SoftBank has completed its $40 billion investment in OpenAI, source says
Dec 30 (Reuters) – SoftBank Group (9984.T), opens new tab has completed its $40 billion investment in OpenAI,…
Meta to acquire Chinese startup Manus to boost advanced AI features
Dec 29 (Reuters) – Meta (META.O), opens new tab said on Monday it would acquire Chinese artificial intelligence…
China to lower import tariffs on some products beginning 2026
BEIJING, Dec 29 (Reuters) – China announced on Monday tariff adjustments for some products beginning next year, including…
China’s LandSpace gears up to take on Elon Musk and SpaceX
LandSpace is trying to become China’s SpaceX LandSpace became the first in China to test a reusable rocket…
China issues drafts rules to regulate AI with human-like interaction
BEIJING, Dec 27 (Reuters) – China’s cyber regulator on Saturday issued draft rules for public comment that would…
China launches venture capital funds to invest in ‘hard technology’, state media report
BEIJING, Dec 26 (Reuters) – China on Friday launched three venture capital funds to invest in “hard technology”…
China eases IPO rules for firms developing reusable rockets
New guidelines exempt firms from some financial requirements Companies will need to meet reusable rocket tech milestones Beijing…
China’s statistics bureau revises down 2024 final GDP
BEIJING, Dec 26 (Reuters) – The size of China’s economy in 2024 was revised down to 134.8 trillion…
Core inflation in Japan’s capital slows in December but no bar for further BOJ hikes
Tokyo December core CPI up 2.3% yr/yr vs forecast +2.5% Index excluding fresh food, fuel rises 2.6% yr/yr…
China’s LandSpace hopes to complete rocket recovery in mid-2026
LandSpace seen in China as the domestic answer to SpaceX Firm became first in China to fully test…
Chinese capital Beijing further eases home buying curbs
BEIJING, Dec 24 (Reuters) – Beijing’s municipal authorities further eased curbs on home purchases on Wednesday, lowering the…
S.Korea pension fund initiates new round of strategic FX hedging to support won, sources say
New round of strategic foreign exchange hedging triggered Won sharply rebounds from 8-month lows as move caps downside…