Latest in Massive Chinese
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Massive cleanup under way in Ghana after fire destroys one of world’s biggest secondhand markets
Thousands of traders face ruin after blaze razes two-thirds of Accra’s Kantamanto, which receives an estimated 15m used clothes from global north each week. A huge cleanup operation is taking place ...The Guardian - 5d -
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Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - 5d -
U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.The New York Times - 5d -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - 6d -
Power restored to almost all of Puerto Rico after massive blackout
After a massive New Year’s Eve blackout, nearly all of Puerto Rico’s power has been restored — though the island is also projected to face power shortages later in the day Thursday. Luma, the ...The Hill - 6d -
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high
Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.MarketWatch - 6d -
Suspected Chinese underwater spy drone found by fishermen
Officials said the drone was not armed, but the police report listed "potential national security implications" as one significance of its recovery.CBS News - 6d -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - 6d -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - 6d -
At least 3 dead, multiple injured in massive New Year’s Eve fireworks explosion in Hawaii
At least three people are dead and two dozen are injured after a New Year’s Eve fireworks explosion in a Honolulu residential neighborhood, officials said.NBC News - 6d -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - 6d -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - 6d -
Half of Puerto Rico starts the new year in the dark after massive power outage
Puerto Rico suffered the latest in a string of widespread power outages Tuesday that at one point had nearly 1.3 million businesses or homes — most of the island — in the dark.NBC News - Jan. 1
