CXMT Shares Surge 470% on First Day as China’s Memory Chip Champion Goes Public
Companies

CXMT Shares Surge 470% on First Day as China’s Memory Chip Champion Goes Public

China’s largest DRAM maker raised at least $8.6 billion in the biggest mainland IPO in years on the STAR Market, with AI...

Declan Byrne 👁 53 💬 0
CXMT Surges Over 500% in Shanghai Debut, Surpassing Intel’s Market Cap
Companies

CXMT Surges Over 500% in Shanghai Debut, Surpassing Intel’s Market Cap

Chinese memory chip maker CXMT vaulted to a $530 billion valuation on its first trading day, eclipsing Intel and becomin...

Declan Byrne 👁 33 💬 0
EU Targets Deal-Makers Behind Russia’s Ghost Fleet, but Oil Keeps Flowing to India and China
Energy

EU Targets Deal-Makers Behind Russia’s Ghost Fleet, but Oil Keeps Flowing to India and China

EU sanctions on Russian oil traders have failed to halt shadow fleet deliveries to India and China, where deep discounts...

Aoife Keane 👁 59 💬 0
Silicon Valley Divided on Restricting Chinese Open-Source AI Access
Technology

Silicon Valley Divided on Restricting Chinese Open-Source AI Access

A clash between industry leaders pushes Washington toward targeted regulation of Chinese AI, reshaping the global techno...

Eitan Shapiro 👁 58 💬 0
Typhoon Noul Strikes Guangdong, Forcing Hundreds of Thousands to Evacuate
News

Typhoon Noul Strikes Guangdong, Forcing Hundreds of Thousands to Evacuate

Typhoon Noul brought torrential rain and gale-force winds to southern China, disrupting transport and raising flood risk...

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CXMT Set for Landmark Shanghai Debut After $9.8 Billion IPO
Companies

CXMT Set for Landmark Shanghai Debut After $9.8 Billion IPO

China's memory chip maker CXMT is poised to become the mainland's most valuable listed company after a heavily oversubsc...

Declan Byrne 👁 65 💬 0
China’s Crude Oil Imports Plunge 41% in June, Deepening the Demand Shock
Energy

China’s Crude Oil Imports Plunge 41% in June, Deepening the Demand Shock

China’s monthly crude imports collapsed to a decade-low in June, marking a fourth straight monthly drop. The slump is sh...

Aoife Keane 👁 35 💬 0
China Publishes Comprehensive Guide for Foreigners on Work, Visas and Daily Life
Lifestyle

China Publishes Comprehensive Guide for Foreigners on Work, Visas and Daily Life

A new official document consolidates everything from visa‑free entry to mobile payments and metro rides, as China extend...

Ciara Whelan 👁 31 💬 0
German Business Roundup: Padel, Festivals, Steel, Autos
News

German Business Roundup: Padel, Festivals, Steel, Autos

A collection of German business stories: Spotify's podcast head on the padel court, Eventim’s CEO on festival ticket rul...

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Rubio Says Ukraine Talks Stalled but US Open to ‘New Ideas’ as Iran and China Crises Mount
Defense

Rubio Says Ukraine Talks Stalled but US Open to ‘New Ideas’ as Iran and China Crises Mount

Secretary of State Marco Rubio acknowledged past peace efforts were unsuccessful, leaving the door ajar for fresh diplom...

Doron Avidan 👁 41 💬 0
Maps, Museums and Manoeuvres: The South China Sea’s Battle of Historical Narratives
Politics

Maps, Museums and Manoeuvres: The South China Sea’s Battle of Historical Narratives

As China, the Philippines and Vietnam dig deeper into ancestral claims, museums and schoolbooks become frontline weapons...

Sinead Brennan 👁 64 💬 0
Super El Niño May Rival 1997-98 Record, China Warned of Severe Floods Next Year
News

Super El Niño May Rival 1997-98 Record, China Warned of Severe Floods Next Year

China's top El Niño forecaster says the developing super El Niño could match the 1997-98 intensity, driven by rare subsu...

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China Calls for EU Dialogue, Rejects Blame for Trade Imbalances
Economy

China Calls for EU Dialogue, Rejects Blame for Trade Imbalances

Beijing's top diplomat says Europe's economic woes don't stem from China, urging cooperation after France and Germany vo...

Niamh O'Sullivan 👁 33 💬 0
Nike Overhauls China Strategy: Local Product Creation Chief, Digital Revamp to Battle Anta and Li-Ning
Companies

Nike Overhauls China Strategy: Local Product Creation Chief, Digital Revamp to Battle Anta and Li-Ning

Nike is creating a local product creation role and streamlining its digital ecosystem in Greater China, responding to ma...

Declan Byrne 👁 32 💬 0
Turkish Vatan Party Calls for Strategic Russia-China-Iran Alliance, Slams NATO
Politics

Turkish Vatan Party Calls for Strategic Russia-China-Iran Alliance, Slams NATO

A party conference in Turkey released a declaration proposing a four-nation security bloc to replace NATO, reflecting a ...

Sinead Brennan 👁 70 💬 0
China Launches WAICO, Open-Source AI Chip Stack as Xi Sets Global Rules Vision
Technology

China Launches WAICO, Open-Source AI Chip Stack as Xi Sets Global Rules Vision

29 nations signed a new AI cooperation body in Shanghai, while Alibaba open-sourced its SAIL chip software in a direct c...

Eitan Shapiro 👁 47 💬 0
Ankara Conference Calls for Strategic Alliance of Russia, Turkey, China and Iran
Politics

Ankara Conference Calls for Strategic Alliance of Russia, Turkey, China and Iran

A Turkish political party hosted a conference urging a four-nation security bloc to counter US-led NATO and promote a mu...

Sinead Brennan 👁 72 💬 0
Kimi K3: How a Chinese Startup's Open-Source AI Is Outpacing Silicon Valley Giants
Technology

Kimi K3: How a Chinese Startup's Open-Source AI Is Outpacing Silicon Valley Giants

Moonshot AI's Kimi K3 model, built by Yang Zhilin, outperforms proprietary systems from OpenAI and Anthropic in key engi...

Eitan Shapiro 👁 66 💬 0
Iran’s $6 Billion Crude Export Boom Exposes Sanctions Policy Volatility
Energy

Iran’s $6 Billion Crude Export Boom Exposes Sanctions Policy Volatility

New data reveals Iran swiftly exported about 70 million barrels of oil worth up to $6 billion during a brief U.S. licens...

Aoife Keane 👁 38 💬 0