Town Hall News

By Jane Lanhee Lee and Stephen Nellis (Reuters) – SoftBank Group Corp owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its next-generation product. MediaTek, a longtime supplier of low- and mid-tier smart phone chips, has been pushing into the market to supply chips for premium smartphones, once dominated by rival Qualcomm […]

DUBAI (Reuters) – Heavy and sustained clashes could be heard on Monday in parts of Sudan’s capital, residents said, hours before the expiry of a shaky ceasefire deal that had brought some respite from a six-week-old conflict but little humanitarian access. Fighting continued from Sunday into Monday in the south and west of Omdurman, one of three adjoining cities that make up Sudan’s greater capital. Across the River Nile in […]

Cairo (Reuters) – A controversial touch from a referee, technology failure and a player walkoff resulted in a chaotic Egypt Cup game lasting nearly three and a half hours and concluding in the early hours of Monday morning. The round of 16 tie between Enppi and Future FC at the former’s Petro Sport Stadium was deadlocked at 0-0 in the 57th minute when the ball came off referee Nader Qamar […]

MILAN (Reuters) – Four people died late on Sunday after a tourist boat capsized on Lake Maggiore in northern Italy due to a sudden whirlwind, the fire brigade and media reported. People were celebrating a birthday on the 16-metre-long boat when it capsized and sank in a violent storm. Nineteen survivors swam to shore without serious injury, fire brigade said on Twitter, adding the wreck was found by its divers […]

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia’s second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital […]

MOSCOW (Reuters) – Russia’s interior ministry has put U.S. Senator Lindsey Graham on a wanted list, Russian media reported on Monday, citing the ministry’s database. In an edited video released by the Ukrainian president’s office of Graham’s meeting with Volodymyr Zelenskiy on Friday, Graham was shown saying “the Russians are dying” and then saying U.S. support was the “best money we’ve ever spent”. After Russia criticised the remarks, Ukraine released […]

By Joseph White DETROIT (Reuters) – Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for […]

By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen. SoftBank Group jumped more than 8% as shares of Japanese chip-related companies continued to outperform amid the AI euphoria that also propelled Wall Street peers. The Nikkei surged as high as 31,560.43 within the first 10 minutes […]

By Stella Qiu SYDNEY (Reuters) – Asian shares and Wall Street futures rose on Monday as a weekend deal by U.S. President Joe Biden and House Speaker Kevin McCarthy to suspend the government’s debt ceiling provided relief for investors although China worries capped sentiment. Europe is set to open slightly higher, with pan-regional Euro Stoxx 50 futures up 0.2%. S&P 500 futures rose 0.3% while Nasdaq futures firmed 0.5%. After […]