ERIKA JOHNSON
SK Hynix to invest US$11bil in new South Korea chip plant
SEOUL: SK Hynix Inc, the world's second-largest memory chip maker, said it will invest 15 trillion won ($10.9 billion) over the next five years...
Indonesia hikes fuel prices by 30%, cuts energy subsidies
JAKARTA, Indonesia: Fuel prices increased by about 30% across Indonesia on Saturday. After the government reduced some of the costly subsidies that have kept...
EcoWorld in end-financing tie-up with Public Bank
PETALING JAYA: Eco World Development Group Bhd (EcoWorld) has inked a memorandum of understanding (MoU) with Public Bank Bhd to offer a special end-financing...
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
KUALA LUMPUR: Malaysia has attracted RM123.3 billion (US$28.0 billion) worth of approved investments in the manufacturing, services, and primary sectors involving 1,714 projects from...
Finland, Sweden move ahead toward possible NATO membership
HELSINKI Finland: European Union nations Finland and Sweden reached important stages. On their way to possible NATO membership. As the Finnish government issued a...
Biden waiving the ethanol rule in a bid to lower gasoline...
MENLO, Iowa USA: With inflation at a 40-year high, President Joe Biden journeyed to corn-rich Iowa on Tuesday. To announce a modest step aimed...
Hundreds Of thousands hit Pakistani streets to protest Imran Khan’s ouster
Pakistan: Huge rallies were held in cities across the South Asian country in favor of the ex-premier and against "foreign interference." A day after...
S&P downgrade indicates Russia headed for historic default
BOSTON USA: The credit rating agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt. Signaling rising prospects that...
SpaceX launches 3 visitors to the space station for $55M each
CAPE CANAVERAL, Florida USA: SpaceX launched three rich businessmen and their astronaut escorts to the International Space Station on Friday. For more than a...
Europe agrees to ban Russian coal but struggles with oil, gas
The European Union nations have agreed to ban Russian coal the first sanctions on the vital energy industry over the war in Ukraine. But...