In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed market prices suggested, the British bank said in a report. However, in a worst-case scenario, assuming lower proceeds from onshore assets and netting out intragroup balances, the estimated recovery would drop to just…
Suicide Bombers Storm Pakistan’s FC Headquarters In Peshawar As Explosions Rock High-Security Zone Pakistan’s internal security was shaken again as gunmen and suicide bombers launched a deadly attack on the Frontier Corps headquarters in Peshawar. Police confirmed that multiple blasts occurred after two suicide attackers targeted the high-security facility, killing at least three people and…
HONG KONG — Baidu Inc. posted another quarterly revenue decline and an unexpected net loss, while its latest AI model failed to impress investors last week, reflecting the struggle of Chinese tech giants to balance investments in AI development with revenue generation. Source link
Chinese President Xi Jinping has warned that China is entering a period where “strategic opportunities exist alongside risks and challenges, while uncertainties and unforeseen factors are rising,” as the Communist Party approved the framework for its next five-year plan. The remark, reported by the South China Morning Post (SCMP), reflects growing concern within Beijing over…
Updated Oct 21, 2025 10:02 IST Photo : ET Now Digital 155% tariff from Nov 1 on China? What Donald Trump just said US President Donald Trump said on Monday that the US commands ‘great respect’ from Beijing and that he will reach a ‘fantastic deal’ with Chinese President Xi Jinping when the two leaders…
TAIPEI — After more than a decade in the business, Hu, a representative of a distributor selling foreign-made silicon wafers in China, says he has been shaken by a recent trend: the rapid rise over the past two years of Chinese manufacturers offering the products at just half the price of leading Japanese rivals. Source link
Premium Updated Oct 3, 2025, 08:53 PM IST The news, reportedly circulating on social media, suggested that SMEE’s EUV machine was on display at a major trade show in Shanghai. Shares of Shanghai Zhangjiang Hi-Tech Park Development, a stakeholder in SMEE, surged by the daily 10 per cent limit for two consecutive days. How rumors…
Equities Chinese tech companies dominate list of global top performers last quarter Chinese AI chip company Cambricon Technologies saw its valuation more than double in the July-September quarter. (Photo by Tomoko Wakasugi) KENSAKU IHARA and CHIHIRO ISHIKAWA October 2, 2025 03:41 JST HONG KONG/TOKYO — Chinese companies related to artificial intelligence including chipmaker Cambricon were among…
Agencies This year’s National Day break overlaps with the Mid-Autumn Festival, creating an eight-day “super golden week” that is being viewed as a litmus test for domestic demand – covering everything from retail sales and box office takings to spending on travel, dining and entertainment. The first batches of hairy crabs hit markets across China…
The United States formally determined in January 2021 that China’s actions in Xinjiang constitute genocide, according to the US State Department. Photo : AP Chinese President Xi Jinping visited Urumqi in late September to mark the 70th anniversary of the Xinjiang Uyghur Autonomous Region, according to Reuters. The trip was heavily publicised by state broadcaster…