Worry about AI hallucinations reached their peak in May this year after Google rolled-out its much-anticipated chatbot Gemini — which soon gained notoriety for ridiculous outputs

Authorities in China approved 7.1m tons of new steelmaking capacity in the first half, but it was all cleaner scrap-based electric arc furnace projects, researchers say. Meanwhile, the US has imposed tariffs on Chinese steel imported via Mexico

TSMC, which is the world's largest contract chipmaker, has been one of the top beneficiaries of soaring demand for AI-capable chips

Carbon removal — which researchers say is essential to achieve net negative CO2 emissions — is yet to gain ground in India as officials remain focused on carbon capture and storage

The tendency of AI machines to invent facts, sources and details may prove a serious problem and cause it to have few viable outcomes, one analyst has warned

Six-month inquiry by a Chinese industry group will assess if Chinese firms lost business in Europe due to invesigations carried out by Brussels

Concern has risen that foreign auditors have not been doing enough to uncover illegal corporate activity, based on a huge scandal at China Evergrande, which was found to have inflated its revenue by vast sum

Consumer prices rose in June for a fifth month but was below expectations, while producer prices were undermined by deflation and weak demand

India plans to begin work on dams in the northeastern Himalayan state Arunachal Pradesh, amid reports Beijing may also construct dams on the Brahmaputra river

Miner considering JV and a copper smelting base in China, as many western consumers will no longer buy metal of Russian origin since Moscow invaded Ukraine

Exports were up by 23.5% from a year earlier to $39.9 billion – its eighth consecutive monthly rise, the finance ministry said on Tuesday

Some 14.64 million foreigners arrived in the first half of 2024, which was a 152% rise over last year, thanks to a jump in visa-free arrivals