Latest News: Regions
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.
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...
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Alibaba Releases New AI Model, Says It’s Better Than DeepSeek30 Jan 2025
"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...
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Curbing Chinese Access to US AI Models May be Hard: Analysts30 Jan 2025
US executives say limiting the 'distillation' process from open-source models, in which one AI system learns from another, may be difficult to stop...
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DeepSeek Breakthrough or Theft? US Probes ‘AI Data Breach’29 Jan 2025
Microsoft's security researchers observed that "individuals they believed to be connected to DeepSeek" were involved in an unauthorized data transfer several months ago...
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management....
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Billion-Dollar Oil Fraud in Mongolia Hits Trafigura Profit13 Dec 2024
Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million....
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Ruble Plunges After US Sanctions GPB, Dozens of Russian Banks28 Nov 2024
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022...
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China Eyes Minerals, Offers Afghan Taliban Tariff-Free Trade25 Oct 2024
President Xi said at a summit in Beijing last month that from December goods from least developed countries with diplomatic ties to China would not be subject to import duties...
PM says: “We will urgently look at whether we need to make more cooperative plans and future assistance programmes for the industrial sector."...
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China Building Huge Laser Fusion Research Facility, Analysts Say28 Jan 2025
Satellite photos show China appears to be building a large laser-ignited fusion research centre in a southwestern city...
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India And China Agree to Resume Direct Flights After Five Years28 Jan 2025
Two Asian giants have agreed to resume direct flights and a range of other measures as ties finally warm after their deadly border clash...
Nobel laureate now heading Bangladesh's interim govt said Hasina's government faked the country's growth data "and nobody questioned that"....
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Trump Seen Blocking the ‘De Minimis’ Trade Loophole With China23 Jan 2025
Trump noted on his first day in office the de minimis law, which allows over a billion products to be mailed to the US every year, is unlikely to survive for long...
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China Emptying Dams as Cracks Found After Big Quake in Tibet16 Jan 2025
Three of the five affected dams have been emptied since the big quake on January 7, a Tibet emergency management official told a news conference on Thursday...
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....
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Yen Rises After Bank of Japan Lifts Rates to Highest Since 200824 Jan 2025
"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...
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Stock and Currency Investors Jolted by Trump’s Chaotic Approach21 Jan 2025
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...
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