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MURALIKUMAR ANANTHARAMAN
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 ...- Hyundai Motor to unveil multi-billion-dollar investment in South Korea, source saysHyundai Motor Group is reportedly planning a multi-billion-dollar investment in South Korea's west coast, focusing on robotics, an AI data ...
- Four earthquakes strike northwestern Venezuela, USGS saysNorthwestern Venezuela experienced four earthquakes late Wednesday and early Thursday. The U.S. Geological Survey reported magnitudes rangi...
- Nissan says it will not take new US orders for Mexican-built Infiniti SUVsNissan has halted new U.S. orders for its Mexican-built Infiniti QX50 and QX55 SUVs in response to President Trump’s 25% auto tariffs, sign...
- Crude edges higher on supply concerns as shipping disruptions continueBrent crude futures rose 16 cents, or 0.2%, to $82.69 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures (WTI) climbed ...
- Taiwan reports another Chinese 'combat readiness patrol' nearbyTaiwan's defence ministry detected 14 Chinese aircraft operating around Taiwan and conducting joint combat readiness patrols with Chinese w...
- India likely to restrict sugar exports after poor monsoon rainsAccording to ET Now sources, the export curb is due to poor seasonal monsoon rainfall which is vital for India's $3 trillion economy. It br...
- Dollar shines as oil surge spooks investorsDollar/yen hit 149.71 on Wednesday and traded at 149.40 on Thursday in Asia. The euro dropped 0.7% to a nine-month low of $1.0488 on Wednes...
- KKR to acquire stake in SingTel's regional data centre unit for $807 millionThe deal comes amid growing global investors' demand for infrastructure assets across Southeast Asia, lured by the region's growth prospect...
- Oil prices steady as rate hike fears offset signs of tightening supplyThat comes as top oil exporters Saudi Arabia and Russia announced a fresh round of output cuts for August. The total cuts now stand at more...
- At least three drones intercepted near MoscowTwo drones were shot down near the village of Valuevo, the RIA news agency reported. The village is about 30 km (19 miles) southwest of the...
- Yen under pressure; Australian dollar slides as inflation slowsThe yen remains under pressure against other major currencies, despite the possibility of Japanese authorities intervening to support it. T...
- Pakistani economy contracts to 0.29% GDP growth, from 6.10%Pakistan's growth was stunted by slowdowns in the agriculture, industrial and service sectors - with growth estimated at 1.55%, -2.94% and ...
- Swiss regulator says two banks' crisis plans are insufficientIt said "ZKB has not yet built up the required capital in full" and that "PostFinance must realign its emergency planning." The assessment ...
- Alibaba Cloud cuts prices by up to 50% for core, storage productsAccording to Alibaba Cloud's website, prices for elastic computing services - the ability to quickly expand or decrease processing - using ...
- Pakistan contests Moody's ratings downgrade, says can meet its obligationsMoody's cut Pakistan's sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity and external...
- 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...
- 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 ...
- COVID-19: India reports 62,224 fresh cases, 2,542 new fatalitiesThe active cases further declined to 8,65,432 comprising 2.92 per cent of the total infections, while the national COVID-19 recovery rate h...
- Pakistan stocks rise 3 pct after govt announces IMF bailout intentionPakistan's finance ministry said it was approaching the IMF for assistance.
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