North Asia

TSMC Posts 9% Profit Rise Amid ‘Insatiable’ AI Chip Demand

Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a…

2 days ago

Oracle to Spend $8 Billion in Japan on Cloud Services, AI

US tech giant plans to spend $8 billion over the next decade to grow Oracle Cloud Infrastructure, its cloud computing…

2 days ago

Japan, Korea, US Agree Forex Cooperation As Yen, Won Dive

Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency to 34-year lows

2 days ago

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

3 days ago

China Providing 90% of Chips Used in Russia, Despite Sanctions

A new report, by chip expert Chris Miller, said shipments from China accounted for 88% of the chips Russia acquired,…

4 days ago

Global Coal Capacity Growth Blamed on China, EU, US – FT

New coal power was brought online in China – and Indonesia, India, Vietnam and Japan – while there was a…

1 week ago

South Korea Backs AI, Chip Sectors With $7 Billion Pledge

Seoul is desperate to retain its world-leading role in semiconductors as AI takes chip development on to the next level

1 week ago

Fears Rising on Impacts From Unrestrained AI Projects

Companies in Japan have called for a law to stop unrestrained use of AI, saying they fear democracy and social…

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