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SINGAPORE: Oil prices jumped back above US$70 a barrel after Iran attacked two US-Iraqi bases in its first response to the killing of its top general, before paring most of their gains as Tehran signaled the strike was over.
SEOUL: With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant’s ills this year.
TAIPEI: Memory and chip stocks in Taiwan and Hong Kong climb as Samsung halts some production lines after power outage.
KUALA LUMPUR: Malaysian banks have fared well in 2019 amidst financial technology (fintech) disruption that is reshaping the industry and external headwinds and uncertainties brought by, among others, Brexit and the trade spat between the United States and China.
THE e-commerce market in Bangladesh stands at US$1.6bil (RM6.62bil) currently and will double to US$3bil by 2023 on the back of a digital foundation laid down by the government and a young and tech-savvy population, a German research firm said recently.
TOKYO: There is growing optimism that the semiconductor industry’s cyclical slump is coming to an end. One Japanese machinery manufacturer is already seeing evidence that a recovery is taking root.
SAN FRANCISCO: Micron Technology Inc gave a strong sales forecast for the current quarter and told investors it’s through the worst of a slump in the memory-chip industry.
SEOUL: Samsung Electronics Co Ltd board Chairman Lee Sang-hoon was sentenced to 1-1/2 years jail for sabotaging legitimate union activities, a South Korean court said.
HONG KONG: A Chinese chip designer who helped Bitmain Technologies Ltd. become the world’s largest maker of Bitcoin mining rigs before starting his own company has been arrested, according to three people familiar with the matter.