Qualcomm shares rose 4% in premarket trading today after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump. Sales to Chinese smartphone makers jumped 40% in the first half of its fiscal year, the company said, as...
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The weakness of the Japanese yen is in the spotlight again after its latest tumble. On Monday, the currency sank to 160.17 against the US dollar, its lowest since April 1990.Keep reading list of 4 itemslist 1 of 4IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet list 2 of...
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JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft's 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday. Microsoft runs one of...
photo: AP / Thibault Camus
Singapore — The yen jumped sharply against its peers on Monday after it slid past ¥160/$ earlier in the session, leading to speculation that Tokyo could have intervened in the currency market while the country was out for a holiday. The Japanese currency strengthened about 2% from the initial 159...
photo: AP / Eugene Hoshiko