El Salvador is stepping up its Bitcoin game, with Vice President Félix Ulloa Jr. highlighting the country’s impressive achievement of holding over 6,217 BTC worth over $500 million. This transformation into a symbol of financial freedom is largely driven by the Bitcoin Office led by Stacy Herbert, which has launched various initiatives to promote cryptocurrency. ...
There’s a growing competition for artificial intelligence (AI) talent in China, with major tech companies offering impressive salaries to attract skilled professionals. Xiaomi, a leading smartphone maker, is organizing a special hiring event for AI experts in various fields, including deep learning and natural language processing. They are speeding up the hiring process by allowing ...
China’s central bank is expanding its monetary policy toolkit to better manage liquidity in the financial system. This move aims to provide more options for fine-tuning the economy amid ongoing challenges. By introducing new measures, officials hope to enhance financial stability and support economic growth.
China's anti-graft agency reported that it punished 589,000 individuals for discipline violations in the first nine months of the year. This included cases of accepting or offering bribes. The crackdown highlights the government's ongoing efforts to combat corruption at all levels.
 "Amid escalating tensions, the Philippines defies China, asserting its right to bolster defenses with US missile deployments in contested waters.")
The Philippines and the United States have decided to keep a mid-range missile system, the Typhon, in the northern Philippines indefinitely to enhance regional deterrence against China. This decision follows China’s concerns about the missile deployment, which Philippine Defense Secretary Gilberto Teodoro dismissed as interference in the country’s affairs. Teodoro emphasized that China, who has ...
 "Tensions escalate as China intensifies military maneuvers around Taiwan, crossing territorial lines and provoking a strong defensive response.")
Since September 2020, China has increased military activities near Taiwan, using gray zone tactics that do not involve overt military conflict. Recently, Taiwan’s Ministry of National Defence reported detecting six Chinese military aircraft and six naval vessels around the island within a 24-hour period. Three of these aircraft crossed the median line of the Taiwan ...
 "Top private equity firms, led by India-based executives, pivot towards India amid declining opportunities in China and Southeast Asia.")
Leading private equity firms like Blackstone and KKR are increasingly focusing on India, driven by a surge in significant transactions. Senior leaders are now based in the country to oversee regional investments. For example, Amit Dixit, who heads Blackstone’s Asia operations, has extensive experience in South Asia. KKR recently appointed Gaurav Trehan as Co-Head of ...
 "Tensions escalate as China deploys 20 warplanes and 10 vessels near Taiwan, marking another provocative military maneuver amidst ongoing territorial disputes.")
Taiwan’s Ministry of National Defence recently reported heightened military activity from China, detecting 20 Chinese military aircraft and 10 naval vessels around Taiwan over a 24-hour period. Fifteen of these aircraft crossed the median line of the Taiwan Strait, entering Taiwan’s Air Defence Identification Zone. This escalation is part of a series of provocations by ...
India is experiencing a significant drop in exports to China, with a 22.44% decline to $1 billion in August, compared to an overall export decrease of 9% to $34.7 billion. Despite this contraction, China’s dependency as India’s largest import partner remains strong, with imports rising by 15.5% year-on-year to $10.8 billion. Key export items to ...
 "In a historic shift, India surpasses China in the MSCI Emerging Markets Index, fueled by robust economic growth and investor confidence.")
India has made history by surpassing China for the first time in the MSCI Emerging Markets Index, showing a weight of 2.35% compared to China’s 2.24%. This shift comes amid India’s strong economic growth, with its GDP growing at a pace over three times faster than China’s. Analysts from Morgan Stanley expect India to keep ...
