Tencent loses over $43 billion in market value after China proposes new online gaming rules

[ad_1] Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The…

Asia markets slide as CSI 300 hits fresh four year lows; Hong Kong stocks drop to over 1-year low

[ad_1] An Hour Ago India service sector activity expands slower than expected in November India’s service sector activity expanded at a slower pace than expected in November, according to S&P…

Asia markets mixed even as Wall Street goes into Thanksgiving with a rally

[ad_1] 2 Hours Ago Alibaba shares little changed after Jack Ma halts plans to cut Alibaba stake Shares of Chinese tech giant Alibaba in Hong Kong are little changed after…

China leaves benchmark lending rates unchanged; Japan stocks briefly touch 33-year highs

[ad_1] An Hour Ago Nikkei 225 briefly touches 33-year highs, highest since May 1990 Japan’s Nikkei 225 briefly touched 33 year highs on Monday morning, with the benchmark Nikkei 225…

Hong Kong stocks lower, led by Alibaba shares that drop 8%; Asia markets mostly lower

[ad_1] An Hour Ago Singapore’s non-oil domestic exports slump at slowest pace in a year The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty…

Alibaba shares slide 5% after it disappoints on profit, curbs cloud spinoff

[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Chinese…

Hong Kong stocks lead gains in Asia after soft U.S. inflation, better-than-expected China data

[ad_1] 4 Hours Ago Chinese EV stocks rise; Xpeng quarterly results eyed Hong Kong-listed stocks of Chinese electric vehicle firms jumped in early afternoon trading. Shares of BYD, Nio, Xpeng…

SoftBank’s Vision Fund ekes out gain but company posts $6.2 billion quarterly loss

[ad_1] SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation. Tomohiro Ohsumi | Getty Images SoftBank posted an investment gain on its Vision Fund in the…

Most Asia markets turn lower; Japan business sentiment improves

[ad_1] An Hour Ago Japan business sentiment improves as Reuters Tankan survey shows rise in November Confidence among large Japanese manufacturers rose in November, according to the Reuters Tankan survey,…

Asia markets open higher; Japan business sentiment improves

[ad_1] Soft landing could fuel 15% rally in global equities, HSBC says Global equities look situated for a significant rally in the new year should central banks begin easing monetary…