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The European Commission on Friday approved Italian state aid for STMicroelectronics to build a 5 billion euro ($5.4 billion) microchip plant as Europe battles to reduce reliance on Asian imports for vital manufacturing components.
India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by strong growth in the manufacturing sector, and economists expect the momentum to remain strong this year.
China on Thursday said it will restrict the exports of certain aviation and aerospace components and technologies starting July 1, citing the need to "safeguard national security."
This is CNBC's live blog covering Asia-Pacific markets.
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing some makers to consider alternative fruits.
Hello everyone, it's Cissy from Hong Kong.
Dealing with climate change is another motivation, one that has prompted India to sign up for the Electric Vehicles Initiative (EVI), a multi-government policy forum to fast track the introduction and adoption of electric vehicles. Thirteen signatory countries have accepted the EVI’s EV30@30 campaign, whereby at least 30 per cent of new vehicle sales should be electric by 2030.
Apple plans to open its first store in Malaysia next month, the company said Wednesday, underscoring a bigger push into the Asia region beyond China.