Reuters

Chinese authorities are considering allowing ByteDance and Alibaba to purchase Nvidia's newest AI chips, according to a report by The Information picked up by Reuters. The possible approval would ease restrictions on two of China's largest technology companies as they race to build computing power for artificial intelligence. The report is drawing attention because it signals a potential shift in how Beijing balances domestic chip policy against its tech sector's demand for leading-edge semiconductors.

Japan's corporate services price inflation has climbed to its highest level in two years, according to a Reuters report. The rise in what companies pay for services signals persistent price pressure in the world's third-largest economy and will feed into debate over whether the Bank of Japan should raise interest rates further as it winds down decades of ultra-loose policy.

An American startup has relocated its operations from Kentucky to China, according to Reuters reporting. The company's decision to abandon its US base in favour of manufacturing and growth in China has drawn attention as a reversal of the trend of companies moving production out of China. The report examines the business reasons behind the move and what it suggests about the current economics of building a startup in the United States versus China.