Oil prices rise, stocks mixed ahead of crucial US inflation data

Oil prices rose again on Aug. 12 and stock markets were mixed, with eyes on the release of key US inflation data that could guide the Federal Reserve on its plans for interest rates.

Oil prices rose again on Aug. 12 and stock markets were mixed, with eyes on the release of key US inflation data that could guide the Federal Reserve on its plans for interest rates.

The German government plans Wednesday to put forward a major overhaul of the country's intelligence agencies to give them broad new powers to conduct covert operations and take action against foreign threats.

Taiwanese tech hardware titan Foxconn reported on Wednesday a forecast-busting second quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powered the company's growth. Foxconn, whose official name is Hon Hai Prec…

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SK Hynix is restarting a long-frozen expansion of its Dalian, China, NAND flash plant, adding capacity that will lift output at the site by roughly 50%. The move comes as the AI boom turns memory chips into one of the tightest-supplied components in the indus…