- 6h ago
Hong Kong police raid two independent bookstores, arrest five booksellers under national security law
Police seized boxes of books from Have A Nice Stay and Greenfield Book Store in Mong Kok, a day after one shop announced its closure, citing financial strain and elusive 'red lines'.
- yesterday
China expels former Xinjiang chief and space programme veteran Ma Xingrui from Communist Party in deepening Politburo purge
Ma Xingrui, the 66-year-old who led China's space programme before running Xinjiang, was expelled from the party and stripped of all posts on Tuesday after anti-graft investigators accused him of bribery, nepotism and trading power for sexual favours.
- 2d ago
Wall Street banks post record profits as AI infrastructure boom drives dealmaking and trading
Goldman Sachs, JPMorgan, Bank of America and Citigroup posted a combined $42.7 billion in net income, as the SpaceX $86 billion IPO and a rush to fund AI infrastructure drove equities trading revenue up 72%.
- 4d ago
Victim of first IS-claimed attack in Germany speaks 10 years on: 'Scars remain but do not define us'
A 36-year-old survivor of the 2016 Würzburg regional train axe and knife attack, the first Islamic State-claimed terrorist assault in Germany, released a statement via a local friendship society describing lasting injuries and thanking the city for its compassion.
- 6d ago
SK Hynix raises $26.5B in record foreign IPO, CEO warns memory shortage will last past 2030
The South Korean memory giant debuted on the Nasdaq on July 10, raising $26.5 billion and opening 14% above its offer price. CEO Kwak Noh-jung warned that memory supply will fall short of demand through 2030, with 2027 set to be the worst year on record.
- Jul 9
Xi Jinping demands accountability after shoe factory fire kills 28 in China
At least 28 people died when a fire tore through the Huiteng Shoes factory in Jinjiang, a global hub for sneaker production. President Xi Jinping ordered an immediate investigation and warned of repeated industrial safety failures.
- Jul 8
Trump says Iran deal is 'over' as U.S. strikes 80 targets; oil jumps, stocks slide
U.S. forces struck over 80 targets in Iran and President Donald Trump declared the ceasefire memorandum 'over', sending oil prices up more than 5% and rattling global equity markets.
- Jul 5
China frees underground pastor Ezra Jin after Trump's intervention
Ezra Jin Mingri, founder of the Zion Church, was released from Chinese detention and reunited with his family in Los Angeles on July 4, less than two months after President Trump raised his case with Xi Jinping.
- Jul 2
Iñaki Sandoval named new director of Barcelona's Conservatori del Liceu, replacing Maria Serrat after 27 years
Pianist and former student Iñaki Sandoval will become director general of the Conservatori del Liceu in December, returning to the institution where he founded its jazz department.
- Jul 2
Rosa María Calaf receives Spain's National Television Award for pioneering legacy
The veteran RTVE correspondent is recognised for breaking barriers in journalism and reporting from the world's major political centres.
- Jun 30
Switzerland stays world's wealthiest per adult, but median wealth plunges 20% as global private wealth rises 10.8% in 2025
The latest UBS Global Wealth Report shows Swiss adults still have the highest average wealth at $910,382, but median wealth tumbled from $182,248 to $145,555 in one year, reflecting widening inequality as global private wealth grew by 10.8%.
- Jun 29
China's Momenta files for $751 million Hong Kong IPO as Baidu's Kunlunxin targets $50 billion listing
Autonomous driving firm Momenta seeks up to HK$5.89 billion while Baidu's AI chip unit Kunlunxin eyes a $50 billion valuation, underscoring a record half for Hong Kong equity listings.
- Jun 27
China industrial profit growth cools to 21.1% in May as domestic demand stays weak
Profits at China’s industrial firms rose 21.1% in May from a year earlier, down from a 24.7% jump in April, as robust exports and an AI-fuelled tech boom failed to fully offset sluggish domestic consumption.
- Jun 27
Marrit Steenbergen breaks women's 100m freestyle world record at Rome's Trofeo Sette Colli
The Dutch world champion clocked 51.68 seconds, erasing Sarah Sjöström's 2017 mark of 51.71. Sara Curtis took third with a new Italian record of 52.69.
- Jun 25
Anthropic accuses Alibaba of using 25,000 fake accounts to distil Claude AI capabilities in largest known attack
The U.S. AI company says operators linked to Alibaba's Qwen lab generated 28.8 million exchanges with Claude through fraudulent accounts between April and June 2026.
- Jun 25
Micron's AI-fueled earnings beat steadies markets after tech rout; oil slides on Hormuz easing
Global stock markets found their footing after a sharp tech sell-off, as Micron Technology's stronger-than-expected quarterly results and bullish AI demand outlook reassured investors. Oil prices extended declines to multi-month lows amid progress in the Strait of Hormuz.
- Jun 24
SK Hynix files for $29 billion Nasdaq listing, largest ADR deal on record
The South Korean memory giant plans to issue 17.79 million new shares as American depositary receipts, with trading set to begin on July 10. Proceeds will fund new chip factories and equipment for AI memory production.
- Jun 23
Global markets slide as AI bubble fears trigger tech sell-off; KOSPI plunges 10%, Nasdaq down 3%
A wave of profit-taking on overvalued AI and chip stocks swept across global markets on 23 June, with South Korea's KOSPI index tumbling nearly 10% and the Nasdaq falling 3% at the open.
- Jun 23
South Korea's 10% plunge ignites global AI tech rout, Nasdaq loses $1 trillion
A 10% plunge in South Korea's KOSPI on June 23 ignited a worldwide rout in AI-related stocks. The Nasdaq shed almost $1 trillion in value, and the Philadelphia semiconductor index fell 8%, stoking concerns that the artificial intelligence investment boom may be a bubble.
- Jun 18
Two men jailed in Britain for spying for China in operation targeting Hong Kong pro-democracy dissidents
A London court sentenced two dual Chinese-British nationals to prison terms on Thursday after they were convicted of assisting a foreign intelligence service by surveilling Hong Kong pro-democracy activists based in the UK.
