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LATEST MarketsPanama Canal Control Shifts in $22.8 Billion CK Hutchison Deal…An investor consortium, backed by BlackRock, has agreed to acquire a majority stake in the Hong Kong-based firm managing ports at both ends of the Panama Canal, shifting control to a U.S. entity amidst White House initiatives to counter Chines
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Yuanta Sees NVIDIA MediaTek Deal Strengthening AI Infrastructure Market Reach
1+ week, 6+ day ago (544+ words) Yuanta Securities’ CIO Office said NVIDIA’s expanded partnership with MediaTek marks a broader push from edge AI into data-center infrastructure, device-based AI computing and automotive platforms. The brokerage said NVIDIA’s US$3.5 billion investment in MediaTek convertible bonds underlines a longer-term…...
Alibaba Offloads Lingxi Games to Refocus on E-Commerce and AI
3+ week, 6+ day ago (264+ words) Shares of Alibaba Group Holding gained as much as 2.8% in the morning session of Tuesday on the Hang Seng Index, following the report that the company has reached an agreement to sell its entire stake in Lingxi Games to private…...