Unisoc wants to tap increased local investor interest in China's domestic chip industry, as it gears up to be more self-sufficient in the face of US pressure, sources said.

The Philippine Coast Guard said the Chinese ship fired a green laser twice toward the bridge of the Malapascua, temporarily blinding her crew, before approaching to 140 metres from them

The Nikkei and the Topix in Japan finished lower on Monday, while stocks in China rose marginally, but fell in other areas. The dollar extended gains before US CPI and retail data

New bank loans in China rose to a record high of 4.9 trillion yuan in January, but analysts say demand is still weak and the country's recovery is likely to be bumpy

The claim comes amid state media reports that Chinese authorities were ‘preparing’ to shoot down an unidentified flying object near a major port city

A fourth object flying at high altitude was taken down over Lake Huron in the US on Sunday, intensifying tensions between Washington and China. Taiwan says it has seen many spy balloons

Nissan and Renault will invest $600m to turn Chennai into an export hub for new models, while Zeekr has now passed the current value of Xpeng, after raising $750m from existing investors

Chinese tech giant's sell-out comes days after Paytm posted its first-ever quarterly operating profit. Meanwhile, Morgan Stanley Asia bought 5 million Paytm shares in trading on Friday

China’s banks have been given till 2025 to rate their financial assets; listing bond investments, interbank lending and off-balance-sheet assets into five categories ranging from 'normal' to 'loss'.

The US government plans to bar investment in some Chinese tech companies, to stop American money pouring into sensitive sectors such as chips for artificial intelligence

Another unidentified object flying high over Canada was shot down on Saturday, following a similar strike on Friday. The US has also blacklisted six firms linked to China's 'spy balloons' programme

SMIC said it predicts revenue for the year ahead to "decline by low-teens percentage year-over-year” marking a break from previous continual growth