January 29, 2025 – In a historic market downturn, U.S. chipmaker Nvidia lost nearly $600 billion in market value on Monday, marking the largest single-day drop in American stock market history. The sell-off was triggered by concerns over advances in artificial intelligence (AI) made by Chinese startup DeepSeek, which many believe could challenge U.S. dominance […]
SHENZHEN, Jan 28 – A Chinese man has been sentenced to death for the fatal stabbing of a 10-year-old Japanese schoolboy in Shenzhen last September, a case that has raised alarm among Japanese expatriates living in China. The verdict, handed down on Friday, follows a similar ruling in Suzhou a day earlier, where a Chinese […]
SINGAPORE, Jan 28 – China appears to be constructing a significant laser-ignited fusion research facility in the southwestern city of Mianyang, a development that could influence both nuclear weapons design and future clean energy advancements, according to experts at two analytical organizations. Satellite imagery analyzed by Decker Eveleth, a researcher at U.S.-based CNA Corp, reveals […]
HONG KONG, Jan 28 – China is reshaping its education system to prioritize physical education as a core component of the curriculum, the Ministry of Education announced. The initiative, part of a broader push for “holistic education,” comes amid growing concerns over rising childhood obesity rates and sedentary lifestyles. Primary and secondary schools across the […]
NEW YORK, – The Central Intelligence Agency (CIA) has assessed that the COVID-19 pandemic is more likely to have originated from a laboratory incident rather than natural transmission, a spokesperson for the agency said on Saturday. The conclusion, which comes with “low confidence,” marks a shift in the agency’s longstanding uncertainty on the matter. For […]
Washington, D.C. — U.S. President Donald Trump has reiterated his administration’s commitment to imposing tariffs on nations with high trade barriers, specifically naming India, China, and Brazil as countries whose policies he claims “harm” America. Speaking to House Republicans at a retreat in Florida on Monday, Trump emphasized that his administration’s strategy aims to boost […]
Asian markets started the week on a cautious note Monday as escalating trade tensions and concerns over artificial intelligence (AI) competition weighed on investor sentiment. Trade Tensions with Colombia Spark ConcernsMarket jitters were fueled by former U.S. President Donald Trump’s decision to impose a 25% tariff on Colombian imports, with the rate set to rise […]
Shanghai, China – January 23, 2025 – A significant number of American businesses operating in China are expressing growing anxiety about the future of US-China relations, according to a recent survey. The annual report by the American Chamber of Commerce in China (AmCham China) revealed that over 51% of respondents expressed concerns about a further […]
Bankable Wisdom, a leading pan-African online learning platform, has been selected as a recipient of the Mastercard Foundation’s Fund for Alumni Start-ups in Transition (FAST) Program. This prestigious grant provides from $5000 to $15,000 in support, empowering Bankable Wisdom to further its mission of equipping African youth with high-demand tech skills and bridging the employment […]
Hong Kong-listed property developer Sunac China (1918.HK) faces a liquidation petition filed by a unit of China Cinda Asset Management (1359.HK), according to the Hong Kong judiciary’s website. The hearing for the petition is scheduled for March 19, 2025. Key Developments Background Sunac was among the top property developers in China before the 2021 debt […]
