OpenAI has, since 2015, raised more than $11.3 billion in seven rounds of funding, and has big backers like Microsoft and Sequoia, but its costs are also huge

Firms sign an MoU on building and using ammonia-fuelled vessels owned either by COSCO or both firms to cut emissions while shipping minerals

Officials say exports in July were said to have risen by 19% this month from 2023, while an index for industrial production rose by 11.2%

Hong Kong court on Monday gives giant debt-laden conglomerate nearly six months to  finalise a rejig of its offshore debt, while Evergrande's EV unit may also face bankruptcy proceedings

Microsoft, Apple, Amazon and Facebook-parent Meta Platforms report this week while central banks in the US, UK and Japan also meet

US lawyers have rejected all arguments raised by TikTok, and told a Federal Appeals Court the law addresses security concerns, not free speech

The top five spots in the country are now held solely by Chinese smartphone makers — for the first time ever

Chinese tech firms want to stockpile TSMC chips and are offering a big mark-up because of "uncertainties arising from the upcoming US presidential election and its impact on US-China relations"

Power consumption in China surged in the first half of 2024, but the country also expects another jump in installed renewable power this year

Faster-than-expected second-quarter growth in the US lifted the mood on most trading floors though there was also a post-typhoon Taiwan drag

Indonesia has been negotiating a critical mineral deal with the US so its nickel can be recognised for EV tax cuts; that means Chinese firms need to reduce their holdings

Planning agency says it will use $20.7 billion from special bonds being issued this year to subsidize replacement home appliances, cars, bicycles and other items