State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms
Australian PM meets Chinese Premier at ASEAN summit, says trade has stabilized. Keen for more progress, he will visit Beijing later this year to mark the 50th anniversary of bilateral ties
Hints of stubborn price pressures in the US put Investors in a dark mood, dashing hopes of an end to central bank tightening soon
Among major backers of the chip designer is smartphone giant Xiaomi, which won approval last month from China's state planner to manufacture electric vehicles
Real estate giants China Evergrande and Sunac China saw their stocks soar with investors reacting positively to more promises of state support
Analysts expect more debate in the US on the effectiveness of chip curbs and the possibility of Congress including harsher sanctions in a competition bill it is preparing against China
Opposition MPs are calling for an inquiry into a disputed weapons shipment from China in March last year, amid concerns of increased militarization of the island chain
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
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.