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10d07/01⚠ war-conflict · 2/5

Indonesian civil trainee deaths spur criticisms of Prabowo’s reliance on military drill

When Indonesian President Prabowo Subianto promised to build 80,000 village cooperatives across the archipelago, the aim was to drive rural growth, strengthen food security and give communities greater control over essential goods and services. But the deaths of five trainees preparing to manage the cooperatives have cast a shadow over the US$13.4 billion programme, one of Prabowo’s flagship initiatives alongside free nutritious meals and affordable housing. The trainees were required to take...

◇ unclassifiedchina · asia · usa
10d07/01

Thailand’s Bangchak fuels North Asia push with HK$2.1b Caltex petrol stations deal

One of Thailand’s largest energy conglomerates has bought Caltex petrol stations in Hong Kong in a HK$2.1 billion (US$270 million) deal, which the firm will use as a springboard into North Asia. Semi-privatised Bangchak Corporation Public Company on Tuesday completed the acquisition of 100 per cent of the shares of Chevron Hong Kong from Chevron Companies (China), according to a Bangchak statement. A source told the South China Morning Post that the sale was driven by a combination of factors,..

◇ unclassifiedchina · asia
10d07/01⚠ coups-regime · 2/5

How a ‘Chinese heart’ could get US blood pumping despite biotech decoupling

A “Chinese heart” could be helping to save lives in the United States despite efforts to decouple the two countries’ biotechnology sectors as a result of rising political tensions. The fully magnetically levitated pump, which is slightly bigger than a table tennis ball, has been fitted to more than 100 patients with advanced heart failure across the United States as part of a nationwide clinical trial. The BrioVAD is a left ventricular assist device (LVAD) that helps pump oxygen-rich blood to...

◇ unclassifiedchina · asia · usa
10d07/01

Is it worth it investing in non US markets?

Whats your tale on this? Im a non US investor: When US markets go up international markets go up less, when US markets go down, internal markets go down more, long term it doesnt seem to pay off. I'm a VT guy so far but within vt in the top 25 position the only non US companies are the below, wouldn't it be better to just be all in like VOO and buy those separaetly if even wanted? Among VT's top 25 holdings, these are the non-U.S. companies (and they dont move the needle anyways within the fund

Social◇ unclassifiedusa · taiwan · korea
10d07/01⚠ sanctions · 2/5

Singapore seizes US$42.4 million bungalow linked to Nvidia chip fraud

Singapore authorities have seized a so-called Good Class Bungalow (GCB) valued at around S$55 million (US$42.4 million) and around S$1 million (US$770,000) of funds in connection with a fraud conspiracy, the police said on Wednesday. The case has been linked to the movement of Nvidia chips in contravention of US export controls. GCBs are among the most prestigious type of housing in Singapore, with authorities imposing key planning constraints. It is understood that the seized GCB is located at.

◇ unclassifiedchina · asia
10d07/01⚠ shipping-routes · 2/5

Singapore telecoms company slashes CEO’s salary over outages

The chief executive of Singapore’s largest and oldest telecommunications company took a pay cut last year despite the company posting a sharp rise in profits, after a series of network failures dented its operational record. Singtel CEO Yuen Kuan Moon received S$6.8 million (US$5.3 million) for the financial year ended March 31, down 16.9 per cent from S$8.2 million a year earlier, according to the company’s annual report released on Tuesday and first reported by The Straits Times. The pay cut..

◇ unclassifiedchina · asia · usa
10d07/01⚠ war-conflict · 3/5

Iran prepares grand funeral for late supreme leader killed on war’s first day

Giant portraits of Ayatollah Ali Khamenei, Iran’s late supreme leader killed in US-Israeli air strikes, have been hung from Tehran’s Grand Mosalla as workers raced to prepare for his grand funeral ceremony. His funeral, initially delayed at the height of the Middle East war, will take place as Iran and the United States observe a fragile ceasefire after signing a preliminary deal to halt the conflict. Khamenei, a spiritual figure for many Shias, was killed aged 86 at his compound in the centre..

◇ unclassifiedchina · asia · usa
10d07/01⚠ war-conflict · 2/5

A US missile killed Iranian schoolchildren 4 months ago. Still, no one accepts blame

It was the deadliest reported strike in the US-Israeli war against Iran, and most of the victims were children. Yet over four months since a US missile struck an Iranian primary school, there is no final accounting of what happened. The Trump administration has not directly accepted the blame, though the military possessed evidence almost immediately that the site had been struck, a US official with knowledge of the situation told Associated Press. Drawing from interviews with US officials,...

◇ unclassifiedchina · asia · iran
10d07/01⚠ war-conflict · 2/5

Raid to relief as US military aids Venezuela after twin earthquakes

The US military has established a robust footprint of US forces in and around Venezuela to support relief operations, with more than 900 personnel inside the country and another roughly 800 in Caribbean hubs Puerto Rico and Curacao, according to the top US general for Latin America. General Francis Donovan, the commander of US Southern Command, said US forces had participated in search-and-rescue operations, helped get the airport up and running and mobilised air and naval assets to ‌allow for..

◇ unclassifiedchina · asia · usa
10d07/01

As China narrows maths gap with US, Hong Kong bids to host 2030 global event

Even before the world’s top mathematicians gather in Philadelphia in late July for the International Congress of Mathematicians, a high-stakes battle is unfolding over where the global event will next take place. Spearheaded by 1982 Fields Medallist and Tsinghua University professor Shing-Tung Yau, Hong Kong’s bid to host the 2030 congress faces competition from Glasgow and Tokyo. An inspection delegation from the International Mathematical Union (IMU) – the congress’s governing body – completed

◇ unclassifiedchina · asia · japan
10d07/01

Xi Jinping meets foreign leaders: tracker, June 2026

Chinese President Xi Jinping hosted the leaders of Laos, Myanmar, Cambodia, Bangladesh and Belarus in June. He also travelled to North Korea on his first overseas journey this year and his first visit to Pyongyang since 2019. In total, 20 national leaders have met Xi in Beijing this year, including US President Donald Trump and Russian leader Vladimir Putin. The long list shows China’s growing global influence amid rising geopolitical tensions. Xi may meet Trump three more times this year. He...

◇ unclassifiedchina · asia · russia
11d06/30

Trump reports more than US$1.4 billion in income from crypto ventures

US President Donald reported more than US$1.4 billion in income from his family’s crypto ventures last year, showing how he now ‌earns most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, Trump’s annual disclosure for 2025 with ⁠the US Office of Government Ethics, showed he received more ‌than $500 million from World Liberty Financial, a cryptocurrency venture he and his sons co-founded...

◇ unclassifiedchina · asia
11d06/30⚠ sanctions · 2/5

US, China should de-escalate from tit-for-tat actions, US lawmaker says

US Senator Steve Daines has urged Washington and Beijing to avoid escalating tensions through tit-for-tat actions, citing China’s recent export controls against American rare earth firms and the Pentagon’s decision to blacklist several Chinese technology companies. “These are unfortunate developments,” the Republican Senator from Montana said on Monday. Daines is a member of two of the most powerful committees in the US Senate: the Foreign Relations and Finance Committees. “The escalation on...

◇ unclassifiedchina · asia · usa
11d06/30

US hollows out G20 agenda, casts Miami summit as ‘backdrop for Trump-Xi meeting’: sources

The United States is working to hollow out the G20’s agenda and turn its December summit “into a backdrop” for a likely meeting between US President Donald Trump and Chinese President Xi Jinping in Miami, the South China Morning Post has learned. Two delegation members described the effort as the group’s top negotiators, also known as sherpas, met in Washington on Monday and Tuesday for their second in a planned series of sessions to draft the Joint Declaration that leaders are to issue at the..

◇ unclassifiedchina · asia · usa
11d06/30

US must innovate faster to counter China’s tech rise, lawmakers told

A US congressional hearing on Tuesday urged the United States to innovate faster, smarter and better to counter China’s growing technological muscle, even as several lawmakers slammed the US President Donald Trump administration for policies they said undercut US national interests. The testimony before the House Committee on Energy and Commerce comes as the two economic giants increasingly and aggressively face off over standards, economic models and supply chains, despite last month’s summit..

◇ unclassifiedchina · asia · usa
11d06/30

The great AI reckoning: how China is flipping the script on US’ new industrial revolution

As the United States marks the 250th anniversary of its founding, it confronts a new world order dominated by its relationship with China. In this wide-ranging series, we examine the pressure points and possibilities in those ties, from hard tech to soft power. Here, Vincent Chow looks at how China challenges core American assumptions about innovation and technology, and the historical stakes of their competition in artificial intelligence. In 1969, the renowned British sinologist Joseph Needham

◇ unclassifiedchina · asia · usa
11d06/30

State-managed equity funds and political risks

I'm actually a fan of ETF's and government equity funds such as. B. the Swedish pension fund. Now that Germany wants to put an admittedly small part of the pension into a fund, I asked myself what kind of dependency we will have on the USA in the future, since Trump has already shown where the journey could go with his “Big Beautiful Bill”. What actually prevents the USA from, e.g. B. threaten Sweden tomorrow in a hypothetical trade dispute,

Social◇ unclassifiedgermany · usa · europe
11d06/30

Trump ally Steve Daines rejects claims of talks with KMT leader

Republican Senator Steve Daines said he did not meet with Cheng Li-wun, the leader of Taiwan’s main opposition Kuomintang party, during her US visit earlier this month despite Cheng’s statements to the contrary, saying she met only with members of his staff. “She met my staff. She did not meet me,” the conservative lawmaker from Montana told the South China Morning Post on Monday. Cheng visited Washington earlier this month as part of a broader effort to strengthen ties with US policymakers...

◇ unclassifiedchina · asia · usa
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