Zhipu and MiniMax are first Chinese ‘AI tigers’ to list MiniMax surges 78%, potential for its consumer apps in focus Zhipu jumps further on its second day of trade SINGAPORE/HONG KONG/BEIJING, Jan 9 (Reuters) – MiniMax Group (0100.HK), opens new tab, the second so-called Chinese “AI tiger” to go public, rocketed 78% higher on its…
Item 1 of 3 A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo [1/3]A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab Anta has offered…
US boarded boat that escaped blockade and put up Russian flag Trump announces deal to import up to 50 million barrels of crude Venezuela’s main buyer China denounces US ‘bullying’ Oil prices fall on anticipated supply increase Opposition leader Machado’s hope for election on hold WASHINGTON, Jan 7 (Reuters) – The U.S. seized an empty…
Asia’s top two economies embroiled in biggest dispute in years China’s ban latest response to Japan PM’s Taiwan remarks Beijing weighing broader rare earth curbs, state media says Japanese automakers at risk if restrictions expanded TOKYO, Jan 7 (Reuters) – Japan called China’s ban on dual-use exports for its military “absolutely unacceptable” on Wednesday, amid…
Valuation about $6.5 billion at high end Six Chinese firms to list in Hong Kong this week MiniMax scheduled to start trading on January 9 HONG KONG/SINGAPORE, Jan 5 (Reuters) – MiniMax Group (0100.HK), opens new tab is expected to price its Hong Kong IPO at the top of a marketing range and raise $538…
HONG KONG, Jan 5 (Reuters Breakingviews) – IPO fever has caught on in Hong Kong in a big way. On Friday, shares in Shanghai Biren Technology (6082.HK), opens new tab zoomed up 76% after the Chinese artificial intelligence chip designer raised more than $700 million in its initial public offering. That came three days after…
LONDON, Jan 4 (Reuters) – The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald Trump’s plans to revive production in the Latin American country may…
SHANGHAI, Jan 4 (Reuters) – South Korean President Lee Jae Myung began a state visit to China on Sunday, hoping to promote peace on the Korean Peninsula hours after rival North Korea launched ballistic missiles. The visit, Lee’s first to China since taking office in June, comes amid heightened global tensions after Pyongyang’s aggressive display,…
Jan 3 (Reuters) – Following are reactions to Saturday’s U.S. strikes on Venezuela. FRENCH PRESIDENT EMMANUEL MACRON “The transition to come must be peaceful, democratic, and respectful of the will of the Venezuelan people. We hope that President Edmundo González Urrutia, elected in 2024, will be able to ensure this transition as quickly as possible,”…
Stocks rise; Europe at record high again Precious metals rally shows no sign of stopping Dollar on the defensive; traders remain on yen intervention watch SINGAPORE/LONDON, Jan 2 (Reuters) – European stocks began 2026 at fresh record highs as investors braced for a year set to test the AI-led rally, usher in a change of…