Chinas
China’s CNOOC makes second big oil find in Bohai Sea
[BEIJING] China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100 million tons of oil equivalent in its...
Malaysia’s Petronas signs LNG supply deal with China’s CNOOC
[KUALA LUMPUR] Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC with 1 million tonnes per annum...
China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT[SHANGHAI] China’s renminbi climbed to a 15-month high against a...
China’s power reforms, global data centre buildout usher in battery boom
[BEIJING] A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that...
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing[HONG KONG] Semiconductor materials linchpin Resonac Holdings is eyeing solid...
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres[BEIJING] Top Chinese firms are training their artificial intelligence models abroad...
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey[FRANKFURT] Chinese automotive suppliers are inundating Germany with low-cost components, piling pressure on local manufacturers that...
As Elon Musk plans a robot army, China’s humanoid bots are already on the market
As Elon Musk touted plans to eventually manufacture an army of Tesla bots in Silicon Valley this month, humanoid robots were already being produced and sold to consumers in...
