News

Asia’s convertible and exchangeable bond sales have surged past USD 30 billion in 2025, led by Chinese firms tapping strong equity markets and low-cost funding. Major issuers like Baidu, Alibaba, and ...
Stablecoins are gaining ground in Africa as businesses adopt them for cross-border payments. With global banks deprioritizing the continent, on-chain dollars could offer faster, cheaper, and more ...
BMW is partnering with Chinese tech firm Momenta to co-develop an AI -powered driver assistance system tailored for China. The system will offer point-to-point assist across urban and highway routes, ...
TikTok is pushing for urgent talks with Canadian officials to avoid a shutdown of its local operations, warning it may need to lay off staff and halt investment. The company has proposed a ...
Cognition AI has acquired what remains of AI coding startup Windsurf, including IP, staff, and assets. The deal follows Google’s hire of Windsurf’s co-founder and CEO, after a prior USD 3 billion ...
Nvidia CEO Jensen Huang met with government and industry leaders in Beijing to promote AI’s role in boosting productivity and innovation. He said Nvidia is reapplying to sell its H20 GPU in China and ...
Huawei has shared a timeline for autonomous driving, targeting Level 3 highway rollout and pilot Level 4 use in urban areas, with full deployment by 2028. Execs emphasized safety and sensor fusion ...
Robotaxis could eventually account for 6% of China’s taxi and ride-hailing market, totaling USD 40 billion annually, according to HSBC. Backed by strong digital infrastructure and tech-savvy consumers ...
Hesai Technology has appealed a US court ruling upholding its inclusion on a Pentagon military blacklist. The court cited evidence of links to China’s defense sector, though Hesai said no proof showed ...
BreadTalk has closed all 11 of its stores in Chengdu, drawing complaints from prepaid card users unable to claim refunds. A June notice cited planned renovations, but users say contact lines are ...
Temu has raised prices in Pakistan by up to 300% after the government imposed a 5% digital tax on foreign online sellers without local operations. Items like sunglasses and electronics have reportedly ...
A US ITC judge ruled Insta360 infringed GoPro patents tied to the Hero camera design and HyperSmooth stabilization. Insta360 disputes the finding, saying five GoPro utility patents were found invalid, ...