The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing

Despite the Biden Administration’s push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week

China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs

Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US

A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year

The restructure would give creditors many options such as converting debt into cash and extending maturity. It comes ahead of a liquidation hearing on January 20.

Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'

Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally

Brazilian authorities probing BYD’s labour practices in the country say the carmaker brought hundreds of Chinese workers on irregular visas to build the factory

Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis

Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant

This is the second time BYD has overtaken Tesla as the world’s biggest seller of electric vehicles in a quarter