Hua Hong Semiconductor said on Wednesday China IC Fund II would participate in a proposed RMB share issue as a strategic investor by subscribing for RMB shares worth 3 billion yuan (US$414.15 million), subject to allotment.
China's second-largest chip foundry has established an independent board committee to consider and advise...
BANGKOK — Thailand's economy is projected to grow 3.9 per cent this year, up from a previous forecast of 3.6 per cent, helped by private consumption growth and a recovery in tourism, the World Bank said on Wednesday (June 28).
Southeast Asia's second-largest economy expanded 2.6 per cent in 2022,...
LONDON: British drugmaker AstraZeneca on Wednesday (June 28) announced it would invest US$400 million (S$540m) to plant over 200 million trees by 2030 as part of its strategy for reducing carbon emissions in line with the Paris Agreement.
The commitment represents about US$60 million a year, for one of the...
BEIJING: For the second time in a month, a mouse head has been found in a lunch box meal of a cafeteria in China, state media reported on Tuesday (June 28), sparking online witticisms and a larger debate about food safety in the country.
The head of a rodent was...
JOHOR BAHRU: The Malaysian Quarantine and Inspection Service Department (Maqis) foiled an attempt to smuggle 18 tonnes of rice from Singapore that was loaded in a lorry at the Bangunan Sultan Iskandar (BSI) cargo import area in Johor Bahru.
Johor Maqis said that its enforcement officers, together with the Customs...
LONDON: When artists Lumli and Lumlong fled Hong Kong in 2021 they didn't tell a soul for fear of being reported and arrested before they could leave.
Two years later in London the couple still feel threatened by the long arm of Beijing, like many other Hong Kongers exiled in...
BANGKOK: A Myanmar military airstrike on a village killed ten civilians, locals and media reports said on Wednesday (June 28).
Fighting has ravaged swathes of Myanmar since a coup in 2021, with the junta battling ethnic rebels and dozens of new "People's Defence Forces" across the country.
Rights groups accuse the...
SEOUL: South Korea will boost its annual quota of visas for skilled workers to more than 30,000 this year from 2,000 a year ago, to help companies battling a staff crunch, the justice minister said on Wednesday (June 28).
With younger South Koreans reluctant to take up blue-collar jobs, the...
The Dutch government is planning to publish new export controls that will restrict more of ASML Holding’s chipmaking machines from being sent to China as soon as next week, according to people familiar with the matter.
The measures, which the government previously pledged to publish before the summer, will not...
Karachi – AD Ports Group of the United Arab Emirates (UAE) signed an agreement Thursday to take over the running of part of Pakistan’s main Karachi docking facility in a deal worth an immediate $220 million, the company said.
The deal will come as a shot in the arm for...
