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Asia-Pacific markets mostly rose after key U.S. benchmark indexes hit fresh highs overnight as artificial intelligence chip firm Nvidia overtook Microsoft to become the world's most valuable public company.
The Federal Trade Commission said Tuesday that it's referred its complaint against TikTok and Chinese parent ByteDance to the U.S. Department of Justice.
The S&P 500 rose to a fresh record as artificial intelligence darling Nvidia continued its march to new highs, topping Microsoft as the most valuable public company.
Australia voiced concern on Tuesday about the “ham-fisted” actions of two Chinese diplomats at a media event, tarnishing a highly touted visit in which Premier Li Qiang has sought to celebrate trade and friendship.
“We have made a decision, we will be placing the formal procedures soon … we are just waiting for the final results from the government in South Africa,” Anwar said in an interview with Shanghai-based new site Guancha.
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Nvidia's blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on Apple.
The European Union may be no economic match for its U.S. and China trade partners, but it can seek to contend with them strategically, the bloc's competition chief said Tuesday.