The ride-hailing outfit’s three-month surplus was its first since 2021 when it was the target of China’s cyberspace regulator

Elon Musk has reportedly demanded the concession in return for building a new production plant in a car market dominated by low-cost vehicles

Asia’s major indexes largely advanced but China’s stuttering recovery and this week’s Xi-Biden meet saw many traders staying on the sidelines

US Federal Reserve chairman Jerome Powell admitted he wasn’t confident enough had been done yet to control inflation

Chinese customers are reportedly stockpiling chipmaking kit made by Dutch firm ASML before new restrictions come into force in 2024

Tokyo has been offering significant subsidies to domestic and foreign chipmakers to rebuild its semiconductor industry

The technology investment group is now pinning its hopes on chip designer Arm to turn its fortunes around after ‘hitting the bottom’

The International Monetary Fund cautioned continued weakness in the real estate sector and cooling consumer demand could hold back GDP

China’s real estate giants’ struggles to find a solution to their debt issues continue to cast a shadow over the world No2 economy’s recovery prospects

The world's most polluted city has also imposed curbs on vehicle use from next week, and has appealed to neighbouring states to halt crop burning

The two automaker groups joined the startup’s latest $33 million funding round as it works to develop permanent magnets built without rare earths

Petrostates and oil, gas and coal companies still intend to keep on making trillions of dollars a year by increasing production