The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing

Despite the Biden Administration’s push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week

Nearly $160 billion poured into money market funds in the week to January 8, according to LSEG Lipper data

A rise in the value of the dollar has hit the Southeast Asian currency and caused an 18% spike in the trade deficit over the first 11 months of 2024

China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs

Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US

A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year

Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'

Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally

Brazilian authorities probing BYD’s labour practices in the country say the carmaker brought hundreds of Chinese workers on irregular visas to build the factory

Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis

Meta imposes changes for the US market, but will continue its fact-checking programme in places like the European Union that take a more active approach to regulation of tech companies