2 h. ago HKEX vets 300 listing applications after city ascends as world’s top IPO market

Bourse operator Hong Kong Exchanges and Clearing (HKEX), which topped this year’s global rankings as the largest initial public offering (IPO) market, said the city continued to see strong momentum, as it vets hundreds of new listing applications. Bonnie Chan Yiting, CEO of HKEX, on Wednesday said at an event in Shanghai that Hong Kong has more than 300 companies in the listing pipeline, which would ensure another strong quarter for fundraising in the city. “International investors have been...

Economics

3 h. ago Global leaders’ meeting on women in Beijing promotes new, accelerated process for development

Global leaders’ meeting on women in Beijing promotes new, accelerated process for development  EUobserver

Politics

3 h. ago Chinese state media says US ‘dying’ as Beijing drafts next 5

Chinese state media has labelled the US a failed state, claiming it is “dying from within” as its global hegemony declines. The commentary published in Beijing Daily on Tuesday came as China’s policymakers prepared to outline long-term plans amid intensifying competition with Washington. Beijing on Monday began a key four-day conclave that will determine the country’s development over the next five years. The fourth plenum of the Communist Party’s Central Committee, which runs through Thursday,...

Events

4 h. ago Retreating globally, US finds a new arena to flex power – at home

The Donald Trump administration is executing not merely a restructuring but a fundamental redefinition of American military purpose. The clearest evidence emerged in June, when the US president deployed 700 active-duty Marines to Los Angeles alongside 4,000 federalised National Guard troops to confront immigration enforcement protests – without California Governor Gavin Newsom’s consent. A federal judge subsequently ruled that this deployment violated the 1878 Posse Comitatus Act, which...

Politics

6 h. ago The Rise of a Bipolar Global Energy Order? Trump Slams China and India at the UN Over “War Funding”, While the EU Pivots Westward

The Rise of a Bipolar Global Energy Order? Trump Slams China and India at the UN Over “War Funding”, While the EU Pivots Westward  China-US Focus

Politics

6 h. ago Can foreigners lead Indonesia’s state firms and make them world

Indonesia is opening the door for foreigners to lead state-owned enterprises (SOEs), a landmark move that President Prabowo Subianto has said will bring international expertise to the country’s corporate sector, even as critics warn about a lack of oversight and accountability. Speaking during the Forbes Global CEO Conference in Jakarta last week, Prabowo said a law on SOEs had been revised to allow non-Indonesians to assume top positions in the sector with roughly 1,000 state firms. “I’ve...

Politics

7 h. ago Will fuel switching ever happened in China’s thermal power sector? The rule of carbon market design | Newswise

Will fuel switching ever happened in China’s thermal power sector? The rule of carbon market design | Newswise  Newswise

Politics

7 h. ago Hong Kong customs seize HK$10 million of bogus Nike, Adidas shoes

Hong Kong customs officers have seized HK$10 million (US$1.29 million) worth of suspected counterfeit sports and luxury shoes such as Nike, Adidas, Louis Vuitton and Gucci, believed to be intended for overseas markets to capitalise on a demand driven by global mega-events. “At mega-events such as sports shoes exhibitions, many collectors and enthusiasts will trade items on site, driving up demand for high-quality counterfeit sports shoes,” said Inspector Yeung Tit-fung of the Customs and Excise...

Economics

7 h. ago Hong Kong customs seizes HK$10 million of bogus Nike, Adidas shoes

Hong Kong customs officers have seized HK$10 million (US$1.29 million) worth of suspected counterfeit sports and luxury shoes such as Nike, Adidas, Louis Vuitton and Gucci, believed to be intended for overseas markets to capitalise on a demand driven by global mega-events. “At mega-events such as sports shoes exhibitions, many collectors and enthusiasts will trade items on site, driving up demand for high-quality counterfeit sports shoes,” said Inspector Yeung Tit-fung of the Customs and Excise...

Economics

7 h. ago China Maintains Shipbuilding Dominance Despite US Port Fee Dispute

China Maintains Shipbuilding Dominance Despite US Port Fee Dispute  Global Trade Magazine

Politics

7 h. ago Man charged with stealing 43 Labubu dolls during Melbourne burglary spree

Victoria Police have charged a 40-year-old man with theft and burglary after dozens of the globally sought-after Labubu dolls were recovered during a property search in a Melbourne suburb. During the search, Australian police recovered 43 of the sought-after Labubu dolls, the collectible plush creatures known for their distinctive googly eyes and pointy teeth. The seized haul, which included several limited-edition figures valued at an estimated A$500 (US$325) each, had a collective worth of...

Events

9 h. ago Beijing To Celebrate Contested Taiwan ‘Retrocession’ At Great Hall Of The People

Beijing To Celebrate Contested Taiwan ‘Retrocession’ At Great Hall Of The People  StratNews Global

Culture

10 h. ago CNBC's The China Connection newsletter: Losing the Chinese shopper could soon have global consequences

CNBC's The China Connection newsletter: Losing the Chinese shopper could soon have global consequences  CNBC

Politics

10 h. ago China’s $1 Billion of Daily US Exports Show Xi’s Bargaining Power

China’s $1 Billion of Daily US Exports Show Xi’s Bargaining Power  Bloomberg

Economics

13 h. ago North Korea prepares for Apec – with a ballistic missile launch

With the Apec summit in South Korea just days away, the nuclear-armed North fired a ballistic missile on Wednesday in an apparent bid to remind the world of its growing arsenal. The launch, occurring against the backdrop of deepening military ties between North Korea and Russia, has reignited fears of escalating provocations and their implications for global stability. Seoul’s Joint Chiefs of Staff reported that the missile, presumed to be a Hwasong-11da-4.5, was launched from North Hwanghae...

Events

13 h. ago China reaffirms commitment to advancing global women's development

China reaffirms commitment to advancing global women's development  news.cgtn.com

Politics

14 h. ago China’s $1 Billion of Daily US Exports Show Xi Bargaining Power

China’s $1 Billion of Daily US Exports Show Xi Bargaining Power  Bloomberg

Economics

14 h. ago Nexperia crisis: how geopolitics disrupts a global chip supply chain

The ongoing dispute between China and the Netherlands over chipmaker Nexperia has highlighted how geopolitical tensions can disrupt an otherwise smooth global supply chain, according to analysts. Based in Nijmegen, Netherlands, Nexperia exemplifies a typical multinational company with front-end fabrication plants in Hamburg, Germany, and Manchester, UK, as well as back-end assembly facilities across Asia, including Dongguan, China; Laguna, the Philippines; and Negeri Sembilan, Malaysia. The...

Politics

21 h. ago Trade Fears Have Global Businesses Worried, And Seeking Alternatives To U.S., China

Trade Fears Have Global Businesses Worried, And Seeking Alternatives To U.S., China  Investopedia

Politics

25 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