Backlash presents biggest hurdle to data centers: AirTrunk boss
AirTrunk CEO Robin Khuda, far right, takes part in a panel discussion at the Nikkei Asia Forum Sydney on Aug. 26. (Photo by Ken Kobayashi)
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Google, OpenAI, Meta, TikTok team up with Japan to fight scams
Tech groups and Japanese authorities and businesses launched the Japan Anti-Scam Alliance in Tokyo on Aug. 26. (Photo by Tsubasa Suruga)
Haidilao shares jump as delivery growth and new restaurant brands boost outlook
Shares of Chinese hotpot chain Haidilao International rose 7% in Hong Kong on Wednesday, after the company's first-half results revealed delivery revenue more than doubled.
Asia's rising wealth to propel finance industry past US: report
A report published by the international accounting firm forecasts that Asia-Pacific will become the largest contributor of financial services value added worldwide by 2035. (Source photos by Reuters and Shinya Sawai）
Daiwa Securities unit teams with Aussie VC to back AI, quantum startups
The Sakura Fund will look to invest in Australian companies such as Q-CTRL, which develops GPS-free navigation systems. (Photo by Rurika Imahashi)
Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
The brickmaker posted a 21% revenue bump for the first half of the year, boosted once again by its now-stalwart lines like botanical bouquets, Formula 1 race cars and collectible sets.
Exclusive: TSMC supplier Nichias to build key chipmaking 'tubes' in Taiwan
Partnership with Gold Stone Development aims to ease key chip supply chain bottleneck
Malaysia's strong growth yet to reach households, small businesses
Shopkeeper Muhammad Khairul Alias sorts out frozen food items at his retail shop in Kuala Lumpur, which is going through a series of ups and downs. Sales are "good for a while," he says, "then weaken the following month…
People in Indonesia are naming their kids after manga characters
The popularity of Japanese anime and manga has influenced Indonesian parents' name choices for their children, with some named after characters like Naruto. (Nikkei montage/Source photos by Getty Images and AP)
Alibaba to raise $10bn via new Hong Kong shares to fund AI investments
Move comes amid intensifying race to build frontier models and computing infrastructure
Vietnam assembly ends, China oil and gas earnings, BOJ deputy speech
Vietnam will wrap up an extraordinary session of its National Assembly that began on Aug. 3 and has unfolded over two phases. Legislative topics have run from money laundering and agriculture to halting the proliferatio…
Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks
Rising yields rattled the market, but we’re sticking with our favorite AI and retail stocks Stocks took their cue from the bond market this week. Read at source
China automakers' EV rush culminates in 'Crazy Thursday'
Even BYD, China's leading EV maker, is struggling with the sheer number of competing models. (Photo by Shizuka Tanabe)
Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.
The Magnificent 7 Signal Flashing a Warning for the Bull Market
If you own an S&P 500 Index fund… more than a third of your money sits in just seven stocks. If you own a Nasdaq 100 Index fund… that number jumps to roughly 40%.
Alibaba shares fall 4% as AI spending drives 75% drop in net income
Alibaba's U.S. shares dropped 4% in premarket trading Thursday after the Chinese tech giant posted net income that plummeted 75% in the June quarter.
Walmart will report second-quarter earnings before the bell. Here's what to expect
Walmart is expected to report fiscal second-quarter earnings before the bell on Thursday and offer its latest read on the health of the U.S. consumer.
Why we're giving off-price retailer TJX a pass for softness in its biggest division
Still, there was a lot to like about the quarter and what management had to say.
Nasdaq 100 Under Pressure From Rising Yields, Oil Prices: What to Watch Today
The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU26) are up +0.03%…
Here’s Why Stop Losses Matter Even With a Bullish Long-Term View
Bitcoin – wave 5 Targets (Elliott Wave + Fibonacci) Bitcoin appears to be in the final wave 5 of the current bullish cycle. After breaking the 38.2% Fibonacci extension target, focus shifts to the next major levels: 61.…
Target is set to report earnings before the bell. Here's what to expect
Target is expected to report fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress under CEO Michael Fiddelke.
Unitree shares soar 629% after robot maker raises $905m in Shanghai IPO
A Unitree G1 embodied intelligent robot is displayed at an industry event in Shanghai on Aug. 12. (VCG via Getty Images)
Thailand hosts Myanmar military chief, deepening bilateral ties
Gen. Ye Win Oo, right, receives a flag from Min Aung Hlaing in March to mark his promotion to military chief. Min Aung Hlaing retired from the army to become the country's nominally civilian president. © Reuters