Markets

Taiwan's exports rose for a 10th straight month in April, and far exceeded expectations, as global demand for microchips and hi-tech gadgets remained strong in the work-from-home COVID-19 pandemic boom, and the outlook looks robust. Exports rose 38.7per cent from a year earlier to US$34.96 billion ...

SAN FRANCISCO: Twitter on Thursday (May 6) began letting some users add virtual tip jars to accounts so people can support their tweets by tossing in money. A limited number of users around the world who tweet in English can add a "Tip Jar" feature to their profiles, according to...

LONDON: Swiss company South Pole is developing a carbon removal purchase facility with Japan's Mitsubishi Corp which aims to procure US$300 million to US$800 million worth of carbon dioxide (CO2) removal credits by 2030, South Pole said on Friday. More than 190 countries have signed up to the ......

TOKYO: Japan Airlines posted an annual net loss of US$2.6 billion on Friday (May 7) but did not release a forecast for the current financial year, citing uncertainty around the COVID-19 pandemic. The carrier, Japan's second-largest by market share, suffered a net loss of 286.7 billion yen for the...

Ericsson said on Friday it had reached a multi-year agreement on global patent licenses with Samsung, ending a dispute that hit the Swedish telecom equipment maker's first-quarter revenue.

India has held up approvals for import of wifi modules from China for months, driving companies such as U.S. computer makers Dell and HP and China's Xiaomi, Oppo, Vivo and Lenovo to delay product launches in a key growth market, two industry sources said.

Chinese companies raised a record US$148 billion through global equity capital markets in the first four months of 2021, data showed, as they tapped the ample cash available with investors due to the coronavirus pandemic.

SINGAPORE: Companies that have traditionally relied on migrant workers from India and Bangladesh are now looking further afield for labour, several firms told CNA. However, they also said that they are just starting to explore the options, and to expect project delays and disruptions for the time ...

BMW reiterated its full-year profit margin outlook on Friday, but said that it expected the rest of the year to remain volatile and that rising raw material costs could hurt earnings moving forward.

Japanese trading house Sumitomo Corp is assuming under its earnings forecast for the year to March 2022 that no profits will be made from its telecommunications business in Myanmar because of political instability, an executive said on Friday.