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SYDNEY -- Neither advocates nor opponents of a security pact with Beijing won a majority in the Solomon Islands' parliamentary elections, results announced Wednesday for the last of the legislature's 50 seats show.
WASHINGTON -- U.S. Secretary of State Antony Blinken is due in China this week, with a principal objective of warning Beijing not to assist Russia's military production. But the trip comes at a time when China is increasingly concerned about the trajectory of the bilateral relationship, as Washington ramps up sanctions and tariffs to shield its domestic industry from Chinese rivals.
PALO ALTO, California -- Tesla reported a third straight quarterly profit drop on Tuesday as the U.S. electric-vehicle maker faces weakening EV demand in key markets, including China, where it faces growing competition from such local players as BYD.
The U.S. government moved closer to banning the video social media app TikTok after the House of Representatives attached the measure to an emergency spending bill on April 17, 2024. The House voted on each of the four components of the bill, and the one affecting TikTok passed 360-58 on April 20, 2024. The packaging is likely to improve the bill’s chances in the Senate, and President Joe Biden has indicated that he will sign the bill if it reaches his desk.
TikTok and its China-based parent company ByteDance combined to spend over $7 million so far this year to try and stop Congress from passing legislation that could ban the social media app in the United States.
Apple's iPhone sales dropped sharply in China in the first quarter of this year as the company saw strong competition from domestic brand Huawei, according to a new report from market research firm Counterpoint Research.
Tesla is set to report first-quarter earnings after the bell on Tuesday.
GENEVA — Asia was the world's most disaster-hit region by climate related hazards last year, the World Meteorological Organisation (WMO) said, with floods and storms causing the highest number of casualties.