ByteDance has denied reports that it agreed to sell TikTok’s US operations to an Oracle-led American consortium, calling the claims inaccurate. Any such deal would require approval from both the US ...

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 ...

The Chinese government has pledged to curb disorderly price competition in its solar panel industry and guide weaker producers toward exit or restructuring. The move comes amid falling prices and ...

Sxored, a Jakarta-based credit tech startup, has raised funding from East Ventures to expand its AI-powered platform for credit document analysis. The system uses OCR and machine learning to detect ...

Rebee, a health tech startup based in Singapore, raised USD 1.18 million in seed funding to scale its digital physiotherapy ...

Jack Dorsey has launched Bitchat, a peer-to-peer messaging app that reportedly operates over Bluetooth mesh networks with no internet, servers, or user data. Now in beta, the app supports encrypted, ...

Huayou Cobalt expects H1 2025 net profit to reach RMB 26–28 billion, up 55.6–67.6% YoY. The outlook reflects stronger cobalt prices, operational restructuring, and cost-efficiency improvements under ...

Hikvision is seeking a judicial review of Canada’s June 27 order requiring it to cease operations on national security grounds. Its Canadian unit has resumed business under a temporary agreement with ...

Foxconn Industrial Internet (FII) expects Q2 2025 net profit to rise 47.7–52.1% YoY to RMB 67.3–69.3 billion, with H1 profit projected to increase up to 39.1%. Growth is driven by surging demand for ...

China is considering expanding its Southbound Bond Connect quota to RMB 1 trillion, including a new annual allotment for non-bank financial institutions, according to sources. The move would broaden ...

Zhipu AI has secured RMB 1 billion in new funding from Shanghai’s PDVC and Zhangjiang Group, following a similar-sized round in March. The investment comes as Zhipu advances its IPO plans, with ...

Chinese fabless chipmaker Rockchip expects H1 2025 revenue to rise about 64% YoY to RMB 20.45 billion, with net profit projected at RMB 5.2–5.4 billion, up 185–195%. The growth is driven by flagship ...