Shares of Samsung Electronics rallied on Tuesday, joining its bigger rival TSMC, driven by growing expectations that the chipmakers may benefit from Intel Corp's plan to outsource more chip manufacturing.
Brazil's antitrust watchdog is asking Facebook Inc to explain the fee structure for its short-lived payments service launched in June in partnership with card processor Cielo SA, according to a document seen by Reuters.
Italy's government is studying a plan to create a single ultra-fast broadband network that could initially be majority-owned by phone incumbent Telecom Italia (TIM) but would grant equal access to all market players, a person close to the matter told Reuters.
Shares of Japan's Mitsubishi Motors Corp plunged more than 10per cent to an all-time low on Tuesday after the automaker posted dismal sales in its key Southeast Asian market and forecast a huge loss for this financial year.
Lawyers representing Huawei Technologies' Meng Wanzhou, who is fighting against extradition to the United States, argued in a Canadian court on Monday that redacted documents prepared by the Canadian spy agency relating to her December 2018 arrest should be released.
Asian equities were set for a modest rise on Tuesday as investors weighed progress in U.S. government stimulus efforts against rising tensions with China and the growing coronavirus pandemic, while gold hit a record high.
Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now's it's going on the offensive in the battery-powered market led by its U.S. rival.
It is a sleight of hand that Goldman will fork out US$2.5 billion, while the Malaysian Government will drop criminal charges against the bank, says the Financial Times' Brooke Masters.
Intel Corp's Chief Engineering Officer Murthy Renduchintala is departing, part of a move in which a key technology unit will be separated into five teams, the chipmaker said on Monday.
US Senate Republicans on Monday were racing to complete details of a US$1 trillion coronavirus aid package hammered out with the White House that they hoped to unveil later in the day as unemployment benefits that have kept millions of Americans afloat are set to expire this week.
