Asia Archives - Page 15 of 119

2 minute read

Asia Down, Europe Markets Advance, While Crude Oil And Gold Fall – Global Markets Today While US Slept

May 8, 6:25 AM

US stock markets closed mixed on Tuesday, with expectations of Fed rate cuts. Asian markets mostly down, commodities lower, US futures flat.

ADIV

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Mickey Mouse Loses Magic In India As Disney+ Hotstar Suffers Major Subscriber Drop

By Utkarsh Roshan

May 8, 5:44 AM

This story was first published on the Benzinga India portal.

DIS

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AI Boom To Drive Billions In Data Center Investments In APAC: Report

By Benzinga Neuro

May 8, 4:06 AM

The ongoing artificial intelligence boom is expected to trigger a surge in data center investments in the Asia-Pacific region, with the total value of mergers and acquisitions and investments projected to reach billions of dollars

AMZN

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Biden Administration Tightens Grip On China’s Huawei, Revokes Key Export Licenses From US Chipmakers

By Piero Cingari

May 7, 4:23 PM

The Biden admin revoked export licenses to Intel and Qualcomm, escalating US efforts to curb Huawei's tech ascent due to national security concerns.

AMD

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Asia Mixed, Europe Advances, Crude Trades Below $80 – Global Markets Today While Us Slept

By Akanksha Bakshi

May 7, 8:29 AM

On Monday, May 6th, U.S. stock markets closed higher for the third consecutive session, fueled by increasing investor optimism about…

ADIV

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Warren Buffett-Backed BYD’s Cybertruck Rival To Make Global Debut Right Next Door To US Next Week

By Benzinga Neuro

May 7, 4:28 AM

The decision to launch the BYD Shark in Mexico indicates the company's focus on foreign markets, as pickup trucks in China are classified as light vans and face numerous restrictions

BYDDF

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How China’s Central Bank Gold Buying Frenzy Drove Prices To Record Highs, Attracting Gen Z To ‘Gold Beans’

By Piero Cingari

May 6, 1:14 PM

China's gold acquisitions drive global prices to record highs in April 2024. Cultural and economic factors play a significant role in the country's demand for gold.

BABA

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Asia and Europe Markets Advance; Crude Oil Back Near $80 – Global Markets Today While US Slept

By Akanksha Bakshi

May 6, 6:56 AM

On Friday, U.S. stock markets surged as a softer jobs report reinforced the argument for Fed rate cuts. The Nasdaq led with Apple's buyback news.

ADIV

2 minute read

Tesla’s Chinese Rivals Conquer Overseas Markets At Crazy Growth Rates As Domestic Sales Sputter: No Surprise Who’s Leading EV Chart

By Benzinga Neuro

May 6, 2:07 AM

Chinese NEVs are finding eager buyers abroad, evidenced by the $11.1 billion worth of NEVs exported in the first quarter, an 18% year-on-year jump.

BYDDF

2 minute read

Elon Musk’s Tesla Sues Indian Company For Trademark Infringement: Report

By Shivani Kumaresan

May 3, 11:00 AM

Tesla escalates legal action against Indian battery manufacturer for unauthorized use of its trademark, "Tesla Power," seeking compensation and a permanent injunction.

FDIS