Chinese firms have emerged as the biggest losers of the faltering global artificial intelligence (AI) trade, a setback for Beijing’s efforts to use stock markets to supercharge its ambition of technological supremacy.

Chinese stocks turn biggest losers as global AI trade stumbles

China proposed adding advanced artificial intelligence (AI) technologies to its export-control list, potentially restricting overseas transfers of AI models and chip designs in an effort to keep closer control over homegrown advancements in a strategically important sector.

China plans AI tech export curbs to manage security risks

China is looking to tighten biotechnology exports, but will leave the door open for licensing deals with foreign drugmakers that have underpinned its position as a growing pharmaceutical powerhouse.

China looks to tighten biotech exports, allows licensing deals

China’s economy is heading for a second straight quarter of growth below the 2026 target set by the nation’s leaders, with their recent stimulus measures having come too late to make a notable impact.

China’s payback for late stimulus looms with sub-4.5% growth

China moved to stabilise its equity market by urging companies and state funds to buy shares while guiding some investors to curb selling, people familiar with the matter said.

China moves to prop up stock market with selling curbs, buybacks — Bloomberg

China’s campaign to promote the global use of the yuan appears to be accelerating as the authorities seek to build a more comprehensive financial ecosystem for the currency beyond just trade settlement.

China’s plan to make yuan a global currency enters faster phase

The record 20 Chinese brands vying for attention at this week's Paris car show reflect a stark reality: as a slowdown at home pushes China's overcrowded auto industry to consolidate, success in Europe could help determine which carmakers survive.

With the US market largely closed to Chinese automakers, Europe is by far the most profitable market still open to them, but also one of the toughest to crack.

For Chinese automakers, the road to survival runs through Europe

Chinese automakers looking to expand production capacity in Europe have ruled out Italy because of a lack of suitable factories, Italian industry minister Adolfo Urso said on Wednesday.

Chinese producers are looking to establish manufacturing plants inside the European Union as Brussels works on rules that will set minimum local content limits for electric vehicles sold in the bloc.

No auto plants available in Italy for Chinese purchase, Italian minister says

New bank lending in China rose more than expected in September, rebounding sharply from a weak August as policymakers stepped up targeted monetary support for the slowing economy.

China September new bank loans jump more than expected on stimulus, seasonal boost

China’s trade surplus ballooned to US$938 billion (RM3.83 trillion) for the first nine months, keeping it on pace to exceed last year’s record as export growth surged faster than expected in September.

China’s trade surplus nears US$1 tril again with export surge

It was a Wednesday evening in late September and analysts covering New World Development Co were getting antsy. The cash-strapped Hong Kong developer was late to report its earnings and executives had not shown up to a scheduled briefing.

Hong Kong lifeline buys Cheng family time to save New World

China’s thermal coal prices climbed to a three-year high as sluggish domestic production growth and disruptions in top exporter Indonesia coincide with an energy rally driven by the US-Iran war.

China coal prices at three-year high with little relief in sight

China’s passenger vehicle retail sales fell 24% in September from a year earlier to 1.702 million units, while new-energy vehicle sales declined 12% to 1.141 million units, according to data released by the China Passenger Car Association.

China passenger vehicle retail sales drop 24% in September

China's securities regulator on Friday published draft rules that would lower the threshold for setting up equity mutual funds, as the country's blue-chip index neared a more than one-year low.

China to lower bar for equity fund launch

Nvidia Corp chief executive officer Jensen Huang took a sanguine view towards the latest artificial intelligence (AI) stock-market rout, saying the benefits of the technology will soon outweigh the concerns of investors.

Nvidia CEO on AI market turmoil: ‘All of this is going to pass’

Global stocks fell modestly on Friday as markets stabilised after a sharp tech-led sell-off, while the dollar headed for a weekly loss.

Global stocks slip as dollar heads for weekly loss

Wall Street ended sharply lower on Friday, with CoreWeave, Broadcom and other artificial intelligence (AI)-related technology stocks under renewed pressure, while a jump in oil prices spooked traders heading into the weekend.

Wall Street ends down sharply; worries about AI trade and high oil prices weigh

A generation of investors grew up believing that Genting Bhd (KL:GENTING) was a cash-generating machine where nothing can go wrong even during the worst of times.

Genting loses its lustre

Chinese chipmaker CXMT Corp reported a surge in preliminary profit and sales during the first nine months of the year after global demand for memory sent prices of the components soaring.

China’s CXMT swings to profit after memory chip prices surge

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Zetrix AI, Genting, Genting Plantation, IOI Properties, Public Bank, RHB Bank, Cape EMS, Turiya, EGH International, Westsports Holdings & Cosmos Tech 

ExxonMobil Holdings Corp is the latest oil supermajor to signal soaring third-quarter refining profits as wars in the Persian Gulf and Russia crippled fuel-making facilities causing prices to surge.

Exxon signals record refining earnings on soaring diesel prices 

IOI Properties Group Bhd (KL:IOIPG) said its board has yet to deliberate on the potential acquisition of Singapore properties mentioned by its chief executive officer in a media report.

IOI Properties board yet to deliberate on potential Singapore acquisitions

Shipping estimates for Apple Inc’s first folding phone, the iPhone Duo, slipped into December and beyond within minutes of the company opening pre-orders on Friday.

Apple iPhone Duo orders slip into 2027 amid pre-order frenzy