Passed by an overwhelming majority in the senate, the bill will need the backing of the US House of Representatives and President Joe Biden before it can become law
The world's largest contract chipmaker said last week it was unable to fulfil customer demand driven by the surge in AI services
Chinese manufacturers are selling vast quantities of "non-lethal, but militarily useful equipment to Russia", such as drones, body armour and helmets, customs data shows
Officials in Tokyo fear retaliation from China over its move to restrict sales of advanced microchips, so coordination of moves is still being discussed with Washington
Treasury Secretary Janet Yellen and the State Bank of Vietnam Governor announced the agreements in a statement as Yellen wrapped up a visit to Hanoi, amid a push to boost bilateral ties
Over a dozen state agencies said regions would be urged to increase annual car purchase quotas and efforts made to support sales of second-hand vehicles
The world's largest contract chipmaker, which saw Q2 revenue down 13.7% on last year, says the global economic recovery has been weaker than expected
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade