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17693 articles published since 08 Mar 2022

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Taiwan's TSMC second-quarter net profit jumps on Gen AI demand
Taiwan's TSMC second-quarter net profit jumps on Gen AI demand

Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products. "Moving into third quarter 2024, we expect our business to be supported by strong smartphone and AI-related demand for our leading-edge process technologies."

'I feel empty': Cambodians on canal route await fate
'I feel empty': Cambodians on canal route await fate

Food stand owner Dem Mech wells up as he sits in the yard of the home he will lose if Cambodia proceeds with a massive new canal running from the Mekong river to the sea. The waterway will run 180 kilometres (110 miles) from the Mekong to the Gulf of Thailand, travelling part of the way along the Bassac river.

Asian markets drop with Wall St as Biden sparks fresh chip fears
Asian markets drop with Wall St as Biden sparks fresh chip fears

Asian markets sank with Wall Street on Thursday after a warning from the White House that it would target firms supplying China with key semiconductor technology, and Donald Trump's comments on crucial chip supplier Taiwan. Meanwhile, Trump's comments that Taiwan -- home of the key chip-maker TSMC and other major producers -- should pay the US for its defence caused some geopolitical unease.

Cambodia looks to 'breathe' with controversial new canal
Cambodia looks to 'breathe' with controversial new canal

Dust covers everything in Lim Tong Eng's yard, thrown up by excavators toiling next door to enlarge a channel that Cambodia's government hopes will soon be a major shipping canal. That is contested by some experts, who note the channel outside Eng's house links directly to the Mekong mainstream, and that Cambodian officials increasingly tout the canal's irrigation benefits.

United to trim US capacity as profits rise
United to trim US capacity as profits rise

United Airlines reported higher quarterly profits Wednesday but announced it would trim US capacity later this year as the industry contends with a seat glut that has pressured fares. While airlines have described travel demand as still robust, carriers have pointed to an excess number of available seats that have pressured fares in the United States.

South Korea's KHNP wins multi-billion-dollar Czech nuclear tender
South Korea's KHNP wins multi-billion-dollar Czech nuclear tender

South Korean power giant KHNP has won a tender worth billions of dollars to build two nuclear units at a Czech power plant, Czech Prime Minister Petr Fiala said on Wednesday. Fiala said the price offered by KHNP beat expectations, reaching around 200 billion Czech koruna ($8.65 billion) per unit if two units are built.

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