The Indian rupee fell 6 paise to 95.42 against the US dollar in early trade on Wednesday, weighed down by the sharp rise in Brent crude toward USD 90/bbl, as hopes of a quick US-Iran agreement and reopening of the Strait of Hormuz faded. Markets are increasin…
The German government plans Wednesday to put forward a major overhaul of the country's intelligence agencies to give them broad new powers to conduct covert operations and take action against foreign threats.
Taiwanese tech hardware titan Foxconn reported on Wednesday a forecast-busting second quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powered the company's growth. Foxconn, whose official name is Hon Hai Prec…
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SK Hynix is restarting a long-frozen expansion of its Dalian, China, NAND flash plant, adding capacity that will lift output at the site by roughly 50%. The move comes as the AI boom turns memory chips into one of the tightest-supplied components in the indus…
