- November 24th, 2024
Asian shares rallied on Monday, reversing earlier losses, as South Korea’s Samsung Electronics Co. Ltd. surged following a surprise stock buyback announcement. The regional equities benchmark rose 0.3%, buoyed by gains in Hong Kong and mainland China, while Japanese markets...
The ongoing construction of Chancay Port, a key Belt and Road Initiative (BRI) project, has become a transformative force for local economies and communities in Peru. Situated approximately 78 kilometers north of Lima, the port has provided thousands of jobs...
Months after President Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACAA) into law, its fate now faces potential upheaval with Donald Trump’s reelection. The law, which aims to sever Chinese ownership of TikTok, may encounter...
Egypt’s economy, once buoyed by a thriving middle class and ambitious development projects, now finds itself in the grips of a prolonged crisis. Amid a series of International Monetary Fund (IMF)-backed economic reforms, the middle class, long considered the backbone...
The global semiconductor supply chain, the United States announced on Friday (Nov 15) that Taiwanese chip manufacturing giant Taiwan Semiconductor Manufacturing Company (TSMC) will receive up to $6.6 billion in direct funding to construct three state-of-the-art chip plants in Arizona. ...
As Chinese President Xi Jinping strives to position the yuan as a stable and influential currency in global trade, the specter of Donald Trump’s potential return to the U.S. presidency looms large, threatening to derail these ambitions. With global trade...
In the growing threat of state-sponsored cyber-espionage, hackers linked to a Chinese intelligence agency successfully breached T-Mobile's network as part of a larger campaign targeting multiple U.S. and international telecommunications companies. This revelation, reported by The Wall Street Journal on...
Bluesky, a social media platform championed by former Twitter CEO Jack Dorsey, is emerging as a haven for disenchanted users of X (formerly Twitter). Its rise underscores a growing demand for platforms that prioritize community, moderation, and innovation over corporate-driven...
China is gearing up for a critical step in its ambitious quest to establish the first permanent lunar base, with an in-space experiment designed to test the feasibility of constructing bricks from the Moon’s soil. On Friday, November 15, a...
Alibaba Group Holding failed to meet analysts' expectations for its quarterly sales, citing ongoing economic uncertainty in China that has dampened consumer spending. The e-commerce giant's revenue for the second quarter ended September 30 reached 236.50 billion yuan (US$32.72 billion),...
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