News
What’s going on here? Hong Kong’s inflation slowed to 1.4% in June from 1.9% in May, as steady underlying prices kept cost pressures muted across the city. What does this mean? The dip in Hong Kong’s consumer price index was partly due to a smaller government electricity subsidy compared to last year. Excluding these one-off…
Bilateral ties with the EU are at a “crucial juncture,” China said on Monday, ahead of an upcoming leaders’ summit in Beijing. “China and the EU are holding the summit at this time which is of great significance and receives international attention,” Foreign Ministry spokesman Guo Jiakun told a news conference in the capital. President…
Two days before the waters of the Guadalupe River swelled into a deadly and devastating Fourth of July flood in Kerr County, Texas, engineers with a California-based company called Rainmaker took off in an airplane about 100 miles away and dispersed 70 grams of silver iodide into a cloud. Their goal? To make it rain…
BEIJING — China’s foreign ministry said Monday that Chenyue Mao, a Wells Fargo banker who has been blocked from leaving the country, was involved in a criminal case and obliged to cooperate with the investigation. Chinese law enforcement authorities have restricted Mao’s exit in accordance with the law, Guo Jiakun, a spokesperson for the ministry,…
By Ana Mano and Cassandra Garrison SAO PAULO/MEXICO CITY (Reuters) -Latin American farmers are in for a rough ride if the U.S. slaps secondary sanctions on buyers of Russian exports, such as the fertilizers essential for cash crops from Mexican avocados to Brazilian soybeans and corn. For farm powerhouse Brazil, which covered about a third…
The Hong Kong Science and Technology Parks Corp (HKSTP) has appointed Terry Wong Ping-sau as CEO, refreshing its top spot after nine years to drive the organisation forward amid advances in technology. Wong be replacing Albert Wong Hak-keung on August 1, the company said in a statement on Monday. He will bring 30 years of…
China’s manufacturing and technology sectors are undergoing a seismic shift as the government intensifies its anti-inflationary policies to address overcapacity and price wars. These measures, coupled with the broader “Made in China 2025” initiative, are reshaping investor sentiment and redefining the competitive landscape. For equity investors, understanding the interplay between state-led interventions and market dynamics…
DAMASCUS (Reuters) -Hundreds of Bedouin civilians were evacuated from Syria’s predominantly Druze city of Sweida on Monday as part of a U.S.-backed truce meant to end fighting that has killed hundreds of people, state media and witnesses said. With hundreds reported killed, the violence in the southern province of Sweida has posed a major test…
Aurora Mobile (NASDAQ: JG) has announced a strategic partnership between its EngageLab platform and China Unicom to develop Smart Integrated Verification (International Edition) for global one-click verification services. The solution leverages China Unicom’s Open Gateway platform, which spans over 160 countries with more than 300 overseas nodes….
July 21 (UPI) — Notorious Ecuadorian gang leader Jose Adolfo Macias Villamar has been extradited to the United States, where he is expected to make his first court appearance on Monday. President Daniel Noboa of Ecuador confirmed late Sunday that Macias, leader of the Los Choneros gang and who is also known as Fito, has…