TSMC stops new Huawei orders after U.S. restrictions: Nikkei
Taiwan Semiconductor Manufacturing Co Ltd has stopped new orders from Huawei Technologies [HWT.UL] in response to Washington’s move aimed at further limiting chip supplies to...
SoftBank in talks to sell down T-Mobile US stake to Deutsche Telekom: Wall Street Journal
SoftBank Group Corp is in talks to sell “a significant portion” of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG , the Wall...
Japan slips into recession, slump set to worsen as pandemic wreaks havoc
Japan’s economy slipped into recession for the first time in 4-1/2 years, putting the nation on course for its deepest postwar slump as the coronavirus...
Japan’s economy to slump significantly due to pandemic: economy minister
Japan’s economy is expected to slump significantly due to sluggish overseas demand blamed on the coronavirus pandemic, Economy Minister Yasutoshi Nishimura said on Monday....
Oil prices jump more than $1 ahead of WTI June contract expiry
Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and...
Asia shares follow S&P 500 higher, oil and gold jump
Asian shares were led higher by S&P 500 futures on Monday and oil prices hit a five-week peak as countries’ efforts to re-open their economies...
Senator Rubio calls for fast action to extend U.S. payroll protection program
The United States needs to quickly revise its coronavirus aid program for small businesses to extend the eight-week period in which the law currently requires...
BGH, Bain, Indigo Partners, Cyrus Capital make Virgin Australia shortlist – source
Virgin Australia Holdings Ltd’s administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a source with knowledge of the...
GM instructs Mexican suppliers to prepare to resume operations
The president of General Motors Co’s Mexican unit advised suppliers to prepare to resume operations after the Mexican government said the automotive industry could exit...
Oil prices climb more than $1 ahead of WTI June contract expiry
Oil prices jumped by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and...