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PALO ALTO, California – Trading house Itochu and investment company SoftBank are investing in Blue Laser Fusion (BLF), a nuclear fusion startup in the U.S. developing technology for stable electricity generation using proprietary laser technology.
China wants to unleash a "new leap forward" with "new productive forces" — but President Xi Jinping may need to resort to an old tactic to hit the country's ambitious growth target this year, one economist warns.
HANOI, Vietnam (AP) — Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record.
BEIJING (AP) — China’s blueprint for its economy in 2024 is replete with goals and promises, but it’s also notable for not spelling out specific moves to attain long-promised reforms that foreign businesses and investors have been hoping for.
China's GDP target of 5% for 2024 is possible, but it won't be easy to achieve, Hong Kong's financial secretary told CNBC Tuesday after Beijing set a growth target of "around 5%" for this year.
When it comes to legal disputes, Elon Musk's definition of victory may not always be winning in court.
PALO ALTO, California -- The distance traveled by major Chinese companies' self-driving cars in California road tests plunged about 70% last year, official data shows, in another sign of the U.S.-China rift over advanced technology.
