Chinese President Xi Jinping emphasized during a meeting with Dutch Prime Minister Mark Rutte that China’s technological progress cannot be hindered. Xi made it clear that the Chinese people have legitimate development rights and that no force can impede China’s scientific and technological advancements. The strained relations between China and the Netherlands were highlighted during
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The recent Baltimore bridge collapse has caused carmakers to reevaluate their operations due to the closure of the busiest auto port in the U.S. The collapse of the Francis Scott Key Bridge, which occurred after a cargo ship hit it, has resulted in the presumed death of six workers who were on the bridge at
The initial trading of Donald Trump’s social media company under the ticker DJT saw a surge of more than 50% in the share price shortly after going public. The trading session was temporarily halted due to the high volatility, but it eventually resumed. This spike in share price highlights the investor interest and excitement surrounding
The private equity market in Asia Pacific experienced a significant decline in 2023, with the total value of deals falling to its lowest level since 2014. According to a report by Bain & Company, the region saw a drop in fundraising to a 10-year low amidst slowing growth, high interest rates, and volatile public markets.
Pope Francis made a surprising decision to skip his homily during the Palm Sunday Mass in St. Peter’s Square. This move came at the last minute, raising concerns about his health as he enters a busy Holy Week. The 87-year-old pontiff, known for his frail health due to bad knees and respiratory issues, chose not
The news of Princess Kate of Britain’s cancer diagnosis has sent shockwaves around the world. In a video statement released on Friday, she disclosed that she had been diagnosed with cancer following major abdominal surgery in London. Despite initial beliefs that her condition was noncancerous, tests after the operation revealed the presence of cancer. The
The U.K.’s Competition and Markets Authority has expressed its concerns regarding Vodafone’s proposed merger with rival CK Hutchison. The CMA is considering initiating an in-depth probe unless the two companies provide satisfactory solutions to address the regulator’s worries about competition in the mobile market. The CMA is worried that the merger between Vodafone and CK
The Bank of England announced its decision to maintain interest rates at 5.25%, signaling the possibility of future cuts due to a faster-than-expected decline in inflation. The Monetary Policy Committee voted 8-1 to keep rates steady, with one member advocating for a 25 basis point reduction to 5%. This marks a shift from previous meetings
Singapore has once again emerged as the happiest country in Asia, holding onto its title for the second consecutive year. The 2024 World Happiness Report, which ranks 143 places worldwide, placed Singapore in 30th position. The top spots were claimed by Finland, Denmark, and Iceland. This report, a collaboration between renowned researchers and well-being scientists,
Japan’s central bank, the Bank of Japan, made a significant move by raising interest rates on Tuesday for the first time since 2007. This decision marks the end of the world’s only negative rates regime, signaling a shift in the country’s monetary policy. The move came as a response to early signs of robust wage