Market Insights

Mayors of Big Global Cities Calling for Urban Climate Finance

Officials from some of the world's biggest cities are in Washington to lobby for better access to capital, to help…

9 hours ago

Trade War Heating Up: China Hits Back After Biden Boosts Tariffs

China announces "anti-dumping penalties" on imports of a US chemical and orders Apple to cut WhatsApp and other messaging apps.…

12 hours ago

China Orders Apple to Cut WhatsApp, Threads from App Store

US tech giant said Beijing ordered it to cut the messaging apps because of national security concerns; Telegram and Signal…

16 hours ago

Study Shows Half of China’s Big Cities Sinking, Rising Seas Risk

Multi-year satellite study finds 45% of big Chinese cities are subsiding over 3mm a year, with 16% sinking more than…

17 hours ago

Huawei’s New Pura 70 Phone Arrives Amid Interest in Chips

Fans lined up at Huawei stores in big Chinese cities on Thursday to buy the new P70 phones, which analysts…

2 days ago

TSMC Posts 9% Profit Rise Amid ‘Insatiable’ AI Chip Demand

Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a…

2 days ago

Oracle to Spend $8 Billion in Japan on Cloud Services, AI

US tech giant plans to spend $8 billion over the next decade to grow Oracle Cloud Infrastructure, its cloud computing…

2 days ago

Biden to Propose Tripling Tariffs on Metal Products From China

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China…

3 days ago

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

3 days ago

IMF Tips 3.2% Global Growth, Warns China on Property Crisis

IMF chief economist says China’s economy is strained by its property crisis and warns that domestic demand will stay weak…

3 days ago

Baidu Says AI Chatbot ‘Ernie’ Has 200m Users A Day

'Ernie Bot' is China’s most popular chatbot. Baidu earned several hundred million yuan using AI in the fourth quarter of…

4 days ago

China Sees Surprising GDP Growth, But Weak Demand in March

China saw 5.3% growth in the first quarter, well over analysts' expectations, but data on retail sales, industrial output and…

4 days ago