Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Taiwan benchmark Taiex rose 1.42% to a record high Tuesday, amid broader gains in Asia, fueled by a tech rally on Wall Street after Nvidia announced a partnership with OpenAI. Australia’s ASX/S&P 200 rose 0.52%. South Korea’s Kospi climbed 0.69%, while the small-cap …
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The Seoul skyline. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded mixed Friday, breaking ranks with Wall Street as investors also assessed a slate of economic data in the region. Japan’s Nikkei 225 slid 0.41%, while the Topix lost 0.39% after core consumer prices in Tokyo rose at a slower pace in August. The Tokyo core CPI, which strips …
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Tencent Music shares jump 16% after second-quarter earnings top estimates Tencent Music Entertainment Group rose 16% Wednesday, a day after the company beat estimates for second-quarter revenue and profit on robust subscriber growth in its online music services. The company reported revenue of 8.44 billion Chinese yuan ($1.18 billion), up by about 18% from the same period last year. The lion’s share of the revenue …
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