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Malaysia Targets Ambitious $107B Investment to Boost Semiconductor Sector

By Shivani Kumaresan
May 28, 2:11 PM
Malaysia is set to attract $107 billion in investments for its semiconductor sector, according to Prime Minister Anwar Ibrahim. This initiative aims to establish Malaysia as a key player in global manufacturing. With 13% of the global testing and packaging market, Malaysia will focus on integrated circuit design and advanced packaging. Major firms like Intel and Infineon have already made significant investments, bolstering Malaysia's semiconductor industry.

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Asia And European Markets Dip, Crude Oil Advances Towards $80 – Global Markets Today While US Slept

By Akanksha Bakshi
May 28, 6:40 AM
Asian markets experienced a downturn on Tuesday, with Japan's Nikkei 225, Australia's S&P/ASX 200, India's Nifty 50, China's indices, and Hong Kong's Hang Seng all closing lower. The European markets showed mixed results, while commodities saw Crude Oil WTI, Gold, Silver, and Copper trading higher, despite a decline in Natural Gas.

ADIV