Taiwan detains China-linked cargo ship after undersea cable disconnected

Taiwan, which China claims as its own territory, has repeatedly complained about “grey zone” Chinese activities around the island, designed to pressure it without direct confrontation, such as balloon overflights and sand dredging. Taiwan’s coast guard said it detained a China-linked cargo ship on Wednesday after a nearby undersea cable to the Penghu Islands in […]

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Trump threatens to impose new tariffs on Indian and Chinese goods

Despite tense bilateral relations between India and China, following the Galwan Valley clash in 2020, and Prime Minister Narendra Modi’s Aatmanirbhar Bharat push, India’s trade deficit with Beijing has crossed the $100 billion mark for the first time ever in the history of India-China bilateral relations, According to analysts, the recovery of India’s manufacturing sector, […]

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Chinese researchers find bat virus enters human cells via same pathway as Covid

The virus does not enter human cells as readily as SARS-CoV-2 does, the Chinese researchers reported in the journal Cell, noting some of its limitations. A newly discovered bat coronavirus uses the same cell-surface protein to gain entry into human cells as the SARS-CoV-2 virus that causes Covid-19, raising the possibility that it could someday […]

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Almost 90% of Japanese companies see Trump as bad for business: Survey

Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey showed on Thursday, the clearest sign yet of mounting worry in the United States’ top foreign direct investor. The results of the survey show how the prospect of higher tariffs and increased trade friction between […]

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South Korea police building case against Yoon for obstructing arrest

A South Korean court issued an arrest warrant for Yoon on December 31 in a criminal investigation accusing the suspended leader of insurrection over his martial law decree last year. South Korean police are formally building a case against impeached President Yoon Suk Yeol over accusations he obstructed the execution of an arrest warrant, a […]

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KKR lifts stake in Japan’s Fuji Soft, ending bidding war with Bain

Japan’s Fuji Soft (9749.T), opens new tab said on Thursday that KKR (KKR.N), opens new tab now owns nearly 58% of the company after the second stage of a tender offer, ending a fierce battle with rival Bain Capital to take the software developer private. The two private equity powerhouses had engaged in a protracted […]

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Chinese extricated from Myanmar scam centres fly home from Thailand

A group of 200 Chinese nationals plucked from scam centres in Myanmar crossed into Thailand and were flown home on Thursday, as part of a multinational effort to repatriate hundreds caught up in massive internet fraud schemes, a senior Thai minister said. For years, criminal gangs have trafficked hundreds of thousands of people to scam […]

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Chinese bubble tea chain Mixue aims to raise $443 million in Hong Kong IPO

China’s largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, according to a regulatory filing made on Friday. The company is selling 17.1 million shares at a fixed price of HK$202.5 each, the filings showed. Bookbuilding for the IPO starts on […]

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Gaza is not a bargaining chip in any political transaction: China

Chinese Foreign Minister Wang Yi told the UN Security Council that Gaza and the West Bank are the homeland of the Palestinian people. They are not a bargaining chip in any political transaction. Speaking at a Security Council meeting in New York on Tuesday (February 18), Wang Yi said that the future of Palestine must […]

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