Latest: Asia Stock Market News
Among the critics of the viral technology were Geoffrey Hinton and Yoshua Bengio – two of the three so-called "godfathers of AI”
Musk is expected to meet several senior Chinese officials and visit Tesla's Shanghai plant later in the week
Disappointing factory data out of China are another blow to the recovery hopes of the world’s manufacturing hub, dampening the mood on trading floors
The manufacturing purchasing managers' index fell to a five-month low of 48.8, the Statistics Bureau said on Wednesday, while service sector activity was the slowest in four months
A heavy influx of immigrants and a trend among young professionals to move out of multi-generational family homes were key drivers behind Singapore's sharp rise in rents and home prices
The trip is Musk's first to China since he made headlines in early 2020 by dancing on stage at Tesla's Shanghai gigafactory
Investor mood was lifted as Tokyo looks to spark an AI chips boom but pessimism over China’s post-Covid recovery weighed
Investors in China have been opting for safer assets as the country's post-Covid recovery struggles to gain momentum, amid weak sentiment at home and geopolitical tensions
The Treasury department is looking to scrap an audit contract with PwC this year after the accounting giant was found to have used confidential tax plans to reap further profits.
The Nasdaq Golden Dragon China Index of New York-listed mainland companies, consisting mainly of internet giants such as Alibaba Group, Baidu.com and JD.com, lost 5.6% this month
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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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