Taiwan quake may push up 2Q memory chip prices
TAIPEI: The powerful earthquake that hit semiconductor powerhouse Taiwan last week may push up chip prices temporarily, according to market…
Corporate News
Succession drama grips commodity trading firms
WASHINGTON: Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading…
Malaysia’s Graphjet Technology to set up graphite facility in Nevada
Malaysia's Graphjet Technology said on Monday it would build a commercial artificial graphite production facility in Nevada, as the U.S.…
Aeon Credit maintains cautious outlook amid global challenges
PETALING JAYA: Aeon Credit Service (M) Bhd will maintain a cautious outlook as geopolitical tensions, inflationary pressures and prevailing volatility…
EVD gets RM59.64mil smart building contract
PETALING JAYA: EVD Bhd’s wholly-owned subsidiary, EV-Dynamic Sdn Bhd, has been awarded a sub-contract worth RM59.64mil from Sunway Construction Sdn…
SCIB gets revised RM162mil contract for PR1MA housing project in Kelantan
PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) has secured a RM162mil revised contract from AUEI Teras Holding Sdn Bhd for…
Intel factory losses widen to US$7bil
Intel Corp, revealing new details about its manufacturing operations, says that losses have deepened at the chipmaker’s factory network and…
Tesla reports drop in auto sales while Toyota sees US surge
Tesla reported sharply lower first-quarter auto sales on Tuesday amid an underwhelming demand outlook for electric vehicles (EVs), while legacy…
Americans turn to buying cheaper cars
Toyota Motor Corp and Honda Motor Co notched big US sales gains to start the year and General Motors Co…