Tag Archive
China’s exports surge at fastest pace since 2021 as AI boom and tariff rush supercharge trade
China’s exports expanded at their fastest pace in nearly five years in June, powered by soaring global demand for artificial intelligence (AI) hardware and a rush by exporters to ship goods before fresh US tariffs come into effect, underscoring the re…
LimX Dynamics hits a $2.2bn humanoid valuation
China’s humanoid gold rush just minted another contender. LimX Dynamics has raised $200m at a $2.21bn valuation. And its founder says the race to list has become do-or-die.
A Shenzhen humanoid startup has become the latest name in China’s robot boom to…
Lithuania’s new PM says allowing Taiwan’s de-facto embassy was ‘maybe too brave’
VILNIUS, July 14 – New Lithuanian Prime Minister Mindaugas Sinkevicius said on Tuesday the 2021 decision to allow Taiwan to open a de-facto embassy in the country was “maybe too brave” as he sought to repair relations with China on h…
Food safety rules, or weapons of trade?
The fruits, vegetables, spices and grains we eat often contain very small amounts of pesticides and insecticides used by farmers for crop protection, as well as preservatives and additives added during processing.…
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Red Sea: a hinge between West Asia and Horn of Africa
When commercial ships started bypassing the Red Sea due to attacks from Yemen’s Houthis, the immediate consequences could be felt thousands of kilometres away in the form of higher freight charges, slower supply chains and ships taking the longer rout…
India’s June exports shine through West Asia dark clouds; trade deficit widens to five-month high
New Delhi: India’s goods exports rose 15.5% from a year earlier to $40.41 billion in June, but the trade deficit widened to a five-month high of $30.43 billion as imports grew faster, driven by oil, gold and electronics, according to official dat…
CNBC’s The China Connection newsletter: Betting on Shenzhen over Silicon Valley
Monday – Friday, 10:00 – 11:00 SIN/HK | 0400 – 05:00 CET
Apple built a manufacturing base in Shenzhen over two decades ago. Now, a slew of consumer electronics companies are based in the region, whic…
Volkswagen is Fighting Rising Costs and Global Competition. Its CEO Says 100,000 People Could Be Laid Off To Reorganize
Volkswagen CEO Oliver Blume has warned employees that the German automotive giant may need to eliminate roughly 50,000 additional jobs on top of previously announced workforce reductions, underscoring the scale of the company’s effort to restore…
Criminals scamming billions from Medicare using fake AI voices, hacking data – all without setting foot in the USA
Medicare and Medicaid are losing billions of taxpayer dollars to criminals because they can’t keep pace with their high-tech scams, a Post investigation has found.
International criminal networks employ hackers who steal sensitive patient data then se…
Exports Shine Through West Asia Dark Clouds
India’s goods exports rose 15.5% from a year earlier to $40.41 billion in June, but the trade deficit widened to a five-month high of $30.43 billion as imports grew faster, driven by oil, gold and electronics, according to official data released Monday…