Ethan Zhao
Senior Reporter
The Latest
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Japan’s New Prime Minister Shigeru Ishiba Vows to Strengthen Defense Ties and Boost Economy
Japan's newly appointed Prime Minister Shigeru Ishiba has outlined an ambitious agenda to strengthen national defense and invigorate the economy as he steps into leadership amid escalating regional tensions and domestic challenges. Elected as the head of the ruling Liberal Democratic Party (LDP) last week, Ishiba's ascent comes on the heels of his predecessor Fumio Kishida's resignation amid corruption scandals that plagued his administration. 
Japan's newly appointed Prime Minister Shigeru Ishiba has outlined an ambitious agenda to strengthen national defense and invigorate the economy as he steps into leadership amid escalating regional tensions and domestic challenges. Elected as the head of the ruling Liberal Democratic Party (LDP) last week, Ishiba's ascent comes on the heels of his predecessor Fumio Kishida's resignation amid corruption scandals that plagued his administration. -
Beijing Eases Homebuying Rules as China Ramps Up Efforts to Stabilize Property Market
Beijing, alongside other major Chinese cities, has moved to ease home purchase restrictions in a bid to stimulate demand in the struggling property market. On Monday, Beijing announced new measures aimed at reducing the financial barriers for homebuyers, following similar moves by Shanghai and Shenzhen. 
Beijing, alongside other major Chinese cities, has moved to ease home purchase restrictions in a bid to stimulate demand in the struggling property market. On Monday, Beijing announced new measures aimed at reducing the financial barriers for homebuyers, following similar moves by Shanghai and Shenzhen. -
China Stocks Soar in Biggest One-Day Rally Since 2008 Amid Aggressive Stimulus Push
Chinese stocks experienced their most significant single-day rally in 16 years on Monday, with domestic A-shares hitting an all-time high turnover. This came as investors rushed to capitalize on Beijing's latest wave of aggressive stimulus measures aimed at reviving a sluggish economy. The stimulus, which includes substantial rate cuts and fiscal support, has lit a fire under Chinese equities, pushing the CSI300 blue-chip index to an 8.5% gain at the close, marking a 25% surge in just five days. 
Chinese stocks experienced their most significant single-day rally in 16 years on Monday, with domestic A-shares hitting an all-time high turnover. This came as investors rushed to capitalize on Beijing's latest wave of aggressive stimulus measures aimed at reviving a sluggish economy. The stimulus, which includes substantial rate cuts and fiscal support, has lit a fire under Chinese equities, pushing the CSI300 blue-chip index to an 8.5% gain at the close, marking a 25% surge in just five days. -
China Responds to U.S.-Led Naval Exercises with New Military Patrols in Disputed South China Sea
In a show of military cooperation, the armed forces of five countries, including the United States, Japan, Australia, New Zealand, and the Philippines, conducted joint maritime exercises in the South China Sea over the weekend. 
In a show of military cooperation, the armed forces of five countries, including the United States, Japan, Australia, New Zealand, and the Philippines, conducted joint maritime exercises in the South China Sea over the weekend. -
Shigeru Ishiba Elected Japan’s New Prime Minister Amid Political and Security Shifts
Shigeru Ishiba, a former Defense Minister, has been elected as the leader of Japan's ruling Liberal Democratic Party (LDP), setting him up to become the next Prime Minister. His election comes at a crucial time as Japan faces growing security threats from its regional neighbors and significant economic challenges at home. The LDP, which has maintained nearly continuous control over Japanese politics since World War II, saw Ishiba's more centrist stance as an opportunity to regain public trust after a series of scandals that plagued outgoing Prime Minister Fumio Kishida's government. 
Shigeru Ishiba, a former Defense Minister, has been elected as the leader of Japan's ruling Liberal Democratic Party (LDP), setting him up to become the next Prime Minister. His election comes at a crucial time as Japan faces growing security threats from its regional neighbors and significant economic challenges at home. The LDP, which has maintained nearly continuous control over Japanese politics since World War II, saw Ishiba's more centrist stance as an opportunity to regain public trust after a series of scandals that plagued outgoing Prime Minister Fumio Kishida's government. -
Chinese Nuclear Submarine Sank at Dock, Satellite Images Reveal
The Zhou-class submarine, China's first of its kind, reportedly sank while docked at the Wuchang shipyard near Wuhan between May and June of this year. 
The Zhou-class submarine, China's first of its kind, reportedly sank while docked at the Wuchang shipyard near Wuhan between May and June of this year. -
Global Stock Surge Fueled by Chinese Stimulus as Oil Prices Drop, But Risks Remain
Global markets surged on Thursday, led by a rally in Asian stocks after China announced aggressive economic stimulus measures aimed at bolstering its slowing economy. European equities followed suit, with the Stoxx 600 index jumping 1%, inching closer to an all-time high set in August. Chinese onshore blue chips and Hong Kong's Hang Seng Index also saw gains of over 4%, driven by renewed optimism from Beijing's fiscal efforts. 
Global markets surged on Thursday, led by a rally in Asian stocks after China announced aggressive economic stimulus measures aimed at bolstering its slowing economy. European equities followed suit, with the Stoxx 600 index jumping 1%, inching closer to an all-time high set in August. Chinese onshore blue chips and Hong Kong's Hang Seng Index also saw gains of over 4%, driven by renewed optimism from Beijing's fiscal efforts. -
China's Liquidity Measures May Miss Target as Weak Consumer Spending Persists
China's central bank has rolled out its most significant monetary easing measures since the early days of the pandemic, aiming to invigorate the world's second-largest economy amid mounting deflationary pressures. However, economists caution that the People's Bank of China's (PBOC) actions may not address the core issue hindering growth: persistently weak consumer demand. 
China's central bank has rolled out its most significant monetary easing measures since the early days of the pandemic, aiming to invigorate the world's second-largest economy amid mounting deflationary pressures. However, economists caution that the People's Bank of China's (PBOC) actions may not address the core issue hindering growth: persistently weak consumer demand. -
Chinese E-Commerce Giants Surge as Central Bank Unveils Boldest Stimulus Package Since Pandemic
The shares of Chinese e-commerce powerhouses Alibaba, JD.com, and Pinduoduo surged on Tuesday after the People's Bank of China (PBOC) announced a sweeping stimulus package aimed at reviving the country's struggling economy. This marks the most aggressive intervention by China's central bank since the pandemic, designed to counter sluggish economic growth and reinvigorate key sectors, including real estate and technology. 
The shares of Chinese e-commerce powerhouses Alibaba, JD.com, and Pinduoduo surged on Tuesday after the People's Bank of China (PBOC) announced a sweeping stimulus package aimed at reviving the country's struggling economy. This marks the most aggressive intervention by China's central bank since the pandemic, designed to counter sluggish economic growth and reinvigorate key sectors, including real estate and technology. -
UN Chief Guterres Condemns Global Impunity as Wars Rage in Ukraine, Gaza, and Sudan
United Nations Secretary-General António Guterres issued a stark warning to world leaders at the UN General Assembly on Tuesday, condemning the increasing number of governments and groups that act with impunity in conflict zones across the globe. 
United Nations Secretary-General António Guterres issued a stark warning to world leaders at the UN General Assembly on Tuesday, condemning the increasing number of governments and groups that act with impunity in conflict zones across the globe.
