Eric Wang, Director for Americas at Deep Robotics, discusses the company's business strategy and its expansion into the US market. He speaks with Shery Ahn and Annabelle Droulers from the sidelines of the CES trade show on "Bloomberg Tech: Asia". (Source: Bloomberg)
Eric Wang, Director for Americas at Deep Robotics, discusses the company's business strategy and its expansion into the US market. He speaks with Shery Ahn and Annabelle Droulers from the sidelines of the CES trade show on "Bloomberg Tech: Asia". (Source: Bloomberg)
Hong Kong stocks ’ solid start to 2026 stumbled on Wednesday, with the benchmark gauge retreating from a seven-week high as geopolitical tensions rose after China imposed new sanctions against Japan. The Hang Seng Index fell 0.8 per cent to 26,488.53 as of 10.11am local time. The Hang Seng Tech Index dropped 1.5 per cent. On the mainland, the CSI 300 Index climbed 0.1 per cent and the Shanghai Com...
Hong Kong stocks ’ solid start to 2026 stumbled on Wednesday, with the benchmark gauge retreating from a seven-week high as geopolitical tensions rose after China imposed new sanctions against Japan. The Hang Seng Index fell 0.8 per cent to 26,488.53 as of 10.11am local time. The Hang Seng Tech Index dropped 1.5 per cent. On the mainland, the CSI 300 Index climbed 0.1 per cent and the Shanghai Composite Index added 0.2 per cent. Alibaba Group Holding fell 3 per cent to HK$146.30 and Tencent Holdings lost 1.5 per cent to HK$623. Electric-vehicle maker BYD lost 2.6 per cent to HK$96.60 and PetroChina declined 2.1 per cent to HK$8.09. Advertisement In the latest flare-up between the two Asian neighbours, China said on Tuesday that it would immediately ban exports of products to Japan with potential military use. Beijing was also mulling tightening export reviews for some rare earth-related items, the state-run China Daily reported. Elsewhere in Asia-Pacific, most markets rose with the exception of Japan, where the Nikkei 225 fell 0.3 per cent. South Korea’s Kospi rose 0.7 per cent and Australia’s S&P/ASX 200 added 0.2 per cent.
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a "secondary" 25% tariff on Indian goods in August, citing New Delhi's continued imports of Russian crud...
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a "secondary" 25% tariff on Indian goods in August, citing New Delhi's continued imports of Russian crude. Washington also sanctioned Russian oil companies Lukoil and Rosneft in late November. On Sunday, U.S. Senator Lindsay Graham claimed that India's U.S. ambassador, Vinay Mohan Kwatra, had asked him to urge President Donald Trump to lift these tariffs, arguing that New Delhi has reduced its purchase of Russian oil. While India's overall demand for Russian crude fell in December, analysts said the decline was largely driven by reduced buying from Mukesh Ambani-owned Reliance Industries , which had been a major importer before the U.S. sanctions on Lukoil and Rosneft took effect in late November. State-owned refiners, known as public sector undertakings (PSUs), have offset part of that drop for Russian oil, analysts added. State-owned Indian firms like the IOC (Indian Oil Corporation) and BPCL (Bharat Petroleum Corporation) "have continued to buy Russian crude for future delivery, through non-sanctioned suppliers," said Muyu Xu, senior crude oil analyst at tanker tracker firm Kpler. BPCL declined to comment, while IOC and Hindustan Petroleum Corporation , as well as the Indian Ministry of Petroleum and Natural Gas did not respond to requests for comment from CNBC. India has faced sustained pressure from the U.S. to cut back on Russian oil imports, an economic lifeline that enables Moscow to withstand Western economic sanctions over its war against Ukraine. "Despite declining aggregate imports, PSU refinery intake of Russian crude has remained resilient, highlighting a redistribution rather than a collapse in demand," said Rystad Energy's Pankaj Srivastava. Rystad estimates I...
(RTTNews) - At Tech World @ CES 2026, Lenovo showcased its boldest vision yet for Hybrid AI, unveiling Lenovo and Motorola Qira, a unified personal AI super agent designed to work seamlessly across PCs, smartphones, tablets, and wearables. Qira embodies Lenovo's vision of "one AI, multiple devices," delivering context-aware assistance and orchestrating tasks across ecosystems to elevate productivi...
(RTTNews) - At Tech World @ CES 2026, Lenovo showcased its boldest vision yet for Hybrid AI, unveiling Lenovo and Motorola Qira, a unified personal AI super agent designed to work seamlessly across PCs, smartphones, tablets, and wearables. Qira embodies Lenovo's vision of "one AI, multiple devices," delivering context-aware assistance and orchestrating tasks across ecosystems to elevate productivity, creativity, and connection. Lenovo also expanded its AI PC portfolio with Intel, introducing new Aura Edition devices powered by Intel Core Ultra Series 3 processors. The lineup includes ThinkPad X1 Aura Edition laptops, Yoga Series Aura Edition consumer PCs, and distinctive all-in-one desktops, all featuring adaptive intelligence, proactive support, and cross-device sharing. Motorola strengthened its premium smartphone portfolio with two flagship AI devices: the motorola razr fold, featuring an expansive 8.1-inch display and advanced creator tools, and the motorola signature, the brand's most refined smartphone with four 50MP AI-powered cameras and seven years of OS and security updates. In partnership with FIFA, Motorola also introduced the razr FIFA World Cup 26 Edition, inspired by the tournament's official brand and offering exclusive AI experiences. Beyond devices, Lenovo announced breakthrough AI-native concepts, new ThinkSystem and ThinkEdge inferencing servers, and expanded Hybrid AI Advantage services. Collaborations with FIFA, Formula 1, and entertainment partners highlight how Lenovo's AI solutions are transforming industries and delivering immersive experiences for fans worldwide. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
New York, Jan 6, 2026, 21:13 EST — Market closed Astera Labs shares fell 3.6% on Tuesday, extending a two-day slide. A regulatory filing showed the company’s general counsel sold 10,000 shares under a pre-set plan. The chip sector rose broadly, with the Philadelphia semiconductor index hitting a new high. Astera Labs (ALAB.O) shares closed down 3.6% at $161.01 on Tuesday, a second straight decline...
New York, Jan 6, 2026, 21:13 EST — Market closed Astera Labs shares fell 3.6% on Tuesday, extending a two-day slide. A regulatory filing showed the company’s general counsel sold 10,000 shares under a pre-set plan. The chip sector rose broadly, with the Philadelphia semiconductor index hitting a new high. Astera Labs (ALAB.O) shares closed down 3.6% at $161.01 on Tuesday, a second straight decline after a sharp selloff a day earlier. The stock swung between $151.17 and $168.89 in the session as volume rose to about 8.0 million shares. The move landed as investors continued to crowd into chip names tied to data-center buildouts, pushing the Philadelphia semiconductor index up 2.7% to a fresh high. Astera’s drop, against that backdrop, underscored how quickly sentiment can turn in high-valuation AI infrastructure trades. Reuters A Form 4 filing on Tuesday showed Philip Mazzara, Astera’s general counsel and secretary, sold 10,000 shares on Jan. 2 for prices ranging from $172.65 to $182.12, leaving him with 137,040 shares. The sales were made under a Rule 10b5-1 plan, a pre-arranged trading program companies use to limit the appearance of trading on nonpublic information. SEC Astera had already slipped 6.9% on Monday, when it closed at $167.11 after trading as low as $162.53, according to market data. FinancialContent The filing also comes as bigger chipmakers sharpen their focus on the networking gear that moves data around AI-heavy data centers, a niche where Astera competes. Marvell Technology said it would buy networking equipment provider XConn Technologies for about $540 million, with CEO Matt Murphy calling it a “compelling switching platform” for next-generation AI and cloud data centers. Reuters Astera sells hardware and software used to ease data, memory and networking bottlenecks in AI and cloud infrastructure, according to its annual filing. That positioning has helped drive outsized swings in the stock as investors try to price demand from large data-center...