Industries

Trump Administration Accelerates Psychedelic Research for PTSD, Sparking Hope and Controversy

President Trump signs executive order to accelerate research into ibogaine and other psychedelics for PTSD treatment, sparking debate and hope.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Trump Demands FCC Punish NBC Host, Treasury Bars Reporters From G20

Trump called for FCC punishment of NBC host Kristen Welker on Sunday as the Treasury barred NYT, WSJ and Bloomberg reporters from G20 events.

Bessent Says U.S. Will Sanction Another Bank Over Iran Ties This Week

Treasury Secretary Scott Bessent said the U.S. will sanction another bank this week to clamp down on Iran transactions, ahead of G20 meetings in North Caro

Shanghai Airports Experience Surge in Passenger Numbers, Thanks to Optimized COVID Response and Entry-Exit Policies

The COVID-19 pandemic has had a severe impact on the aviation industry worldwide, with passenger numbers plummeting in 2020 due to travel restrictions and...

China’s CR24 Kicks Off Construction of Jiangxi Aviation College Campus

The recent commencement of the construction of the Fuzhou campus of Jiangxi Aviation Vocational and Technical College marks a significant milestone in the advancement...

China Implements Virtual Power Plants to Meet Growing Demand for Clean Energy

China's move towards a more sustainable energy mix has seen a rise in the construction of virtual power plants. These plants use advanced technologies...

China’s Petrochemical Industry Sees 14.4% YoY Revenue Growth in 2022 Despite Profit Dip

China's petrochemical industry experienced mixed fortunes in 2022, with revenue rising significantly but profits declining, according to the China Petroleum and Chemical Industry Federation...

Chinese solar components continue to dominate global market

China has long been recognized as the world's leading manufacturer of solar products and continues to dominate the global solar supply chain, with at...

China’s Machinery Industry Set for Steady Growth in 2023, Says Industry Federation

The machinery industry in China is expected to continue its steady growth trajectory, following a faster pace of recovery, according to the China Machinery...

Chinese Mainland Officials Signal Resumption of Agricultural and Aquatic Product Imports from Taiwan

A Chinese mainland official has stated that the mainland attaches great importance to the call of Taiwan farmers and fishers to resume agricultural and...

Record-Breaking Increase in Wind and Solar Energy Capacity

China's efforts to transition to green energy continued to make significant strides in 2022, according to a statement by the National Energy Administration on...

Mainland willing to facilitate re-entry of agricultural, aquatic products from Taiwan

The Chinese mainland is eager to work hand in hand with Taiwan's relevant departments in order to pave the way for the resumption of...

China’s nonferrous metal industry sees steady growth in 2022

China's non-ferrous metal industry showed stability in 2022, with growth in key metrics such as production, profits, and revenue, according to the China Nonferrous...

China, Greece sign strategic cooperation agreement on shipping finance

Shanghai's Lujiazui Financial City Council and the Association of Banking and Financial Executives of Hellenic Shipping recently signed a strategic cooperation agreement in shipping...

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