ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings on Wednesday, although sales to China held up despite U.S.-led restrictions. Shares in Europe's biggest tech firm, which had risen 34% this year, were down 4.5% to 873.40 euros at 0741 GMT The Dutch group is seeing a lull in demand for its most advanced machines, but gearing up for strong growth in 2025 due to strong demand for AI and memory chips, including from TSMC of...
On March 28, the Chinese Mission held the first Media Salon of 2024.
The boom in renewable energy installations in China is exacerbating a
The boom in renewable energy installations in China is exacerbating a
"That's Concerning": US Indo-Pacific Commander Warns China Becoming More Aggressive As Economic Recovery "Failing" One of the biggest questions of our time is whether China and the United States can escape Thucydides's Trap. It seems that, in the short term, the US will likely avoid direct conflict with China, but in the long term, there will be a slow march toward conflict in the Indo-Pacific region. On Tuesday, Admiral John Aquilino, the head of the US Indo-Pacific Command...
The skin toasted Australian Minister of Defence, Richard Marles, who resembles, with each day, the product of an overly worked solarium, was adamant. Not only will Australians be paying a bill up to and above A$368 billion for nuclear powered submarines it does not need; it will also be throwing A$100 billion into the coffers of More
China, Australia's biggest trading partner, is tipped to suffer the most severe economic slowdown in almost 50 years. Here's what it means for government revenue ahead of the May Budget.
The world’s second-largest economy started the year on solid footing, as China’s factories revved up. Analysts warn that growth will be tough to maintain without broader improvement.
China’s exports fell in March, dealing a blow to hopes that global demand would continue to help drive growth in the world’s second-largest economy.
Truist Financial Corp. posted lower first-quarter lending profits than
Infosys Ltd. forecast tepid sales growth for the year, a sign that overseas clients are limiting tech spending until the global economy picks up speed.
By Diksha Madhok and Rachel Wilson, CNN New Delhi/London (CNN) — In just a few days, India will commence the world’s largest democratic election. An estimated 960 million people in a country of 1.4 billion are eligible to vote in the polls, which start on Friday and will take more than a month to complete.