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CHINA REGULATORS
- China blocks SoftBank's $5.4 billion acquisition of ABB RoboticsChina has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expan...
China, Hong Kong stocks fall as US tech rout sparks AI bubble fearsChinese and Hong Kong stocks took a hit as American tech shares slumped overnight, fueling worries about the durability of the artificial i...- Global Market Today: Asian stocks join US selloff as AI slump deepensSouth Korea’s tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and ...
- US midterm results threaten data center boom as AI backlash growsUS midterm election results have raised fresh concerns over the future of America's data centre boom, with Democratic victories in Texas an...
- China cleantech stocks surge on hopes of stronger US clean energy supportChinese cleantech stocks rallied on Thursday as Democrats' strong US midterm election performance fuelled hopes of stronger support for ren...
- India says PepsiCo, Monster marketed with 'energy drink' label to dupe consumersIndia's food regulator FSSAI has accused PepsiCo and Monster Beverage of misleading consumers by marketing high-caffeine products as energy...
- Chinese chipmaker YMTC puts IPO on hold as weaker markets weigh, sources sayThat process has been put on hold due to "various factors", according to an internal note YMTC sent to its staff and seen by Reuters. It di...
- SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US ex...
- China Banks' applications for PBOC stock loan scheme exceed 200 billion yuanChina's central bank said applications for loans under its stock-purchase financing scheme have exceeded 200 billion yuan. The PBOC has als...
- Tesla misled South Korean customers about automated-driving tech, consumer group allegesTesla has marketed Full Self-Driving (Supervised) software to prospective buyers in South Korea for years, often collecting lump-sum paymen...
- Tesla misled South Korean customers about automated-driving tech, consumer group allegesTesla is facing a consumer complaint in South Korea over allegedly misleading customers by selling its Full Self-Driving (FSD) software to ...
- Chinese stocks fall as investors unimpressed by fresh market support measuresChinese stocks declined as selling in energy and technology shares outweighed fresh regulatory measures aimed at supporting the market. Inv...
- China to expand global access to yuan assets, promote Hong Kong as offshore hubChina plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulato...
- China stocks edge higher as reports of market support lift sentimentChina’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over s...
- China lowers funding costs with shift to overnight policy rateChina's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects sub...
- See data centres less as energy-sucking private warehouses, and more as quasi-public utilitiesWe need data centres. They run far more than ChatGPT. Search, banking, streaming, social networks, cloud software, government services, hos...
- IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in NovemberThe International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment fol...
- China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
- China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
- Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
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