Reuters - Japanese electronics maker Toshiba Corp (6502.T) said it expects its operating profit to more than double over the next three years as it cuts costs, ramps up capacity for its semiconductors and seeks nuclear plant orders.

Reuters - Global banking group HSBC (0005.HK) has admitted to losing a computer server holding transaction data of 159,000 account holders in a Hong Kong branch office. The bank said in a statement issued late on Wednesday that it lost track of the server during renovation work at a Kwun Tong district branch on April 26.

Reuters - Advanced Micro Devices Inc shares jumped more than 12 percent on Tuesday on investor optimism that the beleaguered chipmaker could soon announce its long-awaited strategy to revamp manufacturing to cut costs.

Reuters - Hynix Semiconductor Inc (000660.KS), the world's No. 2 memory chip maker, said on Monday it raised contract prices for computer memory chips by about 15 percent last month and expected further increases in May.

AFP - Japan must drop punitive tariffs on imports of semiconductors made by South Korean firm Hynix by September 1, a World Trade Organisation arbitrator ruled Monday.