Asia stocks drop amid thin trading, China’s slower manufacturing expansion weighs
Investing.com– Asian stocks were largely subdued on Tuesday tracking overnight losses on Wall Street amid thin trading volumes at year-end, while investors assessed the Chinese manufacturing activity data. Trading volumes were thin with most major indexes shut for the year-end…
Alibaba’s cloud unit announces big price cuts on large-language models
BEIJING (Reuters) – Alibaba (NYSE:BABA)’s cloud unit said on Tuesday it was cutting prices by up to 85% on its large language models. This post appeared first on investing.com
Empty desks and tears mark five colleagues killed in South Korean plane crash
By Ju-min Park and Dogyun Kim MUAN COUNTY, South Korea (Reuters) – Empty desks and a calendar marking days off after Christmas sit in a South Korean office where five co-workers once planned a holiday to Thailand which ended in…
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.37%
Investing.com – Taiwan stocks were lower after the close on Tuesday, as losses in the , Plastic and Chemical sectors led shares lower. At the close in Taiwan, the Taiwan Weighted lost 0.37%. The best performers of the session on…
Chinese youth flock to civil service, but slow economy puts ‘iron rice bowl’ jobs at risk
By Laurie Chen BEIJING (Reuters) – A record 3.4 million young Chinese flocked to the civil service exam this year, lured by the prospect of lifetime job security and perks including subsidised housing as an economic slowdown batters the private…
Dollar reigns with the support of higher yields
SINGAPORE (Reuters) – The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as thin year-end liquidity kept most currencies in tight ranges. The yen was changing hands at 157.71 with only the…