Day: April 1, 2019

Asian stocks surge on China’s factory comeback, trade talks progress

A videographer films an electronic board showing the Japan’s Nikkei average (Top R) and related indexes at the Tokyo Stock Exchange (TSE) MSCI’s broadest index of Asia-Pacific shares outside Japan added 1 percent and the Shanghai Composite Index rallied 1.7 percent. Australian stocks climbed 0.8 percent, South Korea’s KOSPI gained 1 percent and Japan’s Nikkei […]

Samsung C&T, Samsung Electronics almost double cost of finishing new chip line

Attendees at Samsung Electronics Co Ltd’s Unpacked event test out the company’s new devices in San Francisco, California, U.S. Samsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of a contract related to the construction of a semiconductor production line, taking the project’s total cost to 1.46 trillion won ($1.29 billion). […]