Monday, December 8, 2025

Economic Development In Asia Still Faces Many Challenges, China Minister Says

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Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Went said. Wang made the comments at the Asia-Pacific Economic Cooperation (APEC) conference in Detroit, where he met with several leaders and exchanged views on multilateral and...

Gold Steadies Around $2,000 As Recession Fears Fuel Safe Haven Demand

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Gold prices moved little on Friday, but stuck to key levels as a string of weak economic readings brewed concerns over slowing growth and fed into haven demand for the yellow metal. While gold prices were pressured by some strength in the dollar this...

Gold Prices Face Resistance At $2,000 As Fed Meeting Looms

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Gold prices were muted in early Asian trade on Tuesday after touching key highs in the prior session as markets locked in some profits ahead of an upcoming Federal Reserve interest rate decision, while caution over a potential banking crisis kept safe haven demand...

Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ

hoverbike
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Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday. Aerwins, which is taking orders for the XTurismo hoverbike with...

Hajj and Eid al-Adha 2024

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Dates and Significance This year, based on moon sighting, Hajj will start on June 14, and Eid al-Adha will be celebrated on June 16. Hajj, one of the largest annual Muslim gatherings, takes place in Mecca from the 8th to the 10th of Dhul-Hijjah, the...

South Korea Asks US to Review China Rule For Chip Subsidies

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South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules to limit chip investment in countries such as China, a U.S. public filing showed. In March, the U.S. commerce department proposed rules to prevent China...

Russia’s War On Ukraine Latest: Ukraine Retakes Land Around Bathmat

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Moscow acknowledged on Friday that its forces had fallen back north of Ukraine’s battlefield city of Bakhmut after a new offensive, in a retreat that the head of Russia’s Wagner private army called a rout. CONFLICT Russian-installed officials on Friday said missiles fired by Ukrainian forces...

Alibaba’s Hong Kong Shares jump Nearly 15% on Six-Way Split Plans

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Alibaba Group's Hong Kong shares rose sharply on Wednesday, tracking an overnight jump in its American stock after the e-commerce giant said it plans to split into six units, with potential fundraising and listings for most of them. The stock (HK:9988) rose 13.5% to...

Exclusive-Accounting For War: Ukraine’s Climate Fallout

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The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict. The report, which is due...

Crypto verse: Busy Bitcoin Births New Breed of Crypto

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Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glasson, almost 40% higher than the previous peak in 2017. Bitcoin’s dominance, or its share of the overall $1.16 trillion cryptocurrency market, has swelled to 44% from 38%...