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...)
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...)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...)
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...)
By Kevin Buckland
TOKYO (Reuters) - The yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the dollar overnight that traders and analysts were quick to attribute to intervention by Japanese authorities.
The dollar was 0.9% higher at 155.98 yen as of 0100 GMT, retracing about half of its late Wednesday surge from around 157.55 to exactly 153 over a period of about 30 minutes.
The... (continue reading...)
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