Line chart of Hang Seng Tech Index, rebased to 0 as of December 31, 2024

    Hong Kong’s IPO revival faces host of spoilers

    HONG KONG, Jan 5 (Reuters Breakingviews) – IPO fever has caught on in Hong Kong in a big way. On Friday, shares in Shanghai Biren Technology (6082.HK), opens new tab zoomed up 76% after the Chinese artificial intelligence chip designer raised more than $700 million in its initial public offering. That came three days after…

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    Venezuela's crude oil exports

      US oil refiners win, Chinese rivals lose in Trump’s Venezuela strike

      LONDON, Jan 4 (Reuters) – The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald Trump’s plans to revive production in the Latin American country may…

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      Brenda Goh

        South Korea’s Lee begins China state visit after North fires missiles

        SHANGHAI, Jan 4 (Reuters) – South Korean President Lee Jae Myung began a state visit to China on Sunday, hoping to promote peace on the Korean Peninsula hours after rival North Korea launched ballistic missiles. The visit, Lee’s first to China since taking office in June, comes amid heightened global tensions after Pyongyang’s aggressive display,…

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        U.S. strikes Venezuelan capital

          World reacts to US strikes on Venezuela

          Jan 3 (Reuters) – Following are reactions to Saturday’s U.S. strikes on Venezuela. FRENCH PRESIDENT EMMANUEL MACRON “The transition to come must be peaceful, democratic, and respectful of the will of the Venezuelan people. We hope that President Edmundo González Urrutia, elected in 2024, will be able to ensure this transition as quickly as possible,”…

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            Taiwan vows to defend sovereignty after China’s military drill

            Taiwan president determined to boost defend sovereignty Proposal to boost military spending stuck in parliament Lai says 2026 a crucial year for Taiwan China’s Xi says ‘reunification’ cannot be stopped TAIPEI, Jan 1 (Reuters) – Taiwan President Lai Ching-te said on Thursday the island is determined to defend its sovereignty and boost its defence in…

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            Map showing five zones around Taiwan marked by China for December 30 military drills, and past drill areas.

              Taiwan stays on high alert as Chinese ships pull back after massive drills

              China’s drills involved rockets, warships, and aircraft near Taiwan Taiwan condemned drills as threat to regional security China’s exercises follow US arms package announcement for Taiwan Ambassadors from Quad nations meet in Beijing on Tuesday TAIPEI/BEIJING, Dec 31 (Reuters) – Taiwan remained on high alert on Wednesday after China staged massive military drills around the…

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              Map showing five zones around Taiwan marked by China for December 30 military drills, and past drill areas.

                China fires rockets towards Taiwan in war games simulating blockade

                China carrying out 10 hours of live-firing drills around Taiwan Chinese military rehearsing blockade of island’s north and south Taiwan watching if China fires missile over island, source says Taiwan says China is simulating strikes on U.S.-made weapons system TAIPEI/BEIJING, Dec 30 (Reuters) – China fired rockets toward Taiwan on Tuesday and deployed new amphibious…

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                Akash Sriram

                  US delays announcement of China chip tariffs until 2027

                  USTR says will impose new tariffs on Chinese chips in June 2027 Biden launched ‘Section 301’ probe into Chinese legacy chips a year ago Trump administration delay of chips tariffs aims to preserve China trade truce Dec 23 (Reuters) – President Donald Trump’s administration on Tuesday said it will slap tariffs on Chinese semiconductor imports…

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