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NEW YORK -- PDD Holdings stock climbed 2% in early trading here Wednesday after the Chinese e-commerce giant reported better-than-expected earnings in the fourth quarter amid overseas expansion.
ISKANDAR PUTERI, Malaysia -- Japan's NEC on Wednesday opened a new technological support and cybersecurity center in Malaysia's southern state of Johor, which borders Singapore and is benefiting from a boom in data centers and IT infrastructure.
TOKYO -- The Bank of Japan raised interest rates for the first time in 17 years on Tuesday, heralding the start of a shift from an era of unprecedented monetary easing.
KUALA LUMPUR -- Malaysia's economy is expected to grow faster at 4% to 5% this year, driven by improved investment and external demand, according to the country's central bank.
HONG KONG -- Tencent Holdings intends to at least double its share buybacks this year to 100 billion Hong Kong dollars ($12.8 billion), the Chinese tech giant said Wednesday, as the company's sales in the fourth quarter missed expectations.
NEW DELHI -- India's move to implement a citizenship law criticized by some as anti-Muslim has drawn over 200 court challenges, while raising concerns among certain foreign governments.
SAN JOSE, California -- Jensen Huang, CEO of American AI chip giant Nvidia, said Tuesday that he does not expect a "doomsday scenario" in U.S.-China relations and that the company will continue working closely with Taiwan Semiconductor Manufacturing Co. despite geopolitical tensions.
SAN JOSE, Calif. -- Nvidia plans to procure high-bandwidth memory (HBM) chips, a crucial component in AI processors, from Samsung as the South Korean electronics giant tries to catch up with rival SK Hynix, which recently started mass production of its next-generation HBM chip.