Latest
-
Markets
SC named best regulator in promoting Islamic finance for third year running
KUALA LUMPUR: The Securities Commission Malaysia (SC) has been honoured as the "Best Regulator in Promoting Islamic Finance" for the third consecutive year at the IFN Awards.
-
Technology
ServiceNow flags Middle East deal delays, shares crash
April 22 (Reuters) - ServiceNow reported on Wednesday that delays in closing several large government deals in the Middle East hurt first-quarter subscription revenue growth, sending its shares down 12% in extended trading.
-
Technology
Nvidia supplier SK Hynix Q1 profit rises more than five-fold, meets forecasts
SEOUL, April 23 (Reuters) - South Korea's SK Hynix posted more than a five-fold jump in first-quarter operating profit to a record on Thursday, as the artificial intelligence boom drove strong demand for both advanced and conventional memory chip products.
-
Technology
Intel lands key first customer for chip '14A' chip tech with Tesla's Terafab project, Musk says
April 22 (Reuters) - Tesla's Chief Executive Officer Elon Musk said on Wednesday the company plans to use Intel's advanced 14A manufacturing process to make chips at its Terafab project.
-
Technology
Unionised Samsung workers to hold rally in South Korea as labour unrest grows
PYEONGTAEK, South Korea, April 23 (Reuters) - Unions at Samsung Electronics said they expect about 37,000 workers to attend a rally in South Korea on Thursday, ahead of a threatened strike next month that could disrupt chip supplies amid booming demand for artificial intelligence.
-
Technology
IBM revenue growth slows on AI worries; shares fall
April 22 (Reuters) - IBM's revenue growth slowed in the first quarter on sluggishness in its software business, fanning fears of disruption from artificial intelligence tools and sending its shares down over 6% after hours on Wednesday.
-
True Or Not
QuickCheck: Is quicksand actually deadly, like in the movies?
IF you watch many action movies, you've likely seen characters trapped in quicksand, the slurry found in forests and remote areas.
-
Economy
South Korea economic growth roared past estimates in Q1, thanks to chips
SEOUL: South Korea's economy beat expectations in the first quarter of 2026 to recordthe fastest growth since mid-2020, as booming semiconductor demand offset the drag of weak public spending, central bank data showed on Thursday.
-
Corporate News
Trading ideas: PetChem, Affin, Willowglen, JAG, Samchem, Jetson, Leform, CapitaLand, United Plantations, AmFirst REIT, AME REIT, Foodie, Mayu, LBS, TAS
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
-
Technology
TI projects upbeat quarterly results on strong data center chip demand
April 22 (Reuters) - Texas Instruments forecast second-quarter revenue and profit above Wall Street expectations on Wednesday, anticipating a boost in demand for its analog chips amid the data center boom, sending its shares up over 10% in extended trading.
-
Technology
TSMC plans to open chip packaging plant in Arizona by 2029, executive says
SANTA CLARA, California, April 22 (Reuters) - Taiwan Semiconductor Manufacturing Co plans to open a chip packaging plant in Arizona by 2029, an executive told Reuters.
-
Technology
TSMC shows smaller, faster chips without a pricey new tool from ASML
SANTA CLARA, California, April 22 (Reuters) - Taiwan Semiconductor Manufacturing Co on Wednesday showed its newest generation of chip manufacturing technology, saying it expects to be able to create smaller, faster chips without requiring expensive new machines from ASML.
-
Other Sports
Olympics-Putin criticises previous IOC leadership as 'shameful, cowardly'
April 22 (Reuters) - Russian President Vladimir Putin on Wednesday criticised the former leadership of the International Olympic Committee as "shameful" and "cowardly" and said he hoped for a new approach from those now in charge of the Olympic movement.
-
Markets
S&P, Nasdaq hit records on Iran ceasefire extension, earnings
US stocks climbed on Wednesday to send the S&P 500 and Nasdaq to closing records, after US President Donald Trump extended the ceasefire with Iran, with a round of solid corporate earnings providing additional support for optimism.
-
Commodities
Oil jumps on US fuel stock drop, reports of Hormuz attacks
Oil prices settled up by more than US$3 on Wednesday after a surprise gasoline and distillate stock draw in the US, and on reports of gunfire attacks on at least three container ships in the Strait of Hormuz amid a lack of progress in peace talks between the US and Iran.
-
Technology
Coffee companies launch satellite-based program to track deforestation
NEW YORK, April 22 (Reuters) - Several coffee companies and coffee traders are launching a new system to track deforestation related to coffee cultivation around the world, JDE Peet's, one of the participating companies, said in a statement on Wednesday.
-
Technology
UK financial sector prepared for Mythos and others, says BoE co-chaired group
LONDON, April 22 (Reuters) - The Bank of England and other financial services representatives on Wednesday said the sector was prepared for developments around Anthropic's Mythos artificial intelligence model and other emerging frontier AI models.
-
Technology
Explainer-How Deutsche Telecom and T-Mobile US could pull off the world's biggest M&A deal
LONDON/BERLIN, April 22 (Reuters) - Deutsche Telekom is exploring a possible tie-up with T-Mobile US to create a $300 billion telecoms giant, sources said, in what would overtake Vodafone-Mannesmann's $203 billion merger in 1999 to become the biggest M&A deal ever.
-
Technology
Microsoft to integrate Anthropic's Mythos into its security development program
April 22 - Microsoft said on Wednesday it plans to embed advanced artificial intelligence models, including Anthropic's Claude Mythos Preview, into its secure coding framework, as the company steps up its cybersecurity capabilities.
-
Nation
Penang hawkers, wet market operators, get plastic ban reprieve
GEORGE TOWN: Hawkers and wet market traders in Penang will be exempt when the single-use plastic bag ban comes into effect on Sept 1 until suitable alternatives are found.
