The Chinese military has showcased reconnaissance WZ-7 drones and crewed fighter jets working together in a video highlighting the country’s growing aerial scouting capacity. According to a retired People’s Liberation Army colonel, such coordination will improve strike capability against fast-moving targets, which is “a lesson that China has learned from the Ukraine war”. The video…
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin Building in Washington, D.C., on June 12, 2024. Kevin Dietsch | Getty Images A flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves…
Text size UPDATES with weather warnings, ADDS details, background Chinese authorities prepared for heavy rain on Sunday as a strong typhoon approached the country’s heavily populated eastern seaboard. Typhoon Bebinca was expected to make landfall along a swath of coastline including the megacity of Shanghai between Sunday night and Monday morning, according to Beijing’s emergency…
Image: YuviApp / LEVEL-5 Update [Sat 14th Sep, 2024 19:30 BST]: The whole of Professor Layton and the Mansion of the Deathly Mirror has been preserved, after all six chapters of the game were found on an F906i phone which has survived a house fire. “In an amazing turn of events, @YuviApp has preserved the…
The world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of brittle markets. A 36-hour monetary rollercoaster will start with the Federal Reserve’s probable decision to cut interest rates on Wednesday, and finish on Friday with the outcome…
Nippon Steel Corp. said Friday it has sent a letter to U.S. President Joe Biden, as its $14.1 billion buyout of United States Steel Corp. is at risk of falling through. The letter, signed by Nippon Steel Chairman and CEO Eiji Hashimoto and U.S. Steel President and CEO David Burritt, was sent on Sunday. Biden…
Two Japanese tourists recently encountered an aggressive confrontation with a Chinese key opinion leader (KOL) while taking photos at the Old Summer Palace in Beijing, igniting a nationwide debate about racism. Also known as Yuanmingyuan Park, the Old Summer Palace was once one of China’s most magnificent royal gardens until it was devastated by a…
A Japanese man became outraged after alleging that he witnessed a Chinese tourist mistreating a wild deer at a national park in Nara City, Japan. He shared a video of the incident on August 30 on his X account @hezuruy, which has since ignited a heated discussion on social media. In the video, a middle-aged…
The Netherlands plans to limit ASML Holding NV’s ability to repair and maintain its semiconductor equipment in China, a potentially painful blow to Beijing’s efforts to develop a world-class chip industry. The government of Prime Minister Dick Schoof will likely not renew certain ASML licenses to service and provide spare parts in China when they…