Monday, August 2, 2021

Tencent tumbles after Chinese media calls online gaming "spiritual opium"

Shares of online gaming companies, including Tencent Holdings Ltd and NetEase Inc, tumbled on Tuesday after a Chinese state media outlet branded online gaming "spiritual opium" and called for more curbs on the industry.

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Harley-Davidson bikes to get cheaper in India under US trade deal; impact on Hero JV unlikely

India has agreed to scrap import duties on fully-built imported Harley-Davidson motorcycles with engine capacities exceeding 800cc as part o...