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Road collapse in southern China kills 36, reports state media May 1, 2024 11:20PM

(Reuters) - A collapse of an expressway section in China's Guangdong province caused vehicles to plunge and killed 36 people while injuring another 30, state media reported on Thursday, as millions in the country travel for the May Day holiday break.

The collapse, triggered by heavy rain, occurred at around 2:10 a.m. on Wednesday on the Meizhou-Dabu Expressway, Xinhua news agency reported, adding that the collapsed section was 17.9 meters in length... (continue reading...)


Nvidia supplier SK Hynix says HBM chips almost sold out for 2025 May 1, 2024 11:04PM

ICHEON, South Korea (Reuters) - South Korea's SK Hynix said on Thursday its high-bandwidth memory (HBM) chips used in AI chipsets are almost sold out for 2025, after their 2024 chips were fully booked.

Chief Executive Officer Kwak Noh-Jung said the Nvidia supplier and the world's second-largest memory chipmaker will begin sending samples of the latest version of HBM chips, called 12-layer HBM3E, in May and begin mass producing them in the... (continue reading...)


Taiwan says may be hard to attend WHO assembly, Blinken offers support May 1, 2024 10:32PM

By Ben Blanchard

TAIPEI (Reuters) - It will be hard for Taiwan to attend this year's World Health Organization annual assembly, and it hopes more countries will support its presence, the island's foreign minister said on Thursday after the United States pressed for an invite.

Taiwan is excluded from most international organisations because of objections by China, which considers the democratically governed island its own territory.

... (continue reading...)
Japan's FX intervention signals 160 yen line in the sand, says ex-official May 1, 2024 10:25PM

By Makiko Yamazaki and Takaya Yamaguchi

TOKYO (Reuters) - Japanese authorities likely intervened in the currency market to signal they see 160 yen to the dollar as their line in the sand, Columbia University academic and former finance ministry executive Takatoshi Ito told Reuters on Thursday.

"Intervention is effective if conducted in a timely manner," said Ito, who is an associate of former Bank of Japan Governor Haruhiko Kuroda and... (continue reading...)


Solomon Islands picks China-friendly Manele as new prime minister May 1, 2024 09:39PM

By Kirsty Needham

(Reuters) -Solomon Islands lawmakers selected a new prime minister on Thursday, choosing foreign minister Jeremiah Manele, who has pledged to continue the Pacific Island nation's foreign policy that drew it closer to China.

Governor General Sir David Vunagi announced outside parliament house that Manele had won 31 votes, to Opposition leader Matthew Wales' 18 votes.

Police boosted security in the capital... (continue reading...)


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