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The plan comes at a time when Elon Musk-led SpaceX expects to use funds from its planned $25 billion blockbuster IPO this year to develop orbital AI data centres
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Daily roundup of the best New Economy stories from other media
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Canada will allow up to 49,000 vehicles to be imported annually from China with a tariff of 6.1%. PM Mark Carney said the quota could rise to 70,000 vehicles within 5 years
The Bank of Thailand looks set to limit online gold trading to cut impacts on the baht, now at levels hurting tourism and exports; scam centre cash could also hit Feb 8 poll outcome
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The AF Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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