The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said Wednesday.Featuring a bigger screen and more processing power, the console is an upgrade to the original Switch — the third best-selling console of all time.It was released last Thursday …
European Central Bank chief Christine Lagarde warned Wednesday that “coercive trade policies” risked harming supply chains and the global economy, and called for a de-escalation of a tariff standoff that has wiped billions off markets.Lagarde, one of the world’s most influential central bankers, is visiting Beijing this week for talks with local counterparts on the …
ECB’s Lagarde slams ‘coercive trade policies’ in Beijing visit Read More »
A sprawling new mine is gouged into the lush rolling hills of northeast Myanmar, where civil war has weakened the government’s already feeble writ, and pollution levels are rising downstream in Thailand.The complex is one of around a dozen extraction operations that have sprung up in Shan state since around 2022, in territory controlled by …
Asian stocks rose Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff deal.After two days of high-profile, closely watched talks in London, the two sides said they had set up a framework to move towards a pact, following negotiations in Geneva …
Asian equities rally after China-US framework on trade Read More »
Nintendo said Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched.”This is the highest global sales level for any Nintendo hardware within the first four days,” the Japanese video game giant said in a statement.Featuring a bigger screen and more processing power, …
Nintendo says sold record 3.5m Switch 2 consoles in first four days Read More »
Global stock markets moved indecisively Tuesday as investors waited for the outcome of US-China talks aimed at cementing a fragile trade war truce between the world’s two biggest economies.A second day of high-level talks in London between the United States and China stretched into the evening Tuesday with no concrete announcements so far.US equities finished …
Stocks muted as investors track US-China trade talks Read More »
Chinese tech giant Huawei’s chips still “lag behind the United States by one generation”, state media quoted its founder and CEO Ren Zhengfei as saying in a rare interview on Tuesday.Washington last month unveiled fresh guidelines warning firms that using Chinese-made high-tech AI semiconductors, specifically Huawei’s Ascend chips, would put them at risk of violating …
Huawei founder says chips still lag ‘one generation’ behind US Read More »
Indonesia revoked permits on Tuesday for four of the five mining companies operating in the eastern archipelago of Raja Ampat after activists shared videos of islands damaged by nickel extraction.The cluster of islands and shoals in Southwest Papua Province sits in the Coral Triangle and is thought to be one of the world’s most pristine …
Indonesia revokes most mining permits in dive hotspot after outcry Read More »
Asian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump’s top advisers saying he expected “a big, strong handshake”.There is optimism the negotiations — which come after the US president spoke to Chinese counterpart Xi Jinping last week — will …
Asian markets extend gains as China-US talks head into second day Read More »
In a world hungry for crucial resources, China may not be poised to start deep-sea mining but it is planting seeds for such operations in a meticulously planned economic and geopolitical strategy.The world’s oceans, both international waters and those under national jurisdiction, are rich in minerals and metals, like cobalt, nickel and copper.These are important …
China carefully assembling a deep-sea mining strategy Read More »
