Beijing Offers Subsidies for Companies That Buy Local AI Chips as China Cuts Reliance on Foreign Technology

Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.


Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison

A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...

India Is Confident More Foreign Players Will Enter the Country's EV Market Due to New EV Policy Measures

The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market...

US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai

US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China...


Latest News

Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO
China's internet regulator is conducting a security review of Shein.
At Davos, Ukraine's Volodymyr Zelenskyy Lashes Out at Russia's Vladimir Putin, Urges Allies to Step up Its Support for Kyiv
For the first time since the start of Russia's invasion, Ukraine's President Volodymyr Zelenskyy has attended the annual World Economic Forum in Davos, Switzerland, in person.
US Launches Additional Strikes Against Houthis in Yemen as Rebels Hit Greek Ship With Missile in Red Sea
The US military launched new strikes in Yemen on Tuesday, targeting anti-ship ballistic missiles in a part of the country controlled by Houthi rebels.
North Korea's Foreign Minister Visits Russia Amid Growing Concern Over an Alleged Arms Deal
Another meeting between North Korea and Russia has fueled speculations about a potential arms deal between the two countries.
US Delegation Sent by Joe Biden Arrives in Taiwan Despite China Opposing Any Official Exchanges Between the 2 Countries
The unofficial delegation of former US top officials sent by President Joe Biden arrived in Taiwan on Sunday for a three-day trip to exchange views on bilateral issues and prospects.
Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
Joe Biden to Send High-Level Delegation to Taiwan After Its Election That Might Anger China
President Joe Biden is set to dispatch an unofficial delegation of former top officials to Taiwan following its presidential election, a move that could further strain the US-China relations.
Russia Is Spending Big Chunk of Money on Defense That It's Draining the Rest of the Economy
A former central bank official in Russia said the war in Ukraine is taking much of the nation's financial resources.
China, Nicaragua New Free Trade Agreement Begins
China and Nicaragua have initiated trading under a newly established free trade agreement, which formally started on Monday.
Joe Biden Extends Suspension of Trump-Era EU Steel, Aluminum Tariffs for 2 Years
President Joe Biden has extended the suspension of tariffs on European Union (EU) steel and aluminum for two more years.
Real Time Analytics