Emaar Economic City Appoints Muhannad Kusai Alazzawi As Chairman
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Following are the results of the Philippine Bureau of the Treasury's (BTr) auction of cash management and Treasury bills on Monday:BTr awards 90 billion Philippine pesos ($1.47 billion), within the 80-90 billion pesos offer, of which:($1 = 61.2140 Philippine pesos)
Samsung Electronics KRX:005930 and SK Hynix KRX:000660 plan to each build two new massive chip fabrication sites in South Korea's southwest region as part of a national project to build chip production "ecosystem" valued at 800 trillion won ($517.87 billion), the government said on Monday.The plan…
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By Lewis Jackson, Amy Lv and Tom DalyChina's copper smelters are pushing back against a proposal from miner Antofagasta LSE:ANTO to link prices of raw material concentrate under term contracts to the spot market fearing the move will hit their already weak finances, industry sources say.Under their…
By Robyn MakKunlunxin may bag a $50 bln valuation, up 17-fold in months as semiconductor shortages continue, accounting for most of its top owner’s worth. The implied 25 times sales is akin to listed rivals. But the speed and disconnect highlight how the market is running uncomfortably hot.Full vie…
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South Korea announced plans on Monday for semiconductor, physical AI and AI data centre mega-projects.President Lee Jae Myung was joined by the leaders of Samsung Electronics KRX:005930 and SK Hynix KRX:000660, the world's two largest memory chipmakers for the televised announcement.
The Democratic Republic of Congo said late on Sunday that confirmed Ebola cases in the country had reached 1,274, including 360 deaths.
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By Clyde RussellChina's latest five-year energy plan confirms two seemingly contradictory positions: it will continue to be the world's leader in both renewable energy and coal.The trick is to view China's plans to massively expand renewable power while keeping coal production and consumption aroun…
Pfizer's GLP-1 drug Ecnoglutide and Innovent Biologics' mazdutide injection have passed a preliminary review to be potentially included in China's basic medical insurance drug catalogue, a a list published by the National Healthcare Security Administration showed on Monday.
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By Jaspreet KalraThe Indian rupee was little changed on Monday after Iran and the United States halted renewed hostilities that had cast a shadow on an interim peace deal, while traders awaited a break of the currency's prevailing range for clearer direction.The rupee FX_IDC:USDINR was hovering at…