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In 2006, an American aircraft carrier with a dozen warships was trailed by a Chinese submarine. Years later US sold the ship for a centIn October 2006, a remarkable event occurred when a Chinese Song-class submarine shadowed the USS Kitty Hawk without detection during naval...- Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
- Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...
- A day after Christmas in 2020, a 28-year-old Chinese man lifted his sleeping ex-girlfriend’s eyelids, scanned her iris to unlock Alipay and transferred $24,000 to pay off his gambling debtsA disturbing incident unfolded in Nanning, China, where a 28-year-old man deceitfully stole nearly $24,000 from his ex-girlfriend's Alipay ...
- Woman buys 196 parking spaces for Rs 20 crore, residents sue after she doubles rental chargesA woman surnamed Wu in Changsha, China, bought 196 parking spaces for Rs 19.36 crore in 2018 and later rented and listed them for sale at h...
- Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- Will EU press the ‘kill switch’ on China? Trade war looms over talksEU officials are raising alarms over the escalating trade deficits with China, exceeding one billion euros on a daily basis. The spike in C...
- Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
- A 60-year-old Chinese farmer chopped off his right index finger after a venomous snakebite, believing he had just 5 steps to live; then traveled 50 miles to learn he didn’t need toIn October 2019, a 60-year-old farmer from China amputated his finger after being bitten by a snake. He believed the myth that a five-step ...
- Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
- Webull’s 29% stock plunge follows a deeper question: how much of its U.S. brokerage depends on China-linked people, technology and infrastructureWhat sent Webull stock down? Webull stock fell as much as 29% after a House report said the brokerage’s China connections pose a national s...
- Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
- DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
- China says venture funding rebounds as investors back AI, quantum technologyChina's venture capital sector is recovering, with investment in early-stage startups, smaller companies, long-term projects and hard-tech ...
- China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
- China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
- Global Market: Chinese yuan dips as dollar gains on Fed hike bets; Trump-Xi talks eyedChina’s yuan weakened against the US dollar as expectations of a near-term Federal Reserve rate hike lifted the greenback, while investors ...
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