Latest News: AF Indexes
Raimondo’s views come at a time when Huawei's revelation of a new AI-enabled laptop, powered by Intel's new Core Ultra 9 chip, has angered China hardliners in the US
Officials from some of the world's biggest cities are in Washington to lobby for better access to capital, to help them manage global warming and extreme weather
Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a big lift in second-quarter sales
China says its fully homegrown brain-computer interface was tested on a monkey, allowing it to control a robotic arm with only its thoughts...
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ASML Will Not Service Some China Equipment, Outgoing CEO Hints25 Apr 2024
Washington has been lobbying the Dutch to prevent ASML from servicing some of the billions of euros worth of tools it has already sold to Chinese customers...
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PwC Probed For ‘Enabling Evergrande Misconduct For Years’23 Apr 2024
PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the developer listed in Hong Kong...
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Nikkei Meltdown After Fed Puts Dampener on Rate Cut Hopes05 Apr 2024
The Nikkei index in Tokyo saw a second straight weekly loss, down 3.4% over the past five sessions, as it pulled back from an all-time high of 41,087.75...
It's taken Huawei just four years to become a force in smart car technology even as US sanctions since 2019 hammered its businesses...
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Local EVs Dominate as China’s Largest Auto Show Opens25 Apr 2024
Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China....
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Tesla Profit Plunges, But Stock Jumps on Vow of ‘Affordable’ Cars24 Apr 2024
Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids ...
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Shares of China EV Firms Slump as Tesla Sparks Fresh Price War22 Apr 2024
Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply...
Bytedance would rather shut the app if it runs out of options to fight a forced sale of TikTok's US operations, group sources say, claiming its algorithm is too valuable...
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TikTok Vows ‘We Will Fight’ After Biden Signs Sale Order25 Apr 2024
After Biden's swift presidential endorsement, attention is now turning to whether TikTok can win a legal fight against the divestment order...
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TikTok Plans Legal Battle as US Senate Passes Divest-or-Ban Bill24 Apr 2024
Experts say that if a sale of TikTok does go through, it would be one of the most complicated and expensive transactions in history, requiring months if not years of due diligence...
Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements...
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Excess Capacity Claim is Wrong, We’re More Competitive: China11 Apr 2024
China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines...
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China Firms Order Dozens of Ships For EV, Exports Surge10 Apr 2024
Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable...
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