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Nvidia Partner Hon Hai boosts capacity to meet ‘crazy’ AI demand
(Bloomberg) — Hon Hai Precision Industry Co. (2317.TW, HNHPF) plans to boost server capacity to meet stronger-than-anticipated demand for Nvidia Corp. (NVDA) chips used...
Metals Slump as China Fails to Deliver Fresh Stimulus Measures
(Bloomberg) -- Iron ore slumped from a five-month high and base metals fell, as a much-anticipated briefing by China’s top economic planner ended without...
China’s Stock Rally Fizzles as Traders Reassess Stimulus Bets
(Bloomberg) -- A rally in onshore Chinese stocks on their return from a week-long holiday fizzled as traders questioned Beijing’s resolve to add more...
Ares Is Said to Agree on Acquisition of GCP’s Ex-China Business
(Bloomberg) -- Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in...
Asian Stocks Drop, China to Reopen After Holidays: Markets Wrap
(Bloomberg) — Asian stocks declined following losses in the US, with investors focused on the reopening of Chinese markets following a week-long holiday.Most Read...