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THE TRUTH ABOUT: 63 - The Untold Story

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties

ZURICH — Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group (BCG) said on Wednesday.

Bangkok Post

China executes man for poisoning billionaire linked to Netflix's '3 Body Problem'

Chinese authorities have executed a man for poisoning his former associate, a billionaire gaming tycoon linked to the Netflix production of “The Three-Body Problem.”

The Independent UK

China is giving all humanoid robots unique ID numbers to monitor safety risks

Measure currently applies to over 100 Chinese humanoid manufacturers, with 28,000 robots already in service given digital IDs

The Independent UK

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China plans a giant overseas renewable energy plant with 1,000 turbines and millions of solar panels

In what is said to be the biggest renewable energy plan ever proposed by any nation, China is making plans to develop the most extensive clean energy plant outside its shores. From reports about this plan, it appears that China aims to develop 1,000 wind turbines along with millions of…

The Times of India

Logitech International CEO Eyes AI, B2B Growth as Next Investment Push Begins

Logitech International (NASDAQ:LOGI) Chief Executive Hanneke Faber said the company is entering its next phase from a position of financial strength, with plans to increase investment in innovation, business-to-business sales and marketing while keeping margins near the high end of its long-term mod

MarketBeat

China expands travel curbs to top AI talent at private firms

China is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology and boost its standing against the United States. Individuals deemed strategically important need government approval for overseas trips. This policy targets talent in the AI sector, including startup founders…

The Economic Times

China supports 'active mediation' by Pakistan between US, Iran: FM Wang Yi

China backs Pakistan's role in mediating between the United States and Iran. Chinese Foreign Minister Wang Yi stated support for active mediation by Pakistan and other nations. He emphasized that negotiations between the US and Iran are crucial for peace. Wang met with Pakistan's Field Marshal Asim Munir to discuss…

The Economic Times

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Tibet-in-exile government leader sworn in

The spiritual leader of Tibetans in exile, the Dalai Lama, attended the swearing-in ceremony for Penpa Tsering's second term as the elected government's leader. The Central Tibetan Administration, based in India, functions as a representative body for an estimated 150,000 Tibetans living in exile worldwide.

The Economic Times

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows

Hong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift is attributed to wealth from China and an IPO boom, with Asian hubs projected to grow faster than European ones. Despite this, Switzerland's diversification and geopolitical stability continue to attract…

The Economic Times

UK spy chief warns Russia cyber threats could overwhelm Britain and allies

Britain and its allies face a serious cyber threat from Russia. A top spy chief warns that critical infrastructure, elections, and public trust are under attack. She stresses the need for urgent action from everyone, from businesses to individuals. Rapid AI advancements mean a narrow window exists to stay ahead…

The Economic Times

GAC Deepens Its Global Footprint through High-Standard Services, Entering a New Phase of High-Quality Overseas Expansion

GUANGZHOU, China, May 27, 2026 /PRNewswire/ -- Guided by the ONE GAC 2.0 global strategy, GAC has entered a new phase of accelerated global expansion. Over the past two years, GAC's overseas sales have nearly tripled, earning the trust of over 400,000 overseas users.GAC not only builds world-class vehicles but…

AAP

China's April industrial profits grow at fastest in more than two years

China's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong exports and the booming AI sector. However, domestic demand continues to falter, creating a challenging environment for many businesses. Companies are increasingly relying on overseas markets for expansion. This…

The Economic Times

Monsoon uncertainty, price pressures to weigh on Indian agrochemical performance: Report

Indian agrochemical companies face challenges ahead. Higher prices for farm chemicals and uncertain monsoon rains are expected to impact performance in the second quarter of fiscal year 2027. Global El Nino concerns add to the worry. Meanwhile, China's pesticide production continues to surge, impacting global supply dynamics. Other chemical sectors…

The Economic Times

French luxury store Galeries Lafayette shuts Beijing flagship branch after 13 years

French luxury retailer Galeries Lafayette closed its flagship Beijing store on Wednesday after 13 years, underscoring weak consumer spending and changing shopping habits in China. Shoppers snapped up final bargains as staff cleared unsold goods and dismantled displays at the six-floor department store before its indefinite closure.

France 24

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International Business Times UK

Nvidia CEO Jensen Huang Says US Chip Restrictions Helped Chinese AI Companies Grow

Nvidia CEO Jensen Huang claims US export restrictions on semiconductors have accelerated China's AI industry growth, allowing companies like Huawei to fill the market gap left by Nvidia.

AAP

ICF8｜XCMG Excavator Showcase: A Shared Path Toward a Greener Future

XUZHOU, China, May 27, 2026 /PRNewswire/ -- XCMG hosted its 8th International Customer Festival on May 19. Partners from around the world gathered at the company's smart manufacturing campus for an up-close look at its latest developments. The event marked a new chapter for XCMG in driving the conversation on…

AAP

Tencent Cloud Named a Leader in Authoritative Sovereign Cloud Report, Recognized as a "Customer Favorite"

SHENZHEN, China, May 27, 2026 /PRNewswire/ -- Tencent Cloud, the cloud business of global leading technology company Tencent, today announced that it successfully secured a position as a Leader in The Forrester Wave™: Sovereign Cloud Platforms, Q2 2026 report, driven by the robust capabilities of Tencent Cloud Enterprise (TCE). As…

MarketBeat

Qfin Q1 Earnings Call Highlights

Qfin (NASDAQ:QFIN) reported lower first-quarter 2026 revenue and profit as management described continued pressure across China’s consumer credit market, but said recent risk-control measures are beginning to show results. CEO Haisheng Wu said China’s consumer credit industry has been undergoing “p

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The Guardian - AU

‘Makes no sense’: experts doubt pause in US arms sale to Taiwan is due to Iran war

While approval is due soon for $14bn deal, actual deliveries to Taiwan are years away – making ‘Operation Epic Fury’ in the Gulf an unlikely cause

The Guardian - UK

Russia is targeting UK’s infrastructure and democracy, GCHQ head to say

Anne Keast-Butler will also warn of narrowing window to stay ahead of China in ‘new era of radical uncertainty’

Bangkok Post

China reunification is an inevitable historical trend

Recently, the world's attention has been focused on the East. At the invitation of President Xi Jinping, general secretary of the Central Committee of the Communist Party of China, US President Donald Trump paid a state visit to China from May 13 to 15. These two major events have once…

The Independent UK

Colbert finale intentionally ignored on CBS Mornings after spoof of Trump China coverage: ‘Kicked ... when they were down’

The reported lack of an on-air tribute came after Colbert mocked his home network for failing to get a top anchor to China to cover the Trump summit

The Economic Times

Quote of the day by Shang Yang: 'The stupid don't even understand something that happened long ago, the wise understand it before it...' - thought-provoking lessons on intelligence, life strategy and why wise people predict outcomes early by founding father of legalism

Quote of the day by Shang Yang: He emphasized foresight in human behavior, contrasting those who learn from past events with the wise who anticipate future outcomes. His reforms in the state of Qin, focused on strengthening the military and centralizing power, laid groundwork for China's unification, though his authoritarian…

The Guardian - AU

Labor MP tells Coalition to ‘stop running scare campaigns’ over CGT changes – as it happened

This blog is now closed

Reason

Why Has Trump Stopped Selling Weapons to Taiwan?

The administration is avoiding conflict with China to focus on war in the Middle East. Taiwan’s democracy hangs in the balance.

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