Foxconn reports sharp rise in first-quarter net profit
Taiwanese tech giant Foxconn on Tuesday reported a 72 percent jump in net profit during the first three months of 2024 compared to the same period last year as demand for investment in AI technology grows.
Read more
Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million.
Read more
Sony net profit dips on-year but beats estimate
Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors.
Read more
Modi files candidacy for India election in Hindu holy city
India Prime Minister Narendra Modi on Tuesday formally submitted his candidacy to recontest the parliamentary seat for the Hindu holy city of Varanasi in a general election he is widely expected to win.
Read more
Georgia set to adopt 'foreign influence' bill despite mass protests
Georgia was set to adopt a "foreign influence" bill on Tuesday despite mass protests against a law criticised for mirroring repressive Russian legislation.
Read more
Blinken in Ukraine to assure US support amid new Russian offensive
US Secretary of State Antony Blinken arrived Tuesday in Kyiv on an unannounced visit to assure Ukraine of continued American support and the flow of much-needed weapons as Russia presses on with its new offensive in the northeastern Kharkiv region.
Read more
Hong Kong leader defends foreign trade offices after UK spying arrests
Hong Kong's leader on Tuesday defended its foreign trade offices and said he had little recollection of a man accused by Britain of spying for the Chinese city, after a photograph emerged seeming to show the two together.
Read more
New Caledonia counts the cost of overnight riots
People in New Caledonia's main city Noumea assessed the damage Tuesday after a night of rioting in the French Pacific territory that saw vehicles and shops torched, and shots fired at security forces.
Read more
$27.7 million Bacon tops New York art auction sales
A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby's spring sales in New York on Monday, topping the first night of contemporary art auctions that grossed $234.6 million.
Read more
'Shots fired' at security forces in New Caledonia riots
New Caledonia's high commissioner said Tuesday that shots had been fired at security forces during a night of riots in the French Pacific territory that saw vehicles torched and shops looted.
Read moreIn The News
