Showing 1 - 10 of 155
Amateur football leagues win over cynical Chinese fans
AFP, Published on 31/07/2025
» SUZHOU, China - On a summer’s day in the city of Suzhou, about 40,000 people crowded into a stadium while thousands more gathered by public screens to watch China’s hottest sport — amateur football.
Equities savaged as China retaliation to Trump tariffs fans trade war
AFP, Published on 07/04/2025
» HONG KONG - Asian markets collapsed Monday after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession.
China's Alibaba to invest $50bn in AI, cloud computing
AFP, Published on 24/02/2025
» BEIJING - Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
Musk bashes Trump-backed AI megaproject
AFP, Published on 23/01/2025
» WASHINGTON - Tech titan Elon Musk has cast doubt on a $500-billion artificial intelligence project announced by US President Donald Trump, saying the money promised for the investment actually wasn’t there.
SoftBank CEO set to announce $100 bn US investment
AFP, Published on 16/12/2024
» WASHINGTON - The head of Japan's SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump's transition team told AFP.
Tanking Alibaba drags Hong Kong as markets rally fades
AFP, Published on 17/11/2023
» HONG KONG - Hong Kong led losses in Asian stock markets on Friday as Alibaba was hammered after saying it would cancel the planned spinoff of its cloud computing arm.
Asian markets mostly rise after Wall St gains
AFP, Published on 29/09/2023
» HONG KONG - Most Asian markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed respite from speculation the Federal Reserve will push interest rates even higher.
SoftBank supremo eyes rare success with Arm IPO
AFP, Published on 12/09/2023
» TOKYO - Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.
British chip giant Arm files for US share listing
AFP, Published on 22/08/2023
» NEW YORK: The British chip designing giant Arm has launched the process for a public stock listing in New York, in what could be the biggest US share offering in years.
Biden targets China as he touts manufacturing revival at home
AFP, Published on 10/08/2023
» BELEN (UNITED STATES) - President Joe Biden on Wednesday moved to restrict US investment in Chinese technology during a multi-state tour of the Southwest to tout his push to revive American manufacturing after decades of decline.