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Wednesday, January 28, 2026

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

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Carney says Canada won’t pursue free trade with China after Trump’s 100% tariff threat

Canada’s Prime Minister Mark Carney says Ottawa has no plans to pursue free trade with China, responding to Trump’s threat of 100% tariffs and reaffirming USMCA commitments.

EU and India finalize “mother of all deals” as tariffs fall and market access expands

The EU and India finalized a landmark free trade agreement aimed at cutting tariffs on most goods, easing access for services and investment, and reshaping trade ties across a combined market of about 2 billion people.

Storm Chandra batters UK and Ireland with flooding, school closures and travel disruption

Storm Chandra brought heavy rain and strong winds to the UK and Ireland, triggering flooding, rescues, school closures, flight and ferry cancellations, and widespread power outages.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Iranian Rial Plummets to Record Low Amidst Protests and Economic Strain

Iran's currency, the rial, hits a record low of 1.5 million against the US dollar amid ongoing protests and international pressure.

Celebrating the Power of Reading: Insights from Influential Voices at the “My Reading Life” Essay Contest

The "My Reading Life" essay contest, supported by the Taofen Foundation and launched by a major Chinese newspaper, has recently brought together a mosaic...

Navigating Quality and Growth: China’s Web Mini-Drama Industry Under Scrutiny

In China, the burgeoning field of web mini-dramas, popular among the youth and primarily consumed on platforms like Bilibili and Douyin, is facing a...

A Journey Through Dance and Life: The Story of a Hong Kong Ballet Dancer and Choreographer

Born into a family running a light bulb factory in Causeway Bay, Hong Kong, in 1964, I grew up in a household where art...

Tragic End and Legal Consequences: Women Fined for Friend’s Alcohol Poisoning Death in China

In a sobering incident in Nanchang, Jiangxi province, southeastern China, three women faced legal repercussions following the death of their friend, Xiaoqiu, due to...

Outcry Over ‘Mickey Ears’ Cosmetic Surgery Trend on Pets in China

In China, a disturbing trend is emerging among pet owners who are opting for cosmetic surgery to modify their pets' ears to resemble Disney's...

UN Declares Lunar New Year as Official Floating Holiday: Celebrating Global Cultural Diversity

The United Nations General Assembly's unanimous decision to designate the Lunar New Year as an official UN floating holiday marks a historic moment in...

China’s Flourishing Book Culture: Embracing Tradition and Innovation

Despite the rise of short-format content like video clips and news bites, traditional books continue to hold a special place in the hearts of...

Rare Crystallized Dinosaur Egg Fossils Discovered in Hubei, China

In a remarkable paleontological discovery, the Hubei Institute of Geosciences (HIG) announced the uncovering of three exceptionally rare crystallized dinosaur egg fossils in Shiyan,...

Exploring Oracle Bone Inscriptions: Zhang Jixia’s New Insights in ‘The Origins of Chinese Characters

In Beijing, linguist and book editor Zhang Jixia offers a fresh perspective on Chinese characters and their origins, particularly focusing on the ancient script...

Debate on University Campus Openness in China: Balancing Public Access and Security

Recently, discussions on whether universities in China, especially renowned ones like Peking University and Tsinghua University, should open their campuses to the public have...

Confucius Institute in Tanzania Celebrates a Decade of Cultural Exchange and Language Learning

The Confucius Institute at the University of Dar es Salaam, Tanzania, is celebrating a milestone - its 10th anniversary. This decade-long journey has significantly...

UNESCO International Institute for STEM Education to Open in Shanghai

The UNESCO International Institute for STEM Education (IISTEM), China's first Category 1 UNESCO institute, is set to open in Shanghai's Xuhui district. This significant...

Revival of Hong Kong TV: ‘The Queen of News’ Marks New Era in Chinese Television

Hong Kong's television studio TVB has recently made waves with its drama series "The Queen of News," garnering widespread acclaim and audience engagement across...

China’s Cultural Renaissance: Advancing Global Civilization in 2023

The year 2023 stands out as a milestone in China's cultural evolution, marked by significant contributions from President Xi Jinping. His speeches and theories,...

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