3 h. ago China’s Neolix Is Said to Near $500 Million in Funding, Eyes IPO

China’s Neolix Is Said to Near $500 Million in Funding, Eyes IPO  Bloomberg.com

Economics

15 h. ago China and Russia accused of sabotaging UN human rights funding

China and Russia accused of sabotaging UN human rights funding  Geneva Solutions

Politics

19 h. ago China’s analogue AI chip could work 1,000 times faster than Nvidia GPU: study

Chinese scientists have created a superfast analogue chip that can solve complex maths problems for advanced scientific tasks and artificial intelligence (AI) while using less power than conventional computing, according to a paper published this month. The analogue device designed by researchers from Peking University uses memory chips made of resistive materials. With future improvements, it could perform calculations at a processing rate 1,000 times faster than top digital processors, such as...

Politics

19 h. ago Jensen Huang says Nvidia went from 95% market share in China to 0%—‘I can’t imagine any policymaker thinking that that’s a good idea’

Jensen Huang says Nvidia went from 95% market share in China to 0%—‘I can’t imagine any policymaker thinking that that’s a good idea’  Yahoo Finance

Events

20 h. ago China’s Quiet Strategy in Bulgaria: Economic Appeal, Political Constraints

China’s Quiet Strategy in Bulgaria: Economic Appeal, Political Constraints  German Marshall Fund of the United States

Politics

22 h. ago Why Trump’s ‘best for business’ diplomacy will fail with Russia or China

“All I’ve done all my life is deals,” US President Donald Trump told the Gaza peace summit, going on to say “maybe this is going to be the greatest deal of them all”. Trump has cultivated his image on being the greatest deal-maker, a legacy central to his identity as a business tycoon and now fundamental to his reputation as a world leader. The ceasefire in Gaza has been framed as a crowning achievement in this repertoire. “Together we’ve achieved what everyone said was impossible, but at long...

Politics

23 h. ago China says US visa threats to Central America show ‘lack of basic respect’

China has accused the United States of showing “a lack of basic respect” for Central America following its threat to ban officials and others from the region with ties to the Communist Party from entering the country. The State Department said last month that it would “restrict US visas for Central American nationals intentionally acting on behalf of the Chinese Communist Party” and who “knowingly direct, authorise, fund, provide significant support to, or carry out activities that undermine...

Events

24 h. ago DeepSeek outperforms AI rivals in ‘real money, real market’ crypto showdown

A new real-market cryptocurrency trading experiment that pits leading artificial intelligence models against one another to evaluate their respective investing abilities has seen a DeepSeek model outperform rivals so far. In Alpha Arena, launched on Friday by US research firm Nof1, six large language models (LLMs) were given US$10,000 each to invest in six cryptocurrency perpetual contracts on the decentralised exchange Hyperliquid, including bitcoin and solana. As of 2pm on Tuesday, DeepSeek’s...

Economics

33 h. ago Is Japan making tourism more expensive to deter unruly visitors?

Japan’s proposed increase in visa fees and departure tax is an attempt to balance between dealing with overtourism and deterring misbehaving visitors at “the bottom of the pyramid”, according to industry observers. The government believes the present fees for visas and departure taxes are low in comparison with international standards, with the Asahi newspaper reporting that the additional funds would be used on improving tourism infrastructure and the education sector. If implemented, the...

Politics

40 h. ago US begins sending nuclear workers home as government shutdown drags

The agency responsible for safeguarding the US nuclear stockpile began placing most staff on enforced leave on Monday, US media reported, as the government shutdown dragged into a fourth week. Some 1,400 workers at the National Nuclear Security Administration (NNSA) were expected to receive notices telling them they had been placed on unpaid “furlough”, CNN reported, leaving just 375 at their posts. “Since its creation in 2000, NNSA has never before furloughed federal workers during funding...

Events

41 h. ago NVIDIA CEO Says the Company "Went From 95% Market Share to 0%" in China

NVIDIA CEO Says the Company "Went From 95% Market Share to 0%" in China  80 Level

Economics

41 h. ago US to seek rival bids for Artemis 3 moon landing as SpaceX lags, Nasa chief says

Nasa’s top official on Monday said the US space agency was opening up the contract for its Artemis 3 astronaut moon landing to compete against billionaire Elon Musk’s SpaceX, the mission’s current contractor, which was running late. “I’m in the process of opening that contract up. I think we’ll see companies like Blue [Origin] get involved and maybe others,” Nasa administrator Sean Duffy, who also serves as US transport secretary, told Fox News’ Fox & Friends programme. Blue Origin is a SpaceX...

Technology

41 h. ago Nasa opens US moon landing contract to rival bidders as SpaceX lags

Nasa said on Monday it was opening the marquee US moon landing contract to other bidders because Elon Musk’s SpaceX has experienced mounting delays with its Starship lunar lander. The move paves the way for rivals such as Jeff Bezos’ Blue Origin to snatch a high-profile mission to land the first astronauts on the moon in half a century. “I’m in the process of opening that contract up. I think we’ll see companies like Blue get involved, and maybe others,” the US space agency’s acting chief Sean...

Technology

52 h. ago Hong Kong set for IPO flurry next week with Sany leading the charge

The Hong Kong stock exchange is poised for a blockbuster day next week, as four stocks – including Sany Heavy Industry, China’s largest construction machinery manufacturer – are set to debut, positioning the city to reclaim its status as the world’s top fundraising venue this year. Among the four stocks launching on October 28, Sany Heavy Industry, already listed in Shanghai, aims to raise the highest amount, targeting up to HK$12.36 billion (US$1.59 billion) by offering 580.42 million shares in...

Politics

53 h. ago Nvidia is ‘100% out of China’ — Jensen Huang warns what harms Beijing can often harm US ‘even in worse ways’

Nvidia is ‘100% out of China’ — Jensen Huang warns what harms Beijing can often harm US ‘even in worse ways’  Mint

Events

54 h. ago Myanmar junta raids scam hub powered by Elon Musk’s Starlink

Myanmar’s junta raided one of the country’s most notorious internet scam centres and seized Starlink devices, it said on Monday, after an investigation had revealed an explosion in their use in the billion-dollar black market. Internet sweat shops where workers scam unsuspecting foreigners with business or romance schemes have thrived in war-ravaged Myanmar’s lawless border regions since the coronavirus pandemic. A transnational push by Thai, Chinese and Myanmar authorities starting in February...

Politics

58 h. ago Hong Kong exchange sees further growth ahead for record ETF market

Bourse operator Hong Kong Exchanges and Clearing (HKEX) expects its exchange-traded fund (ETF) market to continue growing after hitting record turnover and new listings this year, according to a senior executive. Average daily turnover in ETFs doubled to a record HK$37.8 billion (US$4.8 billion) in the first nine months, as the exchange’s 225 ETFs drew an increasing number of investors from mainland China, Asia, the Middle East and Europe. ETFs are listed index funds that track the performance...

Politics

61 h. ago Jensen Huang says Nvidia went from 95% market share in China to 0%

Jensen Huang says Nvidia went from 95% market share in China to 0%  Fortune

Politics

65 h. ago Trump calls Colombia’s Petro an ‘illegal drug dealer’, says he will slash US aid

US President Donald Trump said on Sunday he would slash US funding to Colombia because the country’s leader “does nothing to stop” drug production, in what is the latest sign of friction between Washington and one of its closest allies in Latin America. In a social media post, Trump referred to Colombian President Gustavo Petro as “an illegal drug dealer” who is “low rated and very unpopular”. He warned that Petro “better close up” drug operations “or the United States will close them up for...

Events

65 h. ago Trump calls Colombia’s Petro an ‘illegal drug leader’, says he will slash US aid

US President Donald Trump said on Sunday he would slash US funding to Colombia because the country’s leader “does nothing to stop” drug production, in what is the latest sign of friction between Washington and one of its closest allies in Latin America. In a social media post, Trump referred to Colombian President Gustavo Petro as “an illegal drug leader” who is “low rated and very unpopular”. He warned that Petro “better close up” drug operations “or the United States will close them up for...

Politics