Pistachio

California’s Pistachio Boom: A Resilient Crop Rising Amid Drought Challenges and China Demand

In a sprawling plant in the heart of California's farmland, millions of pistachios rush down metallic chutes, onto conveyor belts, and through rigorous inspection and packaging. These vibrant green nuts will soon be shipped worldwide, destined to grace grocery store...
Prabowo Subianto

Indonesia’s New Leader Emphasizes Collaboration with China Following $10 Billion Deal: A Shift Towards “Civilizational” Partnership

Indonesia’s recently elected President, Prabowo Subianto, advocated for collaboration over confrontation in his inaugural overseas trip, marking a notable shift in Indonesia’s foreign policy stance towards China. Addressing a business forum in Beijing, where he oversaw the signing of $10...
China Economic

Foreign Investors Withdraw from China Amid Geopolitical Tensions and Economic Slowdown

China’s economy, foreign companies pulled $8.1 billion from Chinese markets in the third quarter of 2023, a sign that investors remain cautious despite China’s recent stimulus measures. New data from the State Administration of Foreign Exchange (SAFE) reveals a nearly...
Bitcoin

Bitcoin Nears $80,000 as Trump’s Pro-Crypto Stance and Favorable Congress Fuel Rally

Bitcoin, the world’s largest cryptocurrency, surged to a record-breaking $79,771 on Sunday, marking a 4.3% increase fueled by optimism surrounding the recent U.S. presidential election. President-elect Donald Trump’s pro-crypto promises, combined with a Congress increasingly stacked with digital asset-friendly lawmakers,...
TSMC- Huawei

U.S. Orders TSMC to Cease Advanced Chip Shipments to China, Heightening Tensions in Semiconductor Industry

With the U.S. government’s restrictions on Chinese technology capabilities, the United States has instructed Taiwan Semiconductor Manufacturing Co. (TSMC) to halt shipments of advanced semiconductor chips to Chinese customers. These chips, which are integral to high-level artificial intelligence (AI) applications,...
Crude Oil

Egypt’s Inflation Continues to Climb Amid Rising Fuel Costs

Egypt’s inflation rate nudged higher for the third consecutive month in October, primarily due to a significant rise in fuel prices as the government continues to enact subsidy cuts to shore up its budget. Annual consumer prices in Egypt's urban...
China's Inflation Eases in September, Puts Pressure on Beijing for Stronger Stimulus Measures

China’s Inflation Slows in October as Domestic Demand Remains Sluggish Amid Property Crisis

China’s economy, the second largest in the world, is continuing to face subdued demand as consumer inflation slowed in October, suggesting a need for sustained policy support to revitalize consumer activity and stabilize the market. Official data released on Saturday...
cybersecurity

Surge in Cyber Attacks by Pro-Russian Hackers on South Korea Linked to North Korea’s Troop Deployment to Russia

Cyber attacks against South Korea have intensified following North Korea’s deployment of troops to Russia in support of Moscow’s war efforts in Ukraine, according to South Korea’s presidential office. On Friday, an emergency security meeting was held in Seoul after...
Manolo Blahnik Opens First Store in Mainland China After 22-Year Trademark Battle

Manolo Blahnik Opens First Store in Mainland China After 22-Year Trademark Battle

The iconic high-end shoe brand Manolo Blahnik, known for its celebrity fanbase and a lasting association with the TV show Sex and the City, has finally opened its first boutique in mainland China. This historic moment marks the end of...
US Federal Reserve

US Federal Reserve Shrugs Off Political Tensions, Cuts Rates Amid Trump’s Election Win

The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...
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