Japan’s factory output records weakest quarter since pandemic
Production, retail sales, and labour market data highlighted Japan’s fragile economic recovery, with domestic consumption a…
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FMTBizWorld
Samsung says Q1 operating profits soar nearly tenfold year-on-year
Samsung’s operating profit surged to US$4.85 billion as the Memory Business regained profitability by meeting demand for…
Copper price tops US$10,000 for first time in two years
Copper’s demand surges due to its versatility in renewable energy, including electric vehicles, solar panels, and wind…
US TikTok bill sets up fight over free speech protections
Legal experts say opponents could argue the law limits free speech by restricting user expression and business promotion on the…
US reviews risks of China’s use of RISC-V chip technology
The rapid adoption of RISC-V technology by major Chinese firms, such as Alibaba, intensifies the US-China semiconductor rivalry.…
Gold backtracks as Middle East tensions ease following strikes
Gold traded just below US$2,377 per ounce, continuing its five-week winning streak, the longest in more than twelve months.…
Asian shares mixed as Fed’s Powell warns of longer inflation fight
Federal Reserve chair Jerome Powell indicated the central bank may need to keep rates higher for longer than previously thought.…
Foreign firms’ losses from exiting Russia top US$107 billion
Asset sales by Shell, HSBC, Polymetal International, and Yandex this year have totalled nearly US$10 billion, with discounts as…
India extends ban on onion exports indefinitely
Traders estimate that India accounts for more than half of all onion imports by Asian countries. (AP pic)
MUMBAI: India has…
PepsiCo to invest US$400mil more in two new plants in Vietnam
PepsiCo, operating five factories throughout Vietnam, established its presence in the country in 1994. (Unsplash pic)
HANOI: US…