US commerce secretary Howard Lutnick says the US needs Taiwan to shift more of its chip supply chain to America, so the US can 'shield' the island
The Trump administration is considering a 25% tariff for chip-related content in imported devices, with 15% rates for electronics from Japan and the EU, sources say.
Companies across Asia and other regions making medical drugs, trucks and furniture were assessing the impact of new tariffs announced by President Trump on Thursday
Four more nations are seeking to join the Regional Comprehensive Economic Partnership next month, officials in Southeast Asia said on Thursday
Taiwan appeared to suffer the worst of the most powerful cyclone this year, which was still battering cities in southern China late on Wednesday night.
Investors snap up Alibaba shares amid enthusiasm about its AI and data centre plans, as well as the 'return' of its legendary founder
Forecasters have warned of gale-force winds, a huge sea surge and a damage bill similar to typhoons in recent years that caused billions of dollars in damage.
Lee said they cannot afford to invest $350 billion without a safety mechanism to cut risk, such as only supporting commercially feasible projects
The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers
China and the US 'have larger agendas to work out,' Nvidia chief says after China's cyberspace regulator bans local firms from buying its AI chips
Chinese shareholders' stake will be cut to below 20%, while Andreessen, Silver Lake and Oracle look set to be key players in the new firm running TikTok in the US
The US is anxious to boost Western control of ports around the world, as China's huge expansion in shipping and ports is seen as a dangerous 'maritime advantage'