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.

China’s Economy Surges Ahead in Early 2026, Beating Expectations Amidst Global Uncertainty

China's economy has kicked off 2026 with a robust performance, as key indicators for industrial output and retail sales significantly surpassed market forecasts for...

WisdomTree Bolsters ETF Offerings with Acquisition of Atlantic House Holdings

WisdomTree announces acquisition of Atlantic House Holdings for $200 million, expanding its ETF lineup with defined outcome and derivatives capabilities and strengthening its UK market presence.

Accenture Supercharges AI Ambitions with Faculty Acquisition and New CTO Appointment

Accenture completes its acquisition of UK AI company Faculty, appointing Faculty CEO Dr. Marc Warner as its new CTO. This strategic move bolsters Accenture’s AI expertise and positions the firm as a leader in responsible and scalable AI adoption.

Ramp Expands to Europe and UK with Billhop Acquisition

Ramp acquires Billhop to expand its financial operations platform into Europe and the UK, opening new offices and enabling direct services for businesses in the region.

Eurosystem Charts Future of Finance with Appia Roadmap for Tokenised Markets

The Eurosystem has launched the Appia roadmap, outlining its strategy for developing a tokenised wholesale financial ecosystem in Europe, ensuring central bank money remains central.

Voyager Acquisition Corp. and VERAXA Biotech AG Merger Gains Shareholder Approval

Voyager Acquisition Corp. shareholders approve merger with VERAXA Biotech AG, paving the way for Nasdaq listing under 'VRXA' despite high redemption rates.

Judge Blocks Subpoenas Against Fed Chair Powell in Criminal Probe, Citing Lack of Evidence

A federal judge blocks subpoenas against Fed Chair Jerome Powell in a criminal probe, citing lack of evidence and improper purpose. The DOJ plans an appeal.

Chinese Banks Fuel AI Ambitions: Lending Surges Amid National Tech Push

Chinese banks are increasing lending to the tech sector as Beijing pushes for widespread AI adoption, aiming to boost job creation and economic growth.

Federal Reserve Eases Bank Capital Rules to Spur Lending, Especially Mortgages

The Federal Reserve is set to ease bank capital requirements to stimulate lending, particularly in the mortgage sector, by streamlining regulations and right-sizing risk calibrations.

China Cracks Down on OpenClaw AI Use in Banks and State Agencies Amid Security Fears

China restricts the use of OpenClaw AI at banks and state agencies due to security concerns, impacting tech stocks and highlighting a conflict between national security and local development incentives.

Global Oil Shock: IEA Unleashes Record Reserves Amid Iran War Disruptions

The IEA announces a record 400 million-barrel oil reserve release amid the Iran war, citing the largest supply disruption in history and volatile oil prices.

X3 Acquisition Corp. to Begin Separate Trading of Class A Shares and Warrants March 2026

X3 Acquisition Corp. will allow separate trading of its Class A shares and warrants on Nasdaq from March 13, 2026, providing investors more flexibility and market liquidity.

Kodiak Gas Services Secures $750 Million in Senior Notes Offering to Refinance Debt and Fund Acquisition

Kodiak Gas Services announces a $750 million senior unsecured notes offering to refinance existing debt and fund the acquisition of Distributed Power Solutions, LLC.

Sonida Senior Living Seals $1.8 Billion Merger, Becomes Eighth Largest Senior Living Owner in U.S.

Sonida Senior Living completes a $1.8 billion merger with CNL Healthcare Properties, creating a larger senior living operator and expanding its national footprint.

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