China can build humanoids at scale. The hard part is finding enough buyersChinese companies are pushing ahead with humanoid robot production. These robots can perform tasks like directing traffic and making coffee...
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
China's April industrial profits grow at fastest in more than two yearsChina's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong export...
China's DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI modelDeepSeek did not disclose whether the permanent price cut was due to increased supply of Huawei's Ascend 950 chips, which it used to maxi...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
She left city life to work in the village, now earns over Rs 1 crore a year from 60,000 venomous snakesQin, a 1995-born woman from Guilin, China, manages a snake farm with over 60,000 venomous reptiles. She took over her father's business aft...
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
Xi Jinping, Vladimir Putin to hold ‘tea diplomacy’ talks in Beijing after Donald Trump visitChinese President Xi Jinping and Russian President Vladimir Putin meet in Beijing today. The summit will cover bilateral and international ...
China's CXMT expects revenue to surge as memory chip demand soarsChina's top memory chipmaker, CXMT, anticipates first-half revenue around $17.62 billion, driven by a global memory supercycle fueled by AI...
Global Market: China chip rally sparks valuation bubble fears among investorsChinese chip companies are seeing high stock valuations. This surge is fueled by China's drive for technological self-reliance. However, re...
Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
Specialty chemicals: Is China still the same threat, or is this a contrarian moment? 7 stocks to be brought back on the watchlistWhen it comes to the Indian speciality chemicals sector, China and its dumping matters. But there have been subtle but significant changes ...
Investors say they want Trump and Xi to stay out of AI's wayThe tables have turned. There's little China is eager to discuss with Trump," said Yang Tingwu, vice general manager of Tongheng Investment...
US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
China is digging a 134 km canal through mountains so cargo ships can bypass longer sea routes, and the project reveals how Beijing is reshaping trade geographyChina is building a 134-kilometre-long Pinglu Canal in Guangxi province that will directly connect inland waterways to the Beibu Gulf. The ...