Legendary investor Michael Burry has bet big that the AI 'bubble' is set to burst, a new report says
The energy subsidies are part of China’s larger push to subsidise its AI and semiconductor industries. Its outlay for AI alone is expected to reach $98 billion this year.
Of the 53 clean-industry projects the country has in development, only two managed to reach a final investment decision this year
The US is racing to establish a rare earth supply chain separate from China following Beijing’s increasingly aggressive moves to restrict its exports of rare earths to the country...
The EU has emerged as a key market for Chinese firms due to increasing competition and deflationary pressures at home and tough policies that deter their expansion in the US...
The trade war between US and China is now ensnaring ocean shipping firms that move everything from holiday toys to crude oil...
'We're going to have a lot of magnets in a pretty short period of time. In fact, we'll have so many we won't know what to do with them,' the US President said...
China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries...
Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China...
Carmakers and dealers are struggling to make money in the world’s biggest auto market and oversupply, along with fierce competition, has left scores of firms on the brink of collapse...
China's blue-chip index fell the most in nearly five months with Shanghai stocks down more than 1.3% and the Hang Seng also sinking over 1%...
Samsung's announcement coincides with Seoul’s commitment to invest $350 billion in the US which has led to concerns that Korea could end up playing second-fiddle in manufacturing...
Japan suffers its first contraction in six quarters, caused by a slump in car shipments to the US because of the Trump Administration's tariffs...
Lee's security adviser said the countries discussed nuclear-powered submarines on the "premise" the vessels would be built in South Korea...
Experts say the shortage triggered by surging demand is exactly what is needed to further drive up investment in the nascent market...
BYD has been building factories for local assembly in countries such as Hungary and Brazil and it plans a third plant for Europe, with Spain the top candidate....
Germany's coalition government plans to re-examine its China policies in regard to energy, raw material imports and Chinese investment in critical German infrastructure...