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China’s industrial profits decline sharply in October amid weak demand and uneven sector performance

China’s industrial profits fell by 5.5 percent in October compared to the same month last year, marking a significant reversal after two months of strong growth. The drop highlights the persistent economic challenges faced by the country’s industrial sector, despite eased trade tensions with the United States and recent government......

Trump advises Japan to avoid provoking China over Taiwan

Former U.S. President Donald Trump has reportedly advised Japanese Prime Minister Sanae Takaichi to avoid escalating tensions with China over Taiwan, according to information cited by the Wall Street Journal. The diplomatic suggestion comes after a series of sharp exchanges between Tokyo and Beijing earlier this month. Relations between the......

China condemns Japan’s missile deployment plan near Taiwan as ‘Extremely Dangerous’

China has strongly condemned Japan’s reported plan to deploy missiles on Yonaguni Island, located near Taiwan, calling the move “an extremely dangerous” and warning it could escalate regional tensions. At a press conference, Peng Qing’en, spokesperson for China’s State Council Taiwan Affairs Office, said that......

Taiwan announces $40 billion defence budget to counter Chinese threats

Taiwan has unveiled a historic $40 billion US dollar (1.25 trillion New Taiwan dollar) supplementary defence budget covering the next eight years, a move President Lai Ching-te described as a commitment to protecting the island’s democracy. “Investing in defence is investing in security and in peace,” Lai said during a press......

China shows interest in new Panama Canal ports

Several Chinese companies have expressed interest in bidding for the construction of two new ports along the Panama Canal, the canal administrator said on Tuesday, even as U.S. President Donald Trump has threatened to reclaim control of the strategic waterway. Earlier this year, Trump claimed that Beijing had gained influence over the canal......

Alibaba cloud and AI fuel revenue growth despite profit decline

Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven by soaring demand for AI-powered services......

Mountain climate shift puts billions at risk

Mountain regions are now warming faster than the rest of the planet, disrupting water supplies, destabilising slopes and putting both local communities and billions of downstream residents at growing risk.​ Climate change in the mountains A major international review of “elevation dependent climate change” finds that temperatures......

China says Washington requested 'Positive and Constructive' call between Trump and Xi

China’s Foreign Ministry said Tuesday that the United States initiated the latest phone call between President Donald Trump and Chinese President Xi Jinping, describing the exchange as cordial and forward-looking. According to ministry spokesperson Mao Ning, the conversation was marked by a “positive, friendly and constructive”......

China condemns planned Japanese missile deployment near Taiwan

China has labeled Japan’s planned deployment of surface-to-air missiles on Yonaguni, the Japanese island closest to Taiwan, as “dangerous,” amid rising regional tensions. The announcement follows statements by Japanese Defense Minister Shinjiro Koizumi indicating that the missile project is “progressing well.” A......

Global stock markets rebound as Fed signals rate cut may be near

World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent and Hong Kong’s Hang Seng Index......

South Korea’s President holds separate talks with Chinese and Japanese leaders amid rising Taiwan tensions

South Korean President Lee Jae Myung held separate meetings on Sunday with Japanese Prime Minister Sanae Takaichi and Chinese Premier Li Qiang on the sidelines of the G20 summit in Johannesburg, as tensions between Tokyo and Beijing over Taiwan continue to escalate. During his discussion with Takaichi, both leaders emphasized the importance......

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