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14d06/28

China fires up world’s biggest superconducting magnet for nuclear fusion project

The world’s biggest superconducting magnet for a nuclear fusion reactor has passed final tests as part of China’s CRAFT “artificial sun” project, eclipsing international performance benchmarks. The assembly comprises two coils: a toroidal-field magnet that acts as a magnetic cage, and a central solenoid that serves as the igniter. The results, achieved by researchers with the Institute of Plasma Physics, Chinese Academy of Sciences, clear a major engineering hurdle on the path to confining a...

◇ unclassifiedchina · asia
14d06/28

3 held as Hong Kong police seize HK$180m of suspected cocaine at typhoon shelter

Hong Kong police have seized 241kg of suspected cocaine estimated to be worth HK$180 million (US$23 million) from a typhoon shelter, marking the largest bust in the past year. Acting Senior Superintendent Kwan Chun-hin from the narcotics bureau said on Sunday that police arrested three individuals – the suspected mastermind and two key members of the trafficking syndicate – during the raid at the Aberdeen Typhoon Shelter on Friday. The operation dismantled the group and disrupted its supply...

◇ unclassifiedchina · asia
14d06/28

Will Japan’s tourist visa fees, interest rate policy impact its booming property market?

With Japan imposing higher visa fees for tourists from July while moving away from an ultra-loose monetary policy, foreign investors must prepare themselves for both direct and indirect impacts on their real estate assets, according to agents and analysts. There is a dearth of data on the total number of homes bought by non-residents in Japan, but agents said the two main reasons for purchasing were to either use them as a primary base while they explored the country’s tourist destinations, or..

◇ unclassifiedchina · asia · japan
14d06/27

One of Texas' Oldest Oil Plays Is Running Dry

The Eagle Ford shale play has shown remarkably consistent crude oil production and rising natural gas output in recent years. A formation beneath the Eagle Ford has been producing for nearly a century, but now it has its remaining resources nearly exhausted. The Buda Limestone formation, which lies beneath the Eagle Ford Group, has limited remaining oil and gas resources, the latest analysis by the U.S. Geological Survey (USGC) showed this week. Technically recoverable resources at Buda Limeston

◇ unclassifiedmiddle-east · russia · usa
14d06/27⚠ war-conflict · 3/5

The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century

You might think that Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not. He is betting on the $5+ trillion in infrastructure required to run it, and that’s where big capital is flowing now. And he’s betting on Bitzero (NASDAQ: AIBZ) to be one of the first to break AI’s biggest chokepoint: power. Bitzero was looking further ahead while most of the rest of the market was narrowly focused on AI software and semiconductors. As a result, on May 5th, Bitzero…

◇ unclassifiedmiddle-east · russia · usa
14d06/27⚠ war-conflict · 3/5

China Is Quietly Winning the Clean Energy Trade War

China’s clean energy dominance is growing. Buoyed by the skyrocketing energy needs and future projected demands of the artificial intelligence boom, clean energy projects are getting greenlit at a breakneck pace. And those projects depend on cheap Chinese clean energy components, as Beijing has near-total control of global supply chains for clean energy tech including solar panels and lithium-ion batteries for electric vehicles as well as energy storage systems. As a result, Chinese clean energy

◇ unclassifiedmiddle-east · russia · usa
14d06/27

NASA Eyes Moon Base Powered by Solar Panels and Nuclear Reactors

With major plans for space travel, several governments are proposing lunar energy production, including solar and nuclear projects. In May, NASA announced plans to send robotic landers, hopping drones, and vehicles to the moon as part of the United States government’s plans to develop a lunar base. NASA is expected to develop the machines alongside Intuitive Machines, Astrobotic, Blue Origin, and Elon Musk’s SpaceX. The United States aims to land its astronauts back on the moon before President

◇ unclassifiedmiddle-east · russia · usa
15d06/27

Turkey Pushes Bold Global Plan to Electrify 35% of Energy Use by 2035

Turkey, the host of the UN’s COP31 climate summit, has urged other countries to electrify to support the global green transition. This shift could significantly cut greenhouse gas emissions and reduce reliance on fossil fuels over the next decade, helping to achieve global climate change targets. Murat Kurum, Turkey’s environment minister, who will preside over the COP31 summit alongside Australian representatives, is encouraging countries to meet at least a third of their energy needs with elec

◇ unclassifiedmiddle-east · russia · usa
15d06/27

US, Mexico Catholic bishops call for humane treatment of migrants

More than 100 Catholic bishops, nuns, priests and parishioners joined a procession across ⁠the US-Mexico border on Friday evening, urging the US government to treat migrants with dignity and respect. The procession, from Nogales, Arizona, to its sister city in the Mexican state of Sonora, was planned to coincide with commemorations of America’s 250th anniversary. “We want to be well together. This is what the Church is all about,” Bishop of Tucson, Arizona, James Misko said as he celebrated mass

◇ unclassifiedchina · asia · usa
15d06/27

Rise in elite civil servants leaving prompts calls for hiring rethink

The number of elite Hong Kong public servants who resigned or retired climbed by a third in the past financial year compared with the previous one even as overall civil service turnover declined, prompting calls to expand open recruitment for senior posts. Figures from the Civil Service Bureau show that 36 administrative officers left the government in 2025-26, up by 33 per cent from 27 a year earlier. Of the departures, 20 resigned, compared with 18 in 2024-25, while retirements climbed from...

◇ unclassifiedchina · asia
15d06/27

China urges easing of travel barriers as Apec tourism ministers meet in Macau

China will strengthen coordination with other countries to remove bureaucratic barriers and make travel more convenient for international tourists, Beijing’s tourism chief has told an Apec meeting attended by ministers from Hong Kong and other jurisdictions. Sun Yeli, China’s minister of culture and tourism, also called for closer cooperation within the Apec community to promote tourism as a regional economic driver. He highlighted that the “high-quality development of cultural tourism” was a...

◇ unclassifiedchina · asia
15d06/27⚠ war-conflict · 2/5

Thousands flock to PLA airbase amid Hong Kong handover celebrations

Thousands of residents have braved the scorching heat to watch helicopter demonstrations and try out military equipment at a PLA airbase near Hong Kong’s border. Military enthusiast Kin Man arrived at Shek Kong with his mother from Tai Po more than an hour before the 9am opening on Saturday. They were among the first ticket holders in line for the open day, part of celebrations marking the 29th anniversary of the city’s handover on July 1. “I’m interested in everything military, especially the..

◇ unclassifiedchina · asia · usa
15d06/27

Filipino teenager, 17, drowns after falling from Peng Chau bridge in Hong Kong

A Filipino teenager has drowned after losing his balance while walking on a bridge and falling into the sea off an outlying island in Hong Kong, the South China Morning Post has learned. According to a source, the 17-year-old boy, who holds a Hong Kong identity card, was chatting with two friends while sitting on the railings of Chau Tsai Bridge on Peng Chau on Friday evening. At around 7.18pm, he stood on the railings and walked a few steps before losing his balance and falling into the sea,...

◇ unclassifiedchina · asia
15d06/27⚠ war-conflict · 2/5

China removes 6 generals from legislature as military anti-corruption drive continues

China has removed six senior PLA officers from the country’s top legislative body, a sign that President Xi Jinping’s military anti-corruption campaign is not slowing down. According to a late-night notice issued by the National People’s Congress Standing Committee on Friday, 13 members of the legislature had been removed and one had resigned. Away from the military, those removed included a former top financial regulator and the ex-Xinjiang party chief. There had already been indications that..

◇ unclassifiedchina · asia · usa
15d06/27⚠ coups-regime · 2/5

As China’s tech firms adapt to AI era, workers worry they’ll be ‘optimised’ out of a job

When a friend checked in on a Meituan employee late last month to see if he had survived the latest round of corporate culling at the food delivery giant, he responded drily: “I don’t know whether it will be me next.” Anxieties were running high at the company then, after chat screenshots circulated on Chinese social media claiming Meituan planned to slash up to half of its product roles by the end of June, coupled with deep cuts to other departments. While Meituan quickly denied the rumours,...

◇ unclassifiedchina · asia
15d06/27⚠ coups-regime · 1/5

noticed 20 genomics/sequencing stocks all breaking out the same week. can't tell if it's a real rotation or I'm just pattern-matching noise

So I run a screen across 2800 nasdaq names, returns over a few horizons, distance from 52w highs, relative volume, dispersion, that kind of stuff. mostly to keep myself honest on the macro instead of trading off headlines. been doing it daily for a while now. this week one thing stuck out and I've been chewing on it for a couple days so figured I'd just put it here and see if anyone's seeing the same thing or can tell me why I'm wrong. there's a clump of genomics / DNA sequencing / diagnostics n

Social◇ unclassifiedusa
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