China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
SpaceX’s planned IPO expected to develop space AI data centre buildout China’s plans for space tourism signal a…
First-class goods in second-tier cities as luxury goes local in China
Luxury spending in second-tier cities exceeding first-tier Middle-class looks to spend on luxury, save on living costs Gen…
Strong iPhone sales to power Apple’s holiday quarter, Google AI deal in focus
iPhone revenue expected to rise 13.6% in fiscal first quarter Apple leads global smartphone market with 20% share…
China passes steel output peak, developing Asia still climbing
LAUNCESTON, Australia, Jan 28 (Reuters) – It’s a fairly safe bet to say that China’s steel production has…
US calls Taiwan ‘vital partner’ after high-level tech and AI talks
Item 1 of 2 Taiwan’s Premier Cho Jung-tai speaks at a press conference about U.S.-Taiwan trade deal in…
China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
Chinese industrial profit rises in 2025, first time in four years
Industrial profit rises 0.6% on year, first increase since 2021 Government call to end price wars eased earnings…
China’s Africa lending nearly halved in 2024, shifts to yuan
Six African projects funded in 2024, including in Kenya and Egypt Yuan loans replace dollar in China’s Africa…
China issues $13.4 billion of treasury bonds to support equipment upgrades
BEIJING, Jan 22 (Reuters) – China has issued the first batch of 93.6 billion yuan ($13.44 billion) of…
UN biodiversity treaty enters into force, aims to protect 30% of oceans by 2030
SINGAPORE, Jan 17 (Reuters) – A landmark global treaty to safeguard biodiversity in the high seas came into…
China must strike right balance between demand and supply, says President Xi
BEIJING, Jan 20 (Reuters) – China should maintain manufacturing as a reasonable share of its economy and strike…