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Pakistan benchmark share index extends rally, breaches 73,000Pakistan's benchmark share index breached the key level of 73,000 to trade at a record high of 73,300 in early trade on Monday, according t...- TSMC's Q1 revenue rise beats market expectations on AI boomTSMC's Q1 revenue surged 16.5% to T$592.64 billion, surpassing estimates. Market cap at $662B. Anticipated 4% Q1 net profit rise. High dema...
- Swiss financial regulator says it will focus 'very strongly' on UBS: ReportSwitzerland's Financial Market Supervisory Authority (FINMA) is focusing strongly on UBS following its takeover of Credit Suisse. FINMA has...
- China reports death of woman from combined H3N2, H10N5 bird fluThe 63-year-old woman from Anhui province had underlying health conditions and developed cough, sore throat, fever and other symptoms on No...
- Foxconn resumes iPhone assembly at Indian facility after weather disruptionsTaiwan's Foxconn had canceled the first shift at its Indian facility producing Apple iPhones due to weather disruptions. Foxconn and Pegatr...
- 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...
- Pakistan rupee hits record low of 300 to the dollar -TradersThe currency closed at 299.6 against the dollar on Wednesday, extending losses from the previous day, when it had weakened to close at 299 ...
- US asks Iran to stop selling drones to RussiaU.S. is pushing Iran to stop selling armed drones to Russia as part of discussions on a broader unwritten understanding between Washington ...
- Walmart buys out $1.4 billion Tiger Global stake in Flipkart: WSJThe Wall Street Journal said Walmart bought the shares from Tiger Global recently, valuing the Indian company at about $35 billion. This is...
- Economic development in Asia still faces many challenges, China minister saysWang made the comments at the Asia-Pacific Economic Cooperation (APEC) conference in Detroit, where he met with several leaders and exchang...
- Google plans to upgrade search with AI chat, video clips: reportThe move comes as artificial intelligence (AI) applications such as ChatGPT are rapidly gaining in popularity, highlighting a technology th...
- 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...
- Bavarian Nordic monkeypox vaccine wins EU approvalBavarian Nordic monkeypox vaccine wins EU approval
- India Reliance delays 21-day crude unit shutdown to Sept: SourcesThe refiner had earlier planned to shut a crude unit at its 704,000 barrels per day (bpd) refinery for about three weeks in March, sources ...
- TSMC and Sony considering joint chip factory, Japan government to help -NikkeiTSMC has been concerned about the the concentration of chipmaking capability in Taiwan, which produces the majority of the world's most adv...
- ByteDance founder tells staff he's shifting away from CEO's daily work - sourcesIn May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the ...
- Qualcomm CEO says shortage of older chips likely to ease soonerDemand has soared for chips in recent months, with panic buying further squeezing capacity and driving up costs of even the cheapest compon...
- Pfizer to halt biosimilar output in China, sell assets to WuXi BiologicsThe pharmaceutical industry increasingly relies for its profits on costly biologic drugs, made from living organisms that are tougher and m...
- India's February unemployment rate rises to 7.78%, highest in 4 months: CMIEIndia's unemployment rate rose to 7.78% in February, the highest since October 2019, as per CMIE data.
- India, Vietnam agree to deepen defence cooperationThe credit offered by Modi, the first Indian prime minister to visit Vietnam in 15 years, was among a dozen cooperation agreements.
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