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The trade relationship between China and the United States has plenty of friction. But at least one area is booming: Chinese start-ups looking to establish a presence in the West are spending billions of dollars for advertisements on services owned by some of Silicon Valley’s biggest technology companies.
This is CNBC's live blog covering Asia-Pacific markets.
Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.
This is CNBC's live blog covering European markets.
PALO ALTO, California/TOKYO -- Trading house Itochu and investment company SoftBank Group are investing in Blue Laser Fusion, a nuclear fusion startup in the U.S. headed by a Japanese Nobel Prize winner in physics that is developing a method for stable power generation using proprietary laser technology.
SEOUL -- South Korea's Samsung SDI said Wednesday that it will begin mass production of solid-state batteries for electric vehicles and other applications in 2027.
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.
BEIJING (AP) — China has plenty of room to maneuver to attain its annual target for robust economic growth of about 5% after a strong start for the year, top economic officials said Wednesday, though they acknowledged it’s a challenge.