Tencent's Riot Games division cuts 11% of staff to 'create focus'
Tencent's Riot Games unit said Monday it's eliminating 11% of its workforce, or about 530 jobs, and scaling back on its division that publishes games from small developers.
Development asian news
Bank of Japan retains its ultra-loose policy, trims core inflation forecast
The Bank of Japan expectedly retained its ultra-loose monetary policy at its first meeting this year, while cutting its core inflation forecast for the next fiscal year.
Solomons shows it's not easy for China, U.S. to woo some small nations
HONIARA -- Chinatown in Honiara, the capital of the Solomon Islands, still bears scars two years after demonstrators demanding that the pro-China government step down in November 2021 turned riotous.
Man may face death penalty for Japan anime studio arson that killed 36 people
Shinji Aoba faces five charges including murder, attempted murder and arson and prosecutors are seeking capital punishment.
Dow rises more than 100 points to close above 38,000 for the first time ever: Live updates
Stocks rose Monday as investors built on the previous session's historic move to record highs.
AMD's stock surge in past year leads analyst to a 'heck if we know' rating
Demand for graphics processing units — the artificial intelligence chips that power programs such as ChatGPT — has been surging for months, leading to significant gains for the companies that make GPUs.
Two important events this week could determine the future of Fed rate policy
Markets have become less convinced that the Federal Reserve is ready to press the button on interest rate cuts, an issue that cuts at the heart of where the economy and stocks are headed.