US vaccine maker says it signed agreements with Shanghai officials on developing mRNA vaccines in China. Local news outlet says it is a $1-billion deal

Chinese analysts say Yellen's speech in April, which ranked national security interests as the top plank of America's bilateral economic policy, did not inspire optimism for the visit

Japanese car giant believes it could make a solid-state battery that charges in 10 minutes and has a range of 745 miles (nearly 1,200km)

On Tuesday, the EU voiced concerns over China's planned curbs on exports of some gallium and germanium products and expressed doubts that the move was related to national security

The best first-half gains in a decade, corporate reforms and Japan's ultra-easy monetary policy supporting the economic recovery have led to a change in mindset, analysts say

Former vice commerce minister says China's countermeasures will escalate if tougher tech restrictions are imposed. Analysts say they could extend to rare earth elements.

The restriction is aimed at closing a crucial loophole in the export controls the US implemented in October that allowed Chinese AI firms to access high-end chips through the cloud

Insiders and analysts say Pan Gongsheng is known as a risk averse financial technocrat, who played a key role in crackdowns on perceived threats over the past decade

Major state banks have chopped dollar deposit rates for the second time in a month to prevent a prolonged slide in the yuan, which could discourage foreign investment and spur an outflow of funds

Beijing has ramped up trade rivalry with the US by announcing controls on gallium and germanium - two minor metals widely used in chips, EVs and high-tech products - and it could get worse

The move comes as Japan works to revitalise its chip industry, and the European Union looks to reduce its dependence on China-dominated supply chains

S&P Global's seasonally adjusted purchasing managers' index for South Korean manufacturers fell to 47.8 in June, marking the lowest level in three months