Samsung to focus on high-end chips to improve earnings after disappointing results SEOUL: Samsung Electronics said it would focus on producing high-end chips to improve profitability after reporting... Published 31 Oct, 2024 09:46am
Markets Wall Street loses ground as chip, oil stocks plummet NEW YORK: Wall Street slipped on Tuesday, with the tech-heavy Nasdaq leading the decline, as a slump in ... Published 16 Oct, 2024 06:58am
Technology ByteDance plans new AI model trained with Huawei chips, sources say TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei... Published 30 Sep, 2024 11:28am
Markets Nikkei ends higher as tech tracks Dow’s record close TOKYO: Japan’s Nikkei share average ended higher on Friday, with technology stocks leading the gains, as traders... Published 31 Aug, 2024 06:55am
Markets Japan’s Nikkei edges higher on weaker yen TOKYO: Japan’s Nikkei share average closed higher on Wednesday amid a weaker yen, but earnings from AI darling... Published 29 Aug, 2024 06:53am
Markets Insurance, chemical stocks keep STOXX 600 at over one-month high PARIS: The benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and... Published 29 Aug, 2024 06:53am
Markets Nasdaq leads Wall Street lower as Nvidia results loom NEW YORK: Wall Street’s main indexes were lower on Wednesday ahead of Nvidia’s earnings, with the Nasdaq leading... Published 29 Aug, 2024 06:53am
Business & Finance Buffett’s Berkshire Hathaway hits $1trn market value NEW YORK: Warren Buffett’s Berkshire Hathaway holding company briefly crossed $1 trillion in market value... Published 29 Aug, 2024 06:53am
Markets US stocks waver in lead up to data deluge NEW YORK: US stocks struggled for direction on Monday as investors braced for a slew of economic data this week with... Published 13 Aug, 2024 07:02am
Markets Nasdaq slumps as megacaps, chips fall ahead of results NEW YORK: The Nasdaq dropped 1% on Tuesday as chip and megacap shares took a hit ahead of Big Tech earnings, while... Published 31 Jul, 2024 06:50am
Opinion The unglamorous part of leading We see fame. We see wealth. We see respect. We see adulation. We see success. We see impact. That is what we see and... Updated 26 Jul, 2024 08:26am
Business & Finance Asian currencies range-bound BENGALURU: Taiwanese shares tanked to a one-month low on Monday with the Taiwanese dollar leading losses among other... Published 23 Jul, 2024 08:29am
Technology Nvidia preparing version of new flagship AI chip for Chinese market, sources say SINGAPORE: Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible... Published 22 Jul, 2024 11:29am
Markets Nasdaq, S&P 500 power on as Nvidia surge lifts tech stocks NEW YORK: The S&P 500 and the Nasdaq hovered at record highs on Tuesday, propelled by gains in Nvidia and other... Published 10 Jul, 2024 03:14am
Markets S&P 500, Nasdaq hit all-time highs NEW YORK: The Nasdaq and the S&P 500 touched record highs on Friday after an in-line inflation report... Published 29 Jun, 2024 06:40am
Markets Japan’s Nikkei rallies on fresh tech momentum TOKYO: Japan’s Nikkei share average climbed more than 1% to secure a 2-1/2 month closing peak on Wednesday, as... Published 27 Jun, 2024 06:52am
Markets Nasdaq gains as chip stocks recover ground NEW YORK: The tech-heavy Nasdaq jumped over 1% on Tuesday, buoyed by strength in Nvidia and other megacaps, while ... Published 26 Jun, 2024 03:15am
Markets China stocks lower as semiconductor shares drag SHANGHAI: China stocks ended lower on Tuesday, weighed down by semiconductor stocks, ahead of the release of more... Published 26 Jun, 2024 03:15am
Markets European stocks fall as Nvidia slump hits tech sector LONDON/SYDNEY: European stocks fell on Tuesday after a 7% drop in chipmaker Nvidia dragged down US tech companies on... Published 26 Jun, 2024 03:15am
Business & Finance Goldman Sachs raises S&P 500 year-end target to 5,600 Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier, citing... Published 17 Jun, 2024 11:40am
Markets Nasdaq, S&P 500 rise on soft producer inflation data, chip strength The S&P 500 and Nasdaq indexes hovered near record highs on Thursday, lifted by a jump in chip stocks after... Published 13 Jun, 2024 07:41pm
Business & Finance Apple becomes the first $1 trillion global brand, Nvidia’s value triples, report says Apple has become the first brand to cross $1 trillion in brand value, a 15% jump from last year, while chipmaker... Published 12 Jun, 2024 05:16pm
Business & Finance Nvidia overtakes Apple as No 2 most valuable company NEW YORK: Nvidia’s rallied to record highs on Wednesday, with the artificial intelligence chipmaker’s valuation... Published 07 Jun, 2024 06:24am
Technology Intel unveils new chip tech in AI battle with Nvidia, AMD TAIPEI: US chip titan Intel on Tuesday struck a defiant tone in the face of strong challenges from rivals Nvidia, ... Published 05 Jun, 2024 07:47am
World Samsung Electronics workers’ union announces first strike SEOUL: A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said... Published 30 May, 2024 06:19am
Markets Wall Street bounces back ahead of long weekend NEW YORK: US stock indexes climbed on Friday, regaining some lost ground following a weak session on Wall Street... Published 25 May, 2024 06:33am
Markets Nasdaq jumps on Nvidia results cheer NEW YORK: The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidia’s blowout revenue... Published 24 May, 2024 06:27am
Technology TSMC sees annual sales growth to reach 10% in semiconductor industry HSINCHU: Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual... Published 23 May, 2024 10:55am
Markets Tech stocks lift Japan’s Nikkei on boost from Nvidia’s robust outlook TOKYO: Japan’s Nikkei share average rose on Thursday led by a rally in technology stocks, after US peer Nvidia’s... Published 23 May, 2024 10:45am
Markets Carmakers drive European stocks to one-week low PARIS: European stocks closed at a one-week low on Wednesday, hurt by a sell-off in automakers following a report... Published 23 May, 2024 05:16am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer