Hedge funds rotated their positions to developed Asia markets, including Hong Kong, Singapore and Japan

Dismissing claims of a 'dangerous breakthrough' at OpenAI, Microsoft President Brad Smith said a breakthrough in super-intelligent AI was not likely this year

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand

A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival

“Passive investment will likely outpace active investment in China over the next three to five years at least,” one investment manager said

Huawei has said the new unit will engage in R&D, production, sales and service of intelligent automotive systems and component solutions

The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping its plan to spin-off its cloud business

The startup makes chips that can use ambient sources of electricity such as light or vibrations as a power source — potentially removing the need for batteries in simple devices

The spike in infections poses fresh risks for the Chinese economy which is still struggling to emerge from the economic hit from two-years of of Covid-related lockdowns and restrictions

Buffett's exit comes after a string of selldowns for Paytm, including stake cuts by Japanese conglomerate SoftBank Group and the exit of China's Alibaba Group

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

The crisis at Zhongzhi threatens to reignite concerns that China's property debt crisis is spilling over into the country’s broader financial sector