Former Apple engineer accused of stealing automotive trade secrets pleads guilty
Zhang was accused of downloading internal Apple files about the company's car project, including a 25-page document with engineering schematics.
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China's $89 billion e-commerce giant JD.com posts slowest quarterly growth on record
JD.com shares surged after it beat top and bottom line expectations in the second quarter but posted its slowest year-on-year revenue growth on record.
U.S. companies in Taiwan haven't seen 'appreciable' disruptions over China tensions, says AmCham survey
Most member companies of the American Chambers of Commerce in Taiwan said there has been no significant disruption to business despite escalating tensions.
China and India could become clean hydrogen leaders — but the industry has a long way to go, says CSIS
China and India have the potential to become world leaders in "clean" hydrogen, but the market is still in its infancy, said Jane Nakano, senior fellow at CSIS.
Once high-flying Chinese tech giants are now looking to scale back costs
Alibaba and Tencent have felt the effects of a Covid-induced economic slowdown in China which is hitting areas from consumer spending to advertising budgets.
Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake
An Australian bank plans to stop giving loans for new diesel and gasoline cars as the country tries to encourage the use of electric vehicles.
China issues first national drought emergency amid scorching temperatures
China is suffering from its worst heatwave in six decades as temperatures in dozens of cities surpass 40 degrees Celsius, or 104 degrees Fahrenheit.
'We've done enough' to rein in inflation, says Philippine central bank chief
The governor of the Philippine central bank said it has "done enough" to rein in inflation and ruled out the need for more aggressive interest rate hikes.
U.S.-China tensions are not helping Biden in inflation fight, economist says
Sachs, a Columbia University professor, said the Biden administration should not have continued Trump-era tariffs on China.
Goldman Sachs and Nomura both cut China's GDP outlook, again
The cuts represent continued pessimism among investment banks over Beijing's growth target of around 5.5%.
As gaming sales slump, China's Tencent signals a hot ad trend it's betting on
Tencent said advertising in its nascent short video platform could become a "substantial" revenue source as other areas of its business face pressure.
Japanese support for a nuclear restart is at its highest since Fukushima disaster, says former IEA executive director
It's the first time since the disaster that public support for a nuclear restart is over 60%, said Nobuo Tanaka, citing a possible energy crunch as a reason.
Tencent, the $370 billion Chinese tech giant, posts first ever revenue decline
Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid hit the tech giant.
BlackRock makes $700 million investment in Australian battery storage
BlackRock says Akaysha has plans to develop energy storage projects in a range of Asia-Pacific markets.
China’s $370 billion tech giant Tencent could post its first revenue decline on record
A Covid-induced slowdown in the Chinese economy and continued challenges in the domestic gaming market could prove strong headwinds for Tencent.
Pakistan's finance minister says the country has avoided a Sri Lanka-like default crisis
Pakistan's finance minister said the government has taken steps that'll put the country on the right track but added that the measures will cause pain.
Chinese food delivery giant Meituan tanks 9% after Tencent reportedly plans to divest $24 billion stake
Tencent, which owns 17% of Meituan, is planning to placate domestic regulators and cash in on its eight-year-old investment, Reuters reported.
SoftBank-backed Ola to launch first electric car in 2024
Ola's venture into India's electric car market will see it compete with companies like Tata Motors.
U.S. Navy is seeing more 'unsafe' aerial intercepts by China, says Seventh Fleet commander
Karl Thomas said on Tuesday that he's seen a increase in "unsafe" aerial intercepts by Chinese military in the South China Sea region.
Malaysia’s fourth quarter will be 'the challenge' for its economy, says finance minister
The fourth quarter will be "the challenge" for Malaysia's economy if the Russia-Ukraine war and China's zero-Covid policy persist, said Zafrul Aziz.
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