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On May 12, the State Administration for Market Regulation issued an announcement approving Tencent Holdings Limiteds acquisition of a stake in Himalaya FM, subject to restrictive conditions. Himalaya FM responded that the antitrust approval process had been completed and declined to comment further.
Qatari Foreign Minister: Qatar and Türkiye support Pakistans mediation efforts.
Qatari Foreign Minister: We will continue to coordinate with our Gulf partners to restore stability.
Haina International: Raises target price for Nvidia (NVDA.O) from $250 to $275.
Market news: The Kuwaiti Ministry of the Interior said that four infiltrators with ties to the Iranian Revolutionary Guard were arrested after attempting to enter Kuwait by sea.