TSMC's new chairman has hailed hailed OpenAI CEO Sam Altman's $7-trillion plan to create new fabrication plants for artificial intelligence as "too aggressive for me to believe"
The clean energy sector was the biggest driver of China’s economic growth in 2023, contributing 40% of its expansion
Focus in the region was on how Indian markets performed after stocks sank and the rupee slid a day before
TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions
Asian markets were generally subdued on Tuesday – except for India, where news that the Modi government may fall short of a big election win caused shares to sink
Japanese officials have ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles for submitting incorrect or manipulated safety test data
This is China’s second successful mission on the far side of the moon, a region no other country has reached
Last month, China announced "historic" steps to stabilise the sector, with the central bank easing mortgage rules and facilitating $140 billion in extra funding
Japanese authorities have not been able to make a sustained difference to the yen and are unlikely to keep the currency from hovering near crucial lows
Earlier this week a top US official called on European and NATO countries to send a collective message of concern to China
Ministry of Justice investigators named Luxshare Precision Industry as one of eight Chinese companies "that came to Taiwan to illegally engage in the poaching our high-tech talents."
"Although stock markets have performed strongly in May, just in the last week it seems very stressed," one analyst said, pointing to investor jitters on inflation expectations