Aarav Shen

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

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.

Trump Unveils Global Sanctions Plan to Isolate Iran, Warns China

The Trump administration announced a plan to isolate Iran's economy with secondary sanctions, signaling that China would not be exempt.

US Removes Syria From Terrorism Sponsor List, Clearing Investment Path

The US has removed Syria from its state sponsors of terrorism list, ending a 1979 designation and lifting a major obstacle to foreign investment.

49ers Owner Jed York Pleads No Contest to Two Charges in Ohio

San Francisco 49ers owner Jed York pleaded no contest Monday to two misdemeanor charges in East Palestine, Ohio, and was fined $1,150.

Pony.ai Plans to Deploy Over 4,000 Robotaxis Abroad

China's Pony.ai says its overseas robotaxi pipeline has grown to more than 4,000 vehicles, expanding across Europe and the Middle East through global partn

Russia Fires Top VEB Economist Klepach After War-Cost Warning

Andrei Klepach, VEB's chief economist, was dismissed on August 18 after warning Russia could not win a prolonged war of attrition with Ukraine.

OpenAI Launches ChatGPT for Teens With Content Limits and Parental Controls

OpenAI released ChatGPT for Teens on Tuesday, adding content restrictions, parental controls and homework support for users aged 13 to 17.

Iran-Linked Hackers Shut Down UK Power Plant in Cyberattack

The UK government confirmed on Sunday that Iran-linked hackers forced a small power plant offline, though officials said the national grid faced no risk.

South Korea’s Kospi Falls 30% From June Peak, Trapping Retail Investors

The Kospi has dropped 30% since its June 19 record high, trapping retail investors who chased leveraged products during the earlier rally.

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