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Hong Kong stocks jump 2% in mixed Asia session, Softbank shares drop 13%

Bitcoin drops below $16,000 to lowest since November 2020 as FTX saga continues CNBC Pro: UBS says disinflation is on its way — and shares 8 global stocks to play it Swiss bank UBS has predicted “strong” disinflation in 2023. He said weak growth coupled with ‘mechanical’ indicators, such as easing supply chain bottlenecks and …

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Tencent looks to short video ads to boost revenue amid gaming slump

Tencent runs the ubiquitous Chinese messaging app WeChat. The company offers a short video feature in the app and has started monetizing it through in-feed video ads. Tencent said such ads could become a “substantial” source of revenue in the future. Budrul Chukrout | Sopa Pictures | Light flare | Getty Images Tencent said advertising …

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