Outside the Kadorr apartment complex in Ukraine’s Black Sea city of Odesa, about 500 metres from the seafront, residents and rescue workers mill around in freezing temperatures. Above an office on the 25th floor, a block of wall has been blown out by a Russian drone. Below, rubble and glass have been moved quickly into piles as owners survey cars crushed by the falling masonry. Anastasia, 35, who ...
Outside the Kadorr apartment complex in Ukraine’s Black Sea city of Odesa, about 500 metres from the seafront, residents and rescue workers mill around in freezing temperatures. Above an office on the 25th floor, a block of wall has been blown out by a Russian drone. Below, rubble and glass have been moved quickly into piles as owners survey cars crushed by the falling masonry. Anastasia, 35, who lives in a nearby block, was displaced to Odesa from Donetsk after the Russian invasion and occupation in the east. Now she is contemplating the implications of the strike. “I was sleeping. I thought it was a dream at first as the building shook. I didn’t hear the explosion but I heard another Russian Shahed drone that was extremely loud. It had been quite quiet since I’ve been here. Recently it’s started to feel more dangerous. I haven’t decided whether to move, but right now I’m scared.” She is not alone. Russian strikes against Odesa have escalated sharply in recent months, as conflict centred on the Black Sea has heated up again after it had settled into stalemate. View image in fullscreen The aftermath of a Russian drone attack in Odesa. Photograph: Nina Liashonok/Reuters View image in fullscreen A woman sits inside a residential building heavily damaged by a Russian airstrike. Photograph: Oleksandr Gimanov/AFP/Getty Images Ukrainian strikes late last year on oil tankers in Russia’s shadow fleet, and farther afield on the Russian naval base at Novorossiysk, coincided with renewed Russian attention on Odesa. Vladimir Putin has long claimed Ukraine’s main port as Russian, and in December he threatened to cut the city off from the sea. Taking Odesa, or even placing it under naval blockade, remains far beyond Moscow’s reach. Ukrainian naval missile batteries sank its warships, including most famously the Moskva,at the beginning of the war. So instead Russia has pounded the city with missiles and drones. The biggest recent strike, on 13 December, in which 160 drones and mis...
Ten days before schools reopen for the summer term in eastern Zimbabwe, Hellen Tibu is worried about how she will pay the fees for her sister’s education. The 22-year-old landmine-disposal expert smooths the creases from her younger sister’s uniform as it hangs on the washing line outside a relative’s rooms in Sakubva, a densely populated township in Mutare. The shirt is faded around the collar an...
Ten days before schools reopen for the summer term in eastern Zimbabwe, Hellen Tibu is worried about how she will pay the fees for her sister’s education. The 22-year-old landmine-disposal expert smooths the creases from her younger sister’s uniform as it hangs on the washing line outside a relative’s rooms in Sakubva, a densely populated township in Mutare. The shirt is faded around the collar and a new one is needed. Tibu could afford the school fees and uniform – before the US funding cuts last year meant she no longer had her job clearing landmines. Now she can no longer pay her rent or look after her parents and siblings. “Life became tough,” she says. “I was the breadwinner in my family.” From January 2022, Tibu carried out mine disposal with Apopo, an international organisation clearing landmines around Sango, on Zimbabwe’s south-east border with Mozambique, near Chiredzi. View image in fullscreen A sign, in English and Shona, warning of mines by the border. Photograph: Global Press/Alamy The Zimbabwe-Mozambique frontier is littered with millions of landmines, which were laid between 1976 and 1979 by the former Rhodesian regime during the country’s liberation war. In some areas, there are believed to be 5,500 mines for every kilometre. More than 1,500 people have been killed or maimed by mines since Zimbabwe gained its independence in 1980, while farmers have lost an estimated 120,000 animals. Tibu is one of the female deminers at Apopo, who made up more than 30% of the organisation’s staff in Zimbabwe. Apopo, which says it received 90% of its income from the US state department’s weapons removal office, sent most of its staff home last February after the Trump administration halted funding. It shut down completely in June. Tibu was earning US$400 (£300) a month when she started the job and by the time she was laid off her salary had increased to $490, more than many government workers such as nurses, teachers and soldiers earn in Zimbabwe. I was used to a pl...
Alt-rockers Placebo are set to collaborate with the Royal Shakespeare Company (RSC) by scoring a new production of Bertolt Brecht’s The Resistible Rise of Arturo Ui. Written in 1941, the play is about a Chicago mobster who seeks to control the city’s vegetable trade through corruption, intimidation and violence: a clear allegory of how Adolf Hitler had swept to power during the 1930s. Mark Gatiss,...
Alt-rockers Placebo are set to collaborate with the Royal Shakespeare Company (RSC) by scoring a new production of Bertolt Brecht’s The Resistible Rise of Arturo Ui. Written in 1941, the play is about a Chicago mobster who seeks to control the city’s vegetable trade through corruption, intimidation and violence: a clear allegory of how Adolf Hitler had swept to power during the 1930s. Mark Gatiss, known for The League of Gentlemen, Sherlock and more, will play Ui, in his RSC debut. It will premiere on 11 April at the Swan theatre in Stratford-upon-Avon. It is the first theatre work by Placebo, who had a series of major hits in the late 1990s onwards with their muscular gothic rock and sometimes sexually provocative songwriting, including the Top 5 singles Nancy Boy, Pure Morning and You Don’t Care About Us. They have steadily released eight studio albums, with the most recent, Never Let Me Go, giving them their highest ever album chart placing at No 3. The band’s Brian Molko and Stefan Olsdal said they were “very honoured and excited” by the collaboration, adding: “Thematically, this cautionary tale from history feels more urgent and prescient than ever, and its relevance to today’s world is very chilling. The creative process for this project was very different for us, sometimes akin to shooting arrows in the dark. So we tried to connect with the psychology of the outsider, as well as taking inspiration from themes of power, alienation and moral decay – which are at the core of this play.” The production’s director, Seán Linnen, described Placebo’s score as “glitteringly expansive, darkly seductive and deeply theatrical”. View image in fullscreen Mark Gatiss in a promotional image for The Resistible Rise of Arturo Ui Linnen also highlighted the play’s resonances with today’s political reality. “As the threat from the far-right grows daily at home and abroad, it is our job as artists to speak up and out. There is no other play that interrogates the political moment ...
When Berke Astarcıoğlu bought a BMW i3 in 2016, he was one of just 44 people in a country of 80 million to buy a battery electric vehicle (BEV) that year. By the time he bought a Tesla in 2023, BEVs were no longer a complete oddity in Turkey, making up 7% of new car sales. Fast-forward two years and electric cars are selling so fast that Turkey has caught up with the EU in its rate of adoption. It...
When Berke Astarcıoğlu bought a BMW i3 in 2016, he was one of just 44 people in a country of 80 million to buy a battery electric vehicle (BEV) that year. By the time he bought a Tesla in 2023, BEVs were no longer a complete oddity in Turkey, making up 7% of new car sales. Fast-forward two years and electric cars are selling so fast that Turkey has caught up with the EU in its rate of adoption. Its market is now the fourth largest in Europe, behind Germany, the UK and France. “A premium product is a thing that makes you happy but that not everyone can have,” said Astarcıoğlu, a mechatronic engineer from Istanbul and the developer of an app to find charging stations. “My Tesla has become an ordinary car over here.” BEVs made up 16.7% of new car sales in Turkey in 2025, just behind the EU’s 17.4%, registration data published on Tuesday shows. While uptake is lower than in the Netherlands or the Nordics, where BEVs make up 35% to 96% of new cars sold, sales in Turkey have raced ahead of almost every country in southern and eastern Europe. Its electric vehicle surge is part of a global trend in which emerging markets from Uruguay to Vietnam are spurning fossil fuel-burning cars at surprising speed. The latest data comes as Turkey prepares to host the UN climate summit, and one month after the EU watered down its 2035 ban on new combustion engine cars. Analysts attribute the boom to a disparity in Turkey’s special consumption tax, which has left electric cars only slightly more expensive than comparable petrol cars. Sales remained high even after the government raised taxes on electric vehicles in August. “Practically speaking, Turkish people don’t buy electric vehicles because it’s eco-friendly,” said Ufuk Alparslan, an analyst at the climate thinktank Ember, saying that running costs were lower for electric cars. “The motivation is purely economical.” Electrifying car fleets is seen as a crucial step to decarbonising the transport sector and reducing pollution, but eff...
We are back in the Marvel Cinematic Universe. If you feel fatigue stealing over you already, banish it! It’s going to be OK. Even though Wonder Man is (by my incredulous reckoning) about the 30th MCU series produced by Marvel Television and companions – from the dizzying heights of WandaVision to … well, She-Hulk – it is a little gem. And it is quite little, in MCU terms. Not only are the eight ep...
We are back in the Marvel Cinematic Universe. If you feel fatigue stealing over you already, banish it! It’s going to be OK. Even though Wonder Man is (by my incredulous reckoning) about the 30th MCU series produced by Marvel Television and companions – from the dizzying heights of WandaVision to … well, She-Hulk – it is a little gem. And it is quite little, in MCU terms. Not only are the eight episodes only around half an hour long but they also eschew spectacle in favour of storytelling. It’s a radical idea, but you never know, it might catch on. The story is that Simon Williams (Yahya Abdul-Mateen II, who plays the DC Comics’ character Black Manta in the Aquaman films) is an actor who has been trying to make it in LA for the last decade. Alas, his inability to stop overthinking a role makes him an utter pain on set and gets him fired even when he does manage to land a part. But he has loved the Wonder Man character all his life and when the chance comes to audition for a role in a superhero film about him, Simon leaps at it. There he is befriended by Trevor Slattery (Ben Kingsley, who plays Trevor in various MCU films, a washed-up, drug-addled actor who is hired by Iron Man 3’s baddie to play “the Mandarin”, who is the terrorist leader of the Ten Rings – do keep up). Always beware befriending an actor. Trevor is the cat’s paw of the Department of Damage Control, the shadowy government organisation set on protecting the public from supernatural threats with a modern prison to fill before its budget is cut. And the DODC has been tracking our man Simon since he was 13 and emerged unscathed from a house fire that should have killed him. It is not, we gather, just his love for the shonky Wonder Man films he watched as a child with his father that draws him to the role. Ignorant of the DODC’s existence, Simon still keeps his powers hidden because in this Hollywood, people with such abilities are forbidden to work after an on-set disaster that is the subject of an entir...
South Korean regulators plan to approve high‑risk single‑stock exchange‑traded funds, supporting the bourse’s push to diversify products and allowing retail investors more leveraged bets. The Financial Services Commission will fast-track related procedures to meet surging local demand for more ETF products, FSC chairman Lee Eog-weon said at a briefing Wednesday. Leverage will be capped at twice th...
South Korean regulators plan to approve high‑risk single‑stock exchange‑traded funds, supporting the bourse’s push to diversify products and allowing retail investors more leveraged bets. The Financial Services Commission will fast-track related procedures to meet surging local demand for more ETF products, FSC chairman Lee Eog-weon said at a briefing Wednesday. Leverage will be capped at twice the stock’s movement — rather than the threefold level some had sought — meaning a 1% change in the underlying stock will translate into roughly a 2% move in the leveraged fund, up or down. “Our first step is to allow single‑stock leveraged ETFs based on domestic blue‑chip names,” Lee said. “These products are already available overseas, but asymmetric regulations have prevented their launch in Korea, leaving domestic demand for more diverse ETFs unmet.” The move underscores authorities’ efforts to draw retail investors back to domestic equities, as many have shifted toward US stocks even as the local market remains energized by AI and robotics themes. The Korea Exchange has been in discussions with financial regulators to ease restrictions and lift the ban on higher‑risk ETF products, aiming to align more closely with leading international stock markets. Read: Wipeouts Threaten Korea Retail Army Chasing Riskiest Investments Korea’s equity benchmark Kospi Index has advanced 23% in 2026, extending last year’s 76% gain. The nation’s stock market has climbed to a valuation of about $3.25 trillion, overtaking Germany to rank as the world’s 10th‑largest, just behind Taiwan. Driving the rally are leading chipmakers such as Samsung Electronics Co. and SK Hynix Inc. ETF diversification is largely intended for retail investors, who have continued to favor US equities. Individual investors have piled into US-listed leveraged ETFs, such as TQQQ and SOXL , that provide three times exposure to the Nasdaq-100 Index and chip stocks.
kyoshino/E+ via Getty Images 7:00 AM MBA Mortgage Applications The Mortgage Bankers' Association compiles various mortgage loan indexes. The purchase applications index measures applications at mortgage lenders. 8:30 AM Durable Goods Orders Durable goods orders are new orders placed with domestic manufacturers for factory hard goods. 8:30 AM International Trade in Goods (Advance) This monthly repo...
kyoshino/E+ via Getty Images 7:00 AM MBA Mortgage Applications The Mortgage Bankers' Association compiles various mortgage loan indexes. The purchase applications index measures applications at mortgage lenders. 8:30 AM Durable Goods Orders Durable goods orders are new orders placed with domestic manufacturers for factory hard goods. 8:30 AM International Trade in Goods (Advance) This monthly report offers advanced import and export data on the goods components of the monthly trade report. Goods make up roughly two-thirds of the nation's exports and roughly three-quarters of imports. 8:30 AM Retail Inventories (Advance) Retail inventories measure the monthly dollar value of inventories held by retailers. 8:30 AM Wholesale Inventories (Advance) Wholesale inventories measure the monthly dollar value of inventories held by merchant wholesalers and are tracked to gauge inventory change in quarterly GDP. 10:30 AM EIA Petroleum Status Report The Energy Information Administration (EIA) provides weekly information on petroleum inventories in the U.S., whether produced here or abroad. 11:30 AM 2-Yr FRN Note Auction An FRN (floating rate note) is a security that has an interest payment that can change over time. 2:30 PM Fed Chair Press Conference The Fed announced in 2011 that then Fed Chair Ben Bernanke would hold press briefings four times a year to explain the FOMC's latest quarterly economic projections. More on U.S. Markets The World's Debt Alarm Is Ringing - Will Treasuries Hear It Next? Fed Rate Cuts On Hold Till June, According To Market Forecasts U.S. Government Struggles To Keep A Lid On 10-Year Treasury Yield And Mortgage Rates Odds of a government shutdown surge to 80% Bar for monetary easing is rising - Wells Fargo
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Semiconductor stocks look poised for further gains as investment in artificial intelligence (AI) infrastructure accelerates. Over the last few years, technology investors have witnessed unprecedented sums poured into artificial intelligence (AI) infrastructure. Hyperscalers such as Microsoft, Amazon, Alphabet, Meta Platforms, Oracle, and OpenAI are collectively spending hundreds of billions of dol...
Semiconductor stocks look poised for further gains as investment in artificial intelligence (AI) infrastructure accelerates. Over the last few years, technology investors have witnessed unprecedented sums poured into artificial intelligence (AI) infrastructure. Hyperscalers such as Microsoft, Amazon, Alphabet, Meta Platforms, Oracle, and OpenAI are collectively spending hundreds of billions of dollars to build data centers and equip these facilities with clusters of AI chips and networking gear. I'll reveal my top three semiconductor stocks to buy in 2026 as investment along the chip value chain continues to accelerate. For investors with available capital, a $50,000 investment spread across these three stocks could become a multibagger in the long run. 1. Nvidia While it may be the most obvious choice, it's just too hard to pass on Nvidia (NVDA +1.10%). Nvidia's lineup of graphics processing units (GPUs) and CUDA software stack have become the default platform on which generative AI is built and trained. According to research from Gartner, revenue from AI processing semiconductors exceeded $200 billion last year. That said, Bloomberg Intelligence (BI) is forecasting the AI GPU market to grow at a compound annual growth rate (CAGR) of 14% through 2033 -- ultimately reaching a total addressable market (TAM) of $486 billion. What's even more encouraging is that BI suggests Nvidia could maintain up to 75% market share through 2030. While this is good news for Nvidia's GPU empire, the company is already laying the groundwork for new business lines as well. For example, Nvidia is complementing its training expertise with new inference capabilities -- striking a $20 billion partnership with inference specialist Groq. As this relationship matures, Nvidia could surprise investors and potentially expand its leadership position in the AI chip landscape as developers rely on the company for a full-stack infrastructure approach. Despite its tight grip on the AI data center mark...
Presented by SAP Ten years ago, Western Sugar made a decision that would prove prescient: move from on-premise SAP ECC to SAP S/4HANA Cloud Public Edition. At the time, artificial intelligence wasn't a priority on most roadmaps. The company was simply trying to escape what Director of Corporate Controlling, Richard Caluori, calls "a trainwreck:” a heavily customized ERP system so laden with custom...
Presented by SAP Ten years ago, Western Sugar made a decision that would prove prescient: move from on-premise SAP ECC to SAP S/4HANA Cloud Public Edition. At the time, artificial intelligence wasn't a priority on most roadmaps. The company was simply trying to escape what Director of Corporate Controlling, Richard Caluori, calls "a trainwreck:” a heavily customized ERP system so laden with custom ABAP code that it had become unupgradable. Today, that early cloud adoption is proving to be the foundation for Western Sugar's AI transformation. As SAP accelerates its rollout of business AI capabilities across finance, supply chain, HR, and more, Western Sugar finds itself uniquely positioned to take advantage of the technology. "We didn't move to the cloud thinking about AI," Caluori says. "But that decision to embrace clean core principles and standardized processes turned out to be exactly what we needed when AI capabilities became available. The clean data, the standardized workflows, the disciplined processes, all of that groundwork we laid for basic operational reasons is now the foundation that makes AI work. We were ready without even knowing it." Building AI readiness with a clean core ERP foundation Western Sugar's journey began with a familiar enterprise problem: technical debt. Years of on-premise customization had created a system that was nearly impossible to maintain or upgrade. "Because we were on premise, we could do our own coding in ABAP, and over the years we created such a mess with our internal coding that the software was no longer upgradable," Caluori explains. "The immediate benefits of moving to public cloud were clear: reduced infrastructure burden and access to standard processes refined by SAP. They've been in this business for 40 to 50 years, and they put all their experience into this one solution. Now upgrades just work." But the most significant advantage proved to be the clean core philosophy inherent in public cloud deployments, which ...
syahrir maulana/iStock via Getty Images The launch of Geron Corporation's ( GERN ) Rytelo (imetelstat) for lower-risk myelodysplastic syndromes (LR-MDS) has not been a roaring success, but a January 2026 update provides us with some insights on the road ahead. I rated GERN a hold in November 2025, noting the company's launch was stalling out , although the drug had at least grown to nearly $50M in...
syahrir maulana/iStock via Getty Images The launch of Geron Corporation's ( GERN ) Rytelo (imetelstat) for lower-risk myelodysplastic syndromes (LR-MDS) has not been a roaring success, but a January 2026 update provides us with some insights on the road ahead. I rated GERN a hold in November 2025, noting the company's launch was stalling out , although the drug had at least grown to nearly $50M in net sales per quarter, and there was potential to grow the drug further. This article looks at the December and January updates from the company to see where GERN stands now. Rytelo launch recap Rytelo achieved a fairly fast launch during its first few quarters, but despite repeatedly reporting progress in growing the percentage of patients receiving Rytelo as a first- and second-line therapy, the launch has stalled out. GERN quarterly net product revenues. (GERN press releases and quarterly filings. Chart by Biotech Beast.) With Q3'25 earnings, the CEO did not refer to a turnaround in any short time frame, instead referring to the company or its launch as a 2026 growth story. Faisal Khurshid - Leerink Partners LLC, Research Division And then, do you have a timeline that you're willing to kind of guide the Street? I don't know when we should expect growth. Harout Semerjian - CEO, President & Director No, we're saying at this point, this is a 2026 growth story , Faisal. And we are not giving any guidance at this point on our top line, but we look forward to that being something that we plan to tackle in the near future. So we're assessing at this point. But we think now we've put our heads down, get to work. And in 2026, this is a growth story over there. But we're not giving any specific guidelines in terms of is it's going to start growing on March 31 or April 15 . That's not what we're saying. GERN Q3'25 earnings call , November 5, 2025. Emphasis mine. GERN's 2026 guidance GERN hasn't reported Q4'25 preliminary revenues, like some other biotechs have in January, but the ...
Senior Taiwanese and U.S. officials discussed cooperation in artificial intelligence, tech and drones at a high-level forum begun during the first Trump administration, with the U.S. State Department praising Taipei as a “vital partner.” The U.S. is Taiwan’s most important international backer and arms supplier despite the lack of formal diplomatic ties. The U.S.-Taiwan Economic Prosperity Partner...
Senior Taiwanese and U.S. officials discussed cooperation in artificial intelligence, tech and drones at a high-level forum begun during the first Trump administration, with the U.S. State Department praising Taipei as a “vital partner.” The U.S. is Taiwan’s most important international backer and arms supplier despite the lack of formal diplomatic ties. The U.S.-Taiwan Economic Prosperity Partnership Dialogue first took place in November 2020. In a statement on Tuesday, the State Department said the sixth round of talks took place, led by Under Secretary for Economic Affairs Jacob Helberg and Taiwan Economy Minister Kung Ming-hsin, who is visiting the U.S. The two sides signed statements on the Pax Silica Declaration – a U.S.-led initiative to secure AI and semiconductor supply chains – and U.S.-Taiwan cooperation on economic security, the State Department said. “Taiwan is a vital partner on these and other important economic initiatives, and its advanced manufacturing sector plays a key role in fuelling the AI revolution,” it added. Taiwan’s Semiconductor Power The talks also featured exchanges on supply chain security, including how it relates to AI, certification on drone components and cooperation on critical minerals, the State Department said. “Discussions focused on highlighting progress in responding to economic coercion, pursuing mutual cooperation in third countries and addressing tax-related barriers to increase investment between the United States and Taiwan,” it said. Taiwan, a major producer of advanced semiconductors that power AI, has long pushed for an agreement to avoid double taxation, saying it would boost bilateral investment. In a separate statement, Taiwan’s economy ministry said both sides agreed that peace and stability across the Taiwan Strait are “crucial to global economic security and prosperity.” Security And Trade Discussions Taiwan and the U.S. also discussed undersea cable security, low-Earth-orbit satellite cooperation and the trai...
Tesla Inc. (NASDAQ:TSLA) has shared updated terms for availing free Full Self-Driving (FSD) transfers on new purchases, which are slated to end on March 31 this year. Free FSD Transfers The automaker shared updated terms and conditions on FSD transfers via its official website on Tuesday, outlining that customers taking delivery of their new vehicles between April 24, 2025, and March 31, 2026, cou...
Tesla Inc. (NASDAQ:TSLA) has shared updated terms for availing free Full Self-Driving (FSD) transfers on new purchases, which are slated to end on March 31 this year. Free FSD Transfers The automaker shared updated terms and conditions on FSD transfers via its official website on Tuesday, outlining that customers taking delivery of their new vehicles between April 24, 2025, and March 31, 2026, could be eligible for free FSD transfers. The company shared that to avail the transfer, the customer should be "the legal owner and registrant of the current vehicle," with the FSD (Supervised) purchased outright. FSD In The Spotlight The news comes as Tesla CEO Elon Musk announced the company would stop offering FSD with a one-time payment option after Valentine's Day next month, with Tesla offering the FSD system as a $99/month subscription. The move has been praised by Cathie Wood-led ARK Invest, which outlines that it would create increased value for customers. Tesla's move to offer the service as a subscription only has raised questions about the motive behind this decision. The move could be tied to Musk’s trillion-dollar pay package approved by investors last November. Among others, the package outlines 10 million active FSD subscriptions as one of the milestones the CEO has to achieve with Tesla. Tesla Q4 Earnings Meanwhile, the automaker is set to report its fourth-quarter earnings on Wednesday, where analysts expect the company's Robotaxi to take center stage. Tesla also provided company-compiled analyst estimates ahead of the earnings call, outlining $24.49 billion in revenue in Q4, of which the automotive revenue comprises $17.29 billion. According to Benzinga Edge Rankings, Tesla scores well on the Momentum metric and offers a favorable price trend in the Medium and Long term. Price Action: TSLA slipped 0.99% to $430.90 at Market close on Tuesday, but gained 0.37% to $432.49 during the After-hours trading. Check out more of Benzinga's Future Of Mobility coverage ...
XtockImages Australia's annual inflation rose to 3.8% in December 2025, up from 3.4% in November and exceeding estimates of 3.6%. Services inflation reached a two-year high of 4.1%, influenced by holiday travel and rising rents, while goods inflation increased slightly to 3.4%. The trimmed mean CPI inched up to 3.3% y/y from the prior 3.2%, in line with estimates. Monthly, the CPI rose 1.0%, picki...
XtockImages Australia's annual inflation rose to 3.8% in December 2025, up from 3.4% in November and exceeding estimates of 3.6%. Services inflation reached a two-year high of 4.1%, influenced by holiday travel and rising rents, while goods inflation increased slightly to 3.4%. The trimmed mean CPI inched up to 3.3% y/y from the prior 3.2%, in line with estimates. Monthly, the CPI rose 1.0%, picking up from a flat print in November. The S&P/ASX 200 Index rose 0.2% to around 8,960 in Wednesday morning trade, on track for a fourth consecutive winning streak to hit a fresh three-month high . The Australian dollar traded around $0.699 on Wednesday, hovering near a three-year high, after a hotter-than-expected inflation print boosted expectations of a rate hike by the Reserve Bank next month. More on Australia: EWA: Potentially Range Bound, Given The Mix Of Tailwinds And Headwinds EWA: Structural Tailwinds On One Hand, Slowdowns On The Other Australia manufacturing gains momentum while services growth hits a 4-year peak of 56.0 in January Australia's consumer confidence slips in January 2026 Seeking Alpha’s Quant Rating on iShares MSCI Australia ETF