Trump is expected to announce the takeover of TikTok in the US this week, with confirmation that the app's algorithm is "secured, retrained and operated in the US"
The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers
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
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...
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%...
Officials close to the negotiations between the once close trading partners say that while Washington went for ‘headline grabbing’, New Delhi’s overconfidence tanked a deal that was nearly inked...
Nvidia will mentor India's emerging deep-tech startups and also participate in research projects and policy dialogue in the country...
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, not a single one managed to reach a final investment decision this year...
World's top carmaker plans to lift its share of India's passenger car market to 10% by 2030 and will launch over a dozen new models to help achieve that, sources say...
Trump also lavished praise on Japan’s newly-elected PM Sanae Takaichi, the country’s first female leader who, in return, promised to nominate the US President for the Nobel Peace Prize...