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The car will cost at least 20% less to produce than the refreshed Model Y launched last year, sources said. Production will begin next year.
Singapore prosecutors say local firms have been accused of fraudulently supplying $390m worth of US servers to Malaysia, amid reports it involves Nvidia chips sent to China
TSMC proposed setting up a firm with design giants like Nvidia to run Intel's chip fabs, but the US firm's new CEO has told employees he wouldn't split the group up
Korea offers quick delivery of submarines, tanks, missile systems, jets and howitzers, as tensions rise between Canada and the US, amid concerns over US weapons – and its president
The EU hits back, saying it will impose counter-tariffs on $28 billion worth of US goods from next month; China and US allies in the Asia-Pacific also not happy
Musk's admission that he could oversee US government cost-cutting for another year, despite 'great difficulty' also heading Tesla, spurred a 15% fall in its share price on Monday
Potential buyers reportedly include Amazon, Oracle and Microsoft, the YouTube star MrBeast and Frank McCourt
Top Japanese carmaker wants to regain market share in the world's largest auto market. With features similar to local rivals and priced at $15,000, it could do that
US President is drafting an executive order that will set up a Maritime Security Trust Fund as a funding source and create shipbuilding incentives through tax credits, grants and loans
Southeast Asian nations seen being caught in US dragnet, while tariff exemptions for carmakers have put the spotlight on Trump's use of exemptions, which critics liken to 'crony capitalism'
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe 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.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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