The start of the U.S.-Russian talks on ending the war in Ukraine adds another bearish geopolitical factor for oil prices this year. As top U.S. and Russian officials are meeting in Saudi Arabia to discuss the possible end of the war without Ukraine’s participation, the market is starting to come around to the potential of…
Former Hong Kong media boss Jimmy Lai Chee-ying has defended the publication of an opinion piece that discussed US sanctions against a former chief executive in his now-defunct tabloid newspaper after the enactment of the national security law, saying the piece was not advocating penalties. Prosecutors grilled Lai on Wednesday about the piece headlined “Will…
Former Hong Kong media boss Jimmy Lai Chee-ying has defended the publication of an opinion piece that discussed US sanctions against a former chief executive in his now-defunct tabloid newspaper after the enactment of the national security law, saying the piece was not advocating penalties. Prosecutors grilled Lai on Wednesday about the piece headlined “Will…
OpenAI is keen to collaborate with China, according to chief executive Sam Altman, in a 180-degree turn for the company nearly eight months after tightening measures that barred the mainland and other “unsupported countries and territories” from accessing ChatGPT and its other artificial intelligence (AI) services. “We’d like to work with China,” Altman told Sky…
The reputation of Hong Kong’s legal system is of paramount importance as the city seeks to forge international ties and attract talent, tourists and investment in the Year of the Snake. Leading lights of the profession used the ceremonial opening of the legal new year to express defiance in the face of a barrage of…
Beijing will take necessary measures to defend its legitimate interests, China’s Ministry of Commerce said on Friday after Japan announced a series of tech and trade curbs, including sanctions on more than a dozen Chinese companies. “For some time, certain countries have broadened the concept of national security and abused export controls to suppress China’s…
Chinese IT firms are expanding in Russia, filling the gap left by Western exits after the invasion of Ukraine. While Chinese companies are taking advantage of the ever-stronger economic ties between the two countries, concerns are being raised about Russia’s level of dependence on its neighbor at a time when it is being choked by…
The Russian economy is facing the prospect of a huge rise in corporate bankruptcies as firms are driven to the edge by a record key interest rate. The Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF), which is close to the Russian government, said that one in five manufacturing enterprises must pay two-thirds of pretax…
“We understand that this country’s political leadership can’t imagine that anyone could act freely and independently without some kind of personal gain,” Maštalír said. The protest rallies, which happened simultaneously in more than 30 Slovak towns, were organized by the “Slovakia is Europe” NGO in response to a sharp foreign policy turn toward Moscow by…
Beijing has altered Secretary of State Marco Rubio’s Chinese name, prompting questions over whether the Chinese Communist Party is dropping its sanctions against America’s top diplomat. Newsweek reached out to the U.S. State Department by email for comment. Why It Matters Rubio’s appointment has widely been seen as a sign that President Donald Trump plans…