HONG KONG (Reuters) - China’s Ant Group is buying a controlling stake in Hong Kong-based brokerage Bright Smart Securities & Commodities Group for about $362 million, marking the fintech firm’s first acquisition of a securities brokerage licence.Ant Group agreed to buy a 50.55% stake in Bright Smart for HK$2.81 billion ($362.26 million), the firms said in a joint statement.Bright Smart cha ...
By Yuka Obayashi and Katya GolubkovaTOKYO (Reuters) -JERA, Japan’s top power generator, may consider Alaska as a potential source of liquefied natural gas (LNG) supply, an executive said on Monday, as Japanese officials head to the U.S. this week for another round of tariff talks. Alaska LNG, a proposed $44 billion project consisting of a pipeline and an LNG plant, has been a key part of Preside ...
Updates to clarify shares fell in 24 hours trading. Investing.com-- Nvidia shares fell in 24 hours trading on Sunday evening, Robinhood data showed, following a report that China’s Huawei was testing an advanced artificial intelligence processor aimed at rivaling some of Nvidia’s products.NVIDIA Corporation (NASDAQ:NVDA) fell as much as 1.8% to $109.06, before recovering to $109.48 by 22:34 ET ...
Investing.com-- Asian stock markets were mixed on Monday, as Japanese shares rose, boosted by Toyota’s surge on a potential buyout of its supplier, while Chinese stocks were subdued amid ongoing uncertainties surrounding U.S.-China trade talks.Major U.S stock indexes closed higher on Friday, leading to weekly gains. However, futures tied to these benchmark indexes were lower in Asian trading on ...