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.

SPIE Bolsters German Industrial Services with SGS Acquisition

SPIE acquires SGS Industrial Services Group to expand its industrial services in Germany, strengthening its value chain and market position.

SpaceX Poised for Record-Breaking IPO, Filing Expected This Week

SpaceX is reportedly preparing to file for its IPO this week, targeting a record-breaking valuation of over $75 billion driven by its Starlink service and ambitious future projects.

Oil Prices Seesaw Around $100 Amid Geopolitical Crosscurrents

Explore the fluctuating oil prices around $100, driven by US-Iran tensions and shifting ceasefire optimism. Understand the geopolitical and economic impacts.

Agileo Automation Unveils Agil’EDA to Streamline Semiconductor Data Acquisition

Agileo Automation launches Agil'EDA to accelerate SEMI EDA adoption for semiconductor equipment OEMs, offering a future-ready solution for high-performance connectivity.

Thermo Fisher Scientific Seals $8.875 Billion Deal for Clario Holdings, Bolstering Clinical Trial Data Capabilities

Thermo Fisher Scientific completes $8.875 billion acquisition of Clario Holdings, enhancing its clinical trial data solutions and biopharma services.

China’s Central Bank Boosts Liquidity with Fresh MLF and Reverse Repo Actions

China’s central bank injected additional liquidity into the banking system via a net MLF injection and reverse repo operations, marking ongoing policy support for stable market conditions.

Haymaker Acquisition Corp. 4 Secures Non-Redemption Agreements, Bolstering Suncrete Merger

Haymaker Acquisition Corp. 4 has entered into non-redemption agreements with investors for its business combination with Suncrete, securing over 4.4 million shares and bolstering merger finances.

Fed’s Barr Signals Extended Rate Hold Amid Inflation Concerns and Geopolitical Risks

Federal Reserve Governor Michael Barr suggests interest rates may need to remain on hold for an extended period due to persistent inflation and rising oil price risks from Middle East tensions.

Suspicious Oil Trades Precede Trump’s Iran Announcement, Sparking Insider Trading Concerns

Suspicious trading activity in oil and stock futures minutes before President Trump's announcement on Iran has raised concerns about potential insider trading. Large bets were placed on oil prices falling just before Trump revealed "productive conversations" with Tehran, leading to a sharp drop in oil prices and sparking investigations.

ECB Signals Readiness to Combat Entrenched Inflation, Kazimir Warns

ECB Governing Council member Peter Kazimir warns of potential action against entrenched inflation, highlighting geopolitical risks and the open nature of future policy meetings.

Everest Medicines Secures Rights to CARDAMYST™ Nasal Spray for Greater China in Up to $50 Million Deal

Everest Medicines acquires rights to CARDAMYST™ (etripamil) nasal spray for Greater China in a deal valued up to $50 million, aiming to enhance its cardiovascular offerings.

Leonardo Strengthens Naval Capabilities with Full Acquisition of GEM Elettronica

Leonardo completes the acquisition of GEM Elettronica, boosting its naval systems and radar technology capabilities. Learn more about the strategic implications.

China Dives Deep: New Tourist Submersible Poised to Unlock Underwater Adventures

China is developing its first tourist submersible to reach depths of 1,000 meters, aiming to launch commercial deep-sea tourism by 2030. Learn about the engineering, safety, and market potential of this new venture.

Venture Global and Vitol Forge 5-Year LNG Partnership

Venture Global and Vitol have signed a five-year agreement for the supply of 1.5 million tonnes per annum of U.S. liquefied natural gas (LNG), commencing in 2026. The deal highlights growing global demand for American LNG.

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