The smartphone giant’s chief Lei Jun said the company was aiming to become 'one of the world's top five automakers'

Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5% from about 40-45%

Costs have shot up as ships have rerouted around Africa. Some shippers are looking to boost the number of vessels sailing through the Suez Canal, but others want to see if the response to Houthi attacks is effective

The surge suggests Chinese chip firms are racing to acquire lithography systems before Dutch export curbs tighten from next year

"A more dovish Fed means the likelihood of recession in 2024 has fallen considerably," one market analyst said

The firm, Kharon, provides data to companies on alleged forced labour in the region to help them comply with US laws

Earlier this month, BMW Group said it had received a test license for L3 self-driving on high-speed roads in Shanghai

The US Department of Defence said on Saturday the drone that attacked the Japanese-owned chemical tanker was launched from Iran.

The ET9, which is still a year away from delivery, features self-developed tech such as an autonomous driving chip, a 900-volt electric drive for fast charging and large cylindrical battery cells

Beijing has condemned a US plan to review procurement of mature-node chips from China, as it likely fears the move will create further upheaval in its volatile chip sector

The National Development and Reform Commission said on Saturday it had identified thousands of flood control and disaster relief projects under a $140bn plan to boost the economy

Analysts said the renminbi’s advance was likely to be welcomed by Beijing, which is keen to increase the currency’s international profile