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HONG KONG: Tencent Holdings Ltd picked up millions of new gamers during the global coronavirus outbreak - yet that surge in mobile play may be slowing as the world’s No. 2 economy goes back to work.
KUALA LUMPUR: Asia’s biggest hospital group is offering on-demand tests for the new coronavirus in Malaysia, while helping Singapore’s authorities diagnose cases, even as other countries struggle with a shortage of kits.
MUMBAI: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks
MUMBAI: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.
E-commerce aggregator platform iPrice Group has raised a US$10mil Series B investment, led by ACA Investments Pte Ltd, with participation by Daiwa PI Partners and returning investors LINE Ventures and Mirae Asset-Naver Asia Growth Fund.
RICE of gold surged to a seven-year high last week as investors sought a safe haven while volatility saw the S&P500 index close the week at up 20.7%.
HONG KONG: In coronavirus-hit China, demand for virtual office tools from Alibaba Group Holding Ltd and Tencent Holdings Ltd is surging as the world’s largest work-from-home experiment gets into full swing.
BEIJING: More than 300 Chinese companies are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak, two banking sources said.
LUXEMBOURG: Google’s decade-long antitrust fight with the European Union is set for more twists and turns this week as the internet giant battles the first in a trilogy of fines that cost the company nearly $9 billion.