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

Trade officials from the US and China will meet in Kuala Lumpur this weekend to try to reach a trade deal that allows their leaders to meet in Seoul next week.

Most governments, and oil and gas companies, are not acknowledging alerts from the global satellite system warning them about methane leaks, the UN says

There are 17 rare earths that are vital materials in products ranging from electric vehicles to aircraft engines and military radars and exports of 12 of them are now restricted

Google sees significant investment potential in India, the world's most populous nation where nearly a billion users access the internet

"We believe the US and China could both be strengthening their leverage in trade talks, ahead of a potential summit between the two presidents," Citi analysts said