Markets

Europe's ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in a report on Thursday, urging policy makers to focus instead on rebuilding the region's chip design industry.

Malaysian telecoms company Axiata Group Bhd and Norway's Telenor ASA are nearing a deal to combine their Malaysian mobile operations to create the country's top player in the highly competitive sector.

REUTERS: Gupshup on Thursday said it had raised US$100 million from investment firm Tiger Global Management, valuing the messaging services provider at US$1.4 billion. The company, which had its last funding round about a decade ago, said it saw greater investor demand than anticipated and ...

Production of some of Apple Inc's MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday.

SEOUL: South Korea's Krafton Inc, the video game holding company that publishes the blockbuster game PlayerUnknown's Battlegrounds (PUBG), has applied for preliminary approval for an initial public offering (IPO), Korea Exchange said on Thursday. The IPO is expected to be one of the biggest ...

SINGAPORE: About S$370 million in government payouts under the Jobs Support Scheme (JSS) were erroneously credited to about 5,400 companies in October last year, after mistakes were made in computing the disbursements.    The overpayments make up about 6 per cent of the total amount paid out under ......

Uniqlo's parent company Fast Retailing said Thursday it expects a stronger rebound in full-year operating profit driven by a solid performance in East Asian countries hit less hard by virus lockdowns.

Social media giant Twitter on Thursday launched an emoji for the Milk Tea Alliance, a global online pro-democracy movement that has united anti-Beijing campaigners in Hong Kong and Taiwan with protesters in Thailand, Myanmar and beyond.

Apple Inc said it plans to argue that it faces abundant competition in the market for video game transactions to defend itself against antitrust allegations by "Fortnite" maker Epic Games, the iPhone maker said on Thursday.

HONG KONG: Chinese online video site Bilibili is in talks to buy a 24per cent stake and the headquarters building of Yoozoo Games as part of a deal worth nearly 5 billion yuan (US$765 million), two people said, as it seeks to expand in the world's top gaming market....