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A key supplier to Apple Inc and a dozen other tech giants plans to split its supply chain between the Chinese market and the United States, declaring that China’s time as factory to the world is finished because of the trade war.
Tencent Holdings Ltd tried to reassure investors that US President Donald Trump’s ban on its WeChat messaging service may apply only to its overseas operations, suggesting the impact on the world’s largest gaming corporation should be modest.
BERLIN: Deutsche Telekom reported jumps in quarterly revenue and profit on Thursday following U.S. unit T-Mobile's $23 billion takeover of Sprint, while its underlying performance beat market expectations.
HONG KONG: China's Lenovo Group, the world's biggest PC maker, posted a better than expected quarterly profit on Thursday and said it is capturing opportunities emerging from remote working.
TOKYO: The dollar fell against most of its peers on Thursday amid fading hopes for a compromise between Republicans and Democrats over additional stimulus for the U.S. economy.
HONG KONG (AFP): Asian markets edged up Thursday (Aug 13) following a rally on Wall Street but investors continued to fret over US lawmakers' failure to find common ground on a new rescue package for their beleaguered economy.
Apple Inc spent years building China into a US$44bil (RM184.25bil) growth driver. Then the US president last week cast all that in doubt.
GAZA CITY (AFP): Israel's military said Thursday (Aug 13) it had carried out fresh overnight strikes on Hamas targets in the Gaza Strip, in response to incendiary balloons launched across the border from the Palestinian enclave.
SEOUL (Reuters) - Satellite imagery suggests recent flooding in North Korea may have damaged pump houses connected to the country's main nuclear facility, a U.S.-based think-tank said on Thursday.
Exclusive: Harris could help Biden with women, young voters, maybe some Republicans too - Reuters/Ipsos poll
NEW YORK (Reuters) - Nearly nine out of 10 Democrats approve of U.S. Senator Kamala Harris as their party's vice presidential nominee, and she is more popular than presidential candidate Joe Biden among women, young voters and some Republicans, according to a Reuters/Ipsos poll released on Wednesday.