Asia Archives - Page 7 of 119

1 minute read

Uber’s Asia Peer Grab Taps OpenAI to Enhance App Navigation and Customer Support

May 30, 10:36 AM

Grab (NASDAQ: GRAB) partners with OpenAI to integrate generative AI in app for visually impaired, elderly users & advanced chatbots. Stock up 25% in last 12 months.

EFA

2 minute read

Tesla Set To Register ‘Full Self-Driving’ Software In China, Aiming To Roll Out Feature By Year-End: Report

By Benzinga Neuro

May 30, 9:14 AM

Tesla Inc. is reportedly gearing up to register its "Full Self-Driving" (FSD) software with Chinese authorities.

TSLA

2 minute read

Asia Markets Slide, Europe Advances, While Crude Oil Falls Below $80 Again – Global Markets Today While US Slept

By Akanksha Bakshi

May 30, 6:42 AM

Asian markets experienced a downturn on Thursday, with Japan's Nikkei 225, Australia's S&P/ASX 200, India's Nifty 50, and China's indices all closing lower. The European markets showed mixed results, while commodities saw Crude Oil WTI, Gold, Silver, and Copper trading lower. The overall market performance reflects the dynamic economic conditions and varied sector performances.

ADIV

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Google Pledges $2B For Data Centre And Cloud Services In Malaysia

By Benzinga Neuro

May 30, 4:23 AM

The data and cloud centers will be positioned in the Elmina Business Park, in central Selangor state, owned by Sime Darby Property.

AAPL

2 minute read

Tencent’s New Hit Game DnF Mobile Earns $140M In First Week

By Shivani Kumaresan

May 29, 12:34 PM

Tencent Holdings Ltd's (OTC ) Dungeon & Fighter Mobile has made a stunning debut in China, generating over $140 million in player spending during its first week. Released on May 21, the game topped both download and grossing charts, amassing $63 million on Apple's App Store alone, according to Sensor Tower. This launch positions it as one of the most lucrative in the world's largest gaming market.

AAPL

2 minute read

China’s Pumping Big Money Not Just Into Chip Sector But Also EV Batteries: Key Tesla, Nio Suppliers Among Those Eligible To Get $830M R&D Funding

By Anan Ashraf

May 29, 8:15 AM

Six firms are eligible to receive state funding to work on the solid-state battery technology, Reuters reported, citing a person familiar with the matter.

BYDDF

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Temu’s Growth Surge Makes Parent PDD Surpass Alibaba as China’s Most Valuable E-Commerce Giant

By Anusuya Lahiri

May 29, 7:01 AM

PDD surpasses Alibaba in market value, aided by its value-for-money strategy and Temu marketplace. Analysts predict continued success from new markets and strong consumer perception.

BABA

2 minute read

Asia and Europe Markets Dip; Crude Hits $80 While Gold Declines – Global Markets Today While US Slept

By Akanksha Bakshi

May 29, 6:50 AM

Asian markets showed mixed results on Wednesday, with Japan's Nikkei 225, Australia's S&P/ASX 200, and India's Nifty 50 closing lower, while China's indices rose. Australia's CPI inflation exceeded expectations, raising concerns about high interest rates. European markets declined, while commodities saw Crude Oil WTI and Brent trading higher, despite a decline in Natural Gas.

ADIV

2 minute read

Samsung Electronics’ Union In South Korea Threatens First-Ever Strike Over Wage Demands

By Benzinga Neuro

May 29, 6:20 AM

The National Samsung Electronics Union in South Korea has declared a strike, demanding higher wages and fair treatment. This is the first time in the company's history that its workers have taken such action.

SSNLF

2 minute read

Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince’s Sovereign Wealth Fund

By Benzinga Neuro

May 29, 5:45 AM

Lenovo Group has decided to issue $2 billion worth of zero-coupon convertible bonds to Saudi Arabia Crown Prince Mohammed Bin Salman's sovereign wealth fund. This is part of a broader agreement with the tech-friendly kingdom.

BABA