- December 24th, 2024
The global semiconductor supply chain, the United States announced on Friday (Nov 15) that Taiwanese chip manufacturing giant Taiwan Semiconductor Manufacturing Company (TSMC) will receive up to $6.6 billion in direct funding to construct three state-of-the-art chip plants in Arizona. ...
In a landmark move set to deepen economic ties between Vietnam and South Korea, LG Display has been granted an investment license by Vietnamese authorities to increase its investment in the Haiphong Economic Zone by $1 billion. This new inflow...
Russia's state defense agency, Rosoboronexport, announced a groundbreaking development in international defense trade during the Airshow China 2024, held in Zhuhai. For the first time, Rosoboronexport has signed an export contract for its Su-57E, the export variant of its fifth-generation...
Daim Zainuddin, a former Malaysian finance minister who played a pivotal role in guiding Malaysia’s economy through turbulent times, passed away on Wednesday at the age of 86. Daim, who served two separate terms as finance minister, died in a...
Japan’s automotive industry into the spotlight, Nissan Motor Co. finds itself battling significant challenges as a recent, steep decline in performance has attracted the attention of prominent activist investor Effissimo Capital Management Pte. The Singapore-based hedge fund, known for aggressively...
A Russian Navy frigate, equipped with advanced Zircon hypersonic cruise missiles, has completed a passage through the English Channel and is currently carrying out operations in the Atlantic Ocean. The vessel, named Admiral Golovko, is a recent addition to the...
The U.S. dollar held close to a four-month peak against other major currencies on Tuesday as investors continued to support assets they believe will benefit from the anticipated policies of incoming President Donald Trump. Market trends reflected a renewed confidence...
In early trading on Tuesday, oil prices exhibited little movement as investors awaited key insights from the upcoming monthly report by the Organization of Petroleum Exporting Countries (OPEC). This report is anticipated to shed light on production levels, demand forecasts,...
China’s largest e-commerce platform, Alibaba Group, has announced impressive sales numbers following this year’s Singles’ Day shopping festival, reporting “robust growth” and a “record number” of shoppers. The annual retail event, which began as a one-day affair on November 11,...
Japan’s Prime Minister Shigeru Ishiba has been voted back into office by Japanese lawmakers despite losing his coalition’s majority in the recent lower house election. The vote, held on Monday, November 11, ensures Ishiba remains at Japan’s helm, but his...
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