The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island

"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said

China hawks in Washington blame US investors for transferring capital and valuable know-how to Chinese tech companies that could help advance Beijing's military

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

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

Government sources said the import tax may be halved, and GST cut, because local producers cannot meet the rising demand for renewable energy

Officials in Wuhan have appealed for 259 local companies and entities to pay debts of some $14 million – showing the financial crisis that many local governments in China face

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 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

Taiwan smartphone chip maker MediaTek said it will be using Arm's new technology for its next-generation smartphones