Lifestyle
TSMC says construction of first European plant on track to start in fourth quarter
TAIWANESE chipmaker TSMC plans to start construction of its first European facility in the fourth quarter of 2024, it said on Tuesday (May 14).
At a conference in the Netherlands,...
Miyoshi chief executive charged over accounting irregularity
THE chief executive officer of metal component manufacturer Miyoshi, Andrew Sin Kwong Wah, has been charged over the company’s failure to comply with Section 201(5) of the Companies Act....
Greenback edges up as traders await US inflation data, sliding yen in focus
THE US dollar edged higher on Tuesday (May 14) as traders awaited US inflation data, while the yen hovered near a two-week low, stoking intervention worries.
The sterling fell sharply,...
US dollar slips after unexpected rise in US producer prices
The US dollar was slightly lower on Tuesday (May 14) after an initial jump following an unexpected increase in US producer prices in April that indicated inflation remained elevated...
Sea posts US$23 million Q1 loss; higher costs temper record-high Shopee revenue
E-COMMERCE and gaming company Sea recorded a US$23 million net loss for the first quarter ended Mar 31, reversing its year-ago US$87.3 million profit.
The company’s e-commerce arm Shopee...
Foxconn-backed Sharp to end TV display production, cut staff
FOXCONN-backed Sharp Corp is exiting TV panel production and plans to seek volunteers for early retirement, abandoning a business in which it lost out to Chinese rivals.
The Japanese electronics...
Indonesia’s Pertamina ramps up Balikpapan refinery operation after revamp
Indonesia’s state refiner Pertamina is ramping up operations at its Balikpapan refinery after completing a revamp that started in February, a company official said on Tuesday (May 14).“Actually (the...
Vodafone reports 2% rise in annual profit after stronger final quarter
Vodafone reported on Tuesday (May 14) a 2.2 per cent rise in organic earnings for 2024, meeting market forecasts, after it returned to top-line growth in the final quarter...
