Author: Resham

Cambricon Shares Drop 12% After August Rally Triggers Profit-Taking Shares of Chinese AI chipmaker Cambricon Technologies fell sharply on Thursday, as investors took profits following the company’s dramatic rise in August. The stock dropped around 12% during morning trade, marking its steepest intraday decline since January 2025. Cambricon, often seen as China’s equivalent to US-based Nvidia, had more than doubled in value last month. This surge raised its weighting in the tech-heavy STAR50 Index to 15%, exceeding the 10% cap for a single stock. The breach has led to concerns about forced rebalancing when the index resets on 12 September.…

China’s AI Sector Faces Growth and Government Oversight China’s economy presents a mix of progress and challenges. Years of centralised industrial planning have created persistent overcapacity, leading to price wars across industries. Yet this model has also produced global leaders such as electric car giant BYD. Now, Beijing is turning its attention to artificial intelligence (AI), a sector already worth $140 billion, with plans to prevent what it calls “disorderly competition.” While the intention has merit, tighter oversight may come at a cost. Optimism Drives AI Growth Unlike the electric vehicle or solar industries, it is not clear why AI…

Supreme Court Dismisses Petition Against Ethanol-Blended Fuel India’s Supreme Court has dismissed a petition challenging the government’s decision to roll out 20% ethanol-blended petrol, known as E20, across the country. The ruling clears the way for Prime Minister Narendra Modi’s clean energy initiative, which aims to promote sustainable fuel use. The petition was filed last month after motorists raised concerns when E20 became the only fuel available at nearly 90,000 filling stations nationwide. Many drivers worried about the impact on older vehicles, which may not be fully compatible with the blended fuel. Government Defends Clean Energy Push Attorney General R.…

Huawei Plans New Facilities as Beijing Accelerates AI Chip Push China’s chipmakers are preparing to sharply increase production of artificial intelligence (AI) chips in 2026, according to a report by the Financial Times. The move highlights Beijing’s efforts to reduce reliance on US firm Nvidia, which dominates the global AI chip market. Huawei is expected to begin production at a new AI chip plant by the end of 2025. Two more facilities are planned for 2026, though the ownership structure of these plants remains unclear. While the sites are reportedly designed to support Huawei, the company told the Financial Times…

Major deals span aerospace, shipbuilding, nuclear energy, and critical minerals in South Korea Companies in South Korea have pledged $150 billion in U.S. investments across key industries including shipbuilding, nuclear power, aerospace, energy and critical minerals. The announcement came during Monday’s summit between U.S. President Donald Trump and South Korean President Lee Jae Myung. The commitments build on South Korea’s role as one of the largest investors in the U.S., with officials noting the figure amounts to nearly six times last year’s foreign direct investment. The plans include both new projects and expansions of previously announced ventures such as Samsung…

Tiangong Space Station Breaks Record in Tungsten Alloy Experiment Astronauts aboard China’s Tiangong space station have set a new benchmark in space materials science. In a groundbreaking experiment, they successfully heated tungsten alloy to over 3,100 degrees Celsius, working closely with ground-based researchers. Space-Based Research Achieves Record-High Temperatures This experiment, conducted in coordination with the Chinese Academy of Sciences’ space application system, is part of a broader scientific initiative. Since the start of the year, 58 research and application projects have been carried out in orbit, marking notable advancements. The tungsten heating experiment was led by scientists from the School…

China Tightens Rare Earth Controls to Strengthen Supply Grip China, the world’s leading supplier of rare earths, announced new measures on Friday to further tighten its control over these critical minerals. The updated rules now include imported raw materials in the country’s existing quota system for mining, smelting, and separation. This move comes as part of a broader strategy to secure China’s role in the global energy transition. The Ministry of Industry and Information Technology shared the changes following a public consultation that started in February. Analysts say the inclusion of imported ore suggests a deeper effort to limit overall…

Russia to Mandate Pre-Installation of State-Backed MAX Messenger on All Devices From 1st September 2025, all mobile phones and tablets sold in Russia will be required to include the government-backed application MAX messenger, according to a statement issued by the Russian government on Thursday. MAX Messenger Positioned as Rival to WhatsApp and Telegram The MAX messenger app has been promoted as Russia’s alternative to foreign-owned platforms such as WhatsApp and Telegram. Critics, however, have raised concerns that the app could be used for surveillance, given its state-controlled nature and integration with government services. The move comes shortly after Russia restricted…

Lunar Discovery Pushes Back Date of Moon’s Early Impacts by 100 Million Years Chinese and international scientists have determined that the Apollo Basin, a massive impact site on the far side of the moon, was formed around 4.16 billion years ago. This key finding, published in Nature Astronomy, is based on lunar samples collected during China’s Chang’e-6 mission in 2024. The discovery offers valuable insight into the Late Heavy Bombardment (LHB), a period marked by intense asteroid strikes across the solar system. The Apollo Basin, situated within the vast South Pole-Aitken Basin, is believed to have formed during the early…

Humanoid Robots Steal the Show at Taiwan Robotics Expo 2025 The Taiwan Automation Intelligence and Robot Show 2025 (Taiwan Robotics Expo 2025) opened in Taipei on Wednesday, 20th August, showcasing the latest advances in humanoid robotics and artificial intelligence. The four-day exhibition, which runs until 23rd August, has drawn large crowds eager to witness futuristic robots in action. Humanoids on Display in Taipei Robots at the event demonstrated lifelike movements, including walking, gesturing, and picking up objects. These displays highlighted the rapid progress in robotics, where human-like machines are increasingly being designed for practical use in industries and service sectors.…