Exclusive: Baidu’s Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say
Dec 5 (Reuters) – Kunlunxin, the AI chip unit of Chinese internet search giant Baidu (9888.HK), opens new…
Brazil soy exports jump 64% in November ahead of Chinese shift to US
SAO PAULO, Dec 4 (Reuters) – Brazil’s soybean exports jumped 64% in November from a year ago to…
Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
Nikkei falls 1.5%, shares elsewhere subdued Japan spending data weak BOJ widely expected to hike rates this month…
Taiwan to ban China’s Xiaohongshu app for one year on fraud concerns
Item 1 of 2 A man walks past the booth of Chinese startup Xiaohongshu, which means “little red…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
Tariffs, AI boom could test global growth’s resilience, OECD says
Global growth seen at 3.2% in 2025, easing to 2.9% in 2026 US growth revised up to 2%…
China’s Baidu starts layoffs after reporting third-quarter loss – sources
BEIJING/SHANGHAI, Nov 28 (Reuters) – China’s Baidu (9888.HK), opens new tab started layoffs this week that will hit…
China regulator issues competition compliance guidance for smartphone industry
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia…
Alibaba starts selling Quark AI glasses in China, enters global wearables race
SHANGHAI, Nov 27 (Reuters) – Alibaba (9988.HK), opens new tab released on Thursday its new Quark artificial intelligence…
Early signs for Japan 2026 wages bolster case for near-term BOJ rate hike
Item 1 of 2 A worker washes hotel windows at a shopping district in Tokyo, Japan, February 15,…
BOJ close to raising rates, board member Masu says -Nikkei
Rate hike in December will be ‘comprehensive decision’, Masu says Masu expects US tariff impact to be smaller…
Dollar hedging frenzy fades, bringing relief to greenback
Investor hedging of dollar exposure has slowed, traders say Development supports case for dollar recovery BNY client data…