Markets

An international coalition of lawmakers has written to HSBC Holdings Chairman Mark Tucker, calling on the bank to unfreeze Hong Kong pro-democracy activist Ted Hui's accounts.

SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.

Polish video game maker CD Projekt is focusing on improving Cyberpunk 2077 and restoring the trust of players and partners disappointed with its flagship game, Puls Biznesu daily reported the group's CEO as saying.

Asian chipmakers are rushing to expand their production capacity to meet a global shortage that has been acutely felt by carmakers, but the firms warn that the supply gap may take many months to plug as they struggle to keep up with strong demand.

BERLIN: Renesas Electronics Corp and Dialog Semiconductor said on Monday they had agreed for the Japanese chipmaker to buy the Frankfurt-listed chip designer for 4.9 billion euros (US$5.90 billion) in cash. Renesas, one of the world's biggest auto chip makers, has offered 67.50 euros a share ...

German sports car maker Porsche AG is setting up an assembly plant in Malaysia under a partnership with trading conglomerate Sime Darby Bhd's automotive business, The Edge Weekly reported citing sources.

South Korea's Hyundai Motor Co and Kia Corp said on Monday they are not in talks with Apple Inc on developing autonomous vehicles.

Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack.

Vietnam has awarded a licence to South Korea's LG Display Co. to raise its investment in the country's northern port city of Haiphong by US$750 million to US$3.25 billion, local media reported on Monday.

SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.