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Typhoon Dolphin Nears Eastern China, Closing Schools and Grounding Flights

Typhoon Dolphin approaches eastern China, shutting schools, ports and tourist sites in Zhejiang and disrupting flights across Shanghai and beyond.

Nvidia Revenue Doubles to $96.2 Billion as AI Chip Demand Surges

Nvidia reported Q2 revenue of $96.22 billion, more than double a year earlier, as AI chip demand beat Wall Street forecasts. Shares slipped in after-hours

Salesforce Stock Jumps 14% on AI Growth, Deeper Anthropic Ties

Salesforce shares surged as much as 14% on August 26 after beating quarterly forecasts and expanding its Anthropic AI partnership.

Bath & Body Works Raises Profit Forecast as Online Sales Offset Weak Stores

Bath & Body Works lifted its annual profit forecast as online demand offset weak store traffic, though it guided to lower third-quarter earnings.

FDA Approves Revolution Medicines Pancreatic Cancer Pill Daraxonrasib

The FDA granted expedited approval to daraxonrasib, a first-of-its-kind pill targeting the mutated protein behind over 90% of pancreatic cancer cases.

China’s Shadow Banking Crisis: The Zhongrong Dilemma Explored

In the world of finance, shadow banks have long played a pivotal role in providing liquidity and risk management solutions. These institutions operate on...

China-ASEAN Expo: Premier Li Qiang Champions Unity and Collaboration

Chinese Premier Li Qiang celebrated the blossoming partnership between China and ASEAN during a significant expo event. He highlighted the impressive economic growth both...

Foxconn’s Indian Aspirations Amidst UK’s Economic and Political Quandaries

Apple's supplier, Foxconn, the Taiwan-based electronics behemoth, has plans to double its workforce and investments in India within a year, as shared by an...

Navigating the Complexities of China’s Healthcare Reforms

China’s healthcare system, known for its state-covered cradle-to-grave care, experienced significant changes after the 1980s' market reforms. The shift from a public welfare perspective...

The Rise of the Global South at the 78th UNGA

Starting this Monday, the United Nations will launch its high-level week of the 78th General Assembly (UNGA), running until September 26. Notably, this year’s...

UK-China Relations Strained Over AI Summit Participation Amid Spy Claims

Amid rising tensions and allegations, the United Kingdom is contemplating limiting the participation of Chinese officials in an upcoming artificial intelligence (AI) summit. The...

China’s Holiday Boom: Economic Resilience Amid Rising Tourism and Consumption

Across China, from bustling airplane terminals to jam-packed high-speed railway platforms, the fervor of the upcoming holidays is palpable. Iconic sites like Beijing's Palace...

China’s Economic Reversal: Surging Confidence Amidst Policy Support

China released its economic data for August, surpassing expectations and signaling a robust recovery for the world's second-largest economy. This positive outcome comes after...

Havana’s G77+China Summit: Uniting the Global South for Development Challenges

The forthcoming Group of 77 plus China (G77+China) Summit in Havana promises to be an instrumental gathering aimed at addressing the pivotal development challenges...

Zambia’s President Hichilema Pays Tribute at Tiananmen Square: A Symbol of Enduring Friendship

On a cool Thursday morning in Beijing, an important and symbolic event unfolded that once again showcased the deep-rooted ties between the Republic of...

China’s Reserve Requirement Ratio Cut: Implications and Risks

Introduction : The People's Bank of China (PBOC) made a significant announcement on September 15, revealing its decision to reduce the reserve requirement ratio (RRR)...

Unmasking the NPU Cyberattack: China Reveals NSA’s Digital Espionage

Northwestern Polytechnical University (NPU), one of China's top aviation institutions, found itself in the crosshairs of a cyberattack in June 2022. The subsequent investigation...

Protecting Europe’s EV Market: French Minister Boon Supports EU’s Investigation into Chinese Subsidies

The recent announcement of an anti-subsidy investigation into Chinese electric vehicles (EVs) by the European Union Commission has garnered significant attention from the members...

Country Garden’s Debt Concerns: Stakeholders Consult Ashurst Amid Repayment Fears

In recent times, the financial sphere has been buzzing with the rumor that several holders of Country Garden's offshore bonds (2007.HK) are consulting with...

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