Supply chain negotiations are one of four "pillars" of the IPEF, which is Biden administration's main economic initiative in Asia and aims to provide the region an alternative to closer ties with China

Leaders of the G7 last week agreed to create an intergovernmental forum called the "Hiroshima AI process" to debate issues around fast-growing AI tools

The two allies are looking to cooperate closely in research and development of advanced chips, artificial intelligence and quantum technology, sources say

Asia stocks sink to two-month low, with Hong Kong down 2%, Sydney, Shanghai and the BSE Sensex all lower on Thursday. The Nikkei was the key outlier once again, rising nearly 0.4%.

Computer glitches were blamed for postponement of the third test of Seoul’s homegrown Nuri rocket

S&P said a listing for chip designer Arm, which has become a primary preoccupation for the group's chief Masayoshi Son, would improve asset liquidity

China has lashed out at Tokyo for saying it will take 'resolute countermeasures' if it restricts the export of advanced chipmaking equipment to the mainland

"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said

Tokyo’s benchmark index has hit 33-year highs and two Shanghai-listed ETFs that track the Nikkei 225 now exceed their net asset value

The World Health Organization won’t be inviting a Taipei delegation to its annual assembly in Geneva following protests by Beijing

One of China's WZ-8 supersonic reconnaissance drones has been spotted by new hangars at Lu'an airbase in China's Anhui province, a US military magazine says

China has expressed anger at Japan for the strong criticism it received during the G7 summit, but Joe Biden said he expects ties with Beijing will warm up shortly