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'

Trade officials confirm TikTok agreement after Trump reveals deal on a 'certain' company that would make young people in America 'very happy.'

Beijing has drawn up new rules to target tax evasion among small refiners, plus the EC is threatening to impose sanctions on Chinese refineries that take Russian oil

The move – seen as a bid to placate the US and protect jobs – will increase tariffs on $52 billion worth of imports in sectors such as textiles, steel and automotive

Toyota Motor plans to start making two battery-powered sport utility vehicles at its US factory in Kentucky, a person with knowledge of the plan has revealed