CNBC's The China Connection newsletter: Waiting for AI to lift the whole market
China’s economy sees a lift from artificial intelligence-related industries, while real estate and domestic demand remain lackluster. Source link
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A Chinese start-up’s dilemma exposes cracks in Beijing’s tech funding
HANGZHOU, CHINA – JUNE 02: General Secretary of the Lao People’s Revolutionary Party Central Committee and Lao President Thongloun Sisoulith watches DR02 humanoid robot performance at Deep Robotics on June 2, 2026 in Hangzhou, Zhejiang Province of China. Wang Gang | China News Service | Getty Images The rush of capital into China’s tech start-up…
Defense spending, China, Ukraine: Shangri-La Dialogue 2026 takeaways
SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue,…
Japan seeks dialog, rejects neo-militarism label: defense minister
Japan’s Defense Minister Shinjiro Koizumi attends the 23rd Shangri-La Dialogue summit in Singapore on May 29, 2026. (Photo by JAM STA ROSA / AFP via Getty Images) Jam Sta Rosa | Afp | Getty Images “Japan’s door to dialog is always open” to the international community even as it increases defense spending and revises its…
Nio shares jump 10% after releasing first flagship EV in more than two years
Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative for the brand as it launches the ES9 SUV, a car that CEO William Li Bin (L) touted as the largest SUV in China. Lintao Zhang | Getty Images News | Getty Images BEIJING —…
Taiwan chip stocks climb after Nvidia announces $150 billion spending
Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026. Nvidia Nvidia is expanding heavily in Taiwan with a new campus and a tenfold increase in annual spending, CEO Jensen Huang announced Wednesday, as the chipmaker plans for artificial intelligence-powered growth. Taiwan’s Taiex stock index…
SK Hynix, Micron join $1 trillion club: CNBC Daily Open
SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. The…
European companies double down on China manufacturing despite EU de-risking push
Steam cracker units at the BASF Zhanjiang Verbund site in Zhanjiang, Guangdong province, China, on Thursday, March 26, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber…
China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds
Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s industrial profits surged by 24.7% in April from a year earlier, according to official data released Wednesday, despite broader signs of…
Wall Street set for a winning week
Traders work on the floor of the New York Stock Exchange during morning trading on May 21, 2026 in New York City. Michael M. Santiago | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. What a difference a week makes. On Monday,…