Author Archives: Syndicated Content
China’s top chipmaker SMIC says smartphone, PC demand has ‘dropped like a rock’
SHANGHAI (Reuters) - China's top chipmaker Semiconductor Manufacturing International Corp said on Friday it anticipates smartphone sales from its clients this year to fall by at least 200 million unit...
May 13, 2022
Hong Kong’s Q1 GDP contracts by 4% y/y; 2022 growth forecast revised down
HONG KONG (Reuters) -Hong Kong's economy contracted by 4% in the first quarter from the same period a year earlier, government data showed on Friday, ending four quarters of recovery as the city impos...
May 13, 2022
Japan says Russia should be held accountable for atrocities-Japan official quoting foreign minister
TOKYO (Reuters) - Japanese Foreign Minister Yoshimasa Hayashi told his Ukrainian counterpart on Friday Russian atrocities in Ukraine were totally unacceptable and Moscow should be held accountable for...
May 13, 2022
Global equity funds see massive outflows on slowdown fears
(Reuters) - Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening by major central banks to tame stubborn inflation spooke...
May 13, 2022
Chevron, Pertamina to explore lower carbon opportunities in Indonesia
(Reuters) - U.S. energy company Chevron Corporation and Indonesia's state energy company PT Pertamina have signed a deal to explore lower carbon business opportunities in Indonesia, the companies said...
May 13, 2022
Use American Rescue Plan funds to fight crime, Biden to tell states
WASHINGTON (Reuters) - President Joe Biden will urge state and local leaders on Friday to make greater use of money from the $1.9 trillion American Rescue Plan to fight crime as cities gird for summer...
May 13, 2022
Six people confirmed dead in Slovenia chemical plant blast
(Reuters) - Six people were confirmed dead after an explosion at a chemical plant in southeastern Slovenia, state news agency STA reported on Friday. The explosion occurred on Thursday in the town of ...
May 13, 2022
Samsung in talks to hike chipmaking prices by up to 20% – Bloomberg
SEOUL (Reuters) -Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday. The move is part of an industry-...
May 13, 2022
Israel resumes raids in West Bank area where journalist was killed
JERUSALEM (Reuters) - Israeli forces resumed raids in the occupied West Bank area of Jenin on Friday, where a prominent Palestinian journalist was shot dead this week, wounding at least four people, t...
May 13, 2022
Analysis-Hero to hindrance: Australia PM Morrison hurts party’s election hopes
By Kirsty Needham SYDNEY (Reuters) - Three years ago, Scott Morrison's ebullient personality as the little known and newly installed leader of Australia's Liberal Party was a big factor in its unexpec...
May 13, 2022
