
Ex-Chinese finance ministry official named to lead AIIB
Former Chinese vice finance minister Jin Liqun has been elected to head the new Asian Infrastructure Investment Bank (AIIB), the Chinese government said Tuesday. ... more
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SK Hynix to invest $38 billion over 10 years
South Korea's SK Hynix Inc., the world's second-largest memory chip maker, announced Tuesday it would spend 46 trillion won (US$38 billion) in facility investments over the next 10 years. ... more
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New Structures Could Keep Astronauts Fit During Long Missions
Aerospace modules completed for Artemis lunar crew mission
MIT researchers propose a new model for legible, modular software
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Chinese smartphone market expected to cool this year: report
The once-hot smartphone market in China is expected to cool this year, growing a meager 1.2 percent, according to a report released Tuesday. ... more
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Pakistan power sector target of ADB funding
With energy and resource development among its priorities, the Asian Development Bank said Tuesday it was lending a substantial financial hand to Pakistan. ... more
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More oil than expected in Norwegian North Sea
The national energy regulator in Norway said preliminary results from a North Sea field show a potential increase in estimated recoverable oil reserves. ... more
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Refinery issues skewing U.S. gasoline prices
Though at historic lows on average, refinery issues in the United States and higher demand put upward pressure on gasoline prices, retail market analyses find. ... more
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Fitch Ratings: Gazprom showing durability
While Russian energy company Gazprom is showing durability, its pipeline ambitions in Europe could face geopolitical and economic delays, Fitch Ratings said. ... more
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