Asian shares are mixed after Nvidia nudges Nasdaq to a record, while other US stocks slump

BANGKOK — Shares in Asia traded mixed on Wednesday after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. Tokyo’s Nikkei 225 edged less than 0.1% lower, to 39,663.40. Investors are focusing on the potential impact of an election for the Upper House […]

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Nvidia’s CEO says it has US approval to sell its H20 AI computer chips in China

BANGKOK — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China’s state-run CGTN television network in […]

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Nvidia’s CEO says it has US approval to sell its H20 AI computer chips in China

BANGKOK — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China’s state-run CGTN television network in […]

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World shares are mixed as investors focus on tariffs and earnings

BANGKOK — World shares were mixed on Monday as investors focused on tariffs and corporate earnings updates. An announcement over the weekend by U.S. President Donald Trump that he plans 30% tariffs on goods from Mexico and the European Union had a modest immediate impact, as analysts said they expected progress toward trade deals before […]

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China’s exports jump 5.8% in June as tariffs reprieve prompts a rush of orders

BANGKOK — China’s exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers ahead of an August deadline. Exports climbed 5.8% from a year earlier, up from a 4.8% rise in May. Imports also recovered, growing 1.1% in the first increase so far this year, according […]

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US judge says China’s Huawei must face criminal case for racketeering

A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in racketeering, wire and bank fraud and other crimes BANGKOK — A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must […]

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Chinese factory activity improves slightly with delay on tariffs, but still lags

BANGKOK — Chinese factory activity improved somewhat in June after President Donald Trump agreed to delay imposing higher tariffs on imports from China for 90 days, but overall activity was still contracting, according to a survey released Monday. The purchasing managers index, which reflects new orders and other measures, rose to 49.7 from 49.5 in […]

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Asian shares are mixed after US stocks hit an all-time high

BANGKOK — Asian shares started the week with gains after U.S. stocks closed at an all-time high following their recovery from the shocks of the Trump administration’s trade policies. Canada’s decision to cancel a plan to tax U.S. technology firms that had led President Donald Trump to halt trade talks helped to steady the markets. […]

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Trump says US has signed a deal with China on trade, without giving details

BANGKOK — The U.S. and China have signed an agreement on trade, President Donald Trump said, adding he expects to soon have a deal with India. Commerce Secretary Howard Lutnick told Bloomberg TV that the deal was signed earlier this week. Neither Lutnick nor Trump provided any details about the agreement. “We just signed with […]

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World shares are mixed as markets take a breather after their recent wild ride

BANGKOK — World shares were mixed on Thursday and the U.S. dollar weakened as investors caught their breath following recent bouts of volatility. Traders were turning to U.S. updates on durable goods orders, jobs and consumer spending and what say about how President Donald Trump’s higher tariffs are affecting the economy, analysts said. Germany’s DAX […]

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