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Chinese banks join the space race with satellite launches and rocket backing

Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms and even launching spacecraft of their own. While banks elsewhere typically use...

10hSouth China Morning PosteconomicsImpact

Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....

6dCoinTelegrapheconomics

Baidu's ERNIE 5 AI Model Rises Up the Rankings—A Math Wiz That Beats OpenAI's GPT 5.1

Baidu's ERNIE-5.0-0110 ranks #8 globally on LMArena, becoming the only Chinese model in the top 10 while outperforming GPT-5.1-High....

6dDecryptTechnologyImpact

Belarus creates legal framework for ‘cryptobanks’ in new presidential decree

The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....

6dCoinTelegraphPoliticsImpact

Chinese rivals to Musk’s Starlink wrestle with rocket constraints

Four Chinese groups are racing to build global satellite communications infrastructure to challenge the considerable head start made by US tech billionaire Elon Musk’s Starlink. The two leaders for Ch...

1dSouth China Morning PostTechnologyImpact

Chinese student numbers at Harvard rise despite Trump visa crackdown

Enrolment at Harvard for Chinese students rose in the autumn from a year earlier, even as the Donald Trump administration moved to rein in visas for them and limit foreign enrolment and funding at the...

Jan 13South China Morning PosteducationImpact

Saudi banks borrow abroad at fastest ever pace

Lenders rebalance books as tight liquidity from kingdom’s megaprojects forces them to look overseas for funding...

2dFinancial TimeseconomicsImpact

UK approves new Chinese ‘mega embassy’ in London despite security concerns

The UK goverenment on Tuesday approved a 20,000-square-metre plot of land, known as Royal Mint Court, for China's new embassy in London. The decision has stoked heated controversy, mostly over nationa...

1dFrance 24PoliticsImpact

UK approves massive Chinese embassy in central London despite security concerns

Opponents have warned of a potential threat to the UK's national security given the site's proximity to London’s two primary financial districts....

2dEuronewsPoliticsImpact

Central banks vs Bitcoin: Who deserves the public’s trust?

At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin....

1dCoinTelegrapheconomics

World central banks rally behind Powell, stress Fed independence

Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....

Jan 13CoinTelegrapheconomicsImpact

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...

22hBusiness InsiderPoliticsImpact

Chinese firm Sinovac to supply vaccine to Chile ahead of flu season

The Chilean government has awarded a contract to Chinese biopharmaceutical firm Sinovac Biotech to supply its influenza vaccine ahead of the southern hemisphere winter. The vaccine will be part of Chi...

Jan 13South China Morning PostHealth

Hong Kong’s Chinese-language newspaper Ming Pao to cease operations in Canada

Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...

Jan 13South China Morning Postworld_newsImpact

China previews how powerful its new Xuntian space telescope will be ahead of 2027 launch (video)

Chinese researchers have completed a full end-to-end simulation of the Chinese Space Station Telescope's observing systems, offering a preview of how the powerful scope will survey the universe....

2dSpace.comScienceImpact

Islamic State claims attack on Kabul restaurant that killed seven, including Chinese national

The IS claim included a threat against Chinese nationals in Afghanistan, linking the attack to China's alleged mistreatment of Uyghur Muslims in the western province of Xinjiang....

2dEuronewsworld_newsImpact

Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing

Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...

Jan 14South China Morning Posteconomics

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

Mainland Chinese money to drive 10% rise in Hong Kong commercial property deals: Colliers

Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...

Jan 14South China Morning PosteconomicsImpact

UBS conveys upbeat note on Chinese stocks in 2026 as global investors seek diversification

UBS Group conveyed a sanguine outlook on Chinese stocks in 2026, as the world’s second-largest economy proved to be an important alternative for global investors seeking to diversify away from US equi...

Jan 13South China Morning Posteconomics
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Business Insider64
South China Morning Post24
CoinTelegraph23
IGN21
Financial Times15
The Verge12