Tag: Breaking News: Asia

Alibaba shares fall 5% in premarket trading after posting 86% profit drop

Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement…

Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming

Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and…

Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target

Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly…

SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion

SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including…

Asia markets track Wall Street gains amid renewed U.S. rate cut hopes; Hong Kong stocks hit 10-month high

Hong KongKanchisa Thitisukthanapong | Moment | Getty ImagesHong Kong led Asia-Pacific stocks higher on Friday as markets tracked…

Asia markets mixed ahead of China trade data and Japan pay figures

View of Shanghai skyline from a container station.Yaorusheng | Moment | Getty ImagesAsia-Pacific markets were mixed ahead of…

Asia markets mixed as investors parse through Japanese auto earnings

Investors will be looking to earnings from Toyota and Mitsubishi, as well as Singapore's UOB. Source link