Nvidia warns memory shortages are slowing global AI expansion

Nvidia CEO Jensen Huang said the biggest constraint facing the artificial intelligence industry is no longer chip production capacity but access to high bandwidth memory, as demand for AI infrastructure continues to outpace global supply. Speaking during the Dell World conference in Las Vegas, Huang said semiconductor manufacturing is expanding......

Asia climate resilience funding lags 200 billion annual gap

Environ 100 billion dollars have been deployed across Asia for climate resilience efforts over the past five years, yet the region continues to face a large annual financing gap of around 200 billion dollars. A new assessment released Monday shows that current investment levels fall far short of what is required to protect economies and communities......

Japan reaffirms commitment to stable relations with China amid regional tensions

Japan has reaffirmed its commitment to maintaining stable and constructive relations with China despite growing political and military tensions in the Asia-Pacific region. Japanese Foreign Minister Toshimitsu Motegi stated that Tokyo remains dedicated to pursuing a mutually beneficial relationship with Beijing based......

Central banks to increase gold buying to 60 tons monthly in 2026

Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record highs. The forecast signals sustained......

China’s Xpeng starts mass production of robotaxis in Guangzhou

Chinese electric vehicle manufacturer Xpeng Inc has announced the start of mass production of its first robotaxi at its headquarters in Guangzhou, marking a major step toward fully autonomous mobility. The company said it aims to achieve fully driverless operations by early 2027 as it accelerates its development of autonomous driving technology......

Taiwan open to direct Trump–Lai talks amid rising tensions after Beijing summit

Taiwan has said it would welcome a direct phone call between U.S. President Donald Trump and Taiwanese President Lai Ching-te, as concerns grow in Taipei following recent remarks made after a high-level summit between Washington and Beijing. The statement comes after discussions between Trump and Chinese President Xi Jinping, during which......

Solomon Islands reinstates ban on dolphin exports amid environmental concerns

The government of the Solomon Islands has reinstated a ban on the export of dolphins, reversing a decision made by the previous administration shortly before it lost power. The previous government had lifted the long-standing restriction under pressure from a private company seeking permission to capture and export dolphins, a move that sparked......

Australia orders China-linked investors to sell stakes in rare earths company

The Australian government has ordered a group of investors linked to China to divest their shares in rare earths producer Northern Minerals, citing national security concerns over foreign influence in a strategically important sector. Authorities in Canberra said the decision aims to protect Australia’s critical minerals industry, particularly......

Global executions reach highest level since 1981, with Iran leading the figures

The number of executions worldwide reached its highest level since 1981 in 2025, according to a new report by Amnesty International, highlighting a significant rise driven mainly by Iran and continued high levels of executions in China. The report estimates that at least 2,707 executions were carried out globally in 2025, excluding China,......

Earthquake in southern China leaves two dead and thousands evacuated

A powerful earthquake struck southern China, killing two people and forcing thousands of residents to evacuate as emergency teams rushed to affected areas. The earthquake, measured at magnitude 5.2, hit the Guangxi region and caused significant structural damage in several communities. According to Chinese state media, the earthquake occurred......

Xiaomi warns flagship smartphones could exceed $1,400 by late 2026

Xiaomi president Lu Weibing warned Friday that premium smartphones in China could surpass 10,000 yuan, or roughly $1,400 to $1,500, by the second half of 2026 as memory chip shortages continue driving manufacturing costs sharply higher across the industry. The warning came during a livestream event on May 16 titled “Spend a ‘Max’......

China retail sales stall in April as economic momentum weakens

China’s economy lost significant momentum in April as consumer spending nearly stalled and major industrial indicators missed expectations, reinforcing concerns over weakening domestic demand and rising economic pressure. Official data released Monday showed retail sales rose just 0.2% year on year, the weakest pace since late 2022. The......

Trump and South Korea’s Lee discuss outcome of U.S.-China summit

South Korean President Lee Jae Myung and U.S. President Donald Trump held a phone conversation on Sunday to discuss the results of the recent U.S.-China summit, according to the South Korean presidential office. During the call, President Trump reportedly briefed President Lee on his talks with Chinese President Xi Jinping, covering key topics......

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