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2 mins read
China spends at least $230 billion trying to win the EV race, study finds
Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufa…
Tom Carter
6 mins read
Everything you wanted to know about the market meltdown but were too afraid to ask
We're only six days into the month, but investors are probably already sick of August after another…
Dan DeFrancesco
4 mins read
Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery
Countries are trying everything to combat declining fertility rates, with some eye-popping approach…
Joshua Zitser
5 mins read
Asia's governments think people not having sex or dating may be tanking their birth rates. That's not the full picture.
One expert told BI that there is "very little, if hard any evidence at all" to show that pro-natali…
Kwan Wei Kevin Tan
2 mins read
The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports
Chip giants ASML and TSMC have a remote shutdown option for their advanced EUV chipmaking machines,…
Huileng Tan
3 mins read
A millennial who switched from working on oil rigs to wind turbines says he's been promoted faster in renewable energy
Shaun Mitchell advanced from a wind technician to a supervisor within a few years after leaving the…
Catherine Boudreau
2 mins read
The Taiwan earthquake puts the vulnerability of the world's biggest chipmaker on full display
A 7.2-magnitude earthquake in Taiwan disrupted the operations of TSMC, one of the world's most impo…
Huileng Tan
1 min read
South Korean companies are offering workers $75,000 to have babies amid the country's desperate bid for more children
One firm, a construction company in Seoul, said it's giving out $75,000 to workers who had babies f…
Matthew Loh
5 mins read
As China's navy grows, the US fleet is on a 'downward trajectory,' maritime expert says
The US Navy is still the world's most powerful. But as pressure grows around Taiwan, the pace of de…
Polly Thompson
2 mins read
New parents in South Korea are getting $750 every month as Seoul launches its 'birth encouragement' gambit to slow population decline
The South Korean government, racing to rescue declining birth rates, upped the monthly subsidy from…
Matthew Loh
2 mins read
Sam Altman wants to raise up to $7 trillion. That's, uh, a lot of dough.
OpenAI, the company behind ChatGPT, needs more computing power. CEO Sam Altman has a plan for that …
Katie Notopoulos
3 mins read
China has a birth-rate problem. It's also the 2nd-least affordable country in the world to raise a child, says a Beijing think tank.
China is one of the most unaffordable places in the world to raise a child, ranking higher than the…
Matthew Loh
2 mins read
China's so desperate to get people to marry and have babies, one county is offering $137 as a 'reward' if the bride is 25 years old or under
A county in the Zhejiang province said the move is to promote "age-appropriate marriage and childbe…
Huileng Tan
4 mins read
China's led the EV race – but it may be running out of charge
The world has woken up to China's control over the materials for electric-car batteries while a slu…
Nathan Rennolds
5 mins read
The odds of no interest-rate cuts in 2024 are growing
In today's big story, we're looking at the chances of there being no rate cuts this year, and how t…
Dan DeFrancesco
9 mins read
Elon Musk relied on China to fuel Tesla's rise. Now Beijing is turning on him.
Tesla, Ford, and GM better watch out: China's next target is America's auto industry.
Linette Lopez
2 mins read
A Chinese city is offering couples almost $2,900 to have a third child and some others are giving newlyweds paid marriage leave to help boost the birth rate
China's grappling with a demographic crisis as its population has started shrinking for the first t…
Huileng Tan
4 mins read
Phoenix's big moment: How Mayor Kate Gallego is capitalizing on the 'semiconductor revolution' to establish the next global city
As TSMC and other semiconductor companies ramp up in Phoenix, Mayor Kate Gallego is working to brin…
Jacob Zinkula
8 mins read
How Georgia became America's green-manufacturing capital
Development experts say it's no accident green manufacturing is taking off in Georgia, due to aggre…
Catherine Boudreau
4 mins read
The most interesting part of China's stimulus announcement was the omission of a key phrase that ignited the 2020 crackdown on the real-estate sector
President Xi Jinping famously said "Houses are for living in and not for speculation" in October 20…