World News

Tess Torelli January 9, 2018

China is also building a $50 billion “economic corridor” in Pakistan, connecting Xinjiang to Arabian Sea port cities of Gwadar and Karachi with a network of highways and high-speed rail services. Pakistani ports are supposed to keep open China’s access to the Middle East and Africa — and beyond — in case, as some Chinese […]

Tess Torelli January 8, 2018

Over in Asia, Japanese stocks looked set to jump at the open as markets re-opened following a long weekend. Nikkei futures traded in Chicago were up 1.01 percent at 23,955 and Osaka futures were 0.4 percent higher at 23,810. The benchmark Nikkei 225 index rose to its highest levels in 26 years in the last […]

Tess Torelli January 8, 2018

Jeff Swensen | Getty Images An Uber driverless Ford Fusion drives down Smallman Street on September, 22, 2016 in Pittsburgh, Pennsylvania. Nvidia has partnered with Uber, Volkswagen and China’s Baidu in driverless cars, as the chipmaker looks to expand its presence in the autonomous driving space. Ride-hailing service Uber will use Nvidia’s chips for its […]

Tess Torelli January 8, 2018

Virtual reality was identified as a growth area in China’s latest five-year development plan. That’s good news for VR firms such as Jaunt China, the company said Monday. “That’s a very interesting thing to put in their government documentation. You don’t see the United States doing that, or other countries. China has this amazing vision […]

Tess Torelli January 8, 2018

SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth, in the company’s first mission of 2018. The Zuma spacecraft was attached to one of SpaceX’s Falcon 9 rockets. It was launched into orbit from the Cape Canaveral Air Force Station in Florida. The Falcon 9 […]

Tess Torelli January 8, 2018

Jonathan Ernst | Reuters President Donald Trump and China’s President Xi Jinping leave after an opera performance at the Forbidden City in Beijing, China, November 8, 2017. President Donald Trump will unveil plans for an aggressive trade crackdown over the coming weeks, according to a report by Politico. The White House is likely to introduce […]

Tess Torelli January 8, 2018

Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate the economy, but added he was undecided on whether to reappoint Kuroda for another five-year term. Kuroda was handpicked by Abe to take the helm of the central bank in 2013 to deploy a massive […]