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...Despite facing a probable profit hit, banks know that they face a political imperative to prioritise debt resolution....
...“The recent movement is a little bit excessive,” Rhee said during a televised interview....
...The device marks the latest chapter in the company’s comeback in the domestic smartphone market, write Nikkei Asia’s Cheng Ting-Fang and Lauly Li....
...cheng.leng@ft.com...
...The bank’s profit was hit by a drop in net interest income — the difference between what banks pay on deposits and what they earn from loans and other assets — and a surge of cash put aside for bad debts...
...The move by Fitch, which maintained the country’s A plus credit rating, follows a similar outlook downgrade from rival Moody’s Ratings in December....
...in the wake of a major rout....
...Geopolitical tensions, combined with a growing focus on supply chain resilience, have triggered a significant shift in the tech industry....
...did not give a growth target....
...Computer-driven traders in China’s $250bn quant sector are overhauling their strategies in response to a regulatory crackdown that threatens to curb industry growth and returns after a decade of gains....
...Foxconn, Quanta and Wistron, along with major chip suppliers from TSMC to UMC, are setting up operations in new locations across south-east Asia, Japan and even Europe, Nikkei Asia’s chief tech correspondent Cheng...
...makers LCY Chemical, Solvay, Chang Chun Group, KPPC Advanced Chemicals (Kanto-PPC) and Topco Scientific in Arizona have been put on hold or significantly scaled back, write Nikkei Asia tech correspondents Cheng...
...Hi everyone, This is Cheng Ting-Fang, your #techAsia host for the week saying hello from Taipei! Roughly a week ago, I was hiding under the big dining table in my apartment....
...But can you give me a sense of just how many regional banks are vulnerable? Cheng Leng China has a national network of more than 4,000 banks....
...A recent conviction for money laundering bars his candidacy from May’s election despite leading polls by a wide margin....
...It is 28 per cent owned by the Shenzhen Metro, occupying a middle ground between a private and state-owned company....
...Hi everyone this is Cheng Ting-Fang, also known as Annie! When my flight landed in Taipei over the weekend, a wave of relief washed over me....
...(Christine Murray) Power Points On markets and geopolitics, it is a mistake to forget about US shale Tesla to cut 10% of global workforce amid brutal price war and EV slowdown Aluminium and nickel prices...
...The requirement to adopt a “new path” of original innovation is a departure from its previous path of technological advancement through emulation, she adds....
...in a non-conductive liquid....
...In another sign of resilience, direct investment in China by German companies reached a record $13bn last year, according to a German Economic Institute report....
...Among the projects being scrapped are a highway in Yunnan province and a tunnel in Gansu....
...to a request for comment....
...In 2022, the company turned a net profit of around $6bn for the first time in a decade thanks to higher oil prices and a reduced tax burden....
...Barcelona calling The annual Mobile World Congress is going on in the Spanish city of Barcelona until Thursday, and Nikkei Asia’s tech correspondents Cheng Ting-Fang and Lauly Li have been reporting daily...
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