Author: Resham

China Stocks Edge Higher as Chipmaker Rally Ends Losing Streak Chinese stocks rose slightly on Friday, snapping a three-day losing streak, as renewed optimism over domestic semiconductor firms lifted sentiment. However, major indexes remained on course for a modest weekly loss amid subdued investor confidence and a lack of fresh catalysts ahead of a key policy meeting. By the midday break, the Shanghai Composite Index had inched up 0.1% to 3,878.98 after spending most of the morning under pressure. The blue-chip CSI 300 Index also gained 0.1%, extending its weekly rise to 0.6%. Despite Friday’s mild rebound, the benchmark Shanghai…

U.S. Pauses China Sanctions to Safeguard Trade Truce The United States has suspended plans to impose sanctions on China’s Ministry of State Security over a sweeping cyberespionage campaign, choosing instead to preserve a fragile trade truce reached between the two nations earlier this year, according to a report by the Financial Times on Wednesday. Sanctions Frozen Amid Diplomatic Balancing Act Washington’s decision marks a significant shift in its approach toward Beijing’s alleged cyber activities. Chinese-linked hackers were previously accused of infiltrating U.S. and global telecommunications networks, as well as the computer systems of a U.S. state’s Army National Guard, in…

Global Memory Chip Shortage Hits AI and Consumer Tech Industries A severe global shortage of memory chips is reshaping the technology landscape, forcing artificial intelligence and consumer-electronics companies to battle for limited supplies. Prices for the crucial components that store data in everything from smartphones to AI servers have soared, sparking widespread concern across the sector. Supply Shortage Spreads Across Markets In Japan, electronics retailers are now limiting how many hard-disk drives customers can buy, while Chinese smartphone makers are warning of price hikes. Major tech firms, including Microsoft, Google and ByteDance, are racing to secure chip supplies from manufacturers…

Shanghai Cracks Down on “Doom-Mongering” Posts About Property Market China’s cyberspace regulator in Shanghai has deleted thousands of online posts accused of “doom-mongering” the country’s real estate sector and misrepresenting housing policies. The move comes as authorities intensify efforts to control online narratives amid a deep property downturn. Thousands of Posts and Accounts Targeted According to the Shanghai branch of the Cyberspace Administration of China (CAC), more than 40,000 posts have been removed since November 14 from platforms such as RedNote, a popular photo-sharing app, and video site Bilibili. The campaign was launched jointly by the CAC, the city’s housing…

China’s Damaged Shenzhou-20 Spacecraft to Return Uncrewed for Inspection China’s first crewed spacecraft ever declared unfit for flight mid-mission will return to Earth without astronauts so experts can assess the damage it sustained, state broadcaster CCTV reported on Monday. The Shenzhou-20 spacecraft was originally scheduled to bring its crew back to Earth on 5 November after a six-month stay aboard the Tiangong space station. However, the mission was abruptly delayed when astronauts discovered a crack in one of the return capsule’s windows just before departure — a first in the history of China’s human spaceflight programme. Emergency Measures and Crew…

China Establishes New Regulator to Boost Its Commercial Space Industry China’s rapidly expanding commercial space sector received a major boost on Saturday with the creation of a dedicated regulatory body. The move highlights the central government’s determination to manage and support the fast-growing industry while ensuring sustainable and high-quality progress. New Commercial Space Department Announced The China National Space Administration (CNSA) announced the formation of the Commercial Space Department, which will act as the main regulator for all commercial space activities in the country. This new body is expected to strengthen oversight, encourage innovation, and enhance coordination across China’s space…

Building a High-Quality Aerospace Ecosystem China’s National Space Administration (CNSA) has announced a new two-year action plan to promote the high-quality development and security of its commercial aerospace sector. The plan outlines the creation of a coordinated and secure commercial aerospace ecosystem by 2027, designed to boost innovation, expand industrial capacity, and strengthen governance. According to the CNSA, the initiative aims to ensure well-organised scientific and technological research, efficient use of resources, and stronger industrial management. By 2027, the country expects to achieve significant progress in innovation, capacity building, and resource coordination, marking a major step towards sustainable commercial aerospace…

TSMC Accuses Former Executive of Trade Secret Breach Taiwan prosecutors have launched an investigation into Wei-Jen Lo, a former senior executive at Taiwan Semiconductor Manufacturing Co. (TSMC), after the chipmaker accused him of leaking trade secrets to Intel. Lo, who joined Intel in October following his retirement from TSMC, is now under scrutiny for alleged violations of Taiwan’s National Security Act. TSMC, the world’s largest contract chipmaker and a key supplier to global technology leaders such as Nvidia, confirmed on Tuesday that it had filed a lawsuit against Lo in Taiwan’s Intellectual Property and Commercial Court. The company said there…

South Korea Launches Fourth Homegrown Nuri Rocket with Private Sector Participation South Korea successfully launched its fourth domestically developed space rocket, Nuri, early on Thursday, marking a key step in expanding private-sector involvement in the nation’s space industry. The Science Ministry confirmed that the rocket placed more than a dozen satellites into orbit, marking the first launch carried out in partnership with a private company. Private Sector Takes the Lead The latest Nuri launch represents a milestone in South Korea’s space ambitions. While the programme began in 2021 under government leadership, this mission saw local company Hanwha Aerospace take charge…

Italy Expands Antitrust Probe into Meta Over WhatsApp AI Tools Italy’s antitrust authority announced on Wednesday that it has widened its investigation into Meta Platforms over claims the company misused its dominant market position by deploying artificial intelligence tools within WhatsApp. Broader Investigation into AI Integration The regulator, known as AGCM, said it is examining whether the new WhatsApp Business Solution terms — introduced on 15 October — and the integration of Meta’s new AI features could limit competition. According to the authority, these updates may restrict market access, output or technical development in the emerging AI chatbot services sector.…