AFP

China has lifted a ban on seafood imports from most regions of Japan, partially mending a years-long dispute over Tokyo’s handling of nuclear wastewater.China and Japan are key trading partners, but increased friction over territorial rivalries and military spending has frayed ties in recent years.Japan’s brutal occupation of parts of China before and during World …

China to resume some Japanese seafood imports after Fukushima ban Read More »

Bangladesh’s biggest port resumed operations on Monday after customs officials called off a strike that had disrupted the export and import of goods for around 48 hours.Sehela Siddiqa, Joint Tax Commissioner and secretary of the NBR Reform Unity Council — a platform of protesting workers — confirmed the resumption of activities at Chittagong and all …

Bangladesh’s biggest port resumes operations as strike ends Read More »

Singapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence after a series of high-profile scandals rattled the sector.The city-state’s central bank last month said digital token service providers (DTSPs) that served only overseas clients must have a licence to continue operations past June 30 — or …

Tougher Singapore crypto regulations kick in Read More »

China’s top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an “anchor of stability” in a world in turmoil.Wang Yi’s tour will take him to the European Union’s headquarters in Brussels as well as France and Germany as China seeks to improve relations with the bloc as …

China’s top diplomat visits Europe pitching closer ties in ‘volatile’ world Read More »

Asian equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries’ efforts to strike trade deals with the United States before a key deadline next week.And the dollar weakened on growing expectations for more interest rate cuts, while eyes were on Donald Trump’s signature tax-cutting bill — now …

Most Asian stocks rise as investors eye US trade talks Read More »

China’s manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held.The Purchasing Managers’ Index — a key measure of industrial output — came in at 49.7, according to the National Bureau of Statistics (NBS).The figure was higher …

China manufacturing shrinks in June despite trade war respite Read More »

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree.OpenAI boss Sam Altman recently lamented that Meta has offered $100 million bonuses to engineers who jump to Zuckerberg’s ship, where hefty salaries await.A few OpenAI …

Meta spending big on AI talent but will it pay off? Read More »

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks.”We have a buyer for TikTok, by the way,” Trump said in an interview on Fox’s Sunday Morning Futures …

Trump says ‘very wealthy’ group to buy TikTok Read More »