China to help electric vehicle industry respond to foreign trade restrictions
China’s commerce ministry urges the new energy vehicle industry to proactively address foreign trade restrictions and collaborate with international companies.
Google says Singapore has ‘very high’ potential to be a global AI hub
“In order for AI to really deliver on its potential, you need really good public and private partnerships,” Caroline Yap of Google Cloud told CNBC.
China expresses concerns to U.S. over tariffs, sanctions in Beijing talks
Chinese financial officials voiced concerns to U.S. Treasury visitors about tariffs, investment restrictions, and sanctions on Chinese firms, said the ministry.
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
The telecom operator plans to acquire a 50% stake in Lawson, taking it private with trading house Mitsubishi Corp, which owns the other 50%.
Woodside Energy ceases talks on $52 billion Santos merger
Australia’s Woodside Energy said on Wednesday it had ended talks with Santos to create a possible AU$80 billion ($52.22 billion) global oil and gas giant.
CNBC Daily Open: No letup in tech layoffs
There appears to be no letup in Silicon Valley’s march to downsize, or rather to “right-size.”
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Arthur Laffer
The world is looking at a debt crisis that will span the next 10 years and it’s not going to end well, economist Arthur Laffer has warned.
House rejects Israel aid bill amid fight over bipartisan border package
House Republicans brought up an Israel-only aid bill Tuesday after lashing out against a bipartisan Senate immigration bill that included assistance for Israel, Ukraine and Taiwan.
Asia markets mostly rise as investors assess corporate earnings; Japan’s Nikkei falls
Asia-Pacific stocks were mostly higher Wednesday as investors assessed corporate earnings and China’s efforts to bolster its market.
Bhutan’s new ‘Mindfulness City’ is massive — with plans showing a city unlike any other in the world
Like Saudi Arabia’s linear city, called The Line, Bhutan’s “Gelephu Mindfulness City” shows how modern cities may look and function in the future.
