Why China’s yuan is forecast to keep strengthening against the US dollar
Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US dollar amid a stronger-than-expected...
Raytheon wins ESSM Block 2 license production contract from Japan
RTX subsidiary Raytheon has been awarded a US$250 million contract by Japanese prime Mitsubishi Electric Corporation (MELCO) for licensed production of the Evolved Sea...
Beijing sanctions South China Sea legal claim architect Francis Tolentino
Published: 10:43am, 1 Jul 2025Updated: 10:59am, 1 Jul 2025 China has announced sanctions on former Philippine Senate leader Francis Tolentino, a key ally of...
Trump Issues Memo Streamlining Critical Mineral Funding, Permitting
President Donald Trump on June 30 signed a memorandum that the White House in a fact sheet said “fosters interagency coordination” in energy funding...
Smaller Hong Kong developers face defaults amid mounting debts: analysts
Published: 9:30am, 1 Jul 2025Updated: 9:34am, 1 Jul 2025 Hong Kong developer Emperor International Holdings’ inability to repay HK$16.6 billion (US$2.1 billion) in loans...
Japan races against time to avoid US car tariffs as deadline looms
Japan’s top negotiator has made a last-ditch trip to Washington in hopes of heading off a steep US tariff on Japanese cars – but...
Planned Parenthood Defunding Provision Clears Senate Parliamentarian Review in GOP Budget Bill
A Republican provision to block Medicaid funding to Planned Parenthood for one year can remain in the Trump-endorsed One Big Beautiful Bill Act without...
Suning Sells 4 Companies for 4 Yuan, and Carrefour’s China Stores Will Disappear
Suning’s fully-owned subsidiary, Suning International, signed an agreement to transfer 100% of the shares of Carrefour subsidiaries in Ningbo, Hangzhou, Zhuzhou, and Shenyang for...
China ‘folded boy’ stands up straight for first time after gruelling surgeries
A university student, known as China’s “folded boy” due to his spinal condition, has inspired countless people online after undergoing a series of complex...