(Reuters) -Chinese tech giant Alibaba Group (BABA) launched Qwen 3 on Tuesday, an upgraded version of its flagship artificial intelligence model that introduces new hybrid reasoning capabilities. The launch comes as competition in China’s AI sector intensifies, spurred by the breakout success of local startup DeepSeek earlier this year, which claimed to have built high-performing...
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports are expected to have fallen in April, as U.S. President Donald Trump’s sweeping tariffs, including those on autos and steel, started to weigh, a Reuters poll found on Tuesday. South Korea is the first major exporting economy to report trade figures each month, providing an early...
(Reuters) – Crude oil prices fell in early Asian trading on Tuesday as investors lowered their demand growth expectations due to the ongoing trade war between the United States and China, the world’s two biggest economies. Brent crude futures fell by 25 cents, or 0.4%, to $65.61 per barrel by 0024 GMT. U.S. West Texas...
HONG KONG (Reuters) -Shares of Bright Smart Securities & Commodities Group jumped as much as 60.7% to a record upon resumption of trading on Monday after Ant Group agreed to buy a 50.55% stake in the Hong Kong-based brokerage for HK$2.81 billion ($362.26 million). The stock, whose trading was halted on April 23, touched HK$4.90,...
-Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime Minister Gan Kim Yong according to a report by The Straits Times. Gan said on Sunday that he had a call with U.S. Secretary of Commerce...
TOKYO (Reuters) -Shares of Toyota Industries (6201.T) were set to surge on Monday after Japanese automaker Toyota said over the weekend it was exploring the possibility of investing in a potential buyout of the key parts supplier. Toyota Industries shares remained untraded with a glut of buy orders on Monday. The bid and ask indicated...
By Wayne Cole SYDNEY (Reuters) – Asian share markets and the dollar made a cautious start on Monday as confusion over U.S. trade policy showed little sign of easing, in a week packed with major economic data and mega-tech earnings. While U.S. President Donald Trump has claimed progress is being made on trade with China,...
Markets may be volatile, but that hasn’t stopped savvy investors from looking for opportunity. Whether it’s building a dividend-paying portfolio, finding dependable growth stocks, or taking advantage of a market correction, this week’s Smart Reads is full of actionable insights to help you grow your portfolio and stay focused on the long game. If you’ve...
(Reuters) -Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the Nikkei newspaper reported on Sunday. The company is preparing to recruit sellers soon for its e-commerce arm TikTok Shop in Japan, Nikkei said, citing a source involved in the operations. TikTok did not immediately respond...
By Francesco Canepa WASHINGTON (Reuters) -European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there is little to no appetite for a big move, six sources told Reuters. ECB governors gathering in Washington for the International Monetary Fund and World Bank’s Spring Meetings...
