In Johannesburg, AB InBev shares were down 9.1% to ZAR1,087.41 on Thursday morning. They were down 9.5% to EUR52.58 in Brussels. First half revenue fell 4.2% to USD28.63 billion from USD29.88 billion …
Monthly Archives For July 2025
44 dead, including 31 from a nursing home, 9 missing in heavy rainfall in Beijing: Beijing authority
The recent heavy rainfall in Beijing has resulted in 44 deaths and nine people missing, with death toll including 31 from a nursing home in Miyun district, Beijing authority revealed during the press conference on…
Satellite Imagery Shows China Upgrading Aircraft Carrier Base
AllSource Analysis—a Colorado-based geospatial intelligence provider—shared satellite imagery taken on July 17 that shows what it described as “ongoing construction activity” at Yulin Naval Base, located on the East Asian power’s southern island province of…
Tariff impact on China’s economy to be apparent from August onwards if there isn’t a US-China deal
Qin Yong of Sumitomo Mitsui Banking Corporation (China) says there could be a significant slowdown of China’s GDP growth in the second half of 2025, and that there could be some “very worrying” …
China Galaxy, CICC plan over $1 billion investment funds in Southeast Asia
SINGAPORE (Reuters) – State-backed investment banks China International Capital Corp and China Galaxy Securities plan to launch funds worth a total of more than $1 billion in Southeast Asia, seeking …
Nvidia’s China-bound H20 AI chips face Beijing scrutiny over ‘tracking’ and security concerns
Nvidia met with Beijing officials on Thursday regarding potential national security risks posed by the resumption of its H20 chip exports to the country.
Beijing accelerates recovery efforts after rare downpours
BEIJING — Beijing is ramping up recovery efforts to restore power, clear roads and deliver essential supplies to residents displaced by flash floods and landslides triggered by some of the most intense rainfall in the…
China summons Nvidia over ‘serious security issues’ with chips
China’s cyber regulator on Thursday said it had called in Nvidia for a meeting over alleged “serious security issues” with the company’s artificial intelligence chips. It said US AI experts had “revealed that Nvidia’s computing…
Death toll rises in China’s north following extreme rain, state media says
BEIJING (Reuters) -Extreme weather killed at least eight people in the city of Chengde just outside the Chinese capital Beijing, with 18 still unaccounted for, as heavy rainfall pounded the hilly region over the past…
Chinese mobile operators dominated IoT connectivity services in 2024
A new report from the IoT market research firm Berg Insight revealed that Chinese mobile operators dominated in worldwide IoT connections, with the top 3 Chinese operators accounting for more than 70% …
Exclusive: China Galaxy, CICC plan over $1 billion investment funds in Southeast Asia
State-backed investment banks China International Capital Corp and China Galaxy Securities plan to launch funds worth a total of more than $1 billion in Southeast Asia, seeking to grab a slice of a lucrative market…
China’s central bank set a stronger-than-expected yuan reference rate
China’s central bank stepped in on Thursday, July 31, to stop the yuan from sliding further after the currency dropped to its weakest point in two months against the U.S. dollar. The People’s Bank of…
China Banking Corp. posts record P13B net income
The SY family-led China Banking Corp. (Chinabank) posted a record net income of P13 billion in the first half of 2025, marking a 14 percent increase from P11.4 billion in the same period last year,…
