"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said

Montana, which has a total of about 1.1 million residents, is the first US state to impose a ban on the short-video app, which is due to take effect on January 1, 2024

The international securities watchdog has unveiled recommendations on Tuesday for global regulation of crypto-assets and digital markets; it aims to finalise them by year-end

"He chatted with me via video call, and I also confirmed his face and voice in the video. That's why we let our guard down," the victim said

US Secretary of State Antony Blinken signed a defence pact with Papua New Guinea on Monday. He and Indian PM Narendra Modi also met Pacific Island leaders at a regional forum

In contrast to the rupee, other Asian currencies were mostly higher after US Federal Reserve chairman Jerome Powell struck a moderately dovish stance

One of China's WZ-8 supersonic reconnaissance drones has been spotted by new hangars at Lu'an airbase in China's Anhui province, a US military magazine says

China has expressed anger at Japan for the strong criticism it received during the G7 summit, but Joe Biden said he expects ties with Beijing will warm up shortly

Shares of local and Asian chipmakers rose after China's cyberspace regulator said that Micron, the biggest US memory chipmaker, had failed its network security review

Palau and Micronesia will sign updated security agreements with the US over the next two days, while the Marshall Islands could also agree to do the same shortly, US envoy Joseph Yun said

G7 states want to limit 'risk exposure' to China but would still invest in supply supply chains there, German Chancellor Olaf Scholz said on Sunday; Quad leaders also met in Hiroshima

Ukrainian leader is seeking support from rich democracies, and pushing his claims about the threat posed by Moscow to key leaders from the 'Global South' with long ties to Russia.