China’s high net worth individuals are increasingly shifting a larger share of their assets offshore as they look for ways to protect their wealth amid slowing domestic growth, policy uncertainty and low investment returns at home. A new report by insurer YF Life
China has unveiled new plans to attract foreign investment into its domestic basketball system, marking a significant step toward expanding the sport’s reach and raising the competitiveness of Chinese teams. The announcement comes only weeks after the NBA resumed operations in the country
A Kenyan parliamentary inquiry has sharply criticized what it describes as a deeply troubling pattern of sexual misconduct linked to a long standing British Army base in the country. The findings highlight allegations of rape, assault and the abandonment of children fathered by
A dating service in Brazil that promotes paid encounters with Korean men styled as K-drama “oppa” characters is now the focus of a formal investigation into possible sexual exploitation. The South Korean consulate in São Paulo confirmed it has already identified victims and
Iraq has decided to remove Lebanon’s Hezbollah and Yemen’s Houthis movement from a government asset freeze list after officials said their inclusion was the result of an administrative error. The correction, announced on Thursday, came after the initial publication caused confusion inside Iraq
French President Emmanuel Macron has urged Chinese companies to increase investment in France and across the European Union, highlighting the need for deeper cooperation in advanced industries as Europe faces a widening technological gap with China. His remarks came during his visit to
Two brothers from southwestern China have been stunned to learn that the flat stones they had been using as everyday stepping stones for more than twenty years were, in fact dinosaur footprint fossils dating back nearly 190 million years. The discovery has drawn
The possibility of a return to normal shipping operations in the Red Sea has gained new momentum after Houthi rebel groups in Yemen indicated in November that they would halt attacks on commercial vessels, provided the Gaza ceasefire remained in place. Their signal
China’s pursuit of global leadership in artificial intelligence is intensifying, yet questions about whether the country can sustain the massive funding required for long-term AI development continue to surface. Former Google chief executive Eric Schmidt offered one of the starkest assessments to date,
Shanghai authorities have launched a sweeping campaign against online content that portrays the property market in an overly negative or misleading light, as concerns about China’s struggling real estate sector continue to linger. The move comes at a time when two major data
