Leading Chip Equipment Maker ASML Sales Linked to Chinese Military
The Dutch company that makes the world's most advanced EUV lithography machines have sold parts to a subsidiary of state-owned China Electronics Technology group.
Business
Global Airlines to Enjoy Record Profits in 2026
Despite plane delivery issues by Airbus and Boeing, European airlines are expected to overtake the US in airline profitability.
Beijing to Limit Use of Nvidia H200 Chips
China's response to US restrictions on exports of the most advanced AI chips to China has been to aggressive support the buildout of an AI ...
Solar Panel Installations Jumped 49% in Q3 Despite Hurdles
Over 30 GWs of generation capacity were installed, accounting for 58% of all new electricity-generating capacity.
US Set to Allow Nvidia H200 GPU Sales to China
The H200 is six times more powerful than the H20 GPU legally exportable to China under current export regulations.
Declining Consumer Sentiment Increases Rate-Cut Bet
A survey of US consumers found sentiment on their current finances "deteriorating notably" but improvement in their perception of the job market.
China Trade Surplus Passes $1 Trillion for First Time on Non-US Surge
Trump's tariffs cut exports to US by a third but exports of EVs, electronics and chips to Southeast Asia and the EU surged past previous ...
IBM to Buy Cloud Infrastructure Firm Confluent as AI Demand Heats Up
The $11 deal is part of CEO Arvind Krishna's focus on M&As to speed up growth of IBM's cloud and software business.
China Invested $80 Billion in Overseas Cleantech to Stoke Demand
An oversupply of solar panels and batteries provided motivation for China to invest in green factories in countries in Asia, the Middle East, Africa and ...
Tata Lands Intel as Customer for India's First Chip Plant
Tata Electronics plans to build a $14 billion semiconductor fabrication plant in Gujarat state and a chip assembly and testing facility in Assam state.
Japan Pullout from Vietnam Nuclear Project Adds Strain
Relations between the two nations were already strained by a ban against motorbikes in central Hanoi hurting market-dominant Honda.
China's November Crude Oil Imports Highest in 27 Months
The 50.89 million metric tons was up 5.24% over October and 3.2% over last year.
China's Rare-Earth Exports Jumped in November
Through the end of November rare-earth exports jumped 11.6% over last year to 58,193.1 metric tons.
China November Exports Rise on Surge to Non-US Nations
Exports jumped 5.9% on year, reversing a 1.1% contraction in October.
Japan Q3 GDP Revised Down to Negative 2.3%
The contraction represents a downward revision from an initial figure of 1.8%, and came despite a slight increase in consumer spending, suggesting industrial contraction.
India Expects 7% Growth for 2025 on Strong Fundamentals
The world's 5th largest economy saw growth accelerate last month on strong consumer spending and front-loading of exports ahead of tariffs.
SpaceX Seeks to Double Valuation to $800 Billion
Elon Musk has begun talks with investors for a secondary share sale that would put the rocket-launch company's implied valuation above OpenAI to become the ...
SoftBank's Arm to Set Up Chip-Design School in S. Korea
A deal between SoftBank and S. Korea provides for a school to train about 1,400 high-level chip design specialists to help the nation achieve its ...
Lisa Su Says AMD Ready to Pay 15% Tax on Exports to China
The legally questionable tax Trump imposed on shipments of AI chips to China would allow Nvidia and AMD to continue selling dumbed-down chips to China.
US Consumer Sentiment Improves Slightly in Early December
Worries about jobs and high prices persist to keep the overall mood somber despite a modest improvement from late November.
New York Times Sues Perplexity for Copyright Infringement
The AI startup's use of NY Times content and displaying its logo alongside "hallucinations" is the basis for the copyright infringement action.
China Exports Rebounded in November
The tariff truce with the US prompted a 3.8% increase in outbound shipments following a 1.1% contraction in October.
China Home Prices to Continue Slide into 2026
China's home prices fell 3.7% in 2025 and will fall 2.6% more next year due to an aging population, job uncertainty and high unsold inventory, ...
Estée Lauder Grows Market with New Brands, Younger Global Shoppers
The middle class growing around the world has been targeted with increased customization of products.
Dollar General Raises Profit Forecast
The bargain retail chain is seeing a big increase in the number of shoppers seeking goods priced under $1
Weekly Jobless Claims Lowest in 3 Years Says Government
The new Labor Department data showing a fall to 191,000 sharply contradicts an earlier report from ADP.
Meta Plans Big Cut to Metaverse Budget
After sinking $60 billion into Metaverse Meta plans to cut 30% from its budget as Zuckerberg makes an epic pivot to AI and the Superintelligence ...
Amazon Previews Custom AI-Created Fragrances
AWS Cloud Computing convention attendees lined up to have custom fragrances made by Amazon's Nova generative AI software only to be mostly disappointed by the ...
EU Mulls Removing Tariffs on Volkswagen EVs Made in China
The EU balances controlling EV imports from China against the needs of European carmakers looking for ways to compete.
Taiwan's No. 2 Chipmaker to Manufacture in US
UMC partners with Minnesota's Polar to fabricate 8-inch chips for autos, aerospace and defense, data centers and consumer electronics.
High-End Swiss Watches See Jump in US Demand
Watches of Switzerland reports a 15% jump in US sales for the first half of 2025 and expects demand to continue rising next year.
China's Nvidia-Like GPU-Maker Soars 400% on Trading Debut
AI GPU-maker Moore-Threads Technology is expected to become a mainstay for the Chinese AI industry with a strong showing in Friday's market debut on the ...
OpenAI Buys Startup Neptune for AI Training Tool
The Microsoft-backed company is beefing up its AI capabilities in preparation for a 2026 IPO that may value it at $1 trillion.
China's Hikvision Sues Challenging FCC Rules
The suit seeks to overturn new rules imposing restrictions on use of telecom gear made by Chinese companies like Huawei, ZTE and China mobile.
AI Demand Prompts Micron to Abandon Consumer Memory
The lure of virtually unlimited and lucrative demand for high-bandwidth memory (HBM) admi the AI boom drives Micron to abandon the consumer memory sector.
Foxconn, Luxshare to Use Vietnam for Millions More Game Consoles
Up to 4.8 million Microsoft Xbox game consoles and a similar number of other game devices will be added to Vietnam's factory output in 2026.
Indian Rupee Falls to Record Low vs Dollar
The rupee hit a record low of 90.29 per US dollar, creating a risk of freefall without government support.
Euro Zone November Business Activity Strongest in 30 Months
Strong growth in the services sector more than offset weakness in manufacturing.
China to Target 5% Growth in 2026 in Bid to End Deflation
China's new 5-year plan is likely to focus on ending the prolonged property slump and weak consumer demand by seeking to stimulate household consumption.
Payrolls Declined Slightly in November As Small Businesses Cut Costs
A 32,000 decrease in jobs in November followed a 47,000 increase in October, with low layoffs by historic measures.
India Services Growth Accelerates, Export Growth Slides
Domestic demand restored strong growth for the services sector in November but growing international competition slowed export growth to the lowest level since March.
AI Boom Creates Global Memory Shortage
Memory-makers like Samsung, SK Hynix and Micron are raising prices by double-digits as demand far outstrips production capacity.
Anthropic Prepares for Possible 2026 IPO
The AI startup that operates the Claude chatbot and is backed by Google, Amazon, Microsoft and Nvidia is well positioned for an IPO with 300,000 ...
Investment Houses See Yuan Breaking Key 7-Per-Dollar Level
Narrowing of the yield differential with the dollar and easing trade tensions are seen as pushing up the yuan in 2026 to levels not seen ...
Prada Buys Versace After Long Courtship
The Milan-based design house founded in 1978 will join the Prada and Miu Miu brands.
Axiado Raises $100 Million for AI Chips That Cut Server Power, Space
The rapid growth of large data centers creates demand for smarter server management chips that can greatly reduce space and power requirements.
China Issues First Batch of Expanded Rare-Earth Licenses
China appears to be loosening the tight export restrictions that had been causing assembly-line shutdowns by US and European manufacturers of cars, airplanes and weaponry.
Tesla's China-Made EV Sales Surge in November
Sales of Model 3 and Model Y produced in Shanghai soared 41.0% over October on strong exports to Europe and other markets.
Samsung Unveils Galaxy Z TriFold Smartphone
The multi-folding smartphone unfolds into a 10-inch display and will cost $2,440.
Sam Altman Declares Need for Urgent Fixes to ChatGPT
The OpenAI CEO declared a "code red" for improving ChatGPT before proceeding with advertising initiatives.
Leading Chip Equipment Maker ASML Sales Linked to Chinese Military
The Dutch company that makes the world's most advanced EUV lithography machines have sold parts to a subsidiary of state-owned China Electronics Technology group.
Global Airlines to Enjoy Record Profits in 2026
Despite plane delivery issues by Airbus and Boeing, European airlines are expected to overtake the US in airline profitability.
Beijing to Limit Use of Nvidia H200 Chips
China's response to US restrictions on exports of the most advanced AI chips to China has been to aggressive support the buildout of an AI ...
Solar Panel Installations Jumped 49% in Q3 Despite Hurdles
Over 30 GWs of generation capacity were installed, accounting for 58% of all new electricity-generating capacity.
US Set to Allow Nvidia H200 GPU Sales to China
The H200 is six times more powerful than the H20 GPU legally exportable to China under current export regulations.
Declining Consumer Sentiment Increases Rate-Cut Bet
A survey of US consumers found sentiment on their current finances "deteriorating notably" but improvement in their perception of the job market.
China Trade Surplus Passes $1 Trillion for First Time on Non-US Surge
Trump's tariffs cut exports to US by a third but exports of EVs, electronics and chips to Southeast Asia and the EU surged past previous ...
IBM to Buy Cloud Infrastructure Firm Confluent as AI Demand Heats Up
The $11 deal is part of CEO Arvind Krishna's focus on M&As to speed up growth of IBM's cloud and software business.
China Invested $80 Billion in Overseas Cleantech to Stoke Demand
An oversupply of solar panels and batteries provided motivation for China to invest in green factories in countries in Asia, the Middle East, Africa and ...
Tata Lands Intel as Customer for India's First Chip Plant
Tata Electronics plans to build a $14 billion semiconductor fabrication plant in Gujarat state and a chip assembly and testing facility in Assam state.
Japan Pullout from Vietnam Nuclear Project Adds Strain
Relations between the two nations were already strained by a ban against motorbikes in central Hanoi hurting market-dominant Honda.
China's November Crude Oil Imports Highest in 27 Months
The 50.89 million metric tons was up 5.24% over October and 3.2% over last year.
China's Rare-Earth Exports Jumped in November
Through the end of November rare-earth exports jumped 11.6% over last year to 58,193.1 metric tons.
China November Exports Rise on Surge to Non-US Nations
Exports jumped 5.9% on year, reversing a 1.1% contraction in October.
Japan Q3 GDP Revised Down to Negative 2.3%
The contraction represents a downward revision from an initial figure of 1.8%, and came despite a slight increase in consumer spending, suggesting industrial contraction.
India Expects 7% Growth for 2025 on Strong Fundamentals
The world's 5th largest economy saw growth accelerate last month on strong consumer spending and front-loading of exports ahead of tariffs.
SpaceX Seeks to Double Valuation to $800 Billion
Elon Musk has begun talks with investors for a secondary share sale that would put the rocket-launch company's implied valuation above OpenAI to become the ...
SoftBank's Arm to Set Up Chip-Design School in S. Korea
A deal between SoftBank and S. Korea provides for a school to train about 1,400 high-level chip design specialists to help the nation achieve its ...
Lisa Su Says AMD Ready to Pay 15% Tax on Exports to China
The legally questionable tax Trump imposed on shipments of AI chips to China would allow Nvidia and AMD to continue selling dumbed-down chips to China.
US Consumer Sentiment Improves Slightly in Early December
Worries about jobs and high prices persist to keep the overall mood somber despite a modest improvement from late November.
New York Times Sues Perplexity for Copyright Infringement
The AI startup's use of NY Times content and displaying its logo alongside "hallucinations" is the basis for the copyright infringement action.
China Exports Rebounded in November
The tariff truce with the US prompted a 3.8% increase in outbound shipments following a 1.1% contraction in October.
China Home Prices to Continue Slide into 2026
China's home prices fell 3.7% in 2025 and will fall 2.6% more next year due to an aging population, job uncertainty and high unsold inventory, ...
Estée Lauder Grows Market with New Brands, Younger Global Shoppers
The middle class growing around the world has been targeted with increased customization of products.
Dollar General Raises Profit Forecast
The bargain retail chain is seeing a big increase in the number of shoppers seeking goods priced under $1
Weekly Jobless Claims Lowest in 3 Years Says Government
The new Labor Department data showing a fall to 191,000 sharply contradicts an earlier report from ADP.
Meta Plans Big Cut to Metaverse Budget
After sinking $60 billion into Metaverse Meta plans to cut 30% from its budget as Zuckerberg makes an epic pivot to AI and the Superintelligence ...
Amazon Previews Custom AI-Created Fragrances
AWS Cloud Computing convention attendees lined up to have custom fragrances made by Amazon's Nova generative AI software only to be mostly disappointed by the ...
EU Mulls Removing Tariffs on Volkswagen EVs Made in China
The EU balances controlling EV imports from China against the needs of European carmakers looking for ways to compete.
Taiwan's No. 2 Chipmaker to Manufacture in US
UMC partners with Minnesota's Polar to fabricate 8-inch chips for autos, aerospace and defense, data centers and consumer electronics.
High-End Swiss Watches See Jump in US Demand
Watches of Switzerland reports a 15% jump in US sales for the first half of 2025 and expects demand to continue rising next year.
China's Nvidia-Like GPU-Maker Soars 400% on Trading Debut
AI GPU-maker Moore-Threads Technology is expected to become a mainstay for the Chinese AI industry with a strong showing in Friday's market debut on the ...
OpenAI Buys Startup Neptune for AI Training Tool
The Microsoft-backed company is beefing up its AI capabilities in preparation for a 2026 IPO that may value it at $1 trillion.
China's Hikvision Sues Challenging FCC Rules
The suit seeks to overturn new rules imposing restrictions on use of telecom gear made by Chinese companies like Huawei, ZTE and China mobile.
AI Demand Prompts Micron to Abandon Consumer Memory
The lure of virtually unlimited and lucrative demand for high-bandwidth memory (HBM) admi the AI boom drives Micron to abandon the consumer memory sector.
Foxconn, Luxshare to Use Vietnam for Millions More Game Consoles
Up to 4.8 million Microsoft Xbox game consoles and a similar number of other game devices will be added to Vietnam's factory output in 2026.
Indian Rupee Falls to Record Low vs Dollar
The rupee hit a record low of 90.29 per US dollar, creating a risk of freefall without government support.
Euro Zone November Business Activity Strongest in 30 Months
Strong growth in the services sector more than offset weakness in manufacturing.
China to Target 5% Growth in 2026 in Bid to End Deflation
China's new 5-year plan is likely to focus on ending the prolonged property slump and weak consumer demand by seeking to stimulate household consumption.
Payrolls Declined Slightly in November As Small Businesses Cut Costs
A 32,000 decrease in jobs in November followed a 47,000 increase in October, with low layoffs by historic measures.
India Services Growth Accelerates, Export Growth Slides
Domestic demand restored strong growth for the services sector in November but growing international competition slowed export growth to the lowest level since March.
AI Boom Creates Global Memory Shortage
Memory-makers like Samsung, SK Hynix and Micron are raising prices by double-digits as demand far outstrips production capacity.
Anthropic Prepares for Possible 2026 IPO
The AI startup that operates the Claude chatbot and is backed by Google, Amazon, Microsoft and Nvidia is well positioned for an IPO with 300,000 ...
Investment Houses See Yuan Breaking Key 7-Per-Dollar Level
Narrowing of the yield differential with the dollar and easing trade tensions are seen as pushing up the yuan in 2026 to levels not seen ...
Prada Buys Versace After Long Courtship
The Milan-based design house founded in 1978 will join the Prada and Miu Miu brands.
Axiado Raises $100 Million for AI Chips That Cut Server Power, Space
The rapid growth of large data centers creates demand for smarter server management chips that can greatly reduce space and power requirements.
China Issues First Batch of Expanded Rare-Earth Licenses
China appears to be loosening the tight export restrictions that had been causing assembly-line shutdowns by US and European manufacturers of cars, airplanes and weaponry.
Tesla's China-Made EV Sales Surge in November
Sales of Model 3 and Model Y produced in Shanghai soared 41.0% over October on strong exports to Europe and other markets.
Samsung Unveils Galaxy Z TriFold Smartphone
The multi-folding smartphone unfolds into a 10-inch display and will cost $2,440.
Sam Altman Declares Need for Urgent Fixes to ChatGPT
The OpenAI CEO declared a "code red" for improving ChatGPT before proceeding with advertising initiatives.
Recent Stories
Asian American Success Stories
- Asian American Polls
- Asian American Parenting
- Personalities
- Identity
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women