Asia remains the world’s primary growth engine, as the region’s share of global GDP continues to expand, according to a report released by the Boao Forum for Asia (BFA) on Tuesday. The Asian economy is expected to expand by 4.5 percent in 2026, with its share of global GDPContinue Reading
The foundations of Asian trade integration continue to strengthen, according to a report released by the Boao Forum for Asia on Tuesday. Intra-regional trade dependence edged up from 56.3 percent in 2023 to 57.2 percent in 2024, as major economies across the region increasingly orient their trade ties towardContinue Reading
The global epicenter of artificial intelligence (AI) development is progressively shifting from Europe and the United States toward Asia, according to a report released Tuesday by the Boao Forum for Asia. “Capitalizing on their substantial digital populations, diverse application ecosystems and coherent policy frameworks, Asian economies are rapidly evolvingContinue Reading
Just four months into his posting in Beijing, Alhaji Mohamed Sarjoh Bah, the African Union’s (AU) newly appointed Permanent Representative to China, already maintains a busy working schedule to deepen cooperation between China and Africa. This year marks the 70th anniversary of diplomatic relations between China and Africa andContinue Reading
The world is currently experiencing its most violent period since World War II as the escalation in the Middle East continues to have a devastating toll on civilians and livelihoods with global ripple effects, a UN official has said. “Our world is the most violent it has been sinceContinue Reading
Global energy markets are facing one of the most severe disruptions in decades, with the International Energy Agency (IEA) warning that the ongoing US-Israel-Iran conflict has already removed around 11 million barrels per day from global oil supply, an impact larger than past oil crises combined. IEA Executive DirectorContinue Reading
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 98 pips to 6.8943 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from theContinue Reading
The Kenya–China Business Forum was held in capital Nairobi on Monday, focused on enhancing trade and investment ties between the two nations. Under the theme “Zero Tariffs for Stronger Cooperation, Greater Trade, Investment, and Thriving Industries,” the forum highlighted the Early Harvest Agreement that grants duty‑free access for selectedContinue Reading
The Iranian Foreign Ministry on Monday denied having negotiations with the United States, the country’s official IRNA news agency reported, reversing U.S. President Donald Trump’s earlier claim that Washington had reached “major points of agreement” with Iran and is in contact with “a top person.” Friendly countries recently sentContinue Reading
The powerful sister of North Korean leader Kim Jong Un said Monday a summit between her brother and Japanese Prime Minister Sanae Takaichi won’t happen if Japan sticks to “its anachronistic” approach. Kim Yo Jong’s statement came after Takaichi told reporters last week that she had informed U.S. PresidentContinue Reading
