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THE TRUTH ABOUT: 2 - The Untold Story

India's steel capacity utilisation to stay above 90% on strong demand: Kotak

India's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipped a bit, hot-rolled coil prices are holding steady. This stability is expected to persist, leading to better profit margins for companies. The industry is optimistic about continued strong demand…

The Economic Times

Are the EU and China heading for a trade war?

Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders are meeting to discuss the growing trade conflict. Beijing wants dialogue but warns of retaliation. The risk of a trade war is real, though both sides have reasons to…

The Economic Times

The new man of steel! India seen filling the void China may leave

India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges…

The Economic Times

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Global Markets: Japan exports extend growth streak despite Middle East supply disruptions

Japan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectations, even as global trade faced challenges. Electronic components, especially for AI applications, led the surge. Shipments to the US and China remained strong. Imports also increased, primarily due…

The Economic Times

They were forced into marriage and abused. Now women facing exploitation in China have a glimmer of hope

Female activists are working in the shadows to find and support vulnerable women they fear are being failed by authorities

The Guardian - AU

China wants to spend nearly $300 billion on a national data center grid — all powered by domestically made silicon and looking to outperform the US

China plans a $295 billion AI data center grid relying heavily on domestic chips, telecom operators, and government-backed financing structures.

TechRadar

New Wham! documentary to explore legacy of historic tour of China

The film has drawn on restored, newly digitised and never-before-seen archive footage, alongside interviews with those who experienced the tour first-hand

The Independent UK

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Why are oil prices down while gold and silver prices up today? Reasons behind crude oil fall, precious metals rally, analyst insights and market outlook

Why are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz could reopen under a proposed U.S.-Iran agreement. At the same time, gold and silver prices moved higher because lower oil prices reduced inflation…

The Economic Times

Nvidia desperately wants to sell its latest Vera CPU to China after its market share 'effectively fallen to zero' but can it beat AMD, Intel, and Huawei?

Nvidia has begun pitching its Vera CPUs to clients in the Chinese mainland even as it contends with direct and indirect state pressure that has seen its GPU sales to China virtually collapse.

TechRadar

Putin wanted to make Russia great again. Instead, Ukraine is the new rising power in Europe

Russia’s ongoing war against Ukraine is often, and misleadingly, characterised as a great power conflict.

The Conversation

Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

Fortune

Kristi Noem alleges China is funneling migrants into US

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The Independent UK

'Making China the elephant in the room': The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say

With U.S. export controls on Anthropic boxing out allies and China controlling the minerals behind clean energy, the summit's AI and trade goals might be stymied.

Fortune

How India can win in a rewired global economy

India is poised to gain from global supply chain shifts. Strategic neutrality and domestic focus are key. The nation must build robust buffers and implement targeted industrial policies. International cooperation is vital. India can lead in AI adoption and data centres. Seizing this moment will create significant economic opportunities.

The Economic Times

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The Guardian - UK

From camel coats to guochao: Max Mara woos China’s luxury brand consumers

Fashion house pays tribute to Chinese style with its 75th anniversary catwalk show in Shanghai

International Business Times

China Retail Sales in May Fall For the First Time in Three Years

Data released Tuesday by China's National Bureau of Statistics showed that retail sales, a key gauge of consumer spending, fell 0.6% in May from a year earlier.

The Independent UK

Ousted DHS secretary Kristi Noem claims China has a ‘thousand-year plan to destroy the United States’

Kristi Noem says the US has received intelligence suggesting that Beijing-backed networks have been helping Chinese nationals into the country

InsideEVs

I Drove One Of China's Fastest EVs And Found It Surprisingly Easy To Drive—Despite Its 1,500 Horsepower

The Xiaomi SU7 Ultra could be the easiest 1,526-horsepower car I’ve ever driven. And starting at $75,000, it's a bargain.

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AAP

Pizza Hut, overtaken by the arrival of delivery culture, will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands

Fortune

Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China

“Frontier intelligence should not … be subject to withdrawal by a handful of rules at any moment,” Z.ai, a Chinese AI developer, wrote on social media.

Evening Standard

Wham! documentary explores legacy of the band’s landmark 1985 visit to China

George Michael and Andrew Ridgeley made history by becoming the first Western pop act to visit China.

AAP

FREELANDER 8 Makes First Public Appearance Ahead of Official Abu Dhabi Launch

WUHU, China, June 16, 2026 (GLOBE NEWSWIRE) -- In a significant milestone for the global premium new energy vehicle industry, FREELANDER 8 made its first public appearance at the Abu Dhabi Investment Forum held at The Peninsula Shanghai on June 11, 2026. The showcase comes as FREELANDER prepares for its…

AAP

Pizza Hut, where sales have lagged with arrival of delivery culture, will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands

AAP

Global Times: Jingpo festival song carries ethnic heritage to world

BEIJING, June 16, 2026 /PRNewswire/ -- A vibrant, rhythm-driven melody steeped in ethnic charm has recently taken the internet by storm. Known as "Munao Zongge," the song, paired with scenes of the Jingpo people, one of the ethnic groups in Southwest China's Yunnan Province, dancing in elaborate costumes adorned with…

AAP

Global Times: China-Greece civilizational dialogue sets model for mutual exchanges

BEIJING, June 16, 2026 /PRNewswire/ -- The Second World Conference of Classics opened in Athens, Greece on local time Tuesday, with discussions focused on issues related to classical civilizations and promoting academic exchanges and consensus-building in global classical studies, the Xinhua News Agency reported. A gathering of over 200 scholars,…

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