Hi, it is Pei Li and Manuel Baigorri in Hong Kong, where we’ve been taking a closer look at a comeback in M&A deals by China’s tech giants. Elsewhere, we break down why BP is a takeover target, while strong IPO returns bode well for more listings. Source link
Last April, Xi Jinping, president of the People’s Republic of China, said in a speech that in the past five years, China has built “the world’s largest and most complete new energy industry chain.” That was no idle boast. While much of the focus has been on solar, China is also a leader in both…
The ministry of external affairs on Thursday said that a joint statement could not be adopted at the Shanghai Cooperation Organisation (SCO) defence ministers’ meeting, as consensus could not be reached, particularly on the issue of terrorism. India said no joint statement was issued at the SCO defence meet.(ANI Grab File) “We had our defence…
BARCELONA, Spain — Jilted, betrayed, dumped, or defiant. It’s hard to describe the European Union after relentless attacks from its once-dependable ally, the United States. The threat from Donald Trump’s second administration against Greenland, its sweeping tariff plans and courtship of Moscow have firmed up some European leaders’ vows to reduce their reliance on America….
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China’s Zhejiang province Thursday, June 26, 2025. Feature China | Future Publishing | Getty Images BEIJING — Chinese smartphone company Xiaomi is taking aim straight at rival Tesla with a new electric SUV. Xiaomi’s luxury YU7 SUV will start…
China is still doing their best to grow and spread their influence across the globe, as close to the United States as possible. One way of doing this is by becoming more involved in ports across the globe, including ports in Latin America. According to a recent study done by the Center for Strategic and International Studies,…
HONG KONG — A girl was found alive and unharmed more than seven hours after heavy rain swept her into a sewer in China, rescuers said Tuesday. On her way home from school Monday, “rushing waters” pulled the 8-year-old into a drainage ditch while she attempted to pick up a lost shoe, firefighters in the…
OpenAI has raised concerns about Chinese artificial intelligence firm Zhipu AI, calling it a major player in China’s bid to dominate the global AI market. In a blog post published Wednesday (June 25), the company said Zhipu AI has made “notable progress” and is on the “front line” of Beijing’s push to expand its AI…
HONG KONG — For fans of the red panda, it would have been the ultimate experience — a wake-up call from one of the furry creatures on your hotel bed. But that was until pictures and videos went viral on Chinese social media, prompting a crackdown by authorities in the country. In one video verified…
NEW DELHI/BEIJING (Reuters) -Defence ministers of the Shanghai Cooperation Organisation (SCO) meeting in China were unable to adopt a joint statement at the end of their talks due to a lack of consensus on referring to “terrorism”, the Indian foreign ministry said on Thursday. SCO is a 10-nation … Source link