Finance Minister Nirmala Sitharaman wants more 'big banks' and says efforts are underway to consolidate some of the country's 12 state-owned banks

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

Chinese regulators have banned the use of foreign chips in data centres supported by state funds, saying they must only use locally-made computer chips, sources say.

The Nikkei plunged by almost 7% from the record high reached on Tuesday, while South Korean shares dropped by 6.2%. Both markets clawed back some losses in afternoon trading.

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.

US President's comments suggest he may impose tighter restrictions on cutting-edge American AI chips than US officials previously indicated

Samsung's earnings have recovered and it's now in 'close discussion' with Nvidia on HBM4 – the next-generation of high-bandwidth memory chips

Tariff deal nearly finalized, Trump says, with $350bn worth of investment in US to be split into bundles, plus extensive help to reinvigorate US shipbuilding

Nvidia is set to become the first company with a market cap of $5 trillion after its shares jumped in pre-market trading on Wednesday following the announcement of two new deals

Two Asian markets hit record levels on Monday, while Chinese stocks roseto their highest in over a decade amid optimism of a US-China trade deal

The news spotlight will focus on Malaysia this weekend, for the latest tariff talks, another episode of 'Trump the Peacemaker' and key issues for Southeast Asian nations and global heavyweights