Taiwan shares hit record highs on the AI boom — and it may not be too late to join the party

[ad_1] High-rise buildings sprawl out across the Taiwanese capital Taipei. Ratima Sritangwong | EyeEm | Getty Images Taiwan shares notched fresh all-time highs on Friday as a booming demand for artificial intelligence and semiconductor technology boosts investor optimism for the country’s tech firms. Market watchers expect the rally in Taiwan stocks to strengthen further. The…

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China plans to merge 3 bad debt asset managers with its largest sovereign wealth fund, state media reports

[ad_1] Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading concept Igor Kutyaev | Istock | Getty Images China plans to merge three of its largest state-owned bad debt asset managers with its China Investment Corp sovereign fund as part of a plan to reform institutions,…

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Tencent, NetEase shares rebound after China regulator’s assurance on new online gaming rules

[ad_1] A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country’s top gaming regulator pledged to “further modify and improve” draft…

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