Southeast Asia's largest telecom said net proceeds from the divestment were estimated to be about $197 million after the deal closes by September

Intel didn’t give financial details but said the first products would be manufactured in the next 18- to 24-month period

Sri Lanka is also in talks with China, which along with Japan is one of the country’s two largest foreign creditors, over a $4 billion aid package

The tech hub is home to major technology companies like iPhone maker Foxconn, BYD, Huawei and ZTE

A critical Fed meeting and the release of US GDP figures this week put investors across the region on edge

The fund is likely to be set up with technical assistance from the US Agency for International Development (USAID)

The exchange said it would try to thwart big or sudden swings in capital markets, and make solid preparations to expand reforms in the initial public offering process

Observers say China’s tech companies will have been alarmed by the size of the Didi fine and read it as a signal that the worst is not over yet

Positive earnings reports from the US continued to boost investor sentiment, though China’s Covid fight and struggling property sector weighed

The anti-dumping duty rates are set at 39% to 45.7% for Japanese firms including JFE Steel Corp and Nippon Steel Corp, 37.3% for Korean companies and 46.3% for EU firms

Investors were in a cautious mood, buoyed by Wall Street gains off the back of good earnings reports, but worried about China’s Covid and real estate troubles

The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry