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KUALA LUMPUR: Worldwide sales of semiconductors rose by 5.1% in June to US$34.5bil from US$32.9bil a year ago on stronger growth in the Americas but uncertainties persist in the second half.
BEIJING (China Daily/ANN): China urged some US politicians on Monday (Aug 3) to stop politicising economic issues and abusing the concept of national security after US Secretary of State Mike Pompeo said the United States plans to take broad action on Chinese software companies over national security risks.
A growing number of US influencers are worried about TikTok’s future as the social video app faces growing scrutiny from the US government, rising competition from rivals such as Facebook and the defection of top level creators.
The visually focused social network that specialises in pinning inspirational content claims more than 400 million monthly users across its international platform.
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak returns to the courtroom for his 1Malaysia Development Bhd (1MBD) trial involving RM2.28bil just days after his conviction over corruption charges in the SRC International Sdn Bhd case.
Fund-raising to strengthen its financial technologies
THE SME Association of Malaysia has called for an organisation to be formed to appraise the qualifications of industry consultants as well as to develop certification standards and industry norms.
LONDON: HSBC Holdings PLC warned its bad debt charges could blow past a previous estimate to US$13bil this year and said its profits more than halved, as the coronavirus pandemic hammered the bank’s retail and corporate customers worldwide.