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Volcano Engine, the cloud computing unit of Chinese tech giant ByteDance, said on Monday it has secured an “exclusive AI cloud partnership” with the Spring Festival Gala – a marquee slot that underlines the company’s ambition to turn its artificial intelligence cloud business into a national-scale platform. Volcano Engine said the deal – built on…
Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing the US$1 trillion benchmark in the first 11 months of the year, growth in its official foreign exchange reserves has lagged. This seeming paradox prompts a question – where did the money go? Analysts said the gap…
Myanmar’s dominant pro-military party claimed an overwhelming victory in the first phase of the elections, a senior party official said, after democracy watchdogs warned the junta-run poll would entrench military rule. The armed forces snatched power in a 2021 coup, but on Sunday opened voting in a phased month-long election they pledge will return power…
War drums not heard in half a century are beating across Europe. Nato Secretary General Mark Rutte has warned that Europe “must be prepared for the scale of war our grandparents and great grandparents endured”. British and French defence chiefs have urged their respective nations to be ready to lose children in the fight against…
The United Nations urged global leaders on Monday to focus on people and the planet in a New Year’s message depicting the world in chaos. “As we enter the new year, the world stands at a crossroads. Chaos and uncertainty surround us. Division. Violence. Climate breakdown. And systemic violations of international law,” UN Secretary General…
The head of Iran’s Central Bank resigned on Monday as the biggest protests since 2022 erupted in Tehran and other cities after the country’s currency plummeted to a new record low against the US dollar. The resignation of Mohammad Reza Farzin was reported by state television, as traders and shopkeepers rallied in Saadi Street in…
Russian Foreign Minister Sergey Lavrov said on Monday that Ukraine had tried to attack President Vladimir Putin’s residence in the Novgorod region and so Moscow’s negotiating position would be reviewed. Ukraine said Russia’s claim was a lie and that Russia was preparing to strike government building in Kyiv. Russia said Ukraine attacked the presidential residence…
A 27-year-old woman has been killed after being hit by a KMB double-decker bus at a pedestrian crossing in Hong Kong on Monday. The accident, reported at about 3.30pm on Monday, occurred when the route 85 bus reached the junction of Ma Tau Wai Road and Bailey Street in To Kwa Wan. The woman was…
China and Indonesia did more than commemorate 75 years of diplomatic relations in 2025. They stress-tested what partnership means when economic ambition, geopolitical flux and domestic governance collide. The year delivered tangible bilateral progress across diplomacy, defense, finance and development. It also exposed persistent — and in some cases widening — gaps in oversight, sustainability…
One of the most notable choices in 2025 was Europe’s decision to turn the other cheek. In April, when the United States chose to impose its highest tariffs for a century on imports from the European Union, the world’s largest trading bloc would have been perfectly justified in retaliating by imposing comparable taxes on imports…
