Taiwanese prosecutors detained two Super Micro Computer Inc. employees following a raid of the US company’s local offices earlier this week over alleged shipments of Nvidia Corp. chips to China.

Apple Inc. is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce the impact of a global memory shortage that’s forced the company to raise prices across its product line.

The US Nuclear Regulatory Commission plans to scrap guidance on radiation exposure for power plant workers that’s been in place since the mid-1970s.

Chinese tech giant Alibaba Group Holding Ltd and its US digital payment processor agreed to pay $600 million to resolve a federal investigation into whether they failed to prevent the sale and importation of illegal pharmaceuticals and controlled substances, the Justice Department said.

Valar Atomics Inc., a California-based nuclear startup, generated power from an advanced reactor to run an Nvidia Corp. AI chip. While just a trickle of electricity was produced, it’s the first time a next-gen reactor has done so in the US.

South Korean fashion powerhouse Musinsa is rolling out an aggressive physical store expansion in China and Japan, Co-CEO Nam Cho tells Bloomberg's Shery Anh in an exclusive interview. The firm is also looking at domestic and international exchanges for a highly-anticipated IPO. (Source: Bloomberg)

New Zealand house prices fell for the third straight month in June, nearing a three-year low and adding to signs of an economic slowdown as the global oil shock hits household incomes and consumer confidence.

Stocks in Asia were set to fall on Thursday after a selloff in US chipmakers weighed on sentiment and investors assessed fresh remarks from Federal Reserve Chairman Kevin Warsh on inflation.

Oil fell for a third day as flows through the Strait of Hormuz climbed and there were signs of progress in indirect talks between the US and Iran.

Musinsa Co., the KKR & Co.-backed South Korean fashion retailer, is rolling out an aggressive physical store expansion in China and Japan as it seeks to challenge Uniqlo and build momentum ahead of a closely watched initial public offering.