A federal appeals court has offered President Donald Trump a chance to obtain a stay of a ruling that threatens to upend much of his tariff agenda, offering at least some hope to the White House as it faces a raft of new constraints in its efforts to reshape the global trading order. The US […]

The vast majority of President Donald Trump’s global tariffs have been ruled illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda. On Wednesday, a three-judge panel of the US Court of International Trade in Manhattan unanimously ruled in favor of the Democratic-led states and small […]

For decades, Asian export powers have been pursuing a simple financial strategy: selling goods to the United States and then investing the proceeds in US assets. As Donald Trump attempts to reshape global trade and the US economy, subverting the logic behind the $7.5 trillion investment in Asia, this model is now facing its greatest […]

Japan’s overseas assets have reached a record high, but it has lost its position as the world’s largest creditor nation for the first time in 34 years. Data released by Japan’s Ministry of Finance on Tuesday showed that Japan’s net foreign assets reached 533.05 trillion yen (about 3.7 trillion US dollars) by the end of […]

As the content of the discussion has not been made public, the sources requested anonymity. One of the sources said that the plan will prioritize technologies including chip manufacturing equipment over the next decade. He also added that the plan may not use the previous name to avoid criticism from Western countries. One of the […]

In the world’s largest bond market, investors are opposing President Donald Trump’s tax cut plan. On Wednesday, these measures pushed the benchmark 30-year US Treasury yield up to 5.1%, just below the highest level in two decades, and triggered a decline in the stock market and the dollar. Meanwhile, government officials were meeting with Republican […]

As large technology companies increasingly recognize the strategic importance of chip technology, Xiaomi plans to invest at least 50 billion yuan (6.9 billion US dollars) in the next decade to develop its own mobile processors, in an effort to enhance its semiconductor influence. Xiaomi co-founder and billionaire Lei Jun wrote on China’s Weibo on Monday: […]

China’s industrial output grew faster than expected in April, highlighting the resilience of the world’s second-largest economy and sparking optimism about growth after a rapid easing of trade tensions with the United States. According to data released by the National Bureau of Statistics on Monday, industrial output by large enterprises rose 6.1% year-on-year last month, […]

Alibaba Group Holding Ltd.’s quarterly revenue rose by a disappointing 7%, reflecting that the continued sluggishness of Chinese consumers may hamper the online commerce leader’s major shift towards artificial intelligence. The company reported sales of 236.5 billion yuan (about 32.8 billion US dollars) for the March quarter, slightly below the average estimate of 237.9 billion […]

腾讯控股有限公司的营收增速达到三年多来的最快水平，增强了投资者对这家中国游戏和社交媒体领导者将挺过 2025 年潜在全球经济衰退的预期。 这家微信运营商公布，3月份当季销售额增长13%，至人民币1800.2亿元（约合250亿美元），增幅快于预期。净利润增长14%，至人民币478亿元，低于预期，部分原因是人工智能研究和项目支出增加。 这些数据或许能让那些认为中国市值最高的公司腾讯能够​​抵御特朗普政府关税行动带来的经济动荡的投资者信心倍增。其股价在2025年已上涨25%。然而，腾讯运营着庞大的云计算、广告和金融科技服务业务，容易受到经济冲击和国内消费放缓的影响。其主要支持者Prosus NV的股价在欧洲一度上涨4.2%。 腾讯是DeepSeek引发的中国科技复兴的最大受益者之一，该公司今年 1 月发布的 R1 模型颠覆了美国在人工智能领域的主导地位，重新点燃了人们对本土技术的兴趣。 与许多竞争对手一样，腾讯高管周三回答了一系列关于公司如何利用人工智能盈利的问题。他们重申了对人工智能开发投入的承诺——这笔支出可能会抑制利润增长。但高管们表示，通过将这项技术整合到从微信到游戏和聊天机器人等一系列产品中，腾讯应该能够获得更长期的收入。 首席战略官詹姆斯·米切尔在电话会议上告诉分析师： “在人工智能部署方面，我们正处于一个未知领域，这不仅对腾讯而言，对整个世界而言都是如此。腾讯已经经历了许多阶段，将新产品培育到临界规模和相当受欢迎的程度。” 彭博行业研究分析师分析师Robert Lea和Jasmine Lyu表示，腾讯第一季度业绩虽然略有超出预期，但更令人安心的是，尽管面临关税不确定性，其业务仍有望实现稳健的增长。本季度，国内视频游戏业务表现突出，尽管运营支出高于预期，但调整后营业利润率仍环比提升 400 个基点至 38.5%。人工智能定向广告再次推动了广告增长，但鉴于地缘政治紧张局势和不确定的经济环境，下半年仍面临风险。 腾讯在回应有关针对英伟达公司芯片的制裁可能扰乱其人工智能发展的担忧时重申，目前其拥有足够的半导体和软件能力。 去年年底，这家深圳企业集团迅速抢购人工智能芯片，以满足云客户日益增长的需求。自与DeepSeek的产品整合以来，其旗下包括微信和类似ChatGPT的元宝在内的应用用户不断增长。 总裁刘炽平表示：“我们应该有足够的高端芯片来继续进行几代模型的训练。”