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

The tech giant’s shares are up more than 70% so far this year after jumping nearly 90% over the past 12 months

Experts say that while it may be a 'hard pill for them to swallow', Chinese leaders are shifting their approach to the domestic tech industry

Rumours of TSMC potential tie-up with Intel sparked concern in Taiwan about losing its 'silicon shield' while White House said it was 'unlikely' to hand over American chip facilities to foreigners

The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US

Insiders say the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies

Up until the launch of DeepSeek last month, Ernie Bot was widely seen as the closest Chinese rival to ChatGPT

Apple chose Alibaba partly due to the e-commerce giant’s vast troves of personal data on users' shopping and payment habits, which could help train AI models

Experts say China's 'breakthrough' AI app collects excessive amounts of user information, and stores it using outdated security protocols in servers accessible to Beijing

The meme coin — $Trump — was launched with an opening sale price of just 18 cents and went on to hit a peak of $75 per token within two days