Latest: Asia Stock Market News
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
China's motive for developing the port was access to Brazil, as a $3.5 billion rail link is planned to carry exports like soybeans and iron ore to the port
Every business headed by Musk, including Tesla, SpaceX, Neuralink, social media platform X and artificial intelligence startup xAI has intersections with the federal US government
Vaulted Deep has raised $32 million of venture capital funds to expand its operations that use oil industry technology to flush carbon-containing waste down wells
Chips are among the products the US needs the most, Taiwan's central bank chief noted, adding, 'they design them and we make them'
The industry, which spent $119m backing Trump and other candidates, is eager for crypto-friendly regulators to pave the way for greater adoption of digital assets
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
A Trump aide said the president-elect 'appreciates the breadth and reach of TikTok' and that there were 'many ways to hold China to account'
The bulk of this year’s emissions are from burning coal, oil and gas and scientists say they don't see a sign of fossil fuel emissions peaking yet
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
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SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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