Biden says he will meet with Speaker Kevin McCarthy to discuss an extension to the debt limit, which the US reached on Thursday. Failure to get a deal could spark a global crisis, Yellen says

A storm has erupted in Virginia after the governor suggested a $3.5bn battery factory for EVs proposed by Ford and China's CATL would be a front for the Chinese Communist Party

The tough stand by Japan's central bank to retain ultra-low rates appears to have cooled a hot market full of speculators who bet the Bank of Japan would drop its rates and bond yield policy

The US and British banks are latest foreign banks allowed to boost operations in China, following approvals given recently to Schroders, Manulife and Neuberger Berman

The Vietnamese EV-maker hopes to compete with existing automakers in the US by offering two models, the VF8 and VF9, with starting prices of $59,000 and $83,000

India gives green light for 14 Chinese manufacturers to form JVs with Indian firms to set up facilities that supply parts to Apple, to boost iPhone and electronics production

Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk, a senior engineer said

Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen will talk on key issues like global economy, sovereign debt issues and climate change in their first in-person meeting

Microchips will dominate global politics for decades and assume a geopolitical importance similar to the discovery of major oil reserves, Intel CEO Gelsinger claims

Macau has been a Special Administrative Region of China since 1999 when its Portuguese administration returned it to Chinese sovereignty

The Japanese yen fell on Wednesday after the Bank of Japan voted to keep its ultra-low interest rates and bond yield cap

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors