Tencent

Hong Kong stock market falls as Hang Seng down 1% amid unrest near the Strait of Hormuz

Hong Kong's Hang Seng is falling among mostly closed Asian markets after renewed unrest near the Strait of Hormuz.

Bank CEOs reinforce Wall Street's valuation concerns

The New York Stock Exchange closed sharply lower on Tuesday, as concerns about high stock valuations, especially in AI-related companies, spread after warnings from the heads of major investment banks.

Ubisoft Reports 159 Million Euro Loss Amidst Industry Challenges

Ubisoft and Tencent Invest $1.25 Billion in New Gaming Subsidiary

The French gaming giant Ubisoft is to establish a new subsidiary around its most popular game series, including the bestseller "Assassin's Creed".

New Chinese AI - "Better and Cheaper"

The Chinese tech giant Baidu has launched an AI model that is "better and cheaper" than both Deepseek and Chat GPT, they claim.

Volvo Cars surged on the stock exchange

The Stockholm stock exchange's broad OMXS index rose 0.6 percent on Tuesday. Among the winners was car manufacturer Volvo Cars, which surged 9.3 percent after releasing new sales figures.

WeChat boosts Chinese gaming giant