The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion

"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit claimed on Wednesday

PM says: “We will urgently look at whether we need to make more cooperative plans and future assistance programmes for the industrial sector."

Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company.

"The likelihood of achieving the BOJ's outlook has been rising," the central bank said, as many firms say they will continue to raise wages steadily in this year's annual wage negotiations

Currency traders and stock markets have been rocked by Trump's return to the White House, which has brought joy and disappointment. Investors are still trying to envision how things will play out

"Trump wants a deal. Otherwise, he would have shot up China on day one," Alicia Garcia Herrero, chief economist for the Asia Pacific at Natixis, said

Police have arrested dozens of protesters who stormed a court in Seoul on Sunday after it extended President Yoon's detention for a further 20 days

Japanese truck and engine maker announces settlement with US agencies after being charged with fraud for unlawfully selling 105,000 heavy-duty diesel engines in the US that did not meet emissions standards

The new rules will include Russian cars, but exempt BYD buses assembled in California and won't cover Chinese software made before the rules take effect, so GM and Ford can continue to import some China-made vehicles

Facing allegations of staging an insurrection, Yoon said he agreed to comply with what he called an illegal probe to avoid "bloodshed".

New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access