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LATEST NEWS FROM CHINA
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Global equity funds extend inflow streak as earnings optimism and reduced rate-hike bets lift sentiment
Global equity funds attracted inflows for a 12th consecutive week through August 12, buoyed by optimism over a strong earnings season and data showing weaker-than-expected U.S. pa...
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China calls Taiwan's annual military drills a 'wasteful charade'
China's defence ministry on Friday dismissed Taiwan's annual Han Kuang military drills as a "wasteful charade" that "stoked war panic", in the Chinese government's first official ...
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Philippines' Marcos confident on economic cooperation with China, despite rows
Philippine President Ferdinand Marcos Jr expressed optimism on Friday that despite heated disputes with Beijing in the South China Sea, the two countries could cooperate economica...
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Morning Bid: Yen stuck in twilight zone
A look at the day ahead in European and global markets from Ankur Banerjee
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China rejects New Zealand spy allegations as false
China on Friday rejected allegations that it is conducting widespread espionage on New Zealand, saying the claim in the country's latest security assessment stemmed from a Cold W...
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Chinese chipmaker SMIC increases prices on strong AI demand
China's top foundry, Semiconductor Manufacturing International Corp , said on Friday that AI-related demand would continue to underpin orders for its production, and that it had ...
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Asian stocks head for strong weekly gains as US rate hike bets fade
Asian stocks rose on Friday, poised for their strongest week in two months as benign inflation data dented expectations of an imminent U.S. rate hike, although faltering talks to ...
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Shipyard explosion in southeastern China kills fire and rescue worker
An explosion at a shipyard in the southeastern Chinese province of Fujian on Thursday killed one fire and rescue worker, local authorities said.
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DeepSeek releases official V4 Pro model as it steps up expansion
Chinese artificial intelligence startup DeepSeek on Thursday formally released its official V4 Pro model, aiming to regain ground against fast-moving domestic rivals as it expands...
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DeepSeek raises API pricing for its V4 models
Chinese artificial intelligence startup DeepSeek will raise API prices for its V4-Pro and V4-Flash models and introduce peak and off-peak pricing, a company statement on Thu...
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Microsoft retreats in China, but AI boom helps it keep a window open
Microsoft once regarded the idea of quitting China as unthinkable. But geopolitical tensions mean that it is reconsidering its exposure.
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SMIC profit more than triples on AI-driven chip demand
China's largest contract chipmaker, Semiconductor Manufacturing International Corp , reported on Thursday second-quarter profit more than tripled from a year earlier, beating an...
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China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports
China will continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years starting on Friday, the commerce ministry said on Thursda...
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Chinese state-linked observatory sought NZ site, spy agency says
New Zealand's security agency said it disrupted an attempt by a Chinese state-linked observatory to install satellite-tracking infrastructure in the country, highlighting the case...
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Morning Bid: Fed bets cool, BOJ wagers heat up
A look at the day ahead in European and global markets from Satoshi Sugiyama
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China's Lenovo posts 43% jump in Q1 revenue, highest in five years
China's Lenovo Group reported a 43% jump in quarterly revenue on Thursday, beating forecasts and sending shares of the world's largest computer maker surging, as it rides an AI h...
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Taiwan says it was targeted last month in AI-driven hacking campaign
Taiwan detected AI-assisted cyberattacks on government agencies last month coming from overseas but the affected bodies successfully "handled" the incident, the Ministry of Digit...
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Asian stocks rise as US inflation data dents September Fed hike bets
Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barr...
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