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Samsung replaces chip chief with veteran exec Jun as SK Hynix takes AI lead

The move is likely aimed at catching up in the market for top-end chips used in artificial intelligence (AI) such as high bandwidth memory (HBM) chips where Samsung has fallen behind rivals

What's happening in Gaza is not genocide, says Biden as he defends Israel

Biden has faced protests at many of his events around the country from pro-Palestinian advocates who have labeled him Genocide Joe for his steadfast support for Israel

Bond yields seen easing as Indian govt cuts T-bill supply for 6 weeks

The 7.18 per cent 2033 bond yield is expected to trade between 7.05 per cent and 7.10 per cent, after ending at 7.0925 per cent, a trader with a state-run bank said

AI-intensive sectors show surge in workers' productivity, says PwC

The data suggested that the rise of artificial intelligence could help countries to break out of a rut of low productivity growth which would boost economic growth, wages and living standards

US elections 2024: Here's a list of candidates running for President's post

Trump, in office from 2017-2021, has secured enough delegates to clinch the Republican nomination, setting up the first presidential rematch in nearly 70 years

Will step down once successor is announced, says FDIC chair Gruenberg

Gruenberg had clung to his job since November when a Wall Street Journal report exposed widespread misconduct at the FDIC, despite outcry from multiple congressional Republicans and some Democrats

Asia stocks slip as investors await Fed meeting to gauge possible rate cut

Japan's Nikkei was a rare bright spot, rising 0.2%, adding to the previous day's 0.73% rally

Ford Motor backs new US rules to cut vehicle emissions through 2032

Earlier, a trade group representing General Motors, Toyota Motor, Volkswagen, Ford and nearly all other major automakers on Monday said it supported two key aspects of the rule

Dell Technologies deepens AI push with new PCs, Nvidia-powered servers

Its AI-capable PCs will come with the Qualcomm Snapdragon X series chips that feature neural processing units(NPUs) dedicated to processing complex AI tasks

Microsoft highlights 'Copilot+' PCs ahead of developer conference

Microsoft showed a feature called "Recall," which will help users find files and other data that they have seen on their PC, even if it was a tab opened in a Web browser

ICC arrest request for Israeli PM Netanyahu is unhelpful, says UK

President Joe Biden on Monday condemned as outrageous an attempt by the chief prosecutor of the world's top war crimes to seek arrest warrants for Israeli leaders

BMW imported 8,000 cars with parts from banned Chinese supplier: US Senate

The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group

Gold hits record high at $2,438 as Fed rate cut bets burnish appeal

The dollar index remained subdued, making greenback-priced bullion more attractive to buyers holding other currencies

SAIL Q4 results: Net profit falls 3% to Rs 1,126 cr on softer steel prices

The state-owned firm's consolidated net profit for the quarter ended March 31 declined to Rs1,126 crore ($135.22 million) from Rs 1,159 crore a year earlier

Apple slashes iPhone prices in China amid fierce competition from Huawei

The discounting comes as the U.S. tech giant seeks to defend its position in the high-end smartphone market, where it faces increasing competition from local rivals such as Huawei

Google to invest 1 bn euros into Finnish data centre to drive AI growth

In recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundant availability of renewable power

Metals, stocks shine amid economic optimism due to slower inflation

Gold climbed more than 1% to a record $2,449.89 an ounce, while three-month copper on the London Metal Exchange surged as much as 4.1% to a historic high of $11,104.50

Iran's supremo approves Mokhber as interim Prez, declares 5 days mourning

Iran now has a maximum period of 50 days before a presidential election must be held to choose Raisi's successor

AstraZeneca to establish $1.5 billion cancer drug plant in Singapore

The facility, which will be the drugmaker's first end-to-end ADC production site, will be supported by the Singapore Economic Development Board

France unrest: Protestors block New Caledonia roads as police pour in

Road blocks were making it difficult to supply food to stores in several areas and provide secure travel for medical staff, New Caledonia government officials said