A.I. researchers urge regulators not to slam the brakes on its development
AI researchers argue that there's little point in imposing strict regulations on its development at this stage, as the technology is still in its infancy.
CNBC Asia
China’s government bonds are in a ‘sweet spot' after sell off, says portfolio manager
Chinese government bonds offer higher yields and much lower volatility compared to U.S. Treasurys, said Wilfred Wee, portfolio manager at Ninety One.
Cheniere and Shell oil tankers change course to avoid Suez Canal as ships divert routes
At least ten ships are changing course as the Ever Given, one of the world's largest containerships, remains stranded across the Suez Canal along Egypt.
Suez officials hope massive container ship operational Saturday, can’t say when refloat will happen
The owners of the massive ship blocking the Suez Canal aim to refloat the vessel by Saturday night.
Suez Canal blockage is delaying an estimated $400 million an hour in goods
Lloyd's List values the Suez Canal's westbound traffic at roughly $5.1 billion a day, and eastbound traffic at around $4.5 billion a day.
Investors flock to European e-commerce start-ups hoping to take on Amazon
Venture capital firms and private equity investors are going wild for European e-commerce start-ups hoping to take on Amazon.
China's dual-listed tech giants lost $60 billion in market value over three days as delisting threats loom
As of their Friday close, $60 billion was wiped off the combined market cap of Alibaba, JD.com, Baidu and Netease in just three days.
Chinese electric car start-up Nio shuts factory for 5 days due to global chip shortage
Though the temporary shutdown will hit deliveries, Nio is on track for more car deliveries to start 2021 than rivals Xpeng and Li Auto.
Asia-Pacific stocks rise; Xiaomi surges in Hong Kong after report of electric vehicle partnership
Stocks in Asia-Pacific rose on Friday, with shares in mainland China and Japan among the biggest gainers regionally.
The U.S. will remain richer than China for the next 50 years or more, says economist
President Joe Biden said in his first official press conference since taking office that he will not let China become "the leading country" globally.
New signs show that China is cracking down on debt again
A first-quarter survey by the China Beige Book found that borrowing by state-owned enterprises dropped to the lowest in the study's roughly 10-year history.
North Korea says it launched new tactical guided missiles in recent test
The tests come as Pyongyang ignores invitations from Washington to discuss denuclearization.
Asia-Pacific shares mixed; tech stocks slip following Wall Street sell-off
The tech-heavy Nasdaq Composite fell about 2% overnight on Wall Street.
North Korea fires unidentified projectiles into Sea of Japan, U.S. allies say
The string of tests comes as Pyongyang ignores invitations from Washington to discuss denuclearization.
Top U.S. diplomat warns China threatens NATO security, calls for joint approach to counter Beijing
Blinken said the U.S. won't force allies into an "us or them choice," but called for a joint approach to counter China.
Hong Kong's Hang Seng index falls into correction territory as Asia-Pacific stocks largely decline
The World Health Organization said earlier this week that many regions globally are seeing an increase in new Covid-19 cases.
Fosun Pharma shares tumble nearly 5% after Hong Kong suspends BioNTech Covid vaccinations
Shares of Shanghai Fosun Pharmaceutical Group in Hong Kong fell 4.83% on Wednesday.
Chinese video platform Bilibili to raise $2.6 billion in Hong Kong listing
Bilibili said on Tuesday that it will price the 25 million shares it will issue at 808 Hong Kong dollars each.
Electric automakers must brace for rising battery materials costs, Goldman says
Growing demand for electric car batteries will cause prices of the main materials to surge, Goldman Sachs analysts said in a March 18 note.
BofA says Covid crisis will delay India overtaking Japan as third-largest economy by 3 years
A BofA Securities report said India should touch Japan's nominal GDP in dollar terms in 2031 if it grows at 9% annually.
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