Honor announces AI assistant as it looks to get ahead of Apple in China

Honor announces AI assistant as it looks to get ahead of Apple in China

Huawei spin off Honor had one of the most prominent booths at Mobile World Congress in February 2023. It was right next to Samsung’s stand in a sign that Honor is targeting the South Korean firm in the premium end of the smartphone market. Arjun Kharpal | CNBC Honor announced its first artificial intelligence assistant … Read more

Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing

Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing

This picture taken on May 1, 2024 shows professors and students looking at a Minimal Fab, a small-scale semiconductor factory that does not require a clean room, at Tokyo University in Tokyo. (Photo by Yuichi YAMAZAKI / AFP) (Photo by YUICHI YAMAZAKI/AFP via Getty Images) Yuichi Yamazaki | Afp | Getty Images Japanese semiconductor equipment … Read more

stock market news: Stocks, bonds struggle for momentum into US jobs: Markets wrap

stock market news: Stocks, bonds struggle for momentum into US jobs: Markets wrap

Stocks, bonds and major currencies held to tight ranges Friday as traders prepared for US jobs data that will help determine the size of a Federal Reserve rate cut later this month. Shares in Japan fluctuated, as the yen stabilized after a rally this week, while those in Australia were little changed. Futures for US … Read more

Canada’s canola sector may see ‘billion-dollar hit’ in China probe: report

Canada’s canola sector may see ‘billion-dollar hit’ in China probe: report

As Canada’s canola farmers brace for potential impact from China’s new anti-dumping investigation into Canadian canola imports, a new report from an international credit rating agency suggests the move could lead to a “billion-dollar hit” for the country and its supply chain. Morningstar DBRS said in a report released Thursday that the investigation into canola … Read more

Volvo Cars cuts margin aims after ditching electric vehicle target

Volvo Cars cuts margin aims after ditching electric vehicle target

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024. Cfoto | Future Publishing | Getty Images Volvo Cars on Thursday scaled back its margin and revenue targets, after announcing it was no longer targeting 100% all-electric vehicle sales by 2030. … Read more

Honor Magic V3 launch: Specs, price, release date

Honor Magic V3 launch: Specs, price, release date

Honor launched the Magic V3 foldable smartphone in international markets as it steps up its challenge to Samsung. Honor Honor launched the Magic V3, its latest foldable smartphone, in international markets on Thursday as the Chinese tech company ramps up its challenge to Samsung in the fast-growing market. The handset, which has a screen that … Read more

Saudi Arabia’s fiscal breakeven oil price is rising fast

Saudi Arabia’s fiscal breakeven oil price is rising fast

An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia, on Wednesday, Oct. 3, 2018. Simon Dawson | Bloomberg | Getty Images Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for … Read more

Flashpoints identified in Africa, Asia and the Middle East

Flashpoints identified in Africa, Asia and the Middle East

A ship stranded in the growing salt flats of Lake Urmia in Iran. Hamed | Afp | Getty Images The diminishing availability of water resources across the globe should be considered one of the most pressing environmental security challenges of the century. That’s the view of one military geography and environmental security specialist, who recently … Read more

Chinese companies huge advantage vs. South Korea, Japan peers

Chinese companies huge advantage vs. South Korea, Japan peers

Pictured here in Nov. 2023 is a storefront for Chinese retailer Miniso in London. Peter Dazeley | Getty Images News | Getty Images BEIJING — Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses that went global: a large ethnic Chinese diaspora. That’s according to … Read more

Canola farmers say China retaliatory probe ‘one more thing’ to worry about

Canola farmers say China retaliatory probe ‘one more thing’ to worry about

Farmers are bracing for the potential impact of China’s new anti-dumping investigation into Canadian canola imports, which comes amid an already tumultuous year of economic and environmental challenges. China’s announcement Tuesday was in response to Canada planning to impose increased tariffs on Chinese-made electric vehicles, steel and aluminum. While the federal government says those tariffs … Read more