A bipartisan group of eight U.S. senators on Monday urged President Joe Biden to order a review of the security of the global network of undersea communications cables that handle nearly all the world …
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Senators urge Biden to review security of undersea cables handling world’s internet traffic
More than 400 subsea cables form the backbone of the internet, carrying over 95 per cent of the world’s data traffic. Read more at straitstimes.com.
Top international fashion brands debut new collections as a vote of confidence in China
Top international fashion brands are launching new collections in China economic hub Shanghai, a vote of confidence in the country consumer market …
Germany bets on India to reduce reliance on China
Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany’s reliance on Beijing even if India does not turn …
Apple Partners with China Mobile To Offer Subscriptions
Apple has formed a partnership with China Mobile to offer its more than one billion subscribers in Mainland China access to Apple Music. China Mobile users in mainland China can activate the service …
L’Oreal third quarter sales disappoint as China spends less on beauty
French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty products.
China’s AI-Powered Railgun Shocks U.S. Military: A Hypersonic Threat Set to Dominate Naval Warfare!
China has just taken a massive leap in military technology, leaving U.S. defense officials rattled. By harnessing artificial intelligence (AI), China has cracked the code on railgun technology—a …
The U.S. Military Is Freaked: China Has a Railgun
China’s advancements in military technology, particularly in railgun development, reflect its shift from imitation to innovation. While the U.S. has struggled with its railgun program, China has used …
TSMC says it has alerted US of potential China AI chip curbs violation
Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt to have it manufacture AI chips for China’s Huawei in circumvention of export …
General Motors overcomes US sales drop and China losses to post quarterly profit of $3 billion
U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed to post a third quarter profit of $3 billion Tuesday, slightly less than it made…
China’s Singles’ Day sales festival fails to inspire consumers
China’s largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country’s economic woes.
Oil Gains as China Lifts Crude Import Quota
Both key benchmarks gained more than 1.5% on the day, helped by economic optimism out of China and lingering concerns about potential disruptions from the ongoing conflict in the Middle East.
Column: China iron ore imports head for record even as steel output slips
A more sober reflection of when China’s stimulus is likely to actually result in increased steel demand may have led to iron ore prices moderating, but it’s worth noting they have still held onto most…
