Raymond Louis The world’s 500 richest people lost a total of $108 billion in wealth on Monday amid a tech-led selloff linked to the emergence of Chinese AI app DeepSeek, according to Bloomberg. The selloff erased gains from the tech portfolios of billionaires such as Nvidia co-founder Jensen Huang and Oracle’s Larry Ellison, whose fortunes…
Richard Sanders, Staff Writer In a statement issued on Tuesday, a Chinese embassy spokesperson in London criticized “anti-China rhetoric from a small number of UK MPs,” claiming it has exposed their distorted views on China. The spokesperson accused them of attempting to “discredit China” and “hinder normal exchanges between China and the UK.” This statement…
Richard Sanders, Staff Writer Beijing aims to enforce its domestic laws beyond its borders by prohibiting the sale of certain goods to the US, impacting both Chinese and foreign companies. These new export control regulations mark China’s initial effort to mirror the extraterritorial application of US and European sanctions, targeting Chinese products and those containing…
Francis Tuschek, Staff Writer China is deploying its largest naval fleet in regional waters in nearly thirty years, presenting a more significant threat to Taiwan than previous military exercises, according to the Ministry of National Defense. In a statement in Taipei, ministry spokesperson Sun Li-fang indicated that the current naval deployment, which stretches from the…
by Jake Sanders, Editor Update: Malaysian Immigration to Deport Serey Sam Back to Denmark In a significant turn of events, Malaysian immigration authorities have decided to deport Serey Sam, a prominent Cambodian activist, back to Denmark. This decision follows his detention on December 4, 2024, while attempting to enter Malaysia on a Danish refugee document….