Asia - Spark Newswire

1 minute read

Chinese ChatGPT In Works? Google Rival From Asia Reportedly Eyes Launch In March

Today, 7:44 PM

Baidu Inc. (NASDAQ:BIDU), the company behind China’s largest search engine, plans to launch an AI-powered service similar to OpenAI’s chatGPT, reported Bloomberg,…

BIDU

1 minute read

Intel CEO Says Expecting Some Level Of Recovery From China In Second Half

By Michael Horton

Today, 7:44 PM

-Reuters

INTC

2 minute read

China’s Video Game Market Experiences First Slump In 18 Years With 10.3% Decrease

By Franca Quarneti

Today, 7:44 PM

China's video game market experienced a year-over-year drop of 10.3% — the first decline since 2003.

NTES

1 minute read

Why This Financial Services Firm Is Getting Bullish On Chinese Equities In 2023

By Lisa Levin

Today, 7:44 PM

On CNBC, Laura Wang of Morgan Stanley said we’re getting "more bullish" on Chinese stocks after turning constructive on the country’s markets at the start of December last year.

BABA

1 minute read

Nomura Sees India’s Central Bank Hiking Rates By This Much In February

By Lisa Levin

Today, 7:44 PM

On CNBC, Sonal Varma of Nomura said the Reserve Bank of India is expected to announce a "final" 25 basis point rate increase in February due to "elevated core inflation."

INFY

2 minute read

Ryan Cohen Takes Stake In Alibaba — Nudges Board To Boost Share Buybacks By Another $20B: WSJ

By Bhavik Nair

Today, 7:44 PM

Activist investor Ryan Cohen has reportedly acquired a stake in Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE:

AAPL

1 minute read

Why This Analyst Doesn’t Expect OPEC To Take Any Action In Coming Months

By Lisa Levin

Today, 7:44 PM

On CNBC, Matt Smith of Kpler said people are expecting very strong demand for oil amid reopening in China, which could send the oil prices into triple digits, but he believes that there’s a very "bumpy road" to get th

CVX

2 minute read

Xi Jinping’s Government Gearing Up To Buy ‘Golden Shares’ In Local Units Of Alibaba, Tencent: FT

By Bhavik Nair

Today, 7:44 PM

China is reportedly acting to take “golden shares” in local units of Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (OTC: TCEHY) as part of the government’s

BABA