The world’s largest manufacturer of electronic parts has recently ramped up efforts to diversify production outside of China

"I hope we are going to get to the bottom of this, but I make no apologies for taking down that balloon," the US president said

Virtually all markets across Asia followed US markets down on Friday, with the strong expectation that the US central bank will hike rates further in the months ahead

The China business is the exclusive distributor of Arm chip technology in China and develops and sells its own chip designs based on Arm

Berkshire's investors are still trying to figure out why Buffett decided to sell most of its stake in the chipmaker

Stocks were up in most markets in Asia, as well as other regions on Thursday buoyed by positive economic data from US and around the world.

China previously sanctioned the two firms in February last year over a $100-million arms sale to the island

Despite the record growth outlook, the country is likely to face several challenges in costs and trade of its solar-power equipment

Equities fell in most Asian markets and currencies were hit Wednesday, after the dollar firmed on sticky US inflation data, which cemented fears of more rate hikes by the Fed

Food prices are high and low income households can't avoid paying for that, so we're going to see higher poverty rates as well, Moody Analytics senior economist Katrina Ell said

EV maker will open 3,500 new and existing superchargers on highways, and 4,000 slower chargers at places like hotels and restaurants, to non-Tesla customers by the end of 2024 in federal deal

It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company's stock