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Japan approves chip development project with Taiwan’s TSMC

Japan has ceased a US $ 338 million deal for a semiconductor research project. To develop advanced technology in the country with Taiwan Semiconductor...

Bubble tea chain raises US$656m in Hong Kong IPO

Peng Xin and Zhao Lin founded the beverage chain in Shenzhen in 2014.  Chinese bubble tea chain appears to be preparing to become billionaires...

Telecom giants agree on mega telco merger to create a new...

The telecommunications giants will create synergies within the association, from cost savings to future financial flexibility. Axiata Group Bhd, Telenor Asia Pte Ltd and...

UEM Sunrise partners Maybank Islamic’s HouzKEY

KUALA LUMPUR: UEM Sunrise Bhd has collaborated with Maybank Islamic's HouzKEY. To help a greater amount of its clients including new property holders to...

KAB partners Janakuasa in Vietnam renewable energy venture

Kejuruteraan Asastera Bhd (KAB) , a Malaysian mechanical engineering company. Signed an agreement with Janakuasa Pte., Ltd. to enter the renewable energy market in...

Trump’s tariffs led to billions of losses, Fed research shows

At the beginning of last year, there was an extremely unlikely anomaly in global trade consciousness: China mentioned that it was promoting other goods...

Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m

Singapore sovereign wealth fund GIC Pte Ltd acquired a 16% stake in Sunway Healthcare Holdings Pte Ltd (SHH) for RM750 million. In a statement...

World Bank lowers Malaysia GDP growth due to pandemic.

Kuala Lumpur: Malaysia's GDP development has been brought down to 4.5% this year from the prior 6%. According to World Bank amid the emotional...

BNM’s international reserves rise to US$111bil as at June 15

After appointing Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC) of Bank Negara Malaysia. National Bank’s foreign exchange reserves...

Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.

Despite the Biden government's call for the closure of domestic semiconductor manufacturing. GlobalFoundries Inc will build a US$4 billion (RM16.4 billion) chip factory in...
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