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BEIJING/SINGAPORE, May 13 (Reuters) – Tencent Holdings reported first-quarter revenue growth of 9% on Wednesday, as China’s largest social media and gaming company benefited from robust demand for its games and expanding artificial intelligence services. The Shenzhen-based company posted revenue of 196.5 billion yuan ($28.94 billion) for the three months ended March 31, compared with 198.96 billion yuan expected by analysts polled by LSEG. Net profit came in at 58.1 […]

By Camillus Eboh ABUJA, May 13 (Reuters) – Nigeria’s military said on Wednesday that there has been no evidence of civilian casualties from an airstrike on militants in the northwest Zamfara state this month, calling reports of large death tolls unverified and misleading. Amnesty International said this week that at least 100 civilians were killed in the May 10 airstrike on a crowded market in Tumfa village, urging authorities to […]

YOKOHAMA, Japan, May 13 (Reuters) – Nissan on Wednesday reported an operating profit of 58.0 billion yen ($367.60 million) for the year that ended in March, as an improved cost performance and a one-off boost tied to U.S. emissions regulations offset a hit from Washington’s tariffs. Analysts, according to an LSEG survey, expected the automaker to report a fiscal year loss of 60 billion yen. In the year-earlier period, it […]

By Rachel More BERLIN, May 13 (Reuters) – Volkswagen’s controlling family shareholders piled pressure on the automaker to overhaul its business model on Wednesday after the German company’s ongoing problems led to a drop in first-quarter profit at their holding group. Porsche SE, the holding company of the Porsche-Piech auto dynasty and Volkswagen’s largest investor, posted a 21% drop in adjusted profit after tax of 382 million euros ($469 million) […]

May 13 (Reuters) – Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader inflation prompted caution on overseas equities. They divested a net 636.4 billion yen ($4.04 billion) of foreign stocks last month, logging the largest monthly net sales since October 2025, data from the Ministry of […]

TAIPEI, May 13 (Reuters) – Taiwan’s ruling Democratic Progressive Party (DPP) nominated lawmaker Puma Shen on Wednesday as its candidate for Taipei mayor, a man who has been sanctioned by China for what Beijing has described as his support for “separatism”. Taiwan, which China views as its own territory, holds key mayoral and county chief elections in November, which while mostly focusing on local issues will offer a gauge of […]

May 13 (Reuters) – Ukrainian President Volodymyr Zelenskiy warned of possible waves of Russian drone attacks throughout Wednesday, saying that more than a hundred drones were in Ukraine’s airspace, as Moscow has shifted tactics to strike increasingly during daylight hours. “Russia continues its strikes and is doing so brazenly – deliberately targeting our railway infrastructure and civilian sites in our cities,” Zelenskiy said in a post on X. Since the […]

MOSCOW, May 13 (Reuters) – Ukraine resumed drone attacks on Russia’s oil refineries and ports on Wednesday, two days after a three-day ceasefire proposed by U.S. President Donald Trump expired. Ukraine has been targeting Russian oil infrastructure to undercut Moscow’s revenues from the energy sector and dent its military might as the four-year war grinds on. Russia’s defence ministry said on Wednesday that 286 Ukrainian drones had been intercepted and […]

By Laurie Chen BEIJING, May 13 (Reuters) – U.S. President Donald Trump will put artificial intelligence at the forefront of talks this week with Chinese leader Xi Jinping, a first that highlights the technology’s strategic heft but substantive commitments are unlikely, said two U.S. officials with knowledge of preparations. Trump’s Beijing visit unfolds as the U.S.-China AI rivalry intensifies into a contest some observers have compared to a Cold War-style […]