News

In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.

Philip Belamant, Zilch's CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.

Hangzhou, capital of the eastern Zhejiang province and home to Alibaba and other tech companies, ranked first in this year's rankings.

Americans' spending on international trips has underpinned overall travel strength.

Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe questioned on "Squawk Box Asia."

China's first attempt at a top-tier video game has smashed world records, bolstering the industry's global ambitions after Beijing's gaming crackdown.

"It's been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight," Oaktree's Howard Marks said.

The discount retailer slashed its guidance for full-year same-store sales and profit.

Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting that China hoped the U.S. would find "a right way" to get along.

Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.

The announcement came amid U.S. national security adviser Jake Sullivan's trip to Beijing this week to meet with Wang Yi, China's top diplomat.

Academics who helped pioneer research on 401(k) auto-enrollment find effects such as leakage blunt its long-term impact.