Town Hall News

By Leika Kihara TOKYO (Reuters) – Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s deliberations to take its first modest step away from ultra-loose monetary policy, even as inflation and wages creep up. The appointment of Kazuo Ueda as Bank of Japan (BOJ) governor this year and mounting price pressures have fired up market chatter that the new chief might hasten an exit […]

TAIPEI (Reuters) – Taiwan’s top chip design company MediaTek Inc said on Thursday it will defend itself in court against accusations from Realtek that it paid a company that sues over patents a “secret litigation bounty” to file meritless lawsuits. Realtek Semiconductor Corp’s lawsuit, lodged in California, accuses MediaTek of conspiring with IPValue Management Inc in an effort to drive Realtek out of the market and monopolise the industry for […]

LONDON (Reuters) – Novartis’ soon to be spun off generics division Sandoz is expected to expand its pipeline and generate an additional $3 billion in net sales over the next five years, the Swiss group said on Thursday. The company intends to carve out Sandoz in the second half of this year to sharpen its focus on its patented prescription medicines. Novartis had kicked off a strategic review of Sandoz […]

By Rory Carroll LOS ANGELES (Reuters) – Lionel Messi on Wednesday announced that he intends to join Major League Soccer side Inter Miami as a free agent after parting ways with French champions Paris St Germain and snubbing a lucrative contract offer in Saudi Arabia. Messi, who played his final game for PSG over the weekend, was also linked with a return to Barcelona, but the Spanish club have had […]

LONDON (Reuters) – Novartis’ soon to be spun off generics division Sandoz is expected to expand its pipeline and generate an additional $3 billion in net sales over the next five years, the Swiss group said on Thursday. The company intends to carve out Sandoz, which sells generics and biosimilars – cheap versions of biologic drugs made from living organisms – and generated about $9 billion in sales last year, […]

Will Benson crushed his first career home run in the bottom of the ninth, giving the Cincinnati Reds another stunning win over the visiting Los Angeles Dodgers, 8-6 on Wednesday night. After TJ Hopkins drew a leadoff walk in a tie game, Benson sent a 2-2 cutter from Evan Phillips 420 feet deep into the right field bleachers. The long ball capped Benson’s 48th major league game over two seasons. […]

LONDON (Reuters) – Novartis’ soon to be spun off generics division Sandoz is expected to expand its pipeline and generate an additional $3 billion in net sales over the next five years, the Swiss group said on Thursday. The company intends to carve out Sandoz, which sells generics and biosimilars – cheap versions of biologic drugs made from living organisms – and generated about $9 billion in sales last year, […]

Denver Nuggets coach Michael Malone has viewed a lot of top-notch performances from the club’s star tandem of Nikola Jokic and Jamal Murray. So he didn’t have any trouble assessing their efforts in Game 3 of the NBA Finals. “By far their greatest performance as a duo in their seven years together,” Malone said. Jokic produced a historic stat line of 32 points, 21 rebounds and 10 assists, and Murray […]

SEOUL (Reuters) – South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an “all-out war” amid heightened U.S.-China tensions. Earlier in the day, Yoon met with about 60 industry leaders, lawmakers and ministers to discuss how to maintain South Korea’s lead in memory chips, foster development of system semiconductors, and secure materials, equipment and labour. “Geopolitical issues have […]