AFP

Chinese tech giant Huawei’s chips still “lag behind the United States by one generation”, state media quoted its founder and CEO Ren Zhengfei as saying in a rare interview on Tuesday.Washington last month unveiled fresh guidelines warning firms that using Chinese-made high-tech AI semiconductors, specifically Huawei’s Ascend chips, would put them at risk of violating …

Huawei founder says chips still lag ‘one generation’ behind US Read More »

Indonesia revoked permits on Tuesday for four of the five mining companies operating in the eastern archipelago of Raja Ampat after activists shared videos of islands damaged by nickel extraction.The cluster of islands and shoals in Southwest Papua Province sits in the Coral Triangle and is thought to be one of the world’s most pristine …

Indonesia revokes most mining permits in dive hotspot after outcry Read More »

Asian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump’s top advisers saying he expected “a big, strong handshake”.There is optimism the negotiations — which come after the US president spoke to Chinese counterpart Xi Jinping last week — will …

Asian markets extend gains as China-US talks head into second day Read More »

In a world hungry for crucial resources, China may not be poised to start deep-sea mining but it is planting seeds for such operations in a meticulously planned economic and geopolitical strategy.The world’s oceans, both international waters and those under national jurisdiction, are rich in minerals and metals, like cobalt, nickel and copper.These are important …

China carefully assembling a deep-sea mining strategy Read More »

United States and Chinese officials are set to meet Tuesday for a second day of trade talks in London, seeking to shore up a shaky tariff truce in a spat further strained by export curbs.The gathering of key officials from the world’s two biggest economies began Monday in the historic Lancaster House, run by the …

US, China trade talks to stretch into second day Read More »

Global stocks were mixed Monday as markets monitored high stakes US-China trade talks and awaited key inflation data later in the week.Trade representatives for the world’s two biggest economies plan a second day of talks on Tuesday in London following an opening round on Monday. Although there were no breakthroughs, the market has welcomed the negotiations.”There’s …

Global stocks mixed as markets eye US-China trade talks Read More »