The U.S. military is modernizing and enhancing Guam’s defense against the “rapid evolution of adversary threats.” …
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Top China bank ICBC, world’s largest, posts 3.8% Q3 profit rise
Industrial and Commercial Bank of China Ltd (ICBC), the world’s largest commercial lender by assets, said net profit grew 3.8% year-on-year in the third quarter. Profit was 98.558 billion yuan ($13.84 billion) in the three…
Exclusive-China Tells Carmakers to Pause Investment in EU Countries Backing EV Tariffs, Sources Say
As Beijing continues negotiations over an alternative to tariffs, Chinese automakers including BYD, SAIC, and Geely were told at a meeting held by the Ministry of Commerce on Oct. 10 that they should pause their…
China’s big banks post rise in Q3 profits, squeeze on NIM
China’s largest lenders posted a rise in third-quarter profits on Wednesday, although margins were slimmer for some. The frontrunner was Agricultural Bank of China Ltd (AgBank), which reported a 5.88% …
China cracks down on Halloween, wary of subversion lurking in costumes
Halloween is new to China, but many young professionals embrace costumes as a way to express themselves – and sometimes to send subtle political messages.
Roar of Shenzhen economic engine reflects upgrade ambitions, sets ‘good example for China’
With China’s tech hub reporting higher-than-average economic growth, analysts see the city’s growth path and resilience as a means of countering various challenges, including the threat of amped-up …
China: China successfully launches Shenzhen-19 crewed spaceship
China – The launch of the Shenzhou-19 crewed spaceship is a complete success, according to the China Manned Space Agency (CMSA). China on Wednesday launched the Shenzhou-19 spaceship to send another …
China’s space station gets new crew as Beijing advances President Xi’s “space dream”
A new crew of three Chinese astronauts including the country’s only woman spaceflight engineer entered the Tiangong space station following an early morning launch into orbit.
Chinese investors celebrate ‘Trump’s big win’ with a little-known stock ahead of US elections
As the U.S. election nears, Wisesoft Co. sees its stock double in value due to its Chinese name linked to Trump.
Analysis-China’s looming fiscal package set to stabilise rather than boost growth
China’s planned fiscal package targets damaged property and local government balance sheets that weigh on the economy and fuel deflationary pressures, thus acting as a stabiliser rather than the …
TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk
China has a new richest person – and it’s the entrepreneur behind the wildly popular, and controversial, app TikTok.
China’s new crew has arrived at space station in sign of growing influence in space field
China launched a new three-person crew to its orbiting space station early Wednesday as the country seeks to expand its exploration of outer space.
Asia shares stumble on China anxiety; gold and bitcoin rally
By Rae Wee SINGAPORE (Reuters) -Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the …
