-than-expected showing for estranged vice president and bitter rival Sara Duterte may have given him a jolt, with the possibility of a shift in the balance of power in the rest of his term.
Despite surveys predicting the president's allies would sweep the Senate election, Duterte gained an important... (continue reading...)
RIYADH (Reuters) -The United States does not need to block the global spread of its AI chips and technology to manage national security risks, a White House official said on Tuesday, signalling a more open stance on exports to trusted allies such as Saudi Arabia.
David Sacks, the White House's AI and crypto czar, made his comments in Riyadh days after Washington announced plans to rescind and modify a Biden-era regulation that would limit global access to... (continue reading...)
(Reuters) -Digital health startup Hinge Health said on Tuesday it is targeting a valuation of up to $2.6 billion in its initial public offering in the United States.
The San Francisco, California-based company, along with existing stockholders, plans to raise over $437 million by offering 13.7 million shares priced between $28 and $32 each.
Morgan Stanley, Barclays Capital, and BofA Securities are the lead underwriters for the offering.
... (continue reading...)SEOUL (Reuters) - Families of victims from the Jeju Air plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday.
Families of 72 of the victims from the Jeju Air crash on December 29 said they were initiating the legal action against officials including transport minister Park Sang-woo alleging negligence in managing... (continue reading...)
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