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US: China lags in AI chips, but catching up fast

Huawei can make 200,000 AI chips in 2025, US says

WASHINGTON, D.C.: The U.S. government estimates that Huawei will only be able to manufacture up to 200,000 advanced AI chips next year—well...

Chime soars in debut, giving fintech sector a much-needed boost

Chime IPO pops 59%, valuing digital bank at $18.4 billion

SAN FRANCISCO, California: After months of muted IPO activity in the fintech world, digital bank Chime Financial reignited investor...

Switch 2 breaks Nintendo record with 3.5M units sold in 4 days

Nintendo Switch 2 becomes fastest-selling console ever

TOKYO, Japan: Nintendo's latest console is off to a roaring start. The company says it has sold over 3.5 million units of the newly...

U.S.-China trade progress lifts oil prices to multi-week peak

Oil hits 7-week high on U.S.-China deal and easing inflation

LONDON, UK: Crude prices surged this week as investors welcomed fresh signs of progress in U.S.-China relations, lifting hopes of reduced...

Debt fears drive fund outflows from US, inflows to Europe

Investors shift billions from US stocks to Europe, Asia

NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...

Japan celebrates new sumo grand champion

Onosato becomes first Japanese sumo yokozuna Since 2017

TOKYO, Japan: Japan has a new top sumo wrestler — and he's Japanese. Onosato, who weighs 191 kilograms (421 pounds), has become a yokozuna,...

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