Europe

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EU approves German state aid for US$11 billion TSMC joint-venture chip plant

“This is a true win-win situation for all of us,” EU Commission President Ursula von der Leyen said at a…

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New Business

Regulatory, geopolitical uncertainties cloud M&A activity in China: Deloitte

“Uncertainty is a big word, and [it] has been affecting confidence,” said Stanley Lah, strategy and transactions national leader at…

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New Business

Opinion | Why World Bank action on looming jobs crisis points to a better way

During the next 10 years, the bank suggests, an unprecedented 1.2 billion young people in the Global South will become…

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Tech

E-commerce tycoon Colin Huang tops China’s rich list

E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…

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Tech

UK backs smaller AI projects while scrapping major investments

The UK government has announced a £32 million investment in almost 100 cutting-edge AI projects across the country. However, this…

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New Business

Stock market sell-off raises concerns for China’s exports amid US recession fears

Warning signs are flickering for China’s economy – of which the export sector has been a major growth engine in…

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Tech

China’s EV, battery firms bolt into emerging markets as trade remains caustic

“In the coming five to 10 years, regions such as Southeast Asia, Europe, Latin America and parts of Africa are…

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Tech

BYD lands deal to supply Uber 100,000 EVs, fuelling its overseas expansion drive

A partnership between ride-hailing giant Uber and BYD is a boost for the world’s largest electric vehicle (EV) maker’s expansion…

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Tech

Experts assess the EU’s AI Act

As the EU’s AI Act prepares to come into force tomorrow, industry experts are weighing in on its potential impact,…

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New Business

Opinion | Russia needs China’s market more than China needs Russian gas

It is no secret that China is taking advantage of Russia’s “energy decoupling” from Europe to get better prices for…

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