Ethan Zhao
Senior Reporter
The Latest
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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. -
China Investigates Calvin Klein Parent Company PVH Over Alleged Boycott of Xinjiang Cotton
China's Ministry of Commerce has launched an investigation into PVH Group, the U.S.-based parent company of Calvin Klein and Tommy Hilfiger, over allegations that the company has engaged in discriminatory practices related to products sourced from China's Xinjiang region. T 
China's Ministry of Commerce has launched an investigation into PVH Group, the U.S.-based parent company of Calvin Klein and Tommy Hilfiger, over allegations that the company has engaged in discriminatory practices related to products sourced from China's Xinjiang region. T -
China Unveils Largest Economic Stimulus Since Pandemic to Combat Deflation and Property Crisis
China's central bank has launched its most aggressive stimulus package since the pandemic, aiming to jolt its faltering economy back on track amid growing concerns of a prolonged structural slowdown. The People's Bank of China (PBOC) on Tuesday announced a sweeping set of measures, including interest rate cuts and funding injections, in an effort to steer the world's second-largest economy towards its annual growth target of around 5%. 
China's central bank has launched its most aggressive stimulus package since the pandemic, aiming to jolt its faltering economy back on track amid growing concerns of a prolonged structural slowdown. The People's Bank of China (PBOC) on Tuesday announced a sweeping set of measures, including interest rate cuts and funding injections, in an effort to steer the world's second-largest economy towards its annual growth target of around 5%. -
China’s Central Bank Cuts Repo Rate to Boost Liquidity Ahead of Economic Slowdown
China's central bank, the People's Bank of China (PBOC), took action on Monday to ease liquidity pressures by cutting the interest rate on its 14-day reverse repurchase (repo) agreements and injecting cash into the financial system. 
China's central bank, the People's Bank of China (PBOC), took action on Monday to ease liquidity pressures by cutting the interest rate on its 14-day reverse repurchase (repo) agreements and injecting cash into the financial system. -
Zelenskyy Urges U.S. Action as Massive Drone Strikes Destroy Russian Ammunition Depots, Including North Korean Missiles
Ukrainian President Volodymyr Zelenskyy is intensifying his appeal for increased U.S. military aid after Ukrainian drone strikes targeted key Russian arms depots, setting off massive explosions and destroying significant caches of ammunition, including missiles reportedly supplied by North Korea. 
Ukrainian President Volodymyr Zelenskyy is intensifying his appeal for increased U.S. military aid after Ukrainian drone strikes targeted key Russian arms depots, setting off massive explosions and destroying significant caches of ammunition, including missiles reportedly supplied by North Korea.
