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Xi urges Asia-Pacific unity to safeguard supply chains
Chinese President Xi Jinping urged Asia-Pacific governments to hold their supply chains together as global trade faces renewed pressure. This came a day after Xi and U.S. President Donald Trump reache...
SpaceX, Blue Origin propose faster lunar timelines after NASA pushback
NASA has confirmed that it has received and is reviewing accelerated lunar mission plans from SpaceX and Blue Origin, in an effort to outpace China’s lunar ambitions. The space agency has formed a com...
Canada, Japan to meet China’s Xi on deepening economic ties
Canada and Japan are preparing to meet China’s President Xi Jinping during the APEC gathering in Gyeongju, South Korea, where Xi has taken the main role after securing a temporary trade truce with U.S...
Putin-Trump summit canceled as Moscow refuses to soften demands
The planned summit in Budapest between Donald Trump and Vlad Putin has been cancelled. The decision came after a tense call between U.S. Secretary of State Marco Rubio and Russian Foreign Minister Ser...
Emerging markets extend record winning streak to 10 months
Emerging-market stocks just broke a 32-year record. For the first time since 1993, the MSCI Emerging Markets Index is on pace to post 10 consecutive monthly gains, with October adding a solid 4.8% eve...
President Trump teases Alaska oil and gas deal as China agrees to U.S. energy purchases
U.S. President Donald Trump has announced that China is increasing its energy purchases from the U.S., highlighting a major oil and gas deal in Alaska. Trump withheld further details but mentioned tha...
Thai police arrest mastermind behind $14 million crypto Ponzi scheme
Thai authorities have arrested a Chinese national in Bangkok suspected of running a huge cryptocurrency Ponzi scheme. The individual is alleged to have scammed nearly 100 victims out of more than 100 ...
Jack Ma’s Ant Group expands into Latin America with fintech push
Chinese fintech giant Ant Group, co-founded by Jack Ma, is expanding its international footprint with a strategic investment in Latin America. With its overseas arm, Ant International, the country’s l...
Chinese e-commerce giants dominate Southeast Asia’s online shopping
Chinese online shopping platforms have taken control of roughly half the internet retail business in multiple Southeast Asian nations, marking a major shift in the region’s digital commerce landscape,...
Beijing to phase out EV subsidies in upcoming five-year plan
China has abandoned EV subsidies for the first time in over a decade, following the industry’s exclusion from the top policymakers’ five-year development plan for 2026-2030. The government’s support h...
Hong Kong exchange questions DAT transformation plans of multiple companies
The Hong Kong Stock Exchange has “blocked” the transformation plans proposed by at least five listed companies seeking to convert into digital asset treasury (DAT) entities, according to reports from ...
Germany's chip industry faces acute shortages from China's export restrictions
Germany’s chip industry is facing shortages, according to data from the Ifo Institute, which shows a shortage of semiconductors and rare earth materials in key technology sectors. The Ifo business cli...