China's biggest chipmaker SMIC posts record 2022 revenue but warns of a tough year ahead
China's biggest chipmaker SMIC posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead.
CNBC Asia
K-pop stocks soar after agency behind BTS announced it would become its rival’s top shareholder
The K-pop agency behind BTS is set to become the largest shareholder of SM Entertainment.
Chinese e-commerce giant JD.com to launch ChatGPT-style product
JD.com said it will release an "industrial version" of ChatGPT called ChatJD. It will be a chatbot product focused on the fields of retail and finance.
The return of El Nino could make the world even hotter — endangering a critical climate threshold
El Nino is widely recognized as the warming of the sea surface temperature, which occurs every few years.
Angry senators grill Pentagon officials over Chinese spy balloon response
Senators were visibly angry as they pressed Pentagon officials on when they learned of the Chinese spy balloon, and why they waited so long to shoot it down.
Watch Senate hearing on the suspected Chinese spy balloon
Watch Senate Foreign Affairs Committee hearing on U.S.-China policy and competition
General Motors signs deal with GlobalFoundries for exclusive U.S. semiconductor production
GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips.
Turkey's President Erdogan declares 3-month state of emergency for quake-hit regions
Turkish President Recep Tayyip Erdogan declared a three-month state of emergency in 10 of the country's provinces Tuesday.
NYU's 'Dean of Valuation' says Adani Group exploited 'weakest links' in Indian institutions
The finance professor at the Stern school of business said fundamentals "never come into play" for Indian markets.
Mark Mobius: Adani had 'big problems' that put me off, but India still looks appealing
The head of Mobius Capital Partners said fraud accusations against Adani should be seen as isolated and wake investors up to the scale of the Indian market.
Web browser Opera is planning to incorporate ChatGPT
Niche web browser Opera is planning to integrate ChatGPT into its products, Opera's parent Kunlun Tech announced Wednesday.
The next 'White Lotus' is expected to be filmed in one of these locations in Asia
HBO smash hit "The White Lotus" led to soaring travel interest in its previous filming locations, Hawaii and Sicily. Now all eyes are on Asia for season three.
Toyota unveils new Grand Highlander, expanding hybrid crossover lineup
The Grand Highlander will be offered with three different engines, including two hybrids — setting it apart the Ford Explorer and Kia Telluride.
Spy balloon confirms 'pattern of Chinese behavior' that poses threat to NATO members, Stoltenberg says
Stoltenberg said European countries have seen an increase in Chinese intelligence activities.
U.S. explores working with India to increase economic competition against China, says Commerce Secretary Gina Raimondo
Commerce Secretary Gina Raimondo says a collaboration between the U.S. and India can compete with the Chinese semiconductor monopoly.
Chinese tech giant Alibaba working on a ChatGPT rival; shares jump
Alibaba joins a flurry of technology firms including Google and Baidu to respond to OpenAI and Microsoft's ChatGPT AI chatbot.
Chinese food delivery firm Meituan plans to hire 10,000 workers as U.S. tech giants ax jobs
Meituan's hiring spree is in contrast to Silicon Valley technology giants from Microsoft to Alphabet that have laid off thousands of workers.
Luxury brand Six Senses is opening its first hotel in Australia
The hotel is scheduled to open in 2025 on a 22-hectare estate called Burnham Beeches, located 25 miles from Melbourne in the Dandenong mountain range.
New photos show the Navy recovering downed China spy balloon off U.S. coast
A Chinese spy balloon was shot down on orders of President Joe Biden, and his administration is considering other actions, Sen. Chuck Schumer said.
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