
China’s SMIC Trials First Domestic Advanced Chipmaking Equipment for AI Processors
Sep 17, 2025 01:02 am UTC| Technology Business
Semiconductor Manufacturing International Corp (HK:0981), Chinas largest chipmaker, is conducting trials on the countrys first domestically built advanced chipmaking equipment, according to the Financial Times. The...

China Backs TikTok Deal as U.S. Ownership Talks Advance
Sep 17, 2025 01:00 am UTC| Politics Business Technology
China has welcomed the framework deal to transfer TikToks U.S. assets to American ownership, calling it a win-win move that reflects mutual respect and cooperation. The agreement, reached in Madrid, would shift control of...

Akeso Secures U.S. Orphan Drug Status for Cancer Therapy Ligufalimab
Sep 16, 2025 06:14 am UTC| Business Health
Chinese biotech company Akeso Inc. (HK:9926) announced that its experimental cancer drug ligufalimab (AK117) has received Orphan Drug Designation (ODD) from the U.S. Food and Drug Administration (FDA) for the treatment of...

OpenAI Hires Former xAI CFO Mike Liberatore as Business Finance Chief
Sep 16, 2025 05:29 am UTC| Technology Business
OpenAI has appointed Mike Liberatore, former Chief Financial Officer at Elon Musks xAI, as its new business finance officer, according to a report by CNBC. Liberatore officially joined the Microsoft-backed artificial...

Uniqlo Founder Warns U.S. Faces Biggest Risk from Global Tariffs
Sep 16, 2025 05:07 am UTC| Business
Tadashi Yanai, the billionaire founder of Uniqlo and chief executive of parent company Fast Retailing, has warned that the United States could face the steepest consequences from escalating global trade tariffs. Speaking...

Trump Files $15 Billion Defamation Lawsuit Against New York Times
Sep 16, 2025 05:06 am UTC| Politics Business Law
U.S. President Donald Trump announced Monday evening that he is filing a $15 billion defamation lawsuit against the New York Times (NYSE: NYT), accusing the newspaper of bias and unlawful support for Democrats. In a social...

Oracle Emerges as Key Player in Potential TikTok Deal Amid U.S.-China Talks
Sep 16, 2025 05:03 am UTC| Business Technology
Oracle Corporation (NYSE: ORCL) is reportedly part of a consortium that could secure TikToks future in the U.S., according to CBS News. The framework deal, still under discussion between Washington and Beijing, may involve...
China Signals Subtle Treasury Pullback: Banks Urged to Ease US Debt Exposure
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