US Treasury Secretary Scott Bessent says a major priority in the search for the next chair of the Federal Reserve is finding a leader who can simplify the way the central bank manages the country’s money markets. Speaking during an interview on CNBC
Jakarta has moved to prohibit the sale and consumption of dog, cat and bat meat in an effort to reduce the risk of rabies transmission, marking a significant policy shift for Indonesia’s capital and a major step welcomed by animal welfare groups. Governor
The Philippine military has addressed growing speculation about potential efforts to remove President Ferdinand Marcos Jnr from office, acknowledging that such plots are “not far fetched” but firmly rejecting fears that a coup is developing within the armed forces. The statement comes during
Tencent Cloud has entered a new collaboration with US based start up Cartesia to push forward the development of advanced voice artificial intelligence, marking a rare moment of cooperation between Chinese and American companies in a field often considered highly sensitive. The partnership
Alibaba Group Holding posted stronger than expected results for the September quarter, supported by rising demand for its cloud computing and artificial intelligence services. The company reported on Tuesday that revenue for the financial second quarter reached 247.8 billion yuan, equal to about
UBTech Robotics has announced a significant step forward in the commercial use of humanoid robots after securing a major deal to introduce its technology at border checkpoints between China and Vietnam. The company confirmed on Tuesday that it had signed an agreement worth
South African authorities have opened an investigation into claims that Duduzile Zuma Sambudla, a daughter of former president Jacob Zuma, may have played a role in recruiting South African men to join Russian mercenary forces involved in the war in Ukraine. Police confirmed
Alibaba’s logistics unit Cainiao is widening its presence in Africa, rolling out its small parcel delivery service to more markets as demand for Chinese products continues to surge across the continent. The move reflects growing interest among Chinese e commerce sellers in reaching
Venezuela has strongly rejected a move by the United States to label the so-called Cartel de los Soles as a foreign terrorist organisation, describing the planned designation as a political manoeuvre based on what it calls an entirely fabricated group. The response came
The United States is preparing to supply Saudi Arabia with its most advanced F-35 stealth fighter jets, a development that many analysts view as part of a shifting Middle East strategy. While Washington has long prioritised preserving Israel’s military advantage in the region,
