Staff Reporter

Staff Reporter

The Latest

  • US Journalist Arrested in Russia on Espionage Charges, Raising Tensions
    Russia
    Russian authorities have arrested Evan Gershkovich, a US journalist with The Wall Street Journal, on charges of spying for the US government.
  • Alibaba CEO Discusses Future Control of Business Units Post-IPO Following Restructuring
    Crackdown-hit Alibaba to divest 5% stake in Chinese broadcaster
    Alibaba Group CEO Daniel Zhang stated that the company's recent restructuring into a holding company with six separate business units will allow for greater agility and the potential for individual public listings.
  • Former Binance.US CEO Secures Legal Counsel Amid Ongoing Investigations - Report
    BINANCE
    Catherine Coley, the former CEO of Binance.US, has engaged James McDonald, a former federal prosecutor and top enforcement official at the Commodity Futures Trading Commission (CFTC), as her legal counsel in relation to the US government's investigations into the cryptocurrency exchange giant, according to an insider.
  • Crypto Market Unfazed by Binance Legal Troubles: Bitcoin Surges Above $28.3K
    BITCOIN
    Despite Binance's recent legal issues, Bitcoin and other leading cryptocurrencies experienced gains on Wednesday. With a 3.9% increase in the last 24 hours, Bitcoin's market value reached $28,380, recovering from its sub-$27,000 dip earlier this week.
  • Debt-Laden Chinese Local Governments' Hiring Surge Raises Fiscal Concerns
    China Plans To Ban Overseas IPOs For Tech Firms With Data Security Risks - Source
    China's most indebted local governments are engaging in a hiring spree, sparking concerns over further strain on their fragile finances as they try to create jobs for a record number of graduates entering the workforce this year.
  • Apple's WWDC 2023 Conference Scheduled for June 5-9, AR/VR Headset Expected
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Apple has announced that its 34th annual Worldwide Developers Conference (WWDC) will take place from June 5 to June 9. The conference will primarily be an online event, available to all developers at no cost.
  • Manhattan Grand Jury in Trump "Hush Money" Case Set for Month-Long Recess
    Donald Trump
    The Manhattan grand jury investigating former President Donald Trump in the Stormy Daniels "hush money" case is set to take a month-long break, according to an insider.
  • Ukraine Strikes Russian-Held Melitopol, Fueling Speculation of Counteroffensive
    INVASION
    Ukrainian forces targeted the Russian-occupied city of Melitopol deep within the front lines on Wednesday, attacking a railway depot and causing power outages. This comes as Kyiv hints at a potential counteroffensive against worn-out Russian forces, who have made little progress in their winter campaign.
  • Geely to Contribute Eight Chinese and One Swedish Powertrain Plants to Joint Venture with Renault and Saudi Aramco - Report
    Geely Holding Group
    Chinese automaker Geely will incorporate eight powertrain plants in China and one in Sweden into its upcoming combustion engine joint venture with Renault and Saudi Aramco, according to two sources familiar with the matter.
  • Taiwan's President Tsai Ing-wen Embarks on US Trip Despite Chinese Opposition
    Taiwan Election
    Taiwan's President Tsai Ing-wen departed for the United States on Wednesday, reiterating her commitment to global engagement despite China's threats of retaliation should she meet US House Speaker Kevin McCarthy.
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