Expects capital spending 2832 bln for 2024 Q4 profit T238.7 bln vs T226.4 bln analyst view Q4 capex 5.24 bln vs Q3 capex 7.1 bln Sees healthy growth this year TAIPEI, Jan 18 Reuters Taiwanese chipmaker TSMC projected on Thursday steady capital spending for the current year and upwards of 20 revenue growth driven by demand […]

ZURICH, Jan 18 Reuters Cartier jewellery owner Richemont painted a mixed picture of the luxury sector in its latest results on Thursday, reporting a sales decline in Europe but a big increase in China. The Swissbased company said sales in constant currencies, which remove foreign exchange fluctuations, fell 3 in Europe as higher sales to Chinese […]

HONG KONG, Jan 18 Reuters Citigroup39;s is planning to lay off around 20 equity researchers in Asia Pacific as part of its global overhaul, a person with direct knowledge of the matter said. Two researchers in Hong Kong are going to be impacted with the rest of the headcount reduction likely to take place in Japan, […]

TOKYO, Jan 18 Reuters Inpex Corp, Japan39;s top oil and gas explorer, is set to accelerate development of its 20 billion Abadi Indonesian liquefied natural gas LNG project, with the aim of starting operations as soon as late this decade, its CEO said on Thursday. The launch timing would be slightly ahead of its previous […]

India39;s Haldiram39;s considers majority stake in Prataap sources Early talks now, valuation not decided yet sources Prataap39;s shares still trade around 2017 listing price MUMBAI, Jan 18 Reuters Indian snacks maker Haldiram39;s is in talks to acquire a majority stake in listed rival Prataap Snacks, which is valued at 350 million, to expand its presence […]