Breaking News

North Korea enjoys rare ‘dash for flash’
Kim Jong Un’s backing for Russian war on Ukraine fuels construction boom and sales of luxury goods

Humanoid Robots Put China Ahead in Tech Race
China’s humanoid robot makers now control 97% of global shipments, giving Beijing an early lead over U.S. rivals. At the World Robot Conference, robots sort boxes, handle laundry, and bag clothes, but the real test is whether they can become everyday tools. Bloomberg’s Allen Wan has more. (Source: Bloomberg)

Dr TikTok: Mental health moves from consulting rooms to social media
Social media fosters empathy and awareness, but cannot replace evidence-based treatment or formal psychological care.

UK borrows more than expected in July as Healey prepares for first Budget
Chancellor John Healey said the government is 'committed to meeting our fiscal rules'

Panama Canal to limit shipping ahead of extreme weather during El Nino
The El Nino weather phenomenon is expected to increase the likelihood of drought and excess heat across the region.

Alibaba Profit Dives 75% as AI Spending Ratchets Up
Alibaba Group Holding Ltd.’s profit plunged more than 75% after the company increased quarterly capital spending to almost $10 billion to safeguard its position in the global AI arena. Bloomberg's Minmin Low reports. (Source: Bloomberg)

China, Indonesia Agree on Closer Defense Ties in High-Level Talks in Jakarta
China and Indonesia agreed to deepen their military, maritime and technology cooperation in high-level talks in Jakarta on Friday, underscoring Beijing’s growing regional reach at a time of renewed uncertainty over US security commitments in Asia.