Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed AI startup is currently being valued at $4.8 billion in a fresh funding round, two people with knowledge of the deal said, just weeks after it was valued at $4.3 billion. Moonshot AI is the…
A screenshot of the PixVerse AI video generation home page showing sample clips. Screenshot BEIJING — An Alibaba-backed startup is pushing artificial intelligence toward real-time, interactive video creation. PixVerse on Tuesday released an AI tool that allows users to control how a video unfolds while it is being generated. And just like a movie director,…
A tower crane stands above residential buildings in an urban district in the afternoon light, on January 9, 2026, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images BEIJING — China’s push into high-tech industries isn’t large enough to offset the country’s property slump, leaving the economy more exposed to trade tensions,…
Real Estate Projects in Yantai, Shandong, China on January 5, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers may be finally warming to the idea of tackling the country’s worsening real estate slump, raising expectations that stronger support measures could be coming later this year. The Communist Party’s official journal Qiushi, which means “seeking truth,” kicked…
Chinese Foreign Minister Wang Yi (R) and Venezuela’s Foreign Minister Yvan Gil shake hands before their meeting at the Diaoyutai State Guesthouse in Beijing on May 12, 2025. FLORENCE LO / POOL / AFP BEIJING — Even as China eyes new opportunities to build global influence in the wake of the U.S. attack on Venezuela,…
Trader Peter Tuchman wears “2026” glasses as traders work on the floor of the New York Stock Exchange at the opening bell on Dec. 31, 2025. Timothy A. Clary | Afp | Getty Images The new year is starting off looking a lot like the old one. The first trading day of 2026 kicked off…
Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. Angelika Warmuth | Reuters BEIJING — China is set to tighten controls on silver exports from Thursday, expanding restrictions on the once-ordinary metal critical to the U.S. industry and defense supply chains. Tesla…
Two Xiaomi electric car models in different colors are pictured here on Nov. 2, 2025. Sopa Images | Lightrocket | Getty Images BEIJING — China’s electric car boom is ending in 2025 on a soft note, with sales dipping and analysts warning that a fierce price war is likely to persist. Not only did Tesla see its sales drop by 7.4% from…
A selection of one kilogram silver bars at Conclude Zrt bullion dealer arranged in Budapest, Hungary, on Monday, Feb. 17, 2025. Akos Stiller | Bloomberg | Getty Images One of the best trades of the year just staged a massive reversal overnight. Silver slid 7% on Monday, after topping $80 an ounce for the first…
This photo taken on February 2, 2024 shows Lu Yu, head of Product Management and Operations of Wantalk, an artificial intelligence chatbot created by Chinese tech company Baidu, showing a virtual girlfriend profile on her phone, at the Baidu headquarters in Beijing. Jade Gao | Afp | Getty Images BEIJING — China plans to restrict…
