Official state news agency of the People’s Republic of China
Wall Street and large investors have committed hundreds of billions to finance AI build-outs while equity indexes have hit record highs and volatility measures sit near year-to-date lows. That borrowing has pushed corporate credit costs higher and left highly leveraged players exposed: Situational Awareness has suffered a 67% one-month loss and sold much of its public book to Citadel.
Beijing has expelled Vivian Wang of The New York Times after a DealBook appearance by Taiwan’s Lai Ching-te; the United States has responded by revoking a visa for a Chinese state-media journalist, in a tit-for-tat move that underscores deteriorating press access and ongoing tensions between Beijing, Taipei and Washington.
China has detained Min Zin, the US-Myanmar scholar and executive director of ISP Myanmar, on suspicion of espionage and endangering China’s national security. The arrest occurred after he arrived in Kunming for an academic workshop, with Beijing saying the case will be handled under the law. The move follows broader U.S.-China tensions and Myanmar’s ongoing political crisis.
A seismic event in Mindanao has caused coastal uplift of up to about 2 metres, exposing coral and seagrass as shoreline retreat is observed along the Cotabato Trench. Authorities report multiple aftershocks and ongoing assessments of casualties and damage.
Myanmar’s junta chief Min Aung Hlaing is engaging with China to advance Belt and Road projects, border trade, and regional stability. Beijing is deepening cooperation across energy, infrastructure, and digital sectors while urging peace talks and domestic reconciliation.
European heat waves persist with record-setting temperatures across multiple countries. Authorities warn of health risks, power strains, and disruptions to travel and schooling. Forecasters expect a gradual cooldown starting Friday, as the continent faces a second consecutive heat dome driven by high pressure.
OnePlus has announced it will stop launching new phones in Europe and North America and will focus new device rollouts on India and China. The parent company Oppo has begun a corporate restructuring as memory-chip shortages and rising component costs have cut demand for budget phones and pushed manufacturers to prioritise AI-oriented high-bandwidth memory.
China’s top military leadership is undergoing a reshuffle as two senior officers are promoted to general and moved into key anti-graft and command roles. The promotions come amid a high-stakes anti-corruption campaign that has sidelined senior commanders and reduced the Central Military Commission to a two-person core.
Tropical Storm Maysak has strengthened and moved inland, triggering floods across Guangxi and neighbouring provinces. Authorities report deaths and widespread evacuations as reservoirs and river embankments exceed warning levels. Rescue operations are ongoing as the region braces for more heavy rain and potential further flooding.
South Africa has processed more than 53,000 foreign nationals for deportation or repatriation after sustained anti‑migrant protests and door‑to‑door searches. Thousands have fled to temporary centres such as Musina and Lindela; Malawi, Mozambique, Nigeria and others have arranged buses and flights. Governments and NGOs are warning of overcrowding, poor conditions and rising diplomatic tensions.
China has test‑launched a long‑range ballistic missile from a nuclear submarine into the South Pacific carrying a dummy warhead. Beijing has said the launch was routine and that relevant countries were notified; Australia, New Zealand, Japan and Pacific states have condemned the test as destabilising and said notice was insufficient.
A wave of legal actions has unfolded as multiple individuals face charges for fraud, embezzlement and money laundering across the U.S. and Europe. Proceedings highlight the reach of illicit finance in corporate and public institutions, with investigations centering on unemployment benefits fraud, luxury embezzlement and political corruption.
Typhoon Maysak and Super Typhoon Bavi have unleashed heavy rain and flooding across Guangxi. The Liulan reservoir breach in Nanning has killed 26 people, with 9 missing. Rescue operations involve thousands of workers and boats, evacuations surpassing 130,000, and power restoration in hundreds of homes as officials warn more rain will come.
Modi has stepped up engagement across the Indo-Pacific, signing agreements with Indonesia, Australia and others amid regional security tensions. China has tested a ballistic missile in the Pacific, prompting concerns over Beijing's expanding military reach. Modi's three-nation tour highlights New Delhi's aim to shape regional balance.
A deadly fire at the Huiteng Shoes factory in Jinjiang, Fujian, has caused multiple casualties as state media report arrests and a frozen company account. President Xi has called for an all-out rescue and accountability for those responsible. Rescue efforts are ongoing as investigators assess the blaze.
JAXA has flown the RV-X, lifting it 11 metres and landing it upright 16 metres away at Noshiro, marking Japan’s first successful launch and landing of a rocket. China’s Long March-10B has achieved a sea-based net catch on its maiden flight, signaling a major step toward reusable launch technology. The stories show growing momentum in global efforts to reduce space-launch costs and expand access to space.
Typhoon Bavi has made two landfalls in Zhejiang province and has weakened to a severe tropical storm while still carrying vast moisture. Authorities have evacuated more than 1.7 million people in Zhejiang and moved hundreds of thousands in neighbouring provinces; flights and train services have been cancelled and flooding, fallen trees and landslides have been reported.
A heavy, rain-triggered landslide in Pengshui County near Chongqing has buried more than 10 buildings. Over 1,100 residents have been relocated. Ten people have been rescued, eight died, and authorities say rescuers are mapping stable access paths as they work with water and debris. Relief funds have been allocated as rescue operations continue.
China’s Luyang III-class destroyer has conducted live-fire drills within Japan’s EEZ near Okinotori, while Russia’s presence and joint patrols with China are drawing concern from Tokyo. Officials say the drills, observed during a China-Russia exercise, underscore deepening military cooperation in the region. Authorities are monitoring moves around Japan’s waters and airspace.
Typhoon Noul has made landfall along the Guangdong coast and is driving strong winds and heavy rain across southern China, prompting mass evacuations, flight cancellations, and power disruptions as authorities monitor its path toward inland regions.
Noul has made landfall in southern China, driving strong winds and heavy rain. Hong Kong cancels hundreds of flights and thousands are displaced as authorities mobilize flood defenses and relief funds.
China’s coast guard activities and disputed claims in the South China Sea continue to heighten regional tensions. The United States and Philippines reaffirm support for freedom of navigation as ASEAN accelerates talks on a binding code of conduct. New rules around Scarborough Shoal and demonstrations of maritime enforcement are intensifying the arguments over sovereignty and security in the region.
The United States has expanded sanctions on Cuba, targeting military entities and officials as part of a broad pressure campaign. Measures include designations of GAESA subsidiaries and MINFAR assets, freezing assets, and threatening further actions. Cuba faces intensified economic hardship amid fuel shortages and political tensions.
Typhoon Dolphin has weakened inland but continues to cause extreme rainfall and floods across Zhejiang, Shanghai and Fujian. Authorities have evacuated hundreds of thousands, canceled thousands of flights, and closed major attractions as the storm moves westward.
The Bald Range wildfire has grown to about 9,500 hectares, triggering evacuation orders in Summerland, Peachland and surrounding districts. A state of emergency grants authorities power to manage travel, supply protections and rescue coordination as more than 20,000 residents have been displaced across British Columbia.
Dolphin has made landfall near Yuhuan, Zhejiang, bringing winds of 151 km/h and torrential rain. The storm has prompted mass evacuations, flight cancellations, and widespread transport disruptions as authorities warn of prolonged rainfall and flood risk across eastern China.
China has announced a failure in a Long March 7A launch carrying a ChinaSat 4B satellite. The blast occurred minutes into the flight after an in-flight anomaly, marking the first failure of this rocket family since 2020. Analysts are assessing the cause and potential implications for China’s space program.
An underground market is emerging for rooms that claim to leak details on officials under scrutiny in China. Operators charge entry fees and offer cryptic clues, with others moving members to new rooms to avoid monitoring. The development follows a broader assessment of leadership changes and tensions in China’s industrial sector.
The Chang’e-7 mission is delaying its launch as conditions for lift-off have not been met this year. The China Manned Space Agency has given a brief statement that the launch cannot take place within the planned window after a comprehensive assessment.