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China may move toward U.S. path on AI as firms poach employees

China may move toward U.S. path on AI as firms poach employees

Tencent’s Chief AI Scientist Yao Shunyu (R) discusses the tech outlook with Tencent CNBC | Evelyn Cheng BEIJING — A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race. AI with human-level or above … Read more

China is making it harder for Mom and Pop to access U.S. stocks. Here’s who will benefit

China is making it harder for Mom and Pop to access U.S. stocks. Here’s who will benefit

Visitors walk by a large Chinese national flag painted on the side of a container at an outdoor market during the Golden Week holiday in Beijing, China, on Oct. 3, 2024. Kevin Frayer | Getty Images China is making it harder for retail investors to steer money to U.S. stocks, ramping up a longer-term shift … Read more

CNBC Daily Open: Trading the signals vs the noise

CNBC Daily Open: Trading the signals vs the noise

Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept. 4, 2025. Chance Yeh | Getty Images Entertainment | Getty Images Hello, this is Katie Foley writing to you from London. Welcome to today’s edition of the Daily Open … Read more

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

Workers make US flags ahead of the 2026 World Cup football tournament, at a factory in Qingdao, in China’s Shandong province on May 28, 2026. – | Afp | Getty Images BEIJING — China’s factory activity improved in May, a private survey showed Monday, beating expectations even as official data pointed to weaker momentum. The … Read more

Defense spending, China in Asia and lessons from Ukraine: Takeways from the 2026 IISS Shangri-La Dialogue

Defense spending, China in Asia and lessons from Ukraine: Takeways from the 2026 IISS Shangri-La Dialogue

SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue, … Read more

Japan seeks candid dialog, defense minister says, rejecting `neo-militarism’ claims

Japan seeks candid dialog, defense minister says, rejecting `neo-militarism’ claims

Japan’s Defense Minister Shinjiro Koizumi attends the 23rd Shangri-La Dialogue summit in Singapore on May 29, 2026. (Photo by JAM STA ROSA / AFP via Getty Images) Jam Sta Rosa | Afp | Getty Images “Japan’s door to dialog is always open” to the international community even as it increases defense spending and revises its … Read more

CNBC Daily Open: The ‘outwaiting’ game hampers Iran peace talks

CNBC Daily Open: The ‘outwaiting’ game hampers Iran peace talks

U.S. President Donald Trump (C-L) speaks during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win McNamee | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. In some ways, we end the … Read more

Nio surges 9% after releasing first flagship EV in more than two years

Nio surges 9% after releasing first flagship EV in more than two years

Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative for the brand as it launches the ES9 SUV, a car that CEO William Li Bin (L) touted as the largest SUV in China. Lintao Zhang | Getty Images News | Getty Images BEIJING — … Read more

Taiwan chip stocks climb after Nvidia announces $150 billion spending plans

Taiwan chip stocks climb after Nvidia announces 0 billion spending plans

Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026. Nvidia Nvidia is expanding heavily in Taiwan with a new campus and a tenfold increase in annual spending, CEO Jensen Huang announced Wednesday, as the chipmaker plans for artificial intelligence-powered growth. Taiwan’s Taiex stock index … Read more

China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds

China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds

BEIJING — China’s industrial profits in April surged by 24.7% from a year earlier, according to official data released Wednesday, marking the fastest growth since November 2023. The increase accelerated from a 15.8% rise in March, according to China’s biggest financial data provider Wind Information. For the first four months of the year, enterprise profits … Read more

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