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’s Parliament Impeaches President Yoon Suk Yeol Over Martial Law Debacle
    South Korea's President Yoon Suk-yeol Reshuffles Cabinet, Aiming to Strengthen Position Ahead of Key Parliamentary Elections
    In a historic and dramatic decision, South Korea's National Assembly voted Saturday to impeach President Yoon Suk Yeol following his controversial martial law declaration earlier this month. The vote, passed with 204 lawmakers in favor and 85 opposed, immediately suspends Yoon's presidential powers. Prime Minister Han Duck-soo now serves as acting president under South Korean law.
  • South Korean President Yoon Faces Second Impeachment Bid After Martial Law Backlash
    South Korean President Declares Martial Law, Accuses Opposition of Anti-State Activities
    South Korea's President Yoon Suk Yeol is facing his second impeachment vote in a week, following widespread public and political backlash over his controversial martial law declaration earlier this month. The National Assembly is set to vote on Saturday to decide whether Yoon's actions warrant his removal, a decision that could significantly reshape South Korea's political landscape.
  • China and Egypt Push for Stability in Middle East as 'Uyghur Rebels’ Role in Syria Fuels Concerns
    Wang Yi
    China and Egypt have called for peace and a political resolution in Syria following the stunning collapse of Bashar al-Assad's government and the rise of a new Islamist-led coalition in Damascus. The developments have intensified geopolitical tensions, with China balancing its calls for stability against new threats from Uyghur rebel groups involved in Syria's transformation.
  • Xi Jinping Reportedly Declines Trump’s Inauguration Invitation
    CHINA-US TIES
    Chinese President Xi Jinping has declined an invitation to attend President-elect Donald Trump's inauguration on January 20, sources familiar with the matter told multiple outlets. The decision underscores the strained relations between the U.S. and China, as Trump prepares to reenter the White House amid ongoing trade disputes and tariff threats.
  • China Pushes Back as U.S. Senator Rick Scott Condemns 'Sewage Garlic' Imports
    China Pushes Back as U.S. Senator Rick Scott Condemns 'Sewage Garlic' Imports
    The debate over garlic imports from China has taken a sharp turn, with U.S. Senator Rick Scott calling for an investigation into the safety and labor practices involved in Chinese garlic production, labeling it a "major threat to security and food safety." China's foreign ministry dismissed the allegations, urging American politicians to exercise "common sense and rationality."
  • Top Putin Missile Developer Shot Dead Near Moscow, Reports Point to Ukrainian Involvement
    EXTENDED RULE
    Mikhail Shatsky, a leading figure in Russia's missile development sector, was found shot dead in a forest park near Moscow, according to multiple reports on Thursday. Shatsky, who held the position of deputy general designer and head of the software department at the Mars Design Bureau, was instrumental in modernizing cruise missiles such as the Kh-59 and Kh-69-key weapons in Russia's military operations in Ukraine.
  • South Korea’s Ruling Party Backs Impeachment as Presiden Yoon Vows to 'Fight to the End'
    South Korea's President Yoon Suk-yeol Reshuffles Cabinet, Aiming to Strengthen Position Ahead of Key Parliamentary Elections
    South Korea's political landscape plunged into turmoil this week as President Yoon Suk Yeol defended his controversial decision to declare martial law, a move that has provoked widespread protests, calls for impeachment, and investigations into possible insurrection. Yoon's defiance has deepened political divisions and placed his presidency in peril as his own ruling party now supports his removal from office.
  • ECB Delivers Fourth Rate Cut of 2024
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    The European Central Bank (ECB) announced its fourth interest rate cut of 2024 on Thursday, lowering its key deposit facility rate to 3% from 3.25%. This move confirms market expectations for a quarter-percentage-point reduction and underscores the central bank's commitment to supporting the eurozone economy as inflation continues to moderate. The deposit facility had stood at 4% as recently as September 2023, before the current easing cycle commenced in June 2024.
  • South Korea's Former Defense Minister Attempts Suicide Amid Martial Law Probe
    South Korea's Former Defense Minister Attempts Suicide Amid Martial Law Probe
    The political crisis in South Korea continues to deepen as fallout from President Yoon Suk Yeol's brief martial law declaration triggers protests, legal probes, and a renewed push for impeachment. In a dramatic turn of events, former Defense Minister Kim Yong-hyun, a central figure in the unfolding scandal, attempted to take his own life while in detention, according to Shin Yong-hae, the head of the Korea Correctional Service.
  • North Korea Slams South's President as 'Fascist,' Labels Yoon’s Martial Law Declaration a ‘Desperate Coup’
    North Korea
    North Korea has weighed in on South Korea's political crisis, condemning President Yoon Suk Yeol's brief imposition of martial law as an "insane" and "desperate" move reminiscent of a military dictatorship. The comments mark Pyongyang's first response to the tumultuous events that have plunged one of Asia's most stable democracies into political uncertainty.
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