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MADRID (Reuters) - Spain's government has approved a plan to spend 12.25 billion euros ($13.12 billion) on the semiconductor and micro chip industry by 2027, Economy Minister Nadia Calvino said on Tuesday, including 9.3 billion euros to fund the building of plants.
SYDNEY: Asian shares slid on Tuesday as relief at a rally on Wall Street was punctured by a retreat in U.S. stock futures, while the euro held near one-month highs as odds narrowed on a July rate rise from the ECB.
HANOI (Vietnam News/Asia News Network): Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.
HOUSTON: Oil prices were little changed on Monday, settling just slightly higher as worries over a possible recession vied with an outlook for higher fuel demand with the upcoming U.S. summer driving season and Shanghai's plans to reopen after a two-month coronavirus lockdown.
DAVOS, Switzerland (Reuters) - The Serum Institute of India (SII), the world's biggest vaccine maker, is considering setting up its first manufacturing plant in Africa as it looks to expand globally after its success in selling COVID-19 shots, its CEO told Reuters on Monday.
BEIJING, May 23 (Xinhua) -- China will adopt a package of measures to stabilize economic performance, in an effort to get the economy back to normal track and keep major economic indicators within an appropriate range, according to a decision made at the recent State Council's Executive Meeting chaired by Premier Li Keqiang.
PETALING JAYA: IOI Corp Bhd’s outlook looks promising due to the seasonal recovery in production of palm oil along with Indonesia’s lift of its 25 days palm oil exports ban.
US unveils 13-nation economic pact to assert Asia leadership; seven South-East Asian countries included
The Biden administration announced that a dozen Indo-Pacific countries will join the US in a sweeping economic initiative designed to counter China’s influence in the region, even as questions remain about its effectiveness.