Ethan Zhao
Senior Reporter
The Latest
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Beijing Issues Stern Warning to NATO Member Over Potential Taiwan Strait Transit
China has issued a stern warning to Germany, a NATO member, cautioning against the potential passage of German warships through the sensitive Taiwan Strait. The warning, delivered on Monday, underscores the escalating tensions in the region as Beijing asserts its control over Taiwan, a self-governed island that China considers a breakaway province. 
China has issued a stern warning to Germany, a NATO member, cautioning against the potential passage of German warships through the sensitive Taiwan Strait. The warning, delivered on Monday, underscores the escalating tensions in the region as Beijing asserts its control over Taiwan, a self-governed island that China considers a breakaway province. -
U.S. and China Forge Financial Stability Pact Amid Growing Economic Tensions
The United States and China have taken a significant step towards enhancing global financial stability by signing a new agreement focused on cooperation during periods of financial stress. This landmark agreement, announced by the People's Bank of China (PBOC) on Monday, comes at a time when both countries are navigating complex economic challenges and heightened geopolitical tensions. 
The United States and China have taken a significant step towards enhancing global financial stability by signing a new agreement focused on cooperation during periods of financial stress. This landmark agreement, announced by the People's Bank of China (PBOC) on Monday, comes at a time when both countries are navigating complex economic challenges and heightened geopolitical tensions. -
China Accuses Philippines of 'Deliberate' Collision, Warns of Severe Consequences in South China Sea Standoff
Tensions in the South China Sea escalated dramatically on Monday as China's Coast Guard accused a Philippine vessel of deliberately colliding with one of its ships in what Beijing described as a "dangerous and unprofessional" manner. The incident, which occurred at approximately 3:24 a.m. local time, further strained relations between the two nations, which have long been at odds over territorial claims in the region. 
Tensions in the South China Sea escalated dramatically on Monday as China's Coast Guard accused a Philippine vessel of deliberately colliding with one of its ships in what Beijing described as a "dangerous and unprofessional" manner. The incident, which occurred at approximately 3:24 a.m. local time, further strained relations between the two nations, which have long been at odds over territorial claims in the region. -
Could the U.S. Be Drawn into South China Sea Conflict as China Warns of Regional Destabilization?
As tensions in the South China Sea intensify, the long-standing territorial disputes between China and the Philippines are rapidly escalating into a broader geopolitical conflict that could potentially draw the United States into a military confrontation. 
As tensions in the South China Sea intensify, the long-standing territorial disputes between China and the Philippines are rapidly escalating into a broader geopolitical conflict that could potentially draw the United States into a military confrontation. -
Deutsche Bank’s $1.6 Billion Postbank Settlement Proposal Rejected as ‘Insulting’ by Plaintiffs
In a significant setback for Deutsche Bank, plaintiffs in a long-standing legal battle over the bank's acquisition of Postbank have dismissed the latest settlement offer as inadequate, heightening tensions in a case that has cast a shadow over Germany's largest lender for years. 
In a significant setback for Deutsche Bank, plaintiffs in a long-standing legal battle over the bank's acquisition of Postbank have dismissed the latest settlement offer as inadequate, heightening tensions in a case that has cast a shadow over Germany's largest lender for years. -
Alibaba's Earnings Miss Expectations Despite Cloud Division's Growth Amid China’s Economic Slowdown
Alibaba Group Holding Ltd., once the titan of Chinese e-commerce, is grappling with mounting challenges as its latest earnings report reveals a mixed performance. The company, which has long been seen as a bellwether for the broader Chinese economy, missed both top and bottom-line expectations for the June quarter of 2024. 
Alibaba Group Holding Ltd., once the titan of Chinese e-commerce, is grappling with mounting challenges as its latest earnings report reveals a mixed performance. The company, which has long been seen as a bellwether for the broader Chinese economy, missed both top and bottom-line expectations for the June quarter of 2024. -
China's Industrial Slowdown Raises Red Flags Despite Uptick in Retail Sales
China's economic recovery showed further signs of strain in July as industrial production slowed for the third consecutive month, dampening hopes for a swift rebound in the world's second-largest economy. The latest data released by the National Bureau of Statistics (NBS) on Thursday highlighted a mixed economic landscape, with industrial output growth falling short of expectations while retail sales saw a modest improvement, suggesting that consumer-focused stimulus measures may be gaining some traction. 
China's economic recovery showed further signs of strain in July as industrial production slowed for the third consecutive month, dampening hopes for a swift rebound in the world's second-largest economy. The latest data released by the National Bureau of Statistics (NBS) on Thursday highlighted a mixed economic landscape, with industrial output growth falling short of expectations while retail sales saw a modest improvement, suggesting that consumer-focused stimulus measures may be gaining some traction. -
China’s Bond Market Shaken as Central Bank Cracks Down on Speculative Frenzy
China's bond market, one of the world's largest, is facing significant turmoil as the People's Bank of China (PBOC) intensifies efforts to control an unexpected surge in bond buying. This spike in activity has driven long-term government bond yields to historic lows, reflecting investor anxiety over the country's slowing economic growth and deflationary pressures. The central bank's interventions underscore the delicate balance Beijing must maintain between stimulating the economy and preventing market instability. 
China's bond market, one of the world's largest, is facing significant turmoil as the People's Bank of China (PBOC) intensifies efforts to control an unexpected surge in bond buying. This spike in activity has driven long-term government bond yields to historic lows, reflecting investor anxiety over the country's slowing economic growth and deflationary pressures. The central bank's interventions underscore the delicate balance Beijing must maintain between stimulating the economy and preventing market instability. -
Japanese Prime Minister Fumio Kishida to Resign Amid Political Turmoil and Economic Challenges
Japanese Prime Minister Fumio Kishida has announced his decision to step down next month, a move that has sent ripples through Japan's political landscape and sparked widespread speculation about the future of the nation's leadership. Kishida's decision comes as Japan navigates a series of economic and political challenges, including a weakening yen, growing public dissatisfaction, and internal party disputes. His resignation marks the end of a tumultuous tenure, raising questions about the direction of one of Asia's most pivotal democracies. 
Japanese Prime Minister Fumio Kishida has announced his decision to step down next month, a move that has sent ripples through Japan's political landscape and sparked widespread speculation about the future of the nation's leadership. Kishida's decision comes as Japan navigates a series of economic and political challenges, including a weakening yen, growing public dissatisfaction, and internal party disputes. His resignation marks the end of a tumultuous tenure, raising questions about the direction of one of Asia's most pivotal democracies. -
Nuclear Nightmare Looms: IAEA Warns of Catastrophe as Ukraine Strikes Deep into Russia’s Kursk Region
As the conflict between Russia and Ukraine escalates, the head of the United Nations' nuclear watchdog has issued a stark warning about the growing risk of a nuclear disaster in Russia's Kursk region. Rafael Grossi, the Director General of the International Atomic Energy Agency (IAEA), called for "maximum restraint" from both sides to avoid what could be a catastrophic nuclear accident. 
As the conflict between Russia and Ukraine escalates, the head of the United Nations' nuclear watchdog has issued a stark warning about the growing risk of a nuclear disaster in Russia's Kursk region. Rafael Grossi, the Director General of the International Atomic Energy Agency (IAEA), called for "maximum restraint" from both sides to avoid what could be a catastrophic nuclear accident.
