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X Square Robot raises $100M in A+ round backed by Alibaba
Chinese humanoid company X Square Robot secured $100 million in an A+ round of funding led by Alibaba Cloud and CAS Investment on Monday. The firm’s Chief Operating Officer, Yang Qian, said the initia...
A fake email pretending to be from Rep. Moolenaar was sent to U.S. agencies during key China trade talks
Right before trade talks between the U.S. and China kicked off in Sweden last July, a fake email shook things up in D.C. Staff working on the House committee dealing with U.S. competition with China s...
Modi met Xi in Tianjin to reset ties and discuss trade, flights, and border issues
Prime Minister Narendra Modi met Chinese President Xi Jinping in Tianjin on August 31, and the timing couldn’t have been more deliberate. With Indian stocks underperforming and global funds pulling ba...
China imposes anti-dumping measures on EU products
China responded to the European Union’s imposition of tariffs on Chinese-made electric vehicles (EVs) in 2024 by initiating several retaliatory measures targeting products imported from the bloc. The ...
Putin confirms Russia and China are developing settlement systems together
Russia and China are jointly developing their system for mutual settlements, President Vladimir Putin highlighted at an economic forum. Sanctions are slowing down the process, Russia’s strongman admit...
Hon Hai maintains sales revenue on strong Nvidia AI server demand
Hon Hai’s August sales hit NT$606.5 billion, or around $19.8 billion, showing a 10.6% increase from last year. The company said its AI server business in the U.S. is still running strong. That’s what’...
Trump pushes tariffs on semiconductor imports
President Donald Trump stated that semiconductor imports will soon face tariffs, with possible carve-outs for firms like Apple that have pledged significant investment in the U.S. economy. On Thursday...
Trump pushes US Supreme Court for expedited resolution to tariff question
Donald Trump’s administration asked the US Supreme Court on Wednesday to intervene in a legal battle threatening to pull down one of his headstrong foreign policy agendas, tariffs. A federal appeals c...
China hits U.S. optical fiber suppliers with rate hikes in trade tension escalation
China added new tariffs on more U.S. optical fiber after a six-month probe found U.S. suppliers tried to dodge earlier penalties. The tariffs took effect Thursday Beijing time and cover “certain cut-o...
Markets brace for Broadcom earnings as investors rationalize AI spending
Broadcom Inc. is set to report earnings on Thursday, and all eyes will be on the numbers. This year, the chipmaker has been a major beneficiary of the artificial intelligence (AI) boom. Since April, t...
China doubles down on practical AI as America spends billions and burns energy
America is throwing billions of dollars and burning through massive energy reserves in an arms race to dominate artificial intelligence before China gets there first. The goal for Washington is to bui...
Nasdaq raises listing standards for Chinese companies entering U.S. markets
Nasdaq announced plans on Thursday to revise its listing rules in a bid to solidify its commitment to capital investment. The initiative also aims at ensuring investor protection while maintaining mar...