As investor anger and concern spreads through China's $2.9-trillion trust industry, the popular belief that the government would “step in to resolve any financial instability” is starting to fade

CEO He Xiaopeng said the carmaker would hire 4,000 new workers and invest $486m in AI, as China faces a year seen as the first of a “knockout round” for Chinese auto brands

Improving net interest margins are seen as giving authorities some space to use monetary stimulus to bolster the economy's flat growth

The deal comes at a time when OpenAI chief Sam Altman is seeking between $5-7 trillion for an AI chip venture in a bid to bolster global chipmaking capacity

While the tourism boom will offer some relief to Chinese policymakers, the sustainability of the boost remains uncertain as the country's faces deflationary risks and slowing demand

The launch marks a second straight win for the Japan Aerospace Exploration Agency after its lunar lander, SLIM, achieved a "pinpoint" touchdown last month

PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that position in January last year

US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than 95% in just the last seven trading sessions alone

The Nikkei 225 was up 0.92% at the close in Tokyo on Friday, while the Hang Seng in Hong Kong jumped by 2.4%, and stocks in Australia and India were also boosted

"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different planets and three different galaxies and you know four more Suns to fuel all this."

Small exporters in India, many of whom work on small margins, have warned that job losses could soar if attacks in the Red Sea drag on for months this year

Leaders of Pacific Island nations allied with the US have become anxious about the US budget impasse that has delayed approval of vital new funding packages