On today’s episode of CNBC Crypto World, bitcoin stumbles after Chinese startup DeepSeek reveals an AI model that puts the U.S. dominance in artificial intelligence in question and leads to a sell-off of tech stocks.
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Ascentage Has First U.S. Biotech IPO of 2025, Raising $126M to Bring Its Cancer Meds to the World
Ascentage Pharma’s U.S. IPO will support clinical testing of its two lead drugs, small molecules in development for advanced cases of certain blood cancers.
Harbin Researchers Sidestep US Sanctions as China’s EV Exports Hit a Standstill in 2025
U.S. sanctions restrict the sale of Extreme Ultraviolet (EUV) lithography equipment to China. However, researchers at the Harbin Institute of Technology recently developed a new …
China signals willingness to repatriate confirmed Chinese nationals from the US
China said on Monday it is willing to repatriate confirmed Chinese nationals from the United States, as U.S. President Donald Trump has threatened tariffs and sanctions on some countries if they do …
What DeepSeek Means for the U.S.-China Tech Battle
Artificial intelligence has been at the center of the U.S.-China technology battle, fueling a so-called AI arms race and a spate of export controls from the U.S. aimed at restricting China’s access to …
What is DeepSeek? Why China’s latest AI model is spooking Wall Street and Silicon Valley
Wall Street and Silicon Valley were in a tailspin on Monday due to the stunning rise of DeepSeek – a Chinese artificial intelligence startup that claims to have developed an advanced model at a
Wall St opens sharply lower as China’s AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into…
Wisconsin business leaders support tariffs on China, new WMC survey says
In response to unfair trade practices, 86% of Wisconsin business leaders support President Donald Trump’s plan to impose tariffs on goods imported from China, according to a new poll by Wisconsin Manufacturers & Commerce.
Thai businesses face up to $30M in losses from China’s syrup import ban
Thai businesses could suffer losses of up to 1 billion baht (US$29.5 million) following China’s ban on sugar syrup and premixed powder imports from Thailand, insiders reported.
Emergence of China’s DeepSeek AI Firm, and R1 Platform, Craters Everyone Else. Worries Rise About Chinese Government Influence
DeepSeek is cratering markets this morning as the alternative to ChatGPT, Grok, Gemini, etc.; it is said to provide better results, use fewer resources, and …
China’s net gold imports via Hong Kong slump in December
China’s net gold imports via Hong Kong in December fell 84% from the previous month, dropping to their lowest since April 2022, Hong Kong Census and Statistics Department data showed on Monday. WHY IT …
China’s factory activity contracts in January for the first time in four months
China’s most important festival, this year’s public holidays will begin on Tuesday and continue until 4 February. It is the time when millions of people leave the cities to travel back home for a rare…
Qiming Venture Partners’ Portfolio Company HyperStrong Successfully Listed on STAR Market
Beijing Time, Qiming Venture Partners’ portfolio company HyperStrong, a leading provider of battery energy storage systems (BESS) in China, successfully debuted on the Shanghai Stock Exchange’s …