Aarav Shen

Aarav Shen covers world news and global markets for Beijing Times, reporting on geopolitics, economic policy, and the forces shaping international affairs.

Trump Renames Lake Ontario ‘Lake America’ in US Amid Canada Trade War

Trump signed an executive order Thursday renaming Lake Ontario 'Lake America' for US records, escalating the trade dispute with Canada.

Fed’s Lisa Cook Rejects Trump Firing Threat, Denies Mortgage Fraud

Federal Reserve Governor Lisa Cook rejected a renewed Trump attempt to remove her from the central bank on Wednesday, denying mortgage fraud allegations.

Qatar’s PM Visits Tehran as US Navy Budget Strains Under Iran War

Qatar's prime minister held Hormuz talks in Tehran on Wednesday as new reporting revealed the US Navy shifting funds to cover Iran war costs.

Nepal-Tibet Flood Death Toll Hits 157, Hundreds of Tourists Missing

At least 157 bodies recovered after a glacier-rock collapse triggered flash floods on the Nepal-Tibet border, with hundreds of foreign tourists still missi

FDA Approves Revolution Medicines Pancreatic Cancer Pill Daraxonrasib

The FDA granted expedited approval to daraxonrasib, a first-of-its-kind pill targeting the mutated protein behind over 90% of pancreatic cancer cases.

Apple Sets Sept. 9 iPhone Event, First Under CEO John Ternus

Apple will hold its next iPhone launch event on September 9, its first under new CEO John Ternus, with a folding phone expected to debut.

Anthropic Signs $45 Billion Cloud Deal With Nscale for AI Compute

Anthropic will pay Nscale $45 billion to rent about 460 megawatts of AI compute at a West Virginia data center, according to a report published August 26.

US Core Inflation Rises 3.3% in July, Clouding Fed’s Rate Path

US core PCE prices rose 3.3% annually in July, below forecasts but above the Fed's 2% target, clouding the outlook for September interest rate decisions.

US Inflation Holds at 3.7% in July, Well Above Fed’s 2% Target

US PCE inflation held at 3.7% in July, above the Fed's 2% target, as core prices stayed at 3.3% and second-quarter GDP was unrevised at 1.5%.

MiniMax Revenue Surges 283% to $116.6 Million on Enterprise Demand

Chinese AI firm MiniMax posted a 283% jump in first-half revenue to US$116.6 million, led by a 700% rise in enterprise sales, but trailed annual forecasts.

Bill Gates Urges ‘Human Reserved’ Jobs to Shield Up to 40% From AI

Bill Gates called in an August 26 essay for legally protecting certain jobs from AI, with reports citing up to 40% of roles reserved for humans.

Options Traders Bet on Nvidia’s Calmest Earnings Reaction Since AI Boom

Options traders are pricing the smallest post-earnings move for Nvidia in years, a shift some AI bulls view as an opportunity ahead of the chipmaker's repo

Carney Says Trump Aims to ‘Destroy’ Canada’s Auto Industry, Sets Talk Terms

Canadian PM Mark Carney accused Trump of trying to destroy Canada's auto industry and set conditions for resuming trade talks after negotiations broke down

Supreme Court Clears Trump Mail Voting Order Ahead of US Midterms

The US Supreme Court on Monday lifted an injunction blocking Trump's mail voting restrictions across 23 states and Washington, DC, ahead of the midterms.

- A word from our sponsors -

spot_img

Follow us