Exclusive-China to launch new $40 billion state fund to boost chip industry, sources say
By Julie Zhu, Kevin Huang, Yelin Mo and Roxanne Liu HONG KONG/BEIJING China is set to launch a
2023-09-05 16:27
Top Court Says HK Needs to Legitimize Same-Sex Partnerships
Hong Kong’s top court said the government needs to establish laws recognizing same-sex partnerships, representing one of the
2023-09-05 16:24
China's Leapmotor looks to sell EV tech as it targets export growth
MUNICH China's Leapmotor needs to increase its sales by five times or more to survive a consolidating EV
2023-09-05 16:23
London and Paris Face Heat Waves as Greece Braces for Floods
The unseasonably hot weather across northwest Europe will extend into next week, with London set to exceed 30C
2023-09-05 16:17
Crypto Market-Making Profit Margins Sink 30% in ‘Wake-Up Call’ Post-FTX
Market making in digital tokens used to be a font of outsized profitability. The picture today is very
2023-09-05 16:17
Africa Climate Summit Latest: UAE Pledges $4.5 Billion
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 16:16
China Slowdown Means It May Never Overtake US Economy, Forecast Shows
China is no longer set to eclipse the US as the world’s biggest economy soon, and it may
2023-09-05 15:56
Qualcomm to supply BMW and Mercedes with chips for displays, voice features
By Stephen Nellis SAN FRANCISCO/MUNICH U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power
2023-09-05 15:24
Country Garden dodges default by making last minute debt payments, state media reports
Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports.
2023-09-05 15:22
Lane Says ECB Sees Core Inflation Slowing in Coming Months
ECB Chief Economist Philip Lane offered a cautiously optimistic take on inflation, saying slowing in goods and services
2023-09-05 15:15
Foreign Funds Reverse $17 Billion Record Exodus in India Stocks
Foreign funds reversed their record exodus from Indian stocks as the country’s appeal as an alternative to China
2023-09-05 14:52
Chevron Says Seeking Solution as 24-Hour LNG Strikes Planned
Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major
2023-09-05 14:48