

US Tech and Retail Stocks Plunge After Trump’s Tariff Announcement
U.S. technology and retail stocks led a global market sell-off after President Donald Trump announced sweeping new tariffs, sparking fears
10 hours ago3 min read


Beijing’s Solar Panel Oversupply Crackdown Unlikely to Lift Global Prices, Says US Firm
Global solar panel prices are expected to remain low through 2025, as Beijing’s recent efforts to curb oversupply in the photovoltaic (PV)
1 day ago2 min read

Huawei Profit Falls 28% in 2024 Despite Fastest Revenue Growth in Five Years
Huawei Technologies reported a 28% drop in net profit for 2024, even as its revenue grew at the fastest pace in five years.
4 days ago2 min read

Intel Board Shakeup Continues as Three Directors Step Down Amid Turnaround
Three Intel board members will retire at the company’s 2025 annual meeting, the chipmaker announced in a regulatory filing on Thursday,
7 days ago2 min read


Foxconn to Host EV Strategy Seminar in Japan Following Mitsubishi Deal
Foxconn will hold a seminar in Japan on April 9 to present its electric vehicle strategy, according to two sources with direct knowledge of
Mar 281 min read

OpenAI Projects Positive Cash Flow by 2029 Amid Rising AI Costs
OpenAI does not expect to achieve positive cash flow until 2029, Bloomberg News reported, citing a source familiar with the matter.
Mar 271 min read


BYD Surpasses Tesla Again as Annual Sales Exceed USD 100 Billion
BYD has once again outpaced Tesla in global electric vehicle (EV) sales, reporting a record-breaking annual revenue of 777 billion yuan...
Mar 262 min read


India Demands USD 601 Million in Back Taxes From Samsung Over Telecom Imports
India has ordered Samsung and its executives to pay USD 601 million in back taxes and penalties for allegedly evading tariffs
Mar 263 min read


DBS' Incoming CEO Tan Su Shan Open to Strategic Acquisitions
DBS Group's incoming CEO, Tan Su Shan, is open to "bolt-on" acquisitions while prioritising high-return businesses such as wealth and transa
Mar 252 min read

Xiaomi Raises USD 5.5 Billion in Share Sale to Boost EV Expansion
Xiaomi Corp has raised USD 5.5 billion in an upsized share sale as it accelerates its electric vehicle (EV) manufacturing plans.
Mar 252 min read


Apple Losing Over $1 Billion Annually on Streaming Service
Apple is losing more than $1 billion a year on its streaming service, Apple TV+, according to a report by the Information.
Mar 212 min read


Foxconn Expects Server Revenue to Surpass iPhone Sales Within Two Years
Foxconn, the world's largest contract electronics manufacturer and Apple's primary iPhone producer, expects its server revenue to exceed its
Mar 201 min read


China Unicom Increases AI Computing Investment by 28% in 2025
China Unicom is increasing its capital expenditure on computing power by 28% in 2025 as artificial intelligence (AI) adoption surges across
Mar 192 min read


Intel’s New CEO Plans Major Overhaul of Manufacturing and AI Operations
Intel’s incoming CEO, Lip-Bu Tan, is considering significant changes to the company’s chip manufacturing and artificial intelligence strateg
Mar 183 min read


Quantum Computing, AI Stocks Rise as Nvidia Kicks Off Annual Conference
Shares of quantum computing and artificial intelligence companies climbed on Monday as investors anticipated major announcements from Nvidia
Mar 182 min read

OpenAI and Elon Musk Agree to Fast-Tracked Trial Over For-Profit Shift
OpenAI and Elon Musk have agreed to fast-track a trial over the artificial intelligence company's transition to a for-profit model.
Mar 172 min read

China’s Robotics and AI Advances Pose ‘Existential Threat’ to US, Report Warns
China’s growing dominance in robotics and artificial intelligence (AI) presents an “existential threat” to the United States, according to
Mar 153 min read


Intel Shares Surge 14% as Lip-Bu Tan Named New CEO
Intel shares jumped 14% on Thursday after the company appointed former board member Lip-Bu Tan as its new CEO. Tan, who left the board in Au
Mar 142 min read


Adobe Shares Drop as AI Monetisation Concerns Grow
Adobe forecasted second-quarter revenue in line with Wall Street expectations on Wednesday, raising concerns about the slower monetisation
Mar 132 min read


Niantic to Sell Gaming Division to Saudi-Owned Scopely for USD 3.5 Billion
Niantic Labs will sell its video game division to Saudi Arabia-owned Scopely for USD 3.5 billion as it shifts focus to geospatial technology
Mar 132 min read


Xpeng May Invest Up to USD 13.8 Billion in Humanoid Robots
Chinese electric vehicle maker Xpeng is considering investing up to 100 billion yuan (USD 13.8 billion) in humanoid robots
Mar 132 min read

China’s Robotics Start-ups Attract Surge in Venture Capital Investment
China’s robotics start-ups are experiencing a surge in venture capital investment, positioning the sector as a potential powerhouse similar
Mar 103 min read


ASML to Open Repair Centre in Beijing Despite US-China Tech Tensions
ASML Holding will establish a reuse-and-repair centre in Beijing this year, reaffirming its commitment to China despite ongoing US-China tec
Mar 82 min read

Malaysia Weighs Absorbing Potential US Chip Tariffs With Companies
Malaysia is in talks with semiconductor companies to determine whether they can absorb potential US tariffs on chips, Trade Minister Tengku
Mar 72 min read