Elon Musk's SpaceX has taken over his artificial intelligence company xAI in a merger aimed at deploying space-based data centers, a statement said on Monday.

China will launch a special nine-day shopping campaign during the Spring Festival holiday to boost consumption, enrich cultural life, and stimulate market vitality, the Ministry of Commerce (MOC) announced Monday.People shop for festive decorations at a shopping mall in Beijing, capital of China,

As regional "Two Sessions" convene across China, provinces and municipalities are unveiling their economic growth targets and blueprints for 2026.

Vietnam's manufacturing sector recorded faster increases in output, new orders and employment in January 2026, according to a report released Monday by S&P Global Market Intelligence.

Thailand's manufacturing sector continued to grow in January as both new order inflows and output remained in expansion but at slower paces, a survey showed on Monday.

SEOUL, Feb. 2 (Xinhua) --South Korean stocks closed sharply lower on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) plunging more than 5 percent to record its steepest one-day decline since Nov. 21, 2025.Seoul stocks tumbled 274.69 points, or 5.26 percent, to close at 4,949.67