(Reuters) – U.S. chip gear maker Applied Materials Inc (AMAT.O) on Monday agreed to buy Japan’s Kokusai Electric for $2.2 billion in cash from investment firm KKR & Co Inc (KKR.N), as it bets on rising demand for memory chips. While a decline in demand from smartphone makers has hurt memory chip prices, analysts expect […]
Muslim Bollywood actress Zaira Wasim, 18, has announced she will quit acting, saying that the profession “threatened” her relationship with her religion. “This journey has been exhausting, to battle my soul for so long,” she wrote in a lengthy Facebook post on Sunday. Indians on social media were quick to react to the news, with […]
An overcrowded minibus has crashed into a gorge in Indian-controlled Kashmir, killing at least 35 people and injuring another 17. The bus plunged off the Himalayan mountain road as its driver negotiated a bend and rolled down into a 150-metre (500ft) deep gorge along a rocky stream, said civil administrator Angrez Singh Rana. He said […]
LONDON (Reuters) – The dollar and offshore Chinese yuan rallied on Monday after the United States and China agreed to restart their troubled trade talks, while the Japanese yen and Swiss franc were the big casualties as investors sold safe-haven currencies. While reports of an agreement had been flagged ahead of U.S. President Donald Trump […]
Indian airline officials have ordered an inquiry after a passenger plane from Dubai skidded off a runway in the southern city of Mangalore on Sunday. The Air India Express flight carrying 183 passengers veered off the runway, but the pilot managed to steer it into a muddy patch of grass. Airline officials have blamed “tailwind […]
Five Japanese whaling vessels have set sail for the country’s first commercial hunt in decades, in defiance of international criticism. The whaling ships have a permit to catch 227 whales – minke, Bryde’s and sei – before the end of the year. Japan’s last commercial hunt was in 1986 but it has continued whaling for […]
India’s cricket team has come in for sharp criticism for what fans are calling their “surrender” to England. India lost Sunday’s World Cup game by 31 runs, but the way India went about chasing the total has upset fans. India needed 112 runs in 11 overs with explosive batsmen like MS Dhoni, Hardik Pandya and […]
North Korean state media has hailed the impromptu visit made by US President Donald Trump to the country as “an amazing event”. On Sunday, Mr Trump became the first sitting US president to set foot in North Korea, accompanied by leader Kim Jong-un. Mr Trump had earlier tweeted asking Mr Kim if he would like […]
SEOUL (REUTERS) – North Korean leader Kim Jong Un and US President Donald Trump agreed at their meeting on Sunday (June 30) to push forward dialogue for making a new breakthrough in the denuclearisation of the Korean peninsula, North Korea’ state media said on Monday. Mr Trump became the first sitting US president to set […]
Mr Donald Trump has made history by becoming the first sitting United States president to step into North Korea, in an impromptu meeting with the regime’s leader Kim Jong Un, which experts say demonstrated their strong rapport and injected fresh impetus into stalled nuclear talks. Anticipation had been building since Saturday morning when Mr Trump […]