BEIJING's Cambricon Technologies, seen as one of China's top artificial intelligence (AI) chip developers, has laid off nearly half its workers, reports Hong Kong's South China Morning ...
DetailsGLOBAL capital flows are pivoting away from China in favour of other emerging Asian markets such as India and Vietnam, as investors seek alternatives with fewer economic and geopolitical risks, rep...
DetailsOCEAN carriers appear to be making rate gains by trimming vessel capacity on the transpacific, reports New York's FreightWaves.Spot rates have risen for three weeks, rising to levels last seen ...
DetailsA JAPANESE Nikkei Asia investigation says China is exporting dual-use drones explicitly for Russia's invasion of the Ukraine - despite Beijing denials, reports Hong Kong's Asia Times.Russia...
DetailsESCALATING prices of air freight at London Heathrow are crippling businesses, reports UK's Coldchain News.Post Covid air freight rates have not returned to pre-pandemic levels," said Mike ...
DetailsACCORDING to the latest data from WorldACD Market Data, global air cargo tonnages in June have continued the flat trend observed since the beginning of the month, while average rates have shown a s...
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