Shares of both companies took a hit in late May when reports about the curbs emerged. Since then, tensions between the U.S. and China have eased. The two sides reached a trade truce in mid-June after ...

Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its acquisition of U.S. Steel.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, plans to invest more than $60 million before the end of this fiscal year in March to capture AI innovation.