Ethan Zhao

Ethan Zhao
Senior Reporter
Ethan Zhao is a features reporter at Business Times specializing in company, technology and in-depth. For news tips and feedback, please contact: ethanz@businesstimes.cn

The Latest

  • South Korea Joins Global Crackdown on Chinese AI DeepSeek Over Security Risks
    Chinese AI Startup DeepSeek’s AI Breakthrough Sparks Global Stock Sell-Off, Shaking Nvidia and Rivals
    Governments around the world are tightening restrictions on DeepSeek, a Chinese generative AI platform, over concerns about data privacy and national security risks. South Korea became the latest country to take action, with several government ministries banning the AI chatbot's use on internal networks. Australia, Italy, Taiwan, and the United States have also moved to limit access to DeepSeek, citing fears that sensitive user data could be accessed by Chinese authorities.
  • Philippine House Impeaches Vice President Sara Duterte in Escalating Political Showdown
    Philippine House Impeaches Vice President Sara Duterte in Escalating Political Showdown
    The Philippine House of Representatives voted Wednesday to impeach Vice President Sara Duterte, accusing her of corruption, abuse of power, and plotting to assassinate President Ferdinand Marcos Jr. The unprecedented move intensifies the political battle between the country's two most powerful families and sends the impeachment case to the Senate for trial.
  • Beijing Hits Back at Trump with Tariffs on Coal, LNG, and New Google Probe
    Column: Markets dust off Trump trade war playbook
    China on Tuesday imposed tariffs on a range of U.S. goods and announced a new antitrust probe into Google, marking a rapid escalation in the trade conflict that resurfaced just days into President Donald Trump's second term. Chinese officials said they will introduce levies of up to 15% on American coal and liquefied natural gas, while subjecting other imports, including crude oil, agricultural equipment, and large-engine vehicles, to duties of 10%.
  • Kim Jong-un Lashes Out at Officials Over Drinking Scandal, Orders Purge in Rare Public Rebuke
    Kim Jong un
    North Korean leader Kim Jong-un delivered an unusually harsh public reprimand this week, condemning dozens of party officials for misconduct related to a "group drinking spree," an incident that has led to a sweeping purge within the ruling Workers' Party of Korea (WPK). The rare disclosure, reported by state media, highlights Pyongyang's efforts to reinforce discipline among its elite at a time when the regime is grappling with economic hardship and diplomatic uncertainty.
  • China Discovers Massive Rare-Earth Deposit, Strengthening Its Global Dominance
    China Retaliates With Rare Earths Over U.S. Ban Of Huawei Supply
    China has announced the discovery of a vast rare-earth mineral deposit in Yunnan Province, a finding that could further solidify the nation's near-monopoly over these critical resources. The deposit, located in the Honghe region, is estimated to contain 470,000 tons of rare-earth elements (REEs), positioning it as China's largest known reserve of medium-to-heavy REEs.
  • China Vanke Faces $6.2 Billion Loss Amid Management Shakeup and State Oversight
    China Vanke
    China Vanke, once a pillar of stability in the country's turbulent property market, announced a projected net loss of $6.2 billion for 2024, marking the largest annual loss in the developer's history. The company also revealed a sweeping management reshuffle, with Chairman Yu Liang and CEO Zhu Jiusheng stepping down. The shakeup comes as the embattled developer grapples with mounting debt, falling sales, and a volatile real estate market.
  • South Korea Details Bird Strike and Crash Impact in Jeju Air Report to ICAO, U.S., France, and Thailand
    South Korea Details Bird Strike and Crash Impact in Jeju Air Report to ICAO, U.S., France, and Thailand
    South Korean authorities have submitted their preliminary findings on the Jeju Air crash that killed 179 people to the International Civil Aviation Organization (ICAO) and aviation authorities in the United States, France, and Thailand. The report, released on Monday, provides early insights into the causes of the December 29 disaster, which has become the deadliest air accident in the country's history.
  • South Korea’s President Yoon Suk Yeol Indicted on Rebellion Charges Over Martial Law Decree
    South Korean President Declares Martial Law, Accuses Opposition of Anti-State Activities
    South Korea's political crisis deepened Sunday as prosecutors formally indicted impeached President Yoon Suk Yeol on rebellion charges linked to his brief declaration of martial law last December. The charges, which could carry a sentence of life imprisonment or even the death penalty, mark a historic moment as Yoon becomes the first sitting South Korean president to face criminal prosecution while in office.
  • Chinese Courts Issue Death Sentences in Separate Attacks Targeting Japanese Citizens
    Chinese Courts Issue Death Sentences in Separate Attacks Targeting Japanese Citizens
    Two separate courts in China have handed down death sentences to Chinese nationals convicted of brutal knife attacks on Japanese citizens. The incidents, which occurred in 2023, have drawn international attention and fueled concerns among Japanese expatriates in China.
  • South Korea Slams Trump’s ‘Nuclear Power’ Remarks on North Korea Amid Fears of Policy Shift
    KEY MEETING
    President Donald Trump's assertion that North Korean leader Kim Jong-un is a "nuclear power" has drawn sharp criticism and unease from allies, including South Korea, while reigniting debates over the global approach to North Korea's nuclear ambitions. Speaking to reporters after his inauguration, Trump touted his relationship with Kim and addressed broader threats to U.S. security.
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