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"We Will Take Back Panama Canal...": Pentagon Chief Meets Panama President
The US will take back the Panama Canal, ending China's influence in one of the world's most important waterways, US Secretary of Defence Pete Hegseth said today after a rare visit to the Central American nation.
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China Connection Emerges In Bangkok Skyscraper That Collapsed During Quake
A Chinese-backed construction firm is being investigated over the collapse of a 33-storey high-rise in Thailand's Bangkok during Friday's 7.7-magnitude earthquake that struck central Myanmar.
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UAE Plans to Launch Digital Dirham CBDC, Integrated Wallet in Q4 2025
The UAE is among many nations that is preparing to launch its CBDC in the future. Earlier this week, the Central Bank of the UAE said its Digital Dirham CBDC will be launched for retail use later this year. The CBUAE said that the digital dirham will be able to facilitate tokenisation and expand access to liquidity through fractionalisation.
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Is Global Scientific Progress Under Threat? Why China Is Central To It
Amid heightened tensions between the US and China, the two countries signed a bilateral science and technology pact on Dec 13, 2024. The event was billed as a "renewal" of a 45-year-old pact to encourage cooperation, but that may be misleading.
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World's Largest Gold Deposit Found In China, Valued At A Staggering Rs 7 Lakh Crore
A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.
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Increasing Global Heatwave Hotspots Defy Climate Model Predictions
Heatwave hotspots exceeding climate models are emerging globally, with regions like northwestern Europe, central China, and the U.S. Pacific Northwest witnessing record-breaking extremes. Recent findings reveal jet stream wobbles, vegetation drying, and atmospheric patterns driving these anomalies. Notable impacts include wildfires, crop failures, ...
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RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
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Many Children Injured In Car Crash Outside China School
Several students were injured Tuesday after a car crashed outside a primary school in central China's Hunan province, state media said. "Many schoolchildren were injured, the specific casualties are being investigated," state broadcaster CCTV said.
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Chinese Firm To Print Nepal Notes With Map Featuring Indian Regions
The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised political map of the country.
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Chinese Woman Risks Children's Lives On 23rd-Floor AC Unit To Upset Husband During Argument
A woman in central China sparked outrage after placing her two young children on an air conditioning unit outside their 23rd-floor apartment during an argument with her husband.
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
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Ex-CIA Agent, Who Spied For China, Jailed For 10 Years
A former Central Intelligence Agency (CIA) officer, was sentenced to 10 years in prison for spying for the Chinese government.
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30 Killed, 35 Missing After Torrential Rains In China: Report
At least 30 people are dead and 35 are missing in central China, state media reported Thursday, following days of torrential rain that lashed the country earlier this week.
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"We Will Take Back Panama Canal...": Pentagon Chief Meets Panama President
The US will take back the Panama Canal, ending China's influence in one of the world's most important waterways, US Secretary of Defence Pete Hegseth said today after a rare visit to the Central American nation.
-
China Connection Emerges In Bangkok Skyscraper That Collapsed During Quake
A Chinese-backed construction firm is being investigated over the collapse of a 33-storey high-rise in Thailand's Bangkok during Friday's 7.7-magnitude earthquake that struck central Myanmar.
-
UAE Plans to Launch Digital Dirham CBDC, Integrated Wallet in Q4 2025
The UAE is among many nations that is preparing to launch its CBDC in the future. Earlier this week, the Central Bank of the UAE said its Digital Dirham CBDC will be launched for retail use later this year. The CBUAE said that the digital dirham will be able to facilitate tokenisation and expand access to liquidity through fractionalisation.
-
Is Global Scientific Progress Under Threat? Why China Is Central To It
Amid heightened tensions between the US and China, the two countries signed a bilateral science and technology pact on Dec 13, 2024. The event was billed as a "renewal" of a 45-year-old pact to encourage cooperation, but that may be misleading.
-
World's Largest Gold Deposit Found In China, Valued At A Staggering Rs 7 Lakh Crore
A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.
-
Increasing Global Heatwave Hotspots Defy Climate Model Predictions
Heatwave hotspots exceeding climate models are emerging globally, with regions like northwestern Europe, central China, and the U.S. Pacific Northwest witnessing record-breaking extremes. Recent findings reveal jet stream wobbles, vegetation drying, and atmospheric patterns driving these anomalies. Notable impacts include wildfires, crop failures, ...
-
RBI to Roll Out eRupee CBDC Widely After Viewing Outcome or Impact: Report
Despite the recent developments in the area, India’s central bank is is no rush to roll out the CBDC to the nationals. The situation was addressed in Philippines by RBI deputy governor T. Rabi Sankar, reportedly during a conference.
-
Many Children Injured In Car Crash Outside China School
Several students were injured Tuesday after a car crashed outside a primary school in central China's Hunan province, state media said. "Many schoolchildren were injured, the specific casualties are being investigated," state broadcaster CCTV said.
-
Chinese Firm To Print Nepal Notes With Map Featuring Indian Regions
The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised political map of the country.
-
Chinese Woman Risks Children's Lives On 23rd-Floor AC Unit To Upset Husband During Argument
A woman in central China sparked outrage after placing her two young children on an air conditioning unit outside their 23rd-floor apartment during an argument with her husband.
-
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
-
Ex-CIA Agent, Who Spied For China, Jailed For 10 Years
A former Central Intelligence Agency (CIA) officer, was sentenced to 10 years in prison for spying for the Chinese government.
-
30 Killed, 35 Missing After Torrential Rains In China: Report
At least 30 people are dead and 35 are missing in central China, state media reported Thursday, following days of torrential rain that lashed the country earlier this week.
