5 d. ago Trump says might keep Exxon out of Venezuela after CEO called it ‘uninvestable’

US President Donald Trump said on Sunday that he might block ExxonMobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives. Trump had urged the group to spend US$100 billion to revitalise Venezuela’s oil...

Politics

5 d. ago Trump says might keep Exxon out of Venezuela after CEO called country ‘uninvestable’

US President Donald Trump said on Sunday that he might block ExxonMobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives. Trump had urged the group to spend US$100 billion to revitalise Venezuela’s oil...

Politics

7 d. ago How China’s global investment model is changing – and what it means for the yuan

Foreign direct investment (FDI) has been a crucial pillar of China’s economy since it opened up, drawing in trillions and helping fuel its rise as the “world’s factory”. But outbound direct investment (ODI) has expanded rapidly over the past two decades, transforming the country into a major exporter of capital. Today, China’s outbound investments exceed inflows, and the country has consistently ranked among the top three global investors in recent years. In this explainer, the Post examines the...

Politics

7 d. ago Chinese smart eyewear makers shine at CES with focus on challenging Meta

Dozens of Chinese makers of smart glasses dazzled the exhibition floor at the recent CES trade show in Las Vegas, where they showed lightweight, artificial intelligence-powered eyewear aimed at a category that has been largely defined by Meta Platforms’ Ray-Ban Display. At the four-day annual trade show, which concluded on Friday, Chinese brands made up most of the roughly 60 smart eyewear exhibitors. Their products ranged from audio-first frames designed for all-day wear to augmented reality...

Politics

8 d. ago Trump ‘cancelled’ second attacks on Venezuela after prisoner release, eyes oil investments

US President Donald Trump said on Friday he called off a second wave of attacks on Venezuela after the government, whose leftist president was removed by Washington, began releasing prisoners. Trump made the comments as he prepared to meet major oil corporations that he said will invest at least US$100 billion in Venezuela, which has the world’s largest oil reserves. Trump was implicitly making clear he is ready again to use force to get his way in Venezuela, which he has vowed to force to...

Events

1 week ago China’s telecoms giants bet on AR smart glasses with major investment in RayNeo

Chinese smart glasses maker RayNeo on Monday said it secured funding from the country’s major state telecommunications operators, as eyewear emerges as the next gadget with the ability to access artificial intelligence services along with smartphones. The investment from subsidiaries of China Unicom and China Mobile comes as RayNeo debuts the world’s first consumer augmented reality (AR) glasses integrated with eSIM and 4G connectivity at CES, the annual consumer electronics trade show in Las...

Politics

2 w. ago China approves major projects and investment plans for 2026 totalling $42 billion

China approves major projects and investment plans for 2026 totalling $42 billion  Reuters

Economics

2 w. ago China issues early 2026 investment plan for ’Two Major’ projects worth $42 billion By Reuters

China issues early 2026 investment plan for ’Two Major’ projects worth $42 billion By Reuters  Investing.com

Economics

2 w. ago China issues early 2026 investment plan for 'Two Major' projects worth $42 billion

China issues early 2026 investment plan for 'Two Major' projects worth $42 billion  Reuters

Economics

2 w. ago Huawei hails Ascend AI ecosystem in New Year message as Atlas 900 supernode rolls out

Meng Wanzhou, chief financial officer of Huawei Technologies and daughter of its founder, hailed the company’s breakthroughs in 2025 in a New Year message that vowed to take advantage of “strategic opportunities” amid a “surge of intelligence in all aspects of life and work”. The US-sanctioned telecommunications gear maker, which plays a central role in China’s push for tech self-sufficiency, “built a solid foundation for computing” in 2025 with the expansion of its Kunpeng and Ascend chip...

Politics

3 w. ago China launches venture capital fund to lead the charge on tech investment

China has launched a national fund designed to channel state-backed money into early-stage bets on tech, a move officials said could ultimately steer trillions of yuan into preferred avenues of investment. Beijing’s National Venture Capital Guidance Fund was unveiled on Friday, at a ceremony which also introduced three investment vehicles covering major cross-regional agglomerations: the Beijing-Tianjin-Hebei cluster, the Yangtze River Delta and the Guangdong-Hong Kong-Macau Greater Bay Area. At...

Politics

3 w. ago 952 telecom fraud suspects escorted back to China from Myanmar

952 telecom fraud suspects escorted back to China from Myanmar  news.cgtn.com

Politics

3 w. ago China speeds up armour steel production by 30% as US Conshohocken plant folds

China has boosted its armour steel production speed by 30 per cent with continuous investment in tech upgrades, while a major American steelmaker that provided military-grade steel for tanks, ships and mine-resistant vehicles ceased operation for financial reasons. Chinese military supplier Inner Mongolia First Machinery Group said it had solved key technical challenges to allow large-scale production of high-performance armour steel, which has been deployed for manufacturing tanks and armoured...

Politics