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(Reuters) -Snap Inc said on Tuesday it is launching a studio to help brands create augmented reality advertising and experiences, part of a move to popularize the use of technology that can overlay computer-generated images onto a person's view of the real world.
(Reuters) -Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.
NEW YORK/LONDON (Reuters) -The first U.S. bitcoin futures-based exchange-traded fund began trading on Tuesday, sending bitcoin to a six-month high and within striking distance of its all-time peak, as traders bet the ETF could boost investment flows into cryptocurrencies.
STOCKHOLM (Reuters) - Spotify is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as the music streaming service looks to increase revenue from customers who don't pay a monthly fee but make up the bulk of its user base.
HONG KONG: Bitcoin continued its climb toward all-time highs, bolstered by optimism over the upcoming launch of the first Bitcoin futures exchange-traded fund in the U.S. by asset manager ProShares.
HONG KONG: Hong Kong's new futures product based on an index of onshore Chinese shares, which began trading Monday, had the highest first-day trading value of any new futures launched on the Stock Exchange of Hong Kong, according to the bourse.
KUALA LUMPUR: AirAsia X Bhd (AAX) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate all existing contracts so that it can restructure RM33.65bil of liabilities, a document seen by Reuters shows.
PETALING JAYA: Mah Sing Group Bhd’s margins are expected to remain resilient despite the rising raw material costs.
STOCKHOLM (Reuters) - Geely-owned Volvo Cars said on Monday its initial public offering would be priced within a range of 53 to 68 Swedish crowns per share, valuing the automaker at up to US$23 billion in what is likely to be one Europe's biggest listings this year.
Emerging markets: Philippines shares go flat as Indonesia shares go on a high and Malaysia stocks hit five-month peak
Philippine shares were flat. Among currencies, the Philippine peso, South Korea's won and the Singapore dollar fell between 0.2% and 0.4%. The Thai baht eased 0.5% to 33.450, its biggest intraday fall since Oct 6 as the currency erased some of the strong gains posted last week.