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Posted on February 26, 2025

Indonesia, Apple agree on terms to lift iPhone 16 sales ban

The Indonesian government has agreed to terms with Apple to lift a ban on sales of the iPhone 16 model, ending months of negotiations between Jakarta and the tech giant.
Posted on February 26, 2025

China holds ‘shooting’ drills off Taiwan’s coast, vows ‘reunification’ push

China’s military held “shooting training” on Wednesday off Taiwan’s southwest coast in a move Taipei described as provocative and dangerous, while a senior Chinese leader vowed unswerving efforts to …
Posted on February 26, 2025

Taiwan says China set up ‘live-fire training’ zone off its coast without warning

China’s military has set up a zone for “live-fire training” about 46 miles (74 kilometers) off the southwestern coast of Taiwan without advance notice, the island’s defense ministry said on Wednesday.
Posted on February 26, 2025

Exclusive-CICC to merge with Galaxy Securities to form China’s No.3 brokerage, say sources

By Julie Zhu (Reuters) -State-owned China International Capital Corp (CICC) is set to merge with its peer China Galaxy Securities, said five sources, in a deal that would create the country’s …
Posted on February 26, 2025

China to start re-capitalizing banks with $55 billion, Bloomberg News reports

China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg News reported …
Posted on February 26, 2025

China’s HongShan hires ex-Bain Capital dealmaker in new Japan push, sources say

China’s HongShan Capital Group (HSG) has hired Komi Kyu from Bain Capital to head a new local office in Japan, three sources with knowledge of the matter said.
Posted on February 26, 2025

China’s ‘Puppy Mountain’ goes viral

When Shanghai-based designer Guo Qingshan posted a vacation photo on Valentine’s Day and captioned it “Puppy Mountain,” it became a sensation in China and even created a tourist destination.
Posted on February 26, 2025

Taiwan detains China-linked cargo ship after undersea cable disconnected

Taiwan’s coast guard detained a China-linked cargo ship Tuesday after an undersea cable to the Penghu Islands in the Taiwan Strait was disconnected.
Posted on February 26, 2025

China, anxious about Trump and Putin, tells Russia it is a ‘true friend’

President Donald Trump’s rapprochement with Russia has some experts suggesting he might be trying to do a “reverse Nixon” and isolate Beijing by courting Moscow.
Posted on February 26, 2025

Hong Kong flags 10,000 civil service job cuts, AI push in bid to reverse huge deficit

Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, …

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