The Chinese telecom giant has fallen behind South Korea's Samsung in the country, where brick-and-mortar remain the bigger players in smartphone sales
The investment proposal also includes a plan by BYD to set up charging stations in India and build research and development and training centres
The meeting, set for next Friday, will focus on the current conditions of US dollar-denominated investment firms in China and the main challenges they face, sources say
Tesla has begun talks with the Modi government on plans to build an EV plant in the country that would sell cars locally at an affordable rate and export them across the Indo-Pacific, a source says
Hong Kong's Hang Seng Index jumped 2.6%, while the Nikkei rose by 1.5%, and other key markets ignored dismal trade data in China to stay in positive territory on Thursday
Regulators say the measures will not apply to firms who don't intend to offer their generative AI services to the Chinese public to encourage development of the technology
Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group
The baht was one of two Asian currencies to rise on Tuesday, but businesses in Thailand are closely watching the vote for a new PM, which will be held in parliament on Thursday.
Explaining its breakup with Vedanta, Foxconn said "there was recognition from both sides that the project was not moving fast enough"
Prime Minister Narendra Modi has earmarked chipmaking as a top priority for India and Foxconn's withdrawal will be seen as a major blow
Researchers from China’s Nanjing University are covering Dagu glaciers in the Sichuan province with thick rolls of white sheets that are designed to slow down climate change-induced melt
Friday's $984 million fine on Ant Group, one of the largest ever for a Chinese internet company, is largely being seen as an end to Beijing’s tech crackdown