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Bill Adams, chief U.S. economist at Fifth Third Commercial Bank, said: "The July CPI report barely meets the threshold for the Fed to hold rates at its September meeting. Fed policymakers signaled in July that to avoid a rate hike, core inflation mus

2026-08-12

Bill Adams, chief U.S. economist at Fifth Third Commercial Bank, said: "The July CPI report barely meets the threshold for the Fed to hold rates at its September meeting. Fed policymakers signaled in July that to avoid a rate hike, core inflation must improve between now and the September meeting."

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2026-08-12

South Korea's KOSPI opened 75.05 points higher on Aug 12 (Wed), up 1.18% at 6,420.58; Samsung Electronics and SK Hynix both rose more than 1%.

South Korea's KOSPI opened 75.05 points higher on Aug 12 (Wed), up 1.18% at 6,420.58; Samsung Electronics and SK Hynix both rose more than 1%.
2026-08-12

The US State Department said on Wednesday it will launch a pilot platform in Panama, under a US‑led Silicon‑Based Peace Initiative, to accelerate trade in goods deemed critical for AI development. Washington will provide up to $50m in foreign assista

The US State Department said on Wednesday it will launch a pilot platform in Panama, under a US‑led Silicon‑Based Peace Initiative, to accelerate trade in goods deemed critical for AI development. Washington will provide up to $50m in foreign assistance to develop and deploy an AI‑driven platform to speed logistics and compliance, prioritizing high‑value shipments from trusted suppliers of AI infrastructure, semiconductors and critical minerals across the AI supply chain and to strengthen allied supply‑chain cooperation. Jacob Helberg, deputy secretary for economic affairs, said the project is expected to accelerate logistics and compliance operations.
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