News

GAC Fiat Chrysler Automobiles (GAC FCA), the Jeep joint venture between GAC and Stellantis, has filed for bankruptcy after failing to restructure. Once a breakout SUV brand in China, the venture saw ...
Chinese firms are building dozens of AI data centers in Xinjiang and neighboring Qinghai, aiming to deploy more than 115,000 Nvidia chips restricted by US export controls. Documents reviewed show no ...
MiniMax, for example, saw its Talkie app surpass ten million downloads in its first eight months last year, making it the fourth most downloaded AI-integrated app in the US, ahead of Character.AI.
A policy mandating 60-day payments offers limited relief amid implementation hurdles across the automotive supply chain.
China averaged 5.5% economic growth over the first four years of its 14th five-year plan, said NDRC chief Zheng Shanjie, citing resilience despite the pandemic and trade friction. He projected a ...
With a focus on generalization and reliability, Galbot is building robots that skip the spectacle and get the job done.
Agibot plans to acquire a 63.62% stake in Shangwei New Materials for RMB 2.1 billion via share transfer and tender offer. If completed, CEO Deng Taihua will become the controlling shareholder, making ...
Romoss is facing a deepening crisis after recalling about 491,700 power banks. The company has suspended production, shut down online stores, and undergone multiple leadership changes. Employees have ...
Inflation is slowing across Southeast Asia, with Thailand, Malaysia, and Singapore posting multiyear lows, raising concerns about weakening demand. Economists warn of mounting deflationary pressure ...
Japan’s Rakuten has acquired B2BTrade, an Asian B2B e-commerce platform, for USD 500 million to expand its presence in the region’s growing B2B market. The deal aims to combine Rakuten’s B2C expertise ...
Meta has acquired just under 3% of EssilorLuxottica in a deal valued at approximately EUR 3 billion, deepening its commitment to smart glasses. The move strengthens Meta’s partnership with the Ray-Ban ...
US President Donald Trump has announced 25% tariffs on goods from Japan and South Korea, and up to 40% on imports from a dozen other nations, effective August 1. The move, framed as an economic ...