SK Hynix to start construction of new wafer packing plant in US early next year – sources

SK Hynix’s corporate logo at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong Ji Register now to get free unlimited access to Reuters.com Register Two people familiar with the matter said South Korea’s SK Hynix aims to pick a US site for its high-end wafer packaging plant and start work there around … Read more

Yoon from South Korea pardons Jay Y Lee from Samsung for facing the ‘economic crisis’

Samsung heir spent 18 months in prison for bribery Businessmen convicted in scandal that brought down a president South Korea says leaders need help to overcome economic crisis Samsung May Increase Investment With Pardon Analysts SEOUL (Reuters) – South Korean President Yoon Seok-yeol has pardoned Samsung Electronics. (005930.KS) Vice Chairman Jay Y. Lee on Friday, … Read more

Analysis: The Eastern European Party ended with double-digit inflation bites

ESTGUM, Hungary, Aug. 5 (Reuters) – Within the weeks following Russia’s invasion of Ukraine, the key economies of Western Europe started to falter. However removed from the East, it was nonetheless a increase interval because of double will increase in wages and beneficiant authorities grants in some nations. Not anymore. The sharp slowdown in retail … Read more

North Korea signals the end of the first wave of COVID, but the risks remain

SEOUL (Reuters) – North Korea mentioned on Friday all its fever sufferers have recovered, marking the tip of the primary wave of the coronavirus pandemic, however challenges stay as financial hardship worsens and the unvaccinated inhabitants faces a future resurgence, analysts mentioned. He mentioned. Whereas state media mentioned that “the anti-epidemic state of affairs… has … Read more

Exclusive: Samsung workers in Vietnam bear the brunt of the slowdown in global electronics demand

TAY NGUYEN, Vietnam, Aug 4 (Reuters) – Samsung Electronics has reduce manufacturing at its huge smartphone manufacturing facility in Vietnam, as retailers and warehouses grapple with rising inventories amid a worldwide hunch in shopper spending, workers mentioned. The biggest warehouse market in America is full and the most important retailers in the USA equivalent to … Read more

Exclusive: Russian soft drink maker targets 50% of market to fill gap left by Coca-Cola and Pepsi

This content material was produced in Russia the place protection of Russian army operations in Ukraine is restricted by regulation MOSCOW (Reuters) – Because the world’s largest tender drink makers minimize ties with Russia, native producer Chernogolovka goals to seize 50 % of the nation’s practically $9 billion market, its boss advised Reuters. The mass … Read more

Zelensky says the first grain ship “nothing” and the economy is in a coma

Inspection of a ship carrying grain from Ukraine in Turkey The cargo is the primary of its sort to go away Ukraine in wartime However the Ukrainian chief says extra is required Kyiv urgently must ship 10 million tons to chop the deficit Kyiv/ISTANBUL (Reuters) – Ukrainian President Volodymyr Zelensky denied the importance of his … Read more

Shenzhen accelerates China’s dreams of a self-driving car

SHENZHEN, China (Reuters) – On a busy downtown avenue, three supply bikes immediately sped over the pedestrian crossing in entrance of the automobile. On the dashboard of the automobile, they appear to be little 3D blue blocks from a 90’s online game. The steering wheel turns itself a little bit and the automobile slows to … Read more

Analysis: The world’s largest bond markets are back in action as recession fears mount

World indices are displayed on a display screen on the buying and selling ground of the New York Inventory Change (NYSE) in Manhattan, New York Metropolis, US, August 19, 2021. REUTERS/Andrew Kelly Register now to get free limitless entry to Reuters.com Register LONDON, July 29 (Reuters) – In the future you get out of the … Read more

Stocks rise as markets bet on more gradual price increases

Pedestrians carrying protecting face masks stroll previous an digital board displaying Japan’s Nikkei common share, amid the coronavirus (COVID-19) pandemic, in Tokyo, Japan, July 14, 2022. REUTERS/Issa Kato Register now to get free limitless entry to Reuters.com Register SINGAPORE (Reuters) – Asian shares adopted go well with on Friday from a late rally on Wall … Read more