China’s youth unemployment soars to 2-year high as job crunch deepens
China’s urban youth unemployment rate rose last month to the highest level since the data set was adjusted…
SpaceX Partners with Chip Makers to Launch Starlink Mobile Service
SpaceX is working with microchip manufacturers to embed devices in phones to support its nascent Starlink satellite-to-cell service,…
Memorial Sloan Kettering to Cut Hundreds of Jobs as Costs Surge
Memorial Sloan Kettering Cancer Center is planning to cut less than 2% of its workforce as it faces…
Private Equity to Private Credit Exposure at Big Pension Funds Nears $5 Trillion
Regulation and compliance have driven an unprecedented wall of US retirement money into private assets, a new reportBloomberg…
China’s stock rally poised to run on as household savings pour into equities
Households continued to shift money into mainland China’s US$12.7 trillion stock market last month, suggesting that a rally…
Developing | China’s economy under strain in August as retail sales, industrial output miss forecasts
China’s economy showed signs of strain in August, as sluggish domestic demand, headwinds from the US trade war…
North Korean Hackers Used ChatGPT to Help Forge Deepfake ID
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document…
North Korean Hackers Used ChatGPT to Help Forge Deepfake ID
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…
China’s Summer of Economic Weakness Likely Stretched Into August
China’s economy likely endured another month of weakness in August, with a slowdown in industrial output and investment…
China’s export growth slows in August under shadow of trade war uncertainty
China’s exports continued to rise in August, though at a slower pace, with the near-term outlook clouded as…
Why China’s anti-involution fight could be less punchy than 2015’s supply-side reform
China’s intensified fight against cutthroat, low-quality price competition – known as involution – is unlikely to result in…