Asian markets surge, with Hang Seng climbing 2% and the Nikkei rising by 0.9%, while investors wait for Fed chief's speech at Jackson Hole on Friday

The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West

US President wants to visit to Hanoi in mid-September to sign a strategic partnership pact with Vietnam to bolster economic and security ties, sources say

Beijing "resolutely opposes" the US restrictions, after the Biden administration explains the 'narrow subsets' of its move and likely outcomes for various sectors in 2024, when the new rules will start

Chinese tech giants Baidu, Tencent, Alibaba and Bytedance have placed orders worth $5 billion with Nvidia for its top AI chips and GPUs, but it is unclear if these items will be affected by the latest White House order

The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say

A return to profit could ease pressure on SoftBank founder and CEO Masayoshi Son, who revealed in June plans to shift to "offence mode" amid excitement over advances in AI

Two sources said briefings were expected on Monday, with the announcement on Tuesday, while a former official said the US should be prepared for retaliation by Beijing

SMEE, China’s only potential competitor to the Netherlands' world-leading lithography machine maker ASML, is expected to deliver the country's first 28nm lithography machine

The unprecedented oversupply of commodity chips has lingered since last year, and added to woes of an industry that was battling a Covid-induced shortage until the first half of 2022

Samsung Electronics say a demand recovery is mostly in high-end AI chips and not enough to force a turnaround on planned cuts after a $7bn half-year loss

Passed by an overwhelming majority in the senate, the bill will need the backing of the US House of Representatives and President Joe Biden before it can become law