1 hour ago China’s bull run tests Beijing as it aims to guide US$12 trillion stock market

Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth of Chinese investors who are sitting on a record 160 trillion yuan (US$22.5 trillion) in bank savings, the stock market has become a focus of...

Economics

4 h. ago ‘Just hiccups’: Trump’s India nominee pledges to pull New Delhi away from Beijing

US President Donald Trump’s nominee for ambassador to India on Thursday pushed back on fears that New Delhi was drifting towards China, pledging to draw India closer to the US, open its markets to American goods and end Russian oil purchases, while telling senators that India and China had little in common and were unlikely to forge closer ties. “While we might have our moments of hiccups right now, we are on the track of resolving that. Our relationship with the Indian government is much...

Politics

6 h. ago Brazil’s Bolsonaro convicted by top court in historic coup trial

Former Brazilian president Jair Bolsonaro was convicted by a Supreme Court majority on Thursday of plotting a coup to remain in power after losing the 2022 election, a powerful blow to the populist far-right movement he created. The presumptive ruling by a majority of a panel of five justices in Brazil’s Supreme Court makes Bolsonaro the first former president in the country’s history to be convicted for attacking democracy. Three judges so far have voted to convict, one acquitted, and one...

Events

6 h. ago Brazil’s Bolsonaro sentenced to 27 years after landmark coup plot conviction

Former Brazilian president Jair Bolsonaro was sentenced on Thursday to 27 years and three months in prison hours after being convicted of plotting a coup to remain in power after losing the 2022 election, dealing a powerful rebuke to one of the world’s most prominent far-right populist leaders. The conviction ruling by a panel of five justices on Brazil’s Supreme Court, who also agreed on the sentence, made the 70-year-old Bolsonaro the first former president in the country’s history to be...

Politics

6 h. ago 'Don't Try To Contain China': Beijing Thunders At U.S.' 'Taiwan Move', Gives HEATED Warning To Trump

'Don't Try To Contain China': Beijing Thunders At U.S.' 'Taiwan Move', Gives HEATED Warning To Trump  Times of India

Events

6 h. ago Israel’s PM vows there will never be a Palestinian state: ‘This place is ours’

Israeli Prime Minister Benjamin Netanyahu signed an agreement on Thursday to push ahead with a controversial settlement expansion plan that would cut across land that the Palestinians seek for a state. “There will never be a Palestinian state. This place is ours,” Netanyahu said during a visit to the Maale Adumim settlement in the West Bank where thousands of new housing units would be added. “We will safeguard our heritage, our land, and our security.” Last month, the E1 project, which would...

Politics

8 h. ago China Might Ban One of Our Biggest Frustrations: Retractable Door Handles on Cars

China Might Ban One of Our Biggest Frustrations: Retractable Door Handles on Cars  Road & Track

Politics

9 h. ago US consumer inflation heats up but rate cut likely to remain on track

US consumer inflation rose last month to its highest level since January, government data showed on Thursday, although analysts believed that this would not deter the central bank from an interest rate cut next week. The data also underscored cost-of-living pressures on households as President Donald Trump’s tariffs filter through the world’s biggest economy, complicating the Federal Reserve’s role in maintaining stable prices. The consumer price index (CPI) picked up to 2.9 per cent in August,...

Politics

14 h. ago China eyes nationwide AI computing network as tech race with US heats up

China is making progress in unifying the country’s scattered data centres into a nationwide computing network to drive artificial intelligence applications, according to the data centre builders. China’s Open Data Centre Committee (ODCC), an organisation representing the country’s key AI infrastructure investors such as Alibaba Group Holding and China Telecom, hosted a three-day conference this week to discuss how to transform the country’s far-flung data centres into one unified...

Politics

14 h. ago Hong Kong lawmakers pass controversial tobacco control bill to cut smoking rate

Hong Kong lawmakers have passed a controversial tobacco control bill that aims to further lower the city’s smoking rate, with a minister saying the proposed measures have already considered a variety of opinions. The Tobacco Control Legislation (Amendment) Bill was passed on Thursday after the second and third readings, following a last-ditch effort by two lawmakers to delay and amend the government-proposed measures earlier this week. Among the 83 lawmakers who attended the meeting, 74...

Politics

15 h. ago China couple cut costs by having plain wedding, donating savings to help orphans

A pair of Chinese newlyweds who ditched traditional wedding etiquette to save money have been praised for using what they saved to help three orphans. The groom, who uses the nickname Liu Mancang, posted a video online of his wedding speech on September 1. Liu said he and his bride chose to have a simple wedding because they wanted to use the money they saved to donate to three children. The wedding was held in Liu’s hometown in eastern China’s Shandong province, a place known for sticking to...

Economics

16 h. ago ‘Not desperate’: why India remains firm on US tariff talks as it seeks a deal

India is keen on tariff talks with the United States, but it is expected to stand its ground even as their bilateral relations sour on issues ranging from trade to foreign policy. In the face of the 50 per cent tariff imposed on Indian goods, Delhi is neither “desperate nor cornered”, according to analysts. Signalling a hardening of America’s position on the tariff issue, US Commerce Secretary Howard Lutnick said on Friday that he expected New Delhi to say “sorry” and cut a deal with...

Economics

19 h. ago China's rare cut to power pollution offset by higher US emissions

China's rare cut to power pollution offset by higher US emissions  Reuters

Events

22 h. ago Trump tariffs cut into China sales of US firms: AmCham Shanghai survey

Trump tariffs cut into China sales of US firms: AmCham Shanghai survey  Fibre2Fashion

Economics

27 h. ago Brazil judge votes to acquit in Bolsonaro coup case, breaking with peers

Brazilian Supreme Court Justice Luiz Fux voted on Wednesday to acquit former president Jair Bolsonaro of forming a criminal organisation and voted to annul his trial over jurisdiction, breaking with peers and raising the odds of an appeal after the final verdict this week. The high court still seems likely to convict Bolsonaro of plotting a coup to remain in power after he was voted out of office in 2022. Two judges on the five-judge panel have already voted to convict, and the remaining two...

Politics

35 h. ago Nepal’s Gen Z accuse people with political agendas for chaos in capital

Kathmandu awoke to a drizzle on Wednesday, but it could not wash away the smouldering wreckage left by unprecedented arson and looting a day earlier that followed anti-corruption protests in Nepal’s capital. Fires consumed public institutions, historic buildings and private businesses – including the Supreme Court, the Singha Durbar government complex, the Kantipur media house and a luxury hotel – as what began as Gen Z-led peaceful protests spiralled into attacks that observers fear may be part...

Politics

36 h. ago China just beat the US in soft power with the humanoid robot games

On a humid Beijing track last month, the sprint to the future began. The athletes were not human; they were robots. The inaugural World Humanoid Robot Games brought 280 teams from 16 countries to compete in 26 events, from sprints to gymnastics to football. China’s Unitree dominated the track, X-Humanoid excelled in industrial tasks, while Neotix and Booster Robotics won in gymnastics and football. Triumphs were matched by mishaps: colliding, collapsing robots echoed earlier failures, when...

Politics

36 h. ago Family offices to keep consistent allocations over next year: Goldman survey

Global family offices will remain consistent in their strategic allocations over the next 12 months amid growing concerns over geopolitical risks, though some are willing to increase their exposure to public and private equity, Goldman Sachs said in a survey published on Wednesday. Meena Flynn, co-head of global private wealth management at the US investment bank, said the global average asset allocation remained broadly consistent from 2023 to 2025, though respondents expressed concerns about...

Society

37 h. ago Chinese electronics brands flock to Europe amid Trump’s trade war

Chinese consumer electronics makers, from power bank manufacturers to robot cleaner vendors, are showing unprecedented enthusiasm for Europe amid trade uncertainties stemming from US President Donald Trump’s policies, according to business representatives at IFA Berlin, the world’s oldest tech trade fair. Exhibitors from China took centre stage during the five-day event, which wrapped up on Tuesday. Nearly 700 Chinese exhibitors were present, more than double the 300 from last...

Politics

39 h. ago Hong Kong’s estimated suicide rate rose last year. Who was most at risk and why?

Hong Kong’s estimated suicide rate increased last year, with men aged between 25 and 39 emerging as the most vulnerable group, according to the latest data from a local university, with experts attributing the rise in male victims to the city’s sluggish economy. Figures published by the Jockey Club Centre for Suicide Research and Prevention at the University of Hong Kong (HKU) on Wednesday showed that the estimated suicide rate in 2024 stood at 14.1 deaths per 100,000 people, compared with 13.5...

Events