SK Hynix posted a 38per cent jump in second-quarter earnings to report its biggest quarterly profit in more than two years, as memory chip demand for PCs and other devices surged rapidly and demand from computer server operators recovered.
South Korea's economy expanded at the fastest annual pace in a decade in the second quarter, thanks to a pick up in private consumption, though a resurgence of COVID-19 casts doubt over the outlook for growth for the rest of the year.
Amazon.com on Monday (Jul 27) denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report from London's City AM newspaper, citing an unnamed "insider", sent the world's biggest cryptocurrency up as much as 14.5 per cent before...
Facebook is creating a product team to work on the "metaverse," a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said on Monday.
As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.
The new “work from anywhere” movement is allowing employees to choose flexibility over allegiance to employers they have become disconnected from, says a business professor.
Shares in China's food delivery giant Meituan plunged 14 percent Monday after new rules were issued to protect hard-pressed drivers, fuelling investor concerns over rising employment costs.
Losses at India's Tata Motors narrowed between April and June, boosted by a 108-percent jump in revenues, the company said Monday, even as Covid-19 lockdowns and semi-conductor shortages hit its bottom line.
DBS has made over 12,000 collateral-free loans totalling more than S$6.2 billion to small and medium-sized enterprises (SMEs) since the start of Covid-19, including nearly S$1 billion in collateral-free loans approved in the year to date.
ONLINE brokerage iFast Corporation's chief executive Lim Chung Chun is confident his company will continue to deliver "healthy growth" this year, after reporting another quarter of blistering year-on-year gains in earnings and dividends.
