The Chinese government's work report for 2024 sets an ambitious 5% economic growth target, surpassing not only previous forecasts by the IMF and World Bank but also the projected growth rates for the United States and Europe. Chinese Ambassador to (...)
China's housing market showed signs of improvement at the start of the year, with property investment and sales declining at a slower pace,Reuters reported on Monday.
Government interventions have helped mitigate the downturn, but analysts remain (...)
China's Central Bank conducted a 7-day reverse repurchase agreement amounting to 10 billion yuan (approximately $1.41 billion) at an interest rate of 1.8 per cent, Xinhua reported on Monday.
The People's Bank of China (PBOC) emphasised that this (...)
A group of 47 countries, including the European Union, Canada, Japan, and Pacific Island states, are advocating for a charge on the international shipping sector's greenhouse gas emissions, Reuters reported on Monday.
The proposal, currently under (...)
Asian shares rose on Monday as Chinese data exceeded expectations, while investors braced for a series of central bank meetings this week that could signal changes in monetary policy, as reported by Reuters on Monday
China reported a seven per cent (...)
Xpeng, a Chinese EV maker, announced its plan to launch a more affordable brand, marking its entry into an intensely competitive segment of the EV industry where price wars are prevalent, Reuters reported on Sunday.
Xpeng plans to launch new models (...)
The Egypt Expo and Convention Authority (EECA) showcased an Egyptian pavilion at the 24th edition of the Xiamen Stone Fair. This event is taking place in Xiamen, China, from 16 to 19 March.
Featuring 14 specialized companies, the Egyptian pavilion (...)
نجح علماء صينيون فى زرع أول كبد خنزير كامل معدل وراثياً فى إنسان، في إنجاز يمكن أن يساعد على تخفيف النقص فى الأعضاء، حيث تم زرع كبد الخنزير، الذي تم تعديله لحذف جينات متعددة مرتبطة بالبروتينات التي تسبب رفض الأعضاء، في مريض متوفى دماغيا، بحسب موقع (...)
أفاد موقع "south china morning post"، بنجاح علماء صينيون في زرع أول كبد خنزير كامل معدل وراثيًّا في إنسان، في إنجاز يمكن أن يساعد على تخفيف النقص في الأعضاء، حيث تم زرع كبد الخنزير، الذي تم تعديله لحذف جينات متعددة مرتبطة بالبروتينات التي تسبب رفض (...)
Bank of China (CBOC) is expected to maintain its key policy rate as it renews medium-term loans, influenced by uncertainty about the Federal Reserve's interest rate adjustments, according to a Reuters' survey. Market analysts anticipate a focus on (...)
Singapore witnessed an 8 per cent increase in middle distillates stockpiles, the highest level since September 2021, as per a Reuters report.
Net exports of diesel-gasoil and jet fuel-kerosene decreased by 98 and 26 per cent, (...)
A drop in lithium prices is impacting China's mining of the metal, which is used in electric car batteries, Reuters reported on Thursday. This, along with expensive extraction processes, is leading to a revaluation of production growth and new (...)
Egypt's Minister of Trade and Industry, Ahmed Samir, recently met with Zhang Tao, the Acting Chinese Ambassador to Cairo, along with a delegation, to discuss the progress made since last week's meeting with the Chinese Minister in Cairo. The talks (...)
Former finance worker Lei Xiaoyu in a southern Chinese city is being pursued by debt collectors due to a mortgage delinquency, Reuters reported on Wednesday.
Lei, who lost her job in late 2022, is struggling to repay the mortgage and credit card (...)
The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar wealth funds.
According to Bloomberg News, Saudi Arabia recently shifted a $164 billion stake in its state-owned petroleum and (...)
South Korea plans to review the sale of high-risk investments following a probe that revealed banks missold China-linked structured products to retail investors, resulting in over $4 billion in losses, Bloomberg reported on Wednesday.
Kim Soyoung, (...)
Iron ore prices continued to decline due to concerns about China's economic outlook, with futures approaching $100 per tonne, a level that could impact higher-cost producers, as reported by Bloomberg on Wednesday.
The commodity dropped over five per (...)
The People's Bank of China announced on Wednesday that it conducted reverse repo operations with a total value of RMB 3 billion to ensure the liquidity of the banking system.
Concurrently, the yuan's exchange rate was established at 7.0930 against (...)
كشفت تقارير أن شركة صينية ناشئة في مجال الذكاء الاصطناعي، تروج لنفسها كمنافس لشركة OpenAI، حيث تعمل الشركة على إنتاج أداة للذكاء الاصطناعي مشابهة ل Sora التي كشفت عنها OpenAI الأمريكية منذ أسابيع.
جمعت شركة AIsphere ومقرها بكين أكثر من 14 مليون (...)
تخطط الصين لتركيب نظام مراقبة تقشعر له الأبدان على القمر للتجسس على مواطنيها وحماية قاعدتها القمرية المقبلة.
وبحسب ما ورد سيتم تجهيز كاميرات Skynet الأمنية بشرائح تعمل بالذكاء الاصطناعي قادرة على اكتشاف "الأهداف المشبوهة" وتوجيهها.
وتعتبر Skynet هي (...)
The German shipowners' association VDR on Tuesday, called on the Berlin government to enact laws that would incorporate the shipping industry into the European Union's carbon trading scheme, as per the EU's requirements, according to Reuters.
The (...)
Anhui Jianghuai Automobile of China announced on Tuesday that it will increase its joint venture's registered capital with Volkswagen China from 7.4 billion yuan to 13.9 billion yuan, Reuters reported.
Jianghuai Auto will invest an additional 1.6 (...)
China is failing to meet key targets for reducing climate-warming emissions, putting its credibility in global climate talks at risk, Reuters reported on Tuesday.
The government's lack of political will to address the emissions gap, driven by energy (...)
Oil declined further on Monday due to concerns about sluggish demand in China, despite ongoing geopolitical tensions in the Middle East and Russia providing some support, as per a Reuters report.
Brent futures dropped by 0.7 per cent to $81.53 a (...)
Chinese solar stocks soared on Monday as investors expected the government to ease limits on solar power transmission, according to Bloomberg.
Shares of Xinyi Solar Holdings Ltd. and Flat Glass Group Co., two leading solar glass manufacturers, (...)