Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10.2 billion) from a share sale of 710 million shares at HK$112.7 each, a 3.6% discount to Friday's close, to fund its AI expansion…
Tencent Holdings Ltd. and JD.com Inc. report earnings this week, testing whether China's rotation from AI infrastructure stocks into internet platforms can continue. JD.com is expected to post an 18% …
Malaysia has become one of the world's four largest net exporters of AI-related hardware, alongside South Korea, Taiwan and Thailand, according to the International Monetary Fund, with data center inv…
China's youth unemployment could approach 20% in the next two months as a record 12.7 million graduates enter the labor market, according to Zhaopeng Xing, an economist at Australia & New Zealand Bank…
HSBC Holdings Plc upgraded Apple Inc. to buy from hold, citing the company's position in agentic AI and a strong hardware pipeline. Analyst Nicolas Cote-Colisson raised the price target to $366 from $…