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HONG KONG -- HSBC Holdings' incoming chief executive on Wednesday said he is committed to the strategy built by his predecessor, as the bank announced a fresh $3 billion stock buyback program and a slight dip in its profit.
NEW YORK -- Tech shares rallied early Wednesday, pushing the Nasdaq composite up over 2.5% after Microsoft and AMD earnings underpinned renewed enthusiasm for artificial intelligence spending.
JAKARTA -- Southeast Asian countries looking to enter the electric vehicle supply chain must do more to reduce costs if they want to take advantage of the trade friction between China and the West over EVs, Boston Consulting Group's Asia-Pacific chief told Nikkei Asia.
SEOUL -- South Korea and Japan have taken the reins of a network that bolsters supply chains within Indo-Pacific Economic Framework (IPEF), ensuring that members maintain access to vital supplies during emergencies.
In Sino Centre, a popular shopping destination in Hong Kong’s bustling Mong Kok area, items related to characters from the hit Japanese manga series “Chiikawa” are ubiquitous -- and expensive. Prices are up to three times the level in Japan, reflecting a striking affinity that young customers have formed with these cute characters.
NEW YORK -- A scandal over the handling of alleged doping by Chinese swimmers has flared up at the Paris Olympics, with new revelations this week.
SEOUL -- Samsung Electronics' semiconductor division swung to profit in the second quarter due to strong demand for artificial intelligence chips, as competition to lead the global market for such tech heats up.
MUMBAI -- Efforts by Indian educational technology provider Byju's to avoid insolvency hang in the balance as the once-high-flying startup seeks to settle a creditor dispute.