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Asia News

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Donald Trump, Xi Jinping, U.S.-China meeting

TazaPulseMay 14, 2026

U.S. President Donald Trump is welcomed after arriving in Beijing to kick off a landmark state visit in China on May 13, 2026. Anadolu | Anadolu | Getty Images Asia-Pacific markets were set to open higher Thursday as investors look to a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping...

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Alibaba’s core profit plunges even as AI and cloud growth accelerate

TazaPulseMay 13, 2026

Jaap Arriens | Nurphoto | Getty Images Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce. The Chinese tech giant said its adjusted earnings before interest, taxes, and amortization (EBITA), a measure of the company’s underlying profitability, came in at 5.1 billion Chinese yuan ($750.9...

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China’s Tencent sees boost from gaming, AI demand despite revenue miss

TazaPulseMay 13, 2026

Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here’s how Tencent did in its first-quarter earnings for 2026, compared to LSEG analyst forecast data: Revenue: 196.5 billion Chinese yuan ($28.9 billion), compared to estimates of 199 billion Chinese yuan. “We started 2026 by making...

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SoftBank posts $46 billion gain at Vision Fund driven by OpenAI bet

TazaPulseMay 13, 2026

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters SoftBank booked a yearly gain of $46 billion at its Vision Fund driven mainly by the huge rise in value of its investment in OpenAI. The Japanese giant...

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India hikes bullion import duties to arrest rupee slide

TazaPulseMay 13, 2026

Gold pure gold bar models captured in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images India, the world’s second-largest gold consumer, has raised import duties on gold and silver to 15% from 6%, just days after Prime Minister Narendra Modi urged citizens to curb bullion purchases for a year as overseas...

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Chinese exporters have bigger worries than tariffs as summit nears

TazaPulseMay 13, 2026

SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Chinese exporters spent the past year scrambling...

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Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears

TazaPulseMay 13, 2026

TOPSHOT – Members of the Samsung Electronics labour union hold signs reading “Change it to be transparent!” as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company’s foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images) Jung...

Asia News

Nikkei, Kospi, csi 300, hang seng, trump, iran

TazaPulseMay 13, 2026

A man wearing a protective face mask is reflected on a stock quotation board at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. Issei Kato | Reuters Asia-Pacific markets were set to open mixed Wednesday, as investors digest a hotter-than-expected inflation reading for April amid concerns over higher oil prices...

Asia News

India April inflation rises for sixth straight month, below estimates

TazaPulseMay 12, 2026

A customer hands over a pineapple to a vendor at a roadside shop decorated with plastic Vishu Konna flowers (scientific name: Cassia fistula) ahead of the Vishu festival in Kochi, India, on April 14, 2026. Nurphoto | Nurphoto | Getty Images India’s consumer price inflation in April rose for the sixth straight month to 3.48%...

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SoftBank invests $457M in Graphcore AI chips

TazaPulseMay 12, 2026

Softbank has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment giant looks to continue its major play in AI infrastructure and hardware. Graphcore, which is developing AI chips and systems and was acquired by the Japanese giant in 2024, issued a single share at the value of...