China’s Aland Health is exploring a potential sale and has begun seeking buyers at a valuation exceeding $1.5 billion, according to people familiar with the matter. The privately held health supplements maker has reportedly engaged financial advisers to sound out interest from both domestic and international investors, the sources told Reuters, requesting anonymity because the […]
The United States and China have agreed to extend their current tariff truce by an additional 90 days, delaying a planned increase in duties and offering a temporary reprieve in the ongoing trade dispute between the world’s two largest economies. The agreement, announced late Monday following high-level talks, will maintain existing tariffs at current levels […]
South Korean battery materials producer Posco Future M has signed a memorandum of understanding (MOU) with a leading Chinese company to collaborate on a major battery materials project, as global demand for electric vehicles (EVs) continues to accelerate. The agreement, announced on Monday, will see Posco Future M work with China’s CNGR Advanced Material Co. […]
Saudi Arabia’s crude oil shipments to China are set to fall next month as Chinese refiners scale back purchases in response to sluggish domestic demand and high global prices, industry sources have revealed. According to three traders with direct knowledge of the matter, state-owned giant Saudi Aramco has informed several Chinese buyers that their September […]
A prominent Thai tycoon and a Chinese construction company have been formally charged in connection with a deadly building collapse in Bangkok that claimed multiple lives and left dozens injured. The charges, announced by Thailand’s Office of the Attorney-General on Monday, follow a months-long investigation into the partial collapse of a high-rise development in the […]
China is using the ongoing Chengdu World Games as a platform to promote international friendship and cultural exchange, with athletes and spectators from across the globe gathering in the southwestern city to compete and connect. The multi-sport event, featuring both Olympic and non-Olympic disciplines, has drawn participants from more than 100 countries and regions. Organisers […]
Stocks inched higher on Thursday as investors weighed the possibility of significant changes to US Federal Reserve policy, while gold prices climbed sharply amid renewed demand for safe-haven assets. Major equity benchmarks posted modest gains, with traders cautiously optimistic that the Fed may signal a shift in its interest rate strategy in the coming months. […]
A simulated Chinese blockade of Taiwan has highlighted Singapore’s potential role as a critical logistics and supply hub for the self-ruled island, according to defence analysts involved in the exercise. The war game, conducted by regional security experts and former military officials, modelled a scenario in which China seeks to isolate Taiwan by cutting off […]
Proposed identity verification requirements in Hong Kong’s upcoming stablecoin legislation are stirring unease among crypto industry players, who warn that the new rules could stifle innovation and drive firms out of the city’s digital asset ecosystem. The bill, designed to regulate the issuance and governance of stablecoins, mandates strict Know-Your-Customer (KYC) and Anti-Money Laundering (AML) […]
A deadly accident on a suspension bridge in China’s far-western Xinjiang region has claimed the lives of five people after a supporting cable suddenly snapped, local authorities confirmed on Thursday. The incident occurred in a mountainous area frequently visited by tourists. According to preliminary reports, several people were on the bridge when the cable gave […]
