Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry

The president-elect has said he will nominate Wall Street CEO Howard Lutnick to lead his trade and tariff strategy. Lutnick is a big proponent of tariffs, especially aimed at China

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

Asia is "witnessing a period of important transition", creating uncertainty and "acute risk" from escalating trade tensions, a top IMF official said

The breakthrough will remain overshadowed by the return to power of Donald Trump, who believes climate change is a hoax and aims to pull the United States out of the Paris climate agreement

The tax credit rules were aimed at lowering the US’ reliance on China's supply chains and could hurt America's hope of becoming a 'global leader' in electric vehicles, critics say

Tata will hold 60% of the Indian JV and run daily operations, while Pegatron will hold the rest and provide technical support, sources say

President Xi said he would work with Trump team as he held final talks with Biden on conflicts, AI, cyber crime, trade, Taiwan, the South China Sea and Russia

Experts say while it not yet known how the US president-elect will approach global carbon markets, his policy decisions could bring uncertainty in the near-term – but the future is full of hope

Commerce Dept finalises subsidy for its plant in Arizona; deals with Samsung, Intel and Micron to follow before Trump returns to White House

Musk said previously that killing the subsidy may slightly hurt Tesla sales, but would devastate its US EV rivals. However a major auto trade group wants the credits retained

Fears that Trump's policies will erode the appeal of emerging market assets have hit the Singapore dollar, the Korean won, Malaysian ringgit and Thai baht