China's chip exports surged 100% year-over-year to a record $31 billion in April, driven by strong AI demand and U.S. export restrictions on semiconductor technology. This growth reflects a tripling of exports over two years, with laptops, tablets, and components sales up 47%. Chinese chipmakers like SMIC and Huawei-linked firms are ramping up advanced chip production to meet demand and reduce reliance on U.S. technology. This surge highlights China's push for self-reliance in semiconductors amid geopolitical tensions.
BioNTech presented encouraging clinical data for its late-stage cancer drug candidates Pumitamig and Gotistobart at the ASCO 2026 meeting. Pumitamig showed promising anti-tumor activity in a Phase 2/3 study for first-line treatment of non-small cell ...
BioNTech will showcase new clinical data for its late-stage oncology drugs pumitamig and gotistobart at the 2026 ASCO Annual Meeting. Pumitamig showed encouraging anti-tumor activity in first-line non-small cell lung cancer, while gotistobart demonst...
Africa's alternative lending market is projected to grow from $4.8 billion in 2025 to $8.1 billion by 2029, with a CAGR of 13.9%. Growth is fueled by expanding digital credit via mobile money, tighter regulations in Nigeria, Kenya, and Ghana, and inc...
The S&P 500 rose 0.17% to close at 7,445.72, continuing a two-day gain supported by falling oil prices and cooling Treasury yields, which helped ease inflation worries. Investor sentiment improved amid hopes for a resolution to the U.S.-Iran conflict...
The Latin American alternative lending market is projected to grow at a 14.4% CAGR from 2026 to 2029, reaching approximately $10 billion by 2029, up from $5.9 billion in 2025. Growth is fueled by expanding e-commerce, integration of credit into digit...
