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Samsung's chip profit posts almost 50-fold growth but supply worries cloud 2027 outlookSamsung Electronics achieved record profits, fueled by a massive surge in chip income. The company anticipates a severe chip shortage next ...- Global Market Today: Asian stocks gain, dollar wobbles as Trump extends Iran ceasefireU.S. stock futures rose and the dollar wavered after President Trump announced an indefinite extension of the Iran ceasefire, buoying marke...
- Five people missing, one dead as heavy rain hits South Korea, Yonhap reportsHeavy rain, flooding, and landslides in South Korea have resulted in at least ten deaths and eight missing persons as of Sunday. Gapyeong c...
- Ant Group's President Han to become CEO in March; Jing to stay as chairmanCyril Han, the current president and financial chief of Ant Group, is set to become the new chief executive starting March 1st. He replaces...
- Canada confirms first case of clade I mpox in CanadaCanada confirmed its first case of clade I mpox in Manitoba. The case is linked to an outbreak in central and eastern Africa, and the indiv...
- Star Health sues Telegram after hacker uses app's chatbots to leak dataStar Health, a leading Indian insurer, has taken legal action against Telegram and a hacker after personal data and medical reports of poli...
- Roche considering divesting $1.9 billion cancer data startup: reportRoche had paid $1.9 billion for New-York based Flatiron Health in 2018 to speed its development of cancer medicines and support its efforts...
- Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in JuneXiaomi's SU7 electric sedan secured 75,723 orders by April 24, with a delivery target of over 10,000 units in June. Founder Lei Jun aims to...
- China Evergrande shares plunge more than 80% as trade resumes after 17 monthsThe stock had been suspended since March 21, 2022. Its Hong Kong-listed units, China Evergrande New Energy Vehicle Group and Evergrande Pro...
- Bank of Korea holds interest rates steady, as expectedThe decision matched the forecast of 43 economists in a Reuters survey, which also projected the central bank to stay on hold until the end...
- Nikkei leads Asia higher, China struggles to keep upAsian shares rose, driven by demand for tech stocks in Japan. The outlook for the Chinese economy and U.S. interest rates is expected to be...
- South Korean President Yoon Suk-yeol apologises for Halloween crush, vows justiceThe Oct. 29 crush killed 156 people, mostly in their twenties and thirties, and injured another 197 when revellers flooded the narrow alley...
- Saudi Aramco's quarterly net income up 39% to $42.4 billionAramco joins oil majors such as Exxon Mobil Corp and Chevron that have reported strong or record breaking results in recent weeks, benefiti...
- China Evergrande faces winding-up lawsuit in Hong KongEvergrande in a filing at the time said the appointment of receivers and potential sale of relevant secured assets "would not have material...
- Bosch halts production at two China plants due to COVID-19 curbsTwo other auto parts plants in Shanghai and neighbouring Taicang city are maintaining "closed-loop" operations, in which workers sleep, liv...
- Didi's $4 billion US IPO to close on MondayDidi set a price range of $13 to $14 per American Depositary Share (ADS), a regulatory filing showed on Thursday, and said it would offer 2...
- Oil slips again on surging US dollar, but holds above $70Brent crude futures were down 52 cents, or 0.7%, at $72.56 a barrel as of 0227 GMT, extending a 1.8% decline on Thursday.
- Around 27 paintings by three generations of Wyeths donated to Maine's Farnsworth MuseumThe Rockland museum did not disclose the value of the gifts.
- US regulator opens inquiry into Wall Street's blank check IPO frenzy: SourcesThe US Securities and Exchange Commission (SEC) in recent days sent letters to Wall Street banks seeking information on their special purpo...
- UAE finance minister and Dubai deputy ruler, Sheikh Hamdan, diesSheikh Hamdan, aged 75, was the brother of the current ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum.
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