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BYD Leads China EV Charge Despite Sluggish Sector Growth

Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth…

2 weeks ago

Singapore Tightens Money Laundering Rules After $2.2bn Scandal

The biggest money-laundering case found in Singapore has led to officials tightening oversight, but small terms given to 2 men…

2 weeks ago

Top US Republican Senator Backs Forced Sale of TikTok

Republican leader in the Senate backs push for China's Bytedance to divest TikTok, which he said was a threat to…

2 weeks ago

TSMC Wins Billions in US Aid After Deal on 3rd New Arizona Fab

Washington will award TSMC's US unit a $6.6bn subsidy and up to $5bn in low-cost loans, after it agreed to…

2 weeks ago

US Won’t Allow Chinese Imports to Kill New Industries: Yellen

US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if…

2 weeks ago

China Central Bank Announces $70 Billion Loans For Tech Sector

Chinese policymakers have doubled down on Xi Jinping's new mantra of unleashing "new productive forces” and stepped up investment in cutting-edge…

2 weeks ago

US-China Need ‘Tough’ Conversations, Yellen Tells Li Qiang

The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her…

2 weeks ago

Dutch May Give in to US Push Against Servicing China Chip Tools

From China's strategic alliance with Russia to chip equipment giant ASML's plans to move operations abroad — the Mark Rutte…

2 weeks ago

Musk Cancels Low-Cost EV Plans Amid Tough China Competition

The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000

2 weeks ago

Nikkei Meltdown After Fed Puts Dampener on Rate Cut Hopes

The Nikkei index in Tokyo saw a second straight weekly loss, down 3.4% over the past five sessions, as it…

2 weeks ago

Yellen Warns China on ‘Excess Production, Unfair Trade’

China's factory production is more than the global market can bear, Yellen said in meetings on Friday at the start…

2 weeks ago

Huawei Faces Trial in US for Iran Dealings, Trade Secrets

Chinese tech giant faces a criminal trial in the US after talks failed to settle a years-long dispute over misleading…

2 weeks ago