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Higher costs had the biggest impact on Asian businesses in 2023, even as they continued to grapple with a global economic slowdown and rising borrowing costs, according to a survey by UOB.
More than 40 per cent of Japanese municipalities are likely to see the number of their young female residents drop by more than half in the 30 years through 2050 as the country’s population rapidly declines, a study by private-sector experts’ panel showed on Wednesday.
SK Hynix said it expects a full recovery in the memory market after artificial intelligence (AI) demand spurred the chip maker to log its fastest pace of revenue expansion since at least 2010.
Mark Zuckerberg started Meta's earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company's headsets, glasses and operating system. He spent almost the entirety of his opening remarks focused on the many ways Meta loses money.
SEOUL -- SK Hynix returned to profit in the first quarter thanks to its leadership in advanced memory chips critical for artificial intelligence computing, recovering from a long slump in the memory market.
A South Korea-bound flight from Hungary had to make an emergency landing in Kazakhstan on Tuesday due to unruly conduct by a Korean passenger.
SYDNEY/LONDON (Reuters) -- British multinational miner Anglo American said on Thursday it had received an all-share buyout proposal from the world's largest listed mining company, Australia's BHP Group BHP.
MELBOURNE, Australia (AP) — Five teenagers accused of following a violent extremist ideology have been charged with a range of offenses in an investigation that began with the stabbing of a bishop in a Sydney church, police said Thursday.