Microsoft, Nvidia team up for more realistic visuals on Minecraft game
Microsoft Corp said on Monday it will use chipmaker Nvidia Corp’s real-time ray tracing technology to provide the software company’s Minecraft video game players more realistic graphics on personal computers.
Asia stocks advance as China’s rates tweak improves investor mood
Asian stocks rode a Wall Street rally on Monday and were also cheered by a decision from China’s central bank to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies.
Cathay Pacific shares in choppy trade after shock exit of CEO Hogg
Cathay Pacific shares were choppy in opening trade on Monday after the shock exit of CEO Rupert Hogg, as the airline grapples with mounting Chinese scrutiny over the involvement of some of its staff in anti-government protests in Hong Kong.
Asia stocks gain as China rates tweak lifts investor mood
Asian stocks tracked the Wall Street rally on Monday and found an extra tailwind from a move by China’s central bank to change the way a key interest rate benchmark is set, seen by analysts as reducing borrowing costs for companies.
Oil prices climb after Saudi oilfield attack, but recession worries drag
Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease.
Japan’s exports slip for eighth month, sales to China drop as recession fears grow
Japan’s exports slipped for an eighth month in July, while manufacturers’ confidence turned negative for the first time in over six years as China-bound sales slumped again in a fresh sign the Sino-U.S. trade war could tip the economy into recession.
Cathay Pacific shares rise 2.3 percent after CEO Hogg resigns
Shares of Cathay Pacific Airways rose more than 2 percent early on Monday after CEO Rupert Hogg resigned in a shock move, as the carrier grapples with the involvement of some of its employees in the city’s anti-government protests.
Oil rises after Saudi oilfield attack, but recession worries cap gains
Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth.
Asia stocks rise as stimulus, policy hopes calm nervous investors
Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors’ fears of a sharp global economic slump.
Japan exports slide for eight month on weak global demand
Japan’s exports slipped for an eight month in July, while manufacturers’ confidence turned negative for the first time in over six years as slowing global growth and the prolonged Sino-U.S trade war took a toll on the world’s third-biggest economy.