Date
24 July 2019

BUSINESS

  • The biggest shareholders in China’s new Nasdaq-style STAR Market lost a combined US$1 billion in the second day of trade on Tuesday, a day after the board’s roaring debut created three new billionaires, Reuters reports. All...
  • With about eight weeks to go for Apple’s 2019 fall event, going by the firm’s previous timing for annual flagship product announcements, speculation is mounting as to what the iPhone maker will offer consumers this year....
  • US President Donald Trump told the Pentagon to find better ways to procure a rare earth magnet used in specialty motors, warning that the nation’s defense would suffer without adequate stockpiles, Reuters reports. Attention is growing...
  • Apple Inc. is in advanced talks to buy chipmaker Intel Corp.’s smartphone-modem chip business, the Wall Street Journal reported, citing people familiar with the matter. Assuming talks don’t fall apart, the deal, valued at US$1 billion...
  • Huawei Technologies Co. Ltd. secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported on Monday, citing sources and internal documents. The Chinese telecommunications giant partnered with a state-owned Chinese firm,...
  • Credit-reporting company Equifax Inc. will pay up to US$700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, Reuters reports. While it was the largest-ever settlement for...
  • Many Taiwanese high-end electronics makers are shifting part of their production lines from mainland China back to the island to avoid tariffs and other restrictions from the United States. Industry chains always chase the most cost-efficient...
  • China announced on Monday that it will impose anti-dumping duties on some stainless steel products imported from the European Union, Japan, South Korea and Indonesia, Reuters reports. Anti-dumping tariffs of 18.1 percent to 103.1 percent will...
  • With more than four billion internet users worldwide today and 31 billion connected devices forecast by 2020, the future of the digital world lies in how people and “things” will interact with each other. The key...
  • China’s new Nasdaq-style board for homegrown technology firms started trading on Monday, with most of the stocks surging in their debut, Reuters reports. Most of the first batch of 25 companies – ranging from chip-makers to...

WORLD

  • South Korean warplanes fired hundreds of warning shots at a Russian military aircraft that entered South Korean airspace on Tuesday, defense officials said, while Russia denied violating any airspace and accused South Korean pilots of being...
  • With objectives as far-reaching as ending poverty in all its forms and delivering quality education to all by 2030, the Sustainable Development Goals (SDGs) are highly ambitious – much more ambitious than their predecessor, the Millennium...
  • Boris Johnson is expected to be elected leader of Britain’s governing Conservative Party and the country’s next prime minister on Tuesday, tasked with following through on his “do or die” pledge to deliver Brexit in just...
  • Britain called for a European-led naval mission to ensure safe shipping through the Strait of Hormuz, days after Iran seized a British-flagged tanker in what London described as an act of “state piracy” in the strategic...
  • Huawei Technologies Co. Ltd. secretly helped North Korea build and maintain its commercial wireless network, the Washington Post reported on Monday, citing sources and internal documents. The Chinese telecommunications giant partnered with a state-owned Chinese firm,...

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