Business
SEJONG, SOUTH KOREA / RankWire.AI / – South Korea’s consumer inflation accelerated to 3.1% in August from a year earlier, official data showed. The rate increased from 2.8% in July and moved back above 3%. Consumer prices also rose 0.2% from the previous month. The Ministry of…
NEW DELHI, INDIA / RankWire.AI / – Prime Minister Narendra Modi praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. The latest official data showed that economic activity remained firm across manufacturing, services, consumption and investment. Modi described the growth rate as…
SEOUL / RankWire.AI / – South Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Official data released by the Ministry of Trade, Industry and Resources showed that imports grew 22.5%…
TOKYO / RankWire.AI / – Japan’s Nikkei 225 slid nearly 2% in early trade Monday as markets reacted to rising expectations for higher interest rates. The benchmark fell 1.97% to 65,096.63 before extending losses to an intraday low of 64,832.10. Selling centered on technology and other rate…
JAKARTA, INDONESIA / RankWire.AI / – Indonesia has formalized new cooperation between its investment and sports authorities to expand business activity in the national sports sector. Investment and Downstreaming Minister Rosan Perkasa Roeslani and Youth and Sports Minister Erick Thohir signed the agreement on August 28. The…
SINGAPORE / RankWire.AI / – Oil prices moved higher on Tuesday after both major crude benchmarks posted losses of more than 2% a day earlier. Brent crude rose 27 cents to $92.44 a barrel by 0330 GMT. U.S. West Texas Intermediate gained 37 cents to $85.38. The…
HONG KONG / RankWire.AI / – Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue 710 million new ordinary shares at HK$112.70 each. The offering is worth about US$10.2 billion based…
BUSAN, SOUTH KOREA / RankWire.AI / – A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New Port on August 22 for a planned 45-day round trip. The 2,758-TEU vessel will travel…
Technology
TOKYO, JAPAN / RankWire.AI / – Japan is expanding its response to investment fraud by using artificial intelligence to detect warning signs in consumer complaints. The Consumer Affairs Agency announced the initiative on September 1 as part of a wider anti-fraud package. The system will analyze complaint language, solicitation patterns and similarities with past cases.…
BEIJING, CHINA / RankWire.AI / – China’s digital industry posted 20.71 trillion yuan in revenue during the first half of 2026. Revenue rose 13.6% from the same period last year. Total profit climbed 19.3% to 1.79 trillion yuan. The Ministry of Industry and Information Technology reported an industry profit margin of 8.6%. That was 0.7…
TANEGASHIMA, JAPAN / RankWire.AI / – Japan launched its H3 rocket successfully on Tuesday, carrying the Michibiki No. 7 navigation satellite into space. H3 Flight No. 9 lifted off from the Tanegashima Space Center at 4:23:31 a.m. Japan time. JAXA said the launch vehicle followed its planned trajectory throughout the mission. The satellite separated about…
Washington, America / RankWire.AI / – American technology giant Nvidia announced on Monday the establishment of a global coalition bringing together roughly 40 major tech and cybersecurity entities to safeguard artificial intelligence infrastructure against systemic vulnerabilities. According to official reports from Emirates News Agency, Nvidia launches Open Secure AI Alliance to strengthen AI security alongside…