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Asia down as Wall Street knocked by tech selloff, US dollar sags

TOKYO, Nov 20 — Asian stock markets slipped today, extending sharp overnight losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the US dollar sagged after weak data further sapped confidence in the…


Samsung Galaxy A7 features powerful triple lens camera

KUCHING: The all-new Samsung Galaxy A7 is the latest addition to the Galaxy A series family, featuring a powerful rear triple camera, sleek design and must have everyday features. “Samsung is committed to delivering meaningful innovation to all consumers across the Galaxy family, no matter who they are or where they are in the world” […]


A matter of volume: Threat from ascendant Chinese phones hangs over Apple

SAN FRANCISCO, Nov 15 — A raft of profit warnings from Apple Inc suppliers this week has fuelled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company's plans to make services its main…


Samsung drugmaker fined for US$4b accounts breach

SEOUL, Nov 14 — The pharmaceutical arm of giant South Korean conglomerate Samsung was fined today for alleged accounting breaches amounting to nearly US$4 billion, and had dealings in its shares suspended indefinitely. Contract drugmaker Samsung…


In another push, Elliott calls on Hyundai to boost returns, review assets

NEW YORK, Nov 14 — US hedge fund Elliott yesterday renewed pressure on South Korea's Hyundai Motor Group, urging it to return US$10.6 billion (RM44.34 billion) of capital to shareholders and consider selling non-core assets, including costly land…


Apple's Asia suppliers fall amid fears of weak iPhone sales

TAIPEI, Nov 13 — Shares in Asian suppliers and assemblers for Apple Inc fell today due to profit warnings that point to weakness in iPhone sales. Taiwan-based assembler Hon Hai Precision Industry Co Ltd (Foxconn) dropped more than 3 per cent and…


Chinese smartphone giant Xiaomi debuts in London

LONDON: China’s Xiaomi unveiled the Mi 8 Pro smartphone in London Thursday, making a UK debut as the tech giant ramps up its European presence before an expected American launch next month. Xiaomi, which is looking to gain ground on rivals Apple, Huawei and Samsung, revealed the flagship product at a launch event at the […]


As Singles’ Day nears, are China’s shoppers about to drop?

SHANGHAI: China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd which saw US$25 billion worth of goods sold on its platforms alone in the 24-hour period last year. Akin to Black Friday and Cyber Monday in the United States, ‘Singles’ […]


Stung by Asian dominance, Germany pours cash into EV battery ventures

BERLIN, Nov 9 — Germany has earmarked €1 billion (RM4.74 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told…


Asian markets mostly up as attention turns to US elections

HONG KONG, Nov 6 — Asian markets mostly rose today as focus turned to the US midterm elections, which could impact Donald Trump’s presidency, while Apple suppliers suffered on reports the tech titan had cancelled plans to ramp up output of its…