Asia s kidults redefine market for toys and games, from mini models to K-pop collectibles scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Kwai llega a México de forma oficial para competir con TilTok milenio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from milenio.com Daily Mail and Mail on Sunday newspapers.
Asia Mostly Rises Advertisment Shares in Asia-Pacific rose on Friday following overnight gains stateside that saw the S&P 500 hitting a record closing high.
The Nikkei 225 rebuilt 437.24 points, or 1.5%, to end the week at 28,779.19.
The Japanese yen traded at 105.43 per U.S. dollar after weakening from levels below 105.2 against the greenback yesterday.
Shares of Japanese automakers rallied following a Nikkei report that Apple is in discussions with at least six companies about working on the Apple Car.
By the market close in Japan, Mazda Motor surged 18.5%, Mitsubishi Motors soared 8.1%, Nissan jumped 7.5%, Honda gained 2%, Toyota rose 2.% and Suzuki Motor advanced 1.7%.
The development follows a report Wednesday that Apple is finalizing a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle. Sources told media outlets that the deal was not yet completed and that Apple may ultimately choose another automaker to p
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HONG KONG (Reuters) - China’s Kuaishou Technology raised $5.4 billion from its IPO, the top of the range, with offers from retail investors reaching a mammoth $162 billion, nearly half of it backed by margin loans, three people with knowledge of the matter said.
FILE PHOTO: The logo of Chinese video-streaming startup Kuaishou is seen in Beijing, China May 10, 2017. Picture taken May 10, 2017. REUTERS/Stringer
Combining retail and institutional demand, the offering saw total bids worth over $370 billion, more than the gross domestic product of Hong Kong, for the 8.9% of the online video site on offer. The shares were priced at HK$115 ($14.83), two of the sources said, making the company worth $60.9 billion.