Tencent releases AI model for businesses as competition in China heats up
Dowson Tong, CEO of the cloud and smart industries group at Tencent, spoke with CNBC’s Emily Tan in an exclusive interview ahead of a big AI reveal.
Financial News
Commerce Secretary Raimondo: U.S. businesses are ‘desperate for some kind of dialogue’ with China
Commerce Secretary Gina Raimondo discussed the economic relationship between the U.S. and China with CNBC’s Jim Cramer.
Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
Chinese companies from BYD to Leapmotor launched electric vehicles for international markets while Xpeng announced plans to expand into Germany.
U.S. Commerce Secretary says she ‘didn’t pull any punches’ during recent visit to China
Gina Raimondo met with Chinese officials in a high-stakes trip this week.
EU economics chief says Europe is gripped by a ‘double crisis’ — but it can avoid a recession
Europe can avoid a recession, Paolo Gentiloni, the European Commissioner for economic affairs, told CNBC on Saturday.
Russia’s Putin says he will soon meet with China President Xi as war in Ukraine drags on
The upcoming meeting comes amid steady gains by Ukrainian forces on the battlefield.
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
Southeast Asia’s first high-speed train – a boon or bust for Indonesia’s economy?
The project is funded by PT KCIC and was expected to be completed by 2019 but has since been held back by operational delays and a $1.2 billion budget overrun.
One part of China’s consumer market is holding up against a broad slowdown
Segments of China’s consumer market have seen resilient spending this summer.
Goldman Sachs unloads another business acquired under CEO David Solomon
Amid CEO David Solomon’s push to unload or shutter several businesses tied to his retail banking plan, the high net worth business was deemed too small.