News in brief
The U.S. Food and Drug Administration (FDA) has accepted for review multiple applications from China’s Hybio Pharmaceutical for a generic version of a widely used GLP-1 class drug, the company said in a stock exchange filing on Tuesday. The applications relate to an abbreviated new drug application......
Chinese technology company Meituan has announced the release of LongCat-2.0, a next-generation large language model (LLM) that the company says was developed entirely using Chinese-made processors, marking a significant milestone in the country's drive for greater technological self-reliance. The......
China's Foreign Minister Wang Yi is set to embark on a week-long diplomatic mission across Northern Europe, underscoring Beijing's continued engagement with the Nordic region at a time of evolving geopolitical and economic dynamics. The Chinese foreign ministry announced that Wang Yi will travel......
China has announced new and tightened export restrictions targeting 40 Japanese companies, in a move that Beijing says is aimed at preventing the “remilitarization” of Japan amid growing political and security tensions between the two countries. According to a statement released by China’s......
A 5.5-magnitude earthquake struck Sichuan Province in southwestern China early Monday, leaving 13 people with minor injuries and prompting a rapid emergency response from local authorities. According to official reports, the earthquake hit Gaoxian County in the city of Yibin shortly after midnight Beijing......
Chinese entrepreneur Wang Bing has become one of the most talked-about figures in global markets after his fortune surged to $4.7 billion, following a dramatic rise in the value of shares in his company, Chongqing Jinori Technology. The sharp increase came after the company’s listing on the Shanghai......
Morocco and China have taken a significant step toward expanding their strategic partnership by signing three cooperation agreements designed to strengthen customs collaboration, facilitate international trade and enhance supply chain security. The agreements were signed in Brussels during the annual......
A rare small aircraft accident in Beijing has renewed attention on aviation safety in one of the world's most tightly regulated airspaces. The incident, involving a light aircraft that reportedly struck one of the capital's tallest buildings, stands out as an unusual event in a city where civilian......
The military partnership between Morocco and the United States could take a significant new step. The American defense authorization bill for fiscal year 2027 (National Defense Authorization Act – NDAA 2027) outlines a roadmap aimed at sustainably strengthening bilateral cooperation, with a vision......
Standard Chartered has upgraded its outlook on Asia ex-Japan equities to “overweight,” citing strong earnings potential, accelerating artificial intelligence investment, and improving macroeconomic conditions across the region. The bank’s latest positioning highlights Taiwan and China......
Major Asian energy companies PetroChina and Indian Oil Corporation have reportedly failed to secure very large crude carriers (VLCCs) to transport Iraqi Basrah crude for late June loading, according to industry and shipping sources, highlighting tightening conditions in global oil shipping markets. The......
China has vowed to take what it described as “resolute countermeasures” following the launch of a new Taiwanese website designed to collect information from individuals in mainland China, escalating already tense relations between Beijing and Taipei. The website, reportedly established by......
The resumption of international exchanges is gaining momentum in China. Since the beginning of the year, Beijing has surpassed the threshold of 10 million international entries and exits, achieving this milestone more than two weeks ahead of last year's pace. This progress illustrates the impact of measures......
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