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Sukbae Lee, one of the scientists that the alleged superconductor LK-99 is named after, said the claims were in the process of being peer-reviewed
Analysts say the price tag on VinFast's planned merger is not realistic given that the EV-maker continues to burn cash and is in very early stages of its US business
The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world
The unprecedented oversupply of commodity chips has lingered since last year, and added to woes of an industry that was battling a Covid-induced shortage until the first half of 2022
China has repeatedly denied sending military equipment to Russia since Moscow's all-out invasion of Ukraine in February 2022
The Bank of Japan surprised investors with a small but significant shift away from years of ultra-loose monetary policy
Frugality is becoming endemic in China as financial insecurity forces the country's white collar workforce to spend less and save more
Three scientists say they were able to produce a superconductor, dubbed LK-99, via a modified form of lead apatite, that 'conducts power at any temperature below 127C without pressure chambers', but experts are sceptical
Together, the unusual coalition of competitors, aims to roll out 30,000 chargers in North America, which would be significantly higher than Tesla's fast-chargers
The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a decade old
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
AF China Bond
China Stock Markets
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SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
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Markets: The Big Picture
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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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’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.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS 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
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MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
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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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