The move aims to counter China's growing domination of the global shipbuilding and logistics – and encourage US shipyards to build more vessels.

TSMC and other chipmakers are watching Trump Administration moves closely amid reports the agency dispersing chip subsidies is set to be gutted by job cuts; Beijing says Taiwan is giving TSMC to the US like a 'souvenir'

Auto body fears 25% tariffs on auto imports from Japan, Mexico and Canada will harm the economies of all countries if the Trump Administration goes ahead

Some 4,000 roles are expected to be cut over the next three years as AI takes on more work done by humans, a report by the BBC said, citing a bank spokesperson

Tencent, Alibaba and ByteDance have "significantly increased" orders of a Nvidia chip after AI startup's success, and speculation on tougher export curbs; Beijing says plan for tougher curbs will backfire

Online fashion retailer's profit plunged by $1 billion in 2024, a new report says, and worse is to come after Trump closed a tax loophole it used to send items to the US

Nvidia's results this week will put a spotlight on demand for its chips after low-cost AI models from China's DeepSeek raised doubts on the need for big outlays on pricey chips

Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US

Catering outlets, restaurants and cafes have been hammered by China's intensifying economic slowdown over the past year, according to recent industry reports.

Nissan did not want to be a Honda subsidiary, according to sources reported by Nikkei; its board is now reportedly reconsidering it's options

Huawei to make DeepSeek model available on Ascend, while Alibaba, Baidu and Tencent's cloud arms also say they've made its models accessible via their services

US Postal Service has stopped receiving parcels from China and Hong Kong while it rejigs operations after President Trump closed the de minimis loophole