Microsoft Corp. ( MSFT ) and Nvidia Corp. ( NVDA ) are significantly expanding their supercomputing partnership, with both the company’s CEOs highlighting a “40x speed-up” in Azure-powered artificial intelligence infrastructure during Microsoft’s Build 2025. What Happened: Microsoft ( MSFT ) CEO Satya Nadella and Nvidia ( NVDA ) CEO Jensen Huang revealed that their collaborative AI supercomputing efforts have...

SINGAPORE (Reuters) -Asian stocks rose on Tuesday while U.S. Treasury yields steadied, allowing a bit of a breathing room for the U.S. dollar as investors took stock of the debt load of the world's biggest economy and awaited trade deals. The Australian dollar slipped 0.5% to $0.64255 after the Reserve Bank of Australia lowered interest rates as expected, citing a...

TOKYO (Reuters) -Honda Motor ( HMC ) said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new models. CEO Toshihiro Mibe told a press conference the automaker has lowered its planned investment in electrification and software through the 2030 business year to...

* Investors shrug off Moody's US credit downgrade * Dollar drifts as selloff in Treasuries ease * RBA cuts rates as expected, Aussie down 0.5% * CATL debuts in Hong Kong in world's biggest listing this year (Updates to Asia afternoon) By Ankur Banerjee and Johann M Cherian SINGAPORE, May 20 (Reuters) - Asian stocks rose on Tuesday while U.S....