Reuters Asia Business

(Reuters) – A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft affected operations at airports, airlines, banks and media outlets on Friday. Here is a list of disruptions that have been reported across sectors: AIRPORTS, AIRLINES Airports and airlines around the globe warned of delays and cancellations …

Factbox-What disruptions have been reported after the global tech outage? Read More »

By Andrew Mills, Elena Rodriguez and David Shepardson EDINBURGH/MADRID/BALTIMORE (Reuters) -Air passengers worldwide faced delays, flight cancellations and headaches checking in as airports and airlines were caught up in a massive IT outage that has affected numerous industries ranging from banks to media companies. A software update by global cybersecurity firm CrowdStrike triggered systems problems …

Global cyber outage hits air travel, leaving passengers in limbo Read More »

LONDON/NEW YORK (Reuters) -Trading returned to normal on Friday after a global technology outage hampered operations at financial firms from London to Singapore and New York, although a few residual problems remained, including outages at some JPMorgan Chase automated teller machines. A software update wreaked havoc on computer systems globally, grounding flights, forcing some broadcasters …

Traders eye return to business as usual after cyber outage, issues remain Read More »

By Andrew Silver SHANGHAI (Reuters) -Eli Lilly said in a social media post Friday its weight loss drug tirzepatide had received approval from Chinese regulators, further intensifying competition with its Danish rival Novo Nordisk in the key Asian market. Shares of the drugmaker rose 1.6% to $862.39 in midday trading. Novo’s weight loss drug Wegovy …

Eli Lilly’s weight loss drug tirzepatide gets approval in China Read More »

By Jeslyn Lerh, Florence Tan and Jonathan Saul SINGAPORE (Reuters) -Two large oil tankers were on fire on Friday after colliding near Singapore, the world’s biggest refuelling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities and one of the tanker operators said. Singapore is Asia’s biggest oil-trading hub …

Oil tankers on fire after colliding close to Singapore, crew rescued Read More »

By Isla Binnie NEW YORK (Reuters) -World stock indexes fell on Thursday as a selling mood around high-priced technology stocks crept into the rest of the market, while the dollar index gained after strong U.S. economic data. Japan’s yen sagged after scaling a six-week high, while the euro eased after ECB President Christine Lagarde held …

Stocks ease as tech sell-off spreads, data boosts dollar Read More »

By Sinéad Carew and Youn Ah Moon NEW YORK/SINGAPORE (Reuters) – Trading in U.S. chip stocks was choppy on Thursday after a massive sell-off on Wednesday and a tumble in chip stocks in Asia after a report that the United States was considering tighter curbs on exports of advanced chip technology to China. Semiconductor stocks …

US chip stocks volatile after Asian dip with China-US spat in focus Read More »