On Sept. 25, U.S. President Donald Trump signed an executive order that he says will allow TikTok to continue operating in the country while complying with national security concerns. After a phone call with Chinese leader Xi Jinping on Sept. 19, Trump said he had reached an agreement for a U.S. investor group led by…
Hong Kong is accelerating reforms of its financial market by making the sector’s ecosystem more resilient and comprehensive, a minister has said, as the city grapples with geopolitics and a rapidly changing technology-led global landscape. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would take a two-pronged approach by strengthening its…
When it comes to international conflict, U.S. President Donald Trump learns everything the hard way. On issue after issue—North Korea, Venezuela, Ukraine, Gaza, and more—Trump begins by bucking conventional wisdom and insisting that a bold new approach will yield breakthroughs. Implied, and often said outright, is that past officials who worked on the matter were…
Every time I hear about an American civilian getting picked up and imprisoned in places like Afghanistan, North Korea, Iraq or Iran, I say — what the heck are they doing there anyway? They shouldn’t be there! It always reminds me of the last verse in the Dylan song, “Frankie Lee and Judas Priest,” where he…
The world’s most valuable company may now be facing another China headache, just days after Beijing deemed the chipmaker to have violated the country’s antitrust legislation. China’s top internet regulator, the Cyberspace Administration of China, has asked the country’s leading tech firms, like Bytedance and Baidu, to stop testing Nvidia’s RTX Pro 6000D, reports the…
Authorities are looking into boosting tokenised gold trading in Hong Kong as a step forward to becoming the world’s first such settlement centre and shielding the city against US-dollar dominance amid rising geopolitics, the Post has learned. Sources said Chief Executive John Lee Ka-chiu was expected to enhance efforts to build up Hong Kong into…
Taking a U-turn from his earlier stance, U.S. President Donald Trump on Friday spoke on his post in which he claimed the U.S. was “losing India and Russia to China,” stating that he “does not think that has happened.” Responding to ANI while addressing the media at the White House, Trump also expressed disappointment with…
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in…
When Prime Minister Anthony Albanese returned from his high-profile visit to Beijing earlier this year, the first by an Australian leader in seven years, the tone was hopeful. Trade blockages were thawing, diplomacy was back on track, and Australia’s place in the China conversation seemed more secure. Yet, the substance of the trip felt all…
Nvidia and AMD have reportedly agreed to pay the U.S. government a 15% cut of their revenue from their specialized chip sales in China, in a deal so unconventional the business world is still reeling. The arrangement, effectively a new kind of “export tax,” is an unprecedented move that ends a months-long blockade and reopens…