China’s $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
China’s new third chip fund will likely focus on advanced chips and establishing the entire…
World
Russia plans higher taxes for rich, companies as cost of Ukraine war mounts
New tax thresholds and hike in corporation tax are expected to raise about 2.6 trillion…
How Temu parent PDD dethroned Alibaba to become China’s most valuable e-commerce company
PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its…
Russia-Ukraine war: List of key events, day 824
As the war enters its 824th day, these are the main developments.
Melinda French Gates says she’s donating $1bn in support of women, families
Philanthropist says it is ‘frustrating’ that some believe it is not the right time to…
IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures
The International Monetary Fund raised its forecast for China’s growth this year to 5%, from…
Closing arguments wrap up in Trump’s hush-money trial: Here’s what to know
Jurors will now deliberate before delivering a verdict in historic New York trial against former…
The art project aiming to keep Australia’s Indigenous people out of jail
Aboriginal people make up a third of all people in Australian prisons, but The Torch…
CNBC Daily Open: Nasdaq tops 17,000; Exxon faces shareholder revolt
Texas Instruments has become the latest company targeted by activist investor Elliott, which has taken…
Haiti transitional council names Conille prime minister amid gang violence
Garry Conille, who briefly served in the role from 2011 to 2012, has since worked…
Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
Cost-conscious Chinese consumers are increasingly picking cheaper tourist destinations at home instead of going overseas.
Former spy chief Dick Schoof proposed as Dutch PM
Schoof, 67, is currently the top official at the justice ministry and a former head…
Former FTX executive Salame sentenced to 7.5 years in US prison
Ryan Salame pled guilty to tens of millions of dollars in unlawful campaign donations for causes…
Ireland, Norway and Spain recognise Palestine as an independent state
Palestine has been formally recognised as an independent state by Ireland, Norway and Spain.
Israel’s Rafah assault could halt last functioning hospital, WHO warns
WHO says a ‘full incursion’ into the Gaza city will only leave ill-equipped field hospitals…
How tenuous is the peace deal between Egypt and Israel?
Exchange of fire at Rafah border crossing comes amid fragile political relations.
US says Gaza pier being repaired as aid groups urge more consistent routes
Humanitarian groups say US-built pier having ‘little impact’ and warn ability to deliver aid to…
US opens up banking to private Cuban businesses to boost small firms
The measures allow independent entrepreneurs to open and access US bank accounts online to support…
After massacre in Gaza’s Rafah, advocates ask: Where is Biden’s red line?
Biden is allowing Israel to ‘operate with impunity’ despite his warnings against an assault on…
HubSpot shares jump on talks of potential Google deal
HubSpot shares rose Tuesday after CNBC’s David Faber reported that Alphabet is in talks about…
