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Japan-Vietnam seek deeper energy, minerals ties
ibcworldnews38d ago

Japan-Vietnam seek deeper energy, minerals ties

Economic security in mind HANOI Japan and Vietnam have agreed to deepen cooperation in energy minerals and new technology during talks in Hanoi as global risks rise Japanese Prime Minister Sanae Takaichi met Vietnamese leaders on Saturday The leaders focused on economic security stable energy supply and stronger supply chains across the region. They discussed [...]

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Over 400 S. Korea-listed firms exceed $680 million in market capitalisation
thehawk_in38d ago

Over 400 S. Korea-listed firms exceed $680 million in market capitalisation

Seoul, May 3 (IANS) The number of South Korean-listed companies whose market capitalisation surpassed 1 trillion won ($679.7 million) exceeded 400 for the first time this year, following a dramatic pre-Middle East-conflict recovery in the stock market, data showed on Sunday. The number of companies listed on the local bourse, including preferred shares, with a market capitalisation of over 1 trillion won stood at 405 as of Wednesday, according to the data from the Korea Exchange, South Korea's main bourse operator. By market, 267 were listed on the benchmark Korea Composite Stock Price Index (KOSPI), 137 were from the tech-heavy KOSDAQ and one from KONEX, the local exchange for small and medium-sized enterprises and venture firms, reports Yonhap news agency. Of these, 79 firms had a market capitalisation of over 10 trillion won. This marks a dramatic turnaround compared to Feb 27, just before the U.S. and Israel initiated strikes on Iran. At that time the number of companies with over 1 trillion won in market capitalisation stood at 377. South Korea's stock market has been on a bullish run recently on a revived artificial intelligence (AI) rally ahead of the corporate earnings season. After falling as low as 12 percent in a single session since the onset of the war, the benchmark KOSPI closed at 6,690.9 points on Wednesday, the highest on-record. Meanwhile, South Korea is participating in a US conference on ship and offshore technologies taking place this week, the Korea Trade-Investment Promotion Agency (KOTRA) said on Sunday. KOTRA and the industry ministry are set to open a booth at the Offshore Technology Conference 2026 (OTC) held in Houston, Texas, from Monday to Thursday, where they plan to introduce 12 domestic companies in the ship-related technology sector, the trade organization said. The OTC is an annual global conference on offshore technology and energy. This year's event is expected to bring together some 1,300 companies from over 100 nations, as well as more than 30,000 participants, the agency said. —IANS na/

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3D Printer
menafn38d ago

3D Printer

(MENAFN - RCTT) The Institute of Applied Physics offers consumers a 3D printer for printing volumetric samples based on a developed 3D model under a manufacturing agreement and is looking for ...

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Pick of BL commodities -May 3, 2026
thehindubusinessline38d ago

Pick of BL commodities -May 3, 2026

Last week, the India Meteorological Department (IMD) said El Nino, which is likely to emerge later this year, may last until January 2027. Latest assessments indicate that El Niño could surpass the intensity of the 2023 event. India’s Environment Ministry and the Indian Council of Agricultural Research have clarified that genetically modified rice is not grown in India, paving the way to take on China, which has rejected rice shipments for alleged presence of GMOs. India’s wheat procurement as of April 30 was down 9 per cent year-on-year on low purchases in Madhya Pradesh. For the first time, investment demand for gold outstripped the offtake for jewellery in the first quarter of this year. Last week, outflows from physically-based gold exchange-traded funds exceeded inflows after two weeks.

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Oracle Layoffs: Tech Giant Cuts 30,000 Jobs, Funds Sam Altman’s OpenAI Infrastructure Amidst USD 100 Billion Financing Crisis
latestly38d ago

Oracle Layoffs: Tech Giant Cuts 30,000 Jobs, Funds Sam Altman’s OpenAI Infrastructure Amidst USD 100 Billion Financing Crisis

Oracle is implementing significant layoffs, with estimates reaching up to 30,000 roles, to manage its financial health. Simultaneously, the company faces challenges securing billions in bank loans for AI data centres due to lender exposure limits. This highlights the immense financial strain on tech firms pivoting to support massive AI infrastructure demands.

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zimbabwesituation38d ago

Zim creates half a million jobs in the past two years

Source: Zim creates half a million jobs in the past two years – herald Emmanuel Kafe ZIMBABWE created almost half a million jobs in the past two years, with nearly half — 238 000 — registered last year, latest statistics from the National Social Security Authority (NSSA) reveal, pointing to the continued growth of the [...] The post Zim creates half a million jobs in the past two years appeared first on Zimbabwe Situation .

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