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Nvidia-Google AI chip rivalry escalates on report of Meta talks

Meta Platforms is in talks to spend billions on Google’s AI chips, according to a report by The Information, adding…

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New Business

BHP drops Anglo American bid again as rival rejects new proposal

BHP Group has walked away from a fresh takeover approach for Anglo American, ending an unexpected and short-lived attempt by…

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New Business

Opinion | China’s development model is reverberating around the world

“We do not need to chase [after other countries], we are the road,” said President Xi Jinping after inaugurating a…

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New Business

China’s Sany Heavy starts gauging investor interest for Hong Kong stock offering

China’s Sany Heavy Industry is starting to gauge investor interest in its Hong Kong listing, according to the deal’s terms…

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Chinese EV maker BYD brings price war to Japan in bid to ignite demand

More than two years after BYD began a high-profile foray into the Japanese market, the Chinese electric-vehicle (EV) maker is…

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New Business

Apple shares tumble as Trump imposes tariffs on production hubs, including China

Apple is finding itself squarely in the crosshairs of US President Donald Trump’s new tariffs, even after a years-long effort…

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New Business

Country Garden’s 2024 loss narrows amid initial recovery signs in China’s property sector

Country Garden Holdings reported a narrower loss in 2024 as the defaulted property giant seeks to build creditor support for…

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New Business

Foxconn’s profits drop as iPhone sales falter, but AI boom offers hope

The Taiwanese company, a major assembler of Nvidia servers, reported a 13 per cent fall in net income to NT$46.3…

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New Business

Alibaba’s long-awaited China stock link may provide timely boost

Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce…

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New Business

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for…

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