Shares of local and Asian chipmakers rose after China's cyberspace regulator said that Micron, the biggest US memory chipmaker, had failed its network security review

G7 states want to limit 'risk exposure' to China but would still invest in supply supply chains there, German Chancellor Olaf Scholz said on Sunday; Quad leaders also met in Hiroshima

The G7 joint statement is not hostile and nothing in it should come as a surprise to China, given the concerns of G7 members are "well known" to Beijing, a US official said

Indians have been asked to deposit or exchange their 2000-rupee notes by Sept 30, 2023; the move comes ahead of state and general elections in the country when cash usage spikes

Wang Wentao is expected to meet his counterpart Gina Raimondo before travelling to Detroit for a meeting of APEC trade ministers and talks with US Trade Rep Katherine Tai

The development comes at a time when the US is increasingly urging its allies to work together to counter China's chips and advanced technology development

Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders

Amazon Web Services said the investment will be used to build its cloud infrastructure in India and will support over 100,000 full-time jobs annually

OpenAI chief executive Samuel Altman urges Congress to draw up rules and guidelines, saying he fears that artificial intelligence could cause significant harm to society and the world

Futu Holdings and UP Fintech Holding will remove their apps in mainland China this week amid Beijing's intense focus on data security and limiting capital outflows.

Data on industrial output and retail sales in April was well under forecasts, while youth unemployment hit a record 20.4%, suggesting China needs to do more to bolster its recovery

The investment in factories that will make AirPods for Apple is expected to create many thousands of jobs in southern Telegana state