Business

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

Japan Boosts Chip Ambitions: Rapidus Secures Billions More for AI Chip Race

Japan significantly increases funding for chipmaker Rapidus, investing billions more to accelerate AI chip production and reduce reliance on foreign manufacturers.

Iran War Fuels Global Fuel Price Surge, Impacting Daily Life and Industries

The Iran war is driving up global fuel prices, impacting consumers, businesses, and humanitarian efforts worldwide. Discover how tribal gas stations offer relief and the aviation industry faces potential shortages.

AI Powerhouses Cohere and Aleph Alpha in Merger Talks, German Government Signals Support

Canadian AI firm Cohere and German counterpart Aleph Alpha are reportedly in merger talks, with potential support from the German government to bolster Europe's AI capabilities.

Whirlpool Invests $60 Million in Perrysburg, Ohio, Creating Up to 150 New Jobs

Whirlpool Corporation announces a $60 million investment in a new Perrysburg, Ohio factory, creating up to 150 jobs and enhancing domestic appliance production.

Commvault Stock Surges as Data-Protection Leader Mulls Major Sale

Commvault Systems shares surge as the data-protection firm explores a possible sale after receiving takeover interest. Read the latest insights into potential buyers, industry context, and what this means for investors.

Ares Management Acquires Whitestone REIT in $1.7 Billion All-Cash Deal

Ares Management is acquiring Whitestone REIT for $1.7 billion in an all-cash deal, taking the shopping center REIT private. The acquisition highlights a trend of private equity targeting undervalued REITs.

Stocks Waver as Inflation Surges: Nasdaq Edges Up, Dow Dips Amidst Energy Cost Spike

Explore the latest stock market movements as the Nasdaq rises and the Dow falls following March CPI data that revealed surging energy costs and increased inflation.

Singapore Poised for Monetary Tightening Amidst Escalating Inflationary Pressures

Singapore is expected to tighten monetary policy at its upcoming review due to rising inflation fueled by the energy crisis and Middle East conflict. Learn more about the economic outlook and expert predictions.

TSMC’s Q1 Revenue Soars 35% on Unstoppable AI Chip Demand, Exceeding Expectations

TSMC's Q1 revenue surged 35% to $35.6 billion, driven by strong AI chip demand and exceeding analyst expectations. Learn more about the company's performance and the booming AI market.

Brazil Blacklists BYD Over Slave-Like Labor Conditions at Major Plant

Brazil's Ministry of Labour and Employment has blacklisted Chinese automaker BYD due to alleged slave-like labor conditions at its major plant construction site in Bahia, impacting its operations and reputation in the country.

India Postpones Bharat Steel 2026 Amidst Middle East Tensions

India postpones the Bharat Steel 2026 global conference due to the ongoing Middle East crisis, citing disruptions to international participation. New dates to be announced.

China’s Record Oil Purchase Propels Brazil’s Exports to Historic Highs

China's record oil purchase in March has propelled Brazil's monthly oil exports to their second-highest level ever, driven by global energy realignments and Middle East disruptions.

China’s Electric Car Export Boom Defies Regional Turmoil

China's car exports soared nearly 74% in March 2026, as overseas demand for electric vehicles skyrocketed, offsetting slumping domestic sales and Middle East turmoil.

Wall Street Sees Gains Amidst US-Iran Ceasefire Hopes, But Fragile Truce Fuels Market Volatility

Explore how Wall Street reacted to the US-Iran ceasefire, with market gains, oil price fluctuations, and the underlying caution surrounding the fragile truce.

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