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☆ Razor-thin solar panels could be ‘ink-jetted’ onto your backpack or phone for cheap clean energy
▼ + stars: | 2024-08-09 | by ( Kara Fox | ) edition.cnn.com time to read: +5 min

Today’s solar panels that use silicon cells, by comparison, typically covert up to 22% of sunlight into power. Another important factor fueling solar’s rise is its growing efficiency in converting the sun’s energy. But Wang noted that the research group is not advocating for the end of solar farms. “I wouldn’t say we want to eliminate solar farms because obviously we need lots of areas or surfaces to generate sufficient amount of solar energy,” he told CNN. Some coatings in lab settings have dissolved or broken down over short periods of time, so are regarded as less durable than today’s solar panels.

Persons: aren’t, Junke Wang, Martin Small, Wood Mackenzie, Wang, ”, Henry Snaith, Snaith Organizations: CNN, Oxford, Oxford University's Physics, Oxford University Physics Locations: Germany

☆ Tech stock sell-off: What investors need to know
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech stock sell-off: What investors need to knowRay Wang, Constellation Research principal analyst, joins 'Squawk Box' to discuss the state of the tech sector, what to make of the tech stock sell-off, and more.

Persons: Ray Wang Organizations: Tech, Constellation Research

☆ Taiwan under pressure to bolster its defense as Trump-Harris presidential race stokes policy concerns
▼ + stars: | 2024-08-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +6 min

Taiwan President Lai Ching-te claps while he visits a military camp in Taoyuan, Taiwan May 23, 2024. While Biden has, on several occasions, stated the U.S. would come to Taiwan's defense, Trump has opted for "strategic ambiguity," Naggy added. According to analysts, she is expected to remain somewhat consistent with Biden's agenda and foreign policy. As vice president, Harris has expressed support for Taiwan and met with the island's new leader, Lai Ching-te, in 2022. However, she would come into office with significantly less foreign policy experience than President Biden.

Persons: Lai Ching, Ann Wang, Lin Chia, Donald Trump, Trump, Trump's, Joe Biden, Kamala Harris, Biden, Stephen Naggy, Naggy, Xi Jinping, Lu, Chung Weng, Muhammad Faizal, Richard Heydarian, Harris, Tina Fordham, CNBC's, Dewardric McNeal, McNeal, Lai, Ava Shen, Tsai Ing Organizations: Reuters, International Christian University, Sam Houston State University, Rajaratnam, of International Studies, Trump, CNBC, University of the, Fordham Global Foresight, Longview Global, Biden, Eurasia Group, Democratic Progressive Party Locations: Taiwan, Taoyuan, Reuters Taiwan, China, Taipei, Tokyo, Japan, U.S, Singapore, University of the Philippines, Beijing, Washington

☆ These stocks reporting this week have strong earnings momentum on their side
▼ + stars: | 2024-08-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Some of the companies reporting results in the upcoming week are more likely than others to see their stocks get an earnings-powered boost. Fifteen percent of the stocks in the S & P 500 — or 76 names in the index — are due to report results in the coming days, including big media companies and travel and restaurant stocks. Seventy-eight percent of S & P 500 companies that have reported so far have posted an earnings surprise to the upside, while 59% of those stocks have also beaten on revenue expectations. FactSet predicted a blended year-over-year earnings growth rate of 11.5% for the S & P 500, which would mark its highest since the fourth quarter of 2021. CNBC Pro screened FactSet for the S & P 500 companies reporting earnings this week that could receive a post a positive earnings surprise and therefore receive a price boost.

Persons: FactSet, Goldman Sachs, George Wang, —, Fred Imbert Organizations: CNBC, Uber Technologies, Uber, Mizuho, Micro Computer, Micro, Walgreens, Alliance, Barclays, Tesla, Fidelity National Information Services, Expeditors International of Washington

☆ Noah Lyles wins men’s 100m Olympic gold in photo finish, cashes in on his own hype
▼ + stars: | 2024-08-04 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +3 min

In a most epic final, certainly, among the deepest in Olympic history, Lyles won in a photo finish. His time of 9.784 seconds in the men’s 100-meter dash was his personal best and gave the United States its first gold in 20 years. Phase 1 of Lyles’ grand plan to win Olympic gold in the 100 and 200 is complete. He’s the best in the world at it and has been for this entire Olympic cycle. Lyles finished seventh in the 100-meter final at the 2021 U.S. Olympic trials, failing to qualify for the Tokyo Games in the discipline.

Persons: DENIS, France, Noah, ’, Lyles, Kishane Thompson, Justin Gatlin, Maurice Green, Carl Lewis, Thompson, Fred Kerley, Lewis, Michael Johnson, Wang Zhao, Louie Hinchliffe, Lance Brauman, Marlo, Cameron Spencer Organizations: Seville, United, Getty, Netflix, Tokyo Games Locations: Athens, Paris, Seville, Lyles, United States, American, Atlanta, AFP

☆ Will A.I. Kill Meaningless Jobs?
▼ + stars: | 2024-08-03 | by ( Emma Goldberg | ) www.nytimes.com time to read: +1 min

This is what it must have felt like to be a guest showing up for a party at Jay Gatsby’s house, Mr. Wang thought. He hopped from one software engineering role to another, toiling on some projects that he felt were meaningless. At Google, he worked for 15 months on an initiative that higher-ups decided to keep pursuing even though they knew it would never launch. He then spent more than a year at Facebook on a product whose primary customer at one point described it to the engineers as unhelpful. During the pandemic, tens of thousands of people joined the subreddit page r/antiwork to share quips about rejecting drudge work and, in most cases, all work.

Persons: Brad Wang, Jay Gatsby’s, Wang, drudge, ”, Herman Melville’s “, Scrivener, “ Organizations: Google, Facebook, “

NANTERRE, France — Léon Marchand won a fourth gold medal and set his fourth Olympic record of these games on Friday, taking the 200-meter individual medley to the delight of a delirious French crowd. Fans chanted, "Léon, Léon, Léon" as he stepped onto the medal podium before delivering a full-throated rendition of "La Marseillaise." French President Emmanuel Macron celebrates in the stands after Leon Marchand won gold Friday. Earlier in the evening, Australia’s Kaylee McKeown won gold in the 200 backstroke in Olympic-record time, edging American rival Regan Smith, who picked up her third silver medal. McKeown bested the previous Olympic record of American Missy Franklin, who had set the mark of 2:04.06 in London.

Persons: France — Léon Marchand, Michael Phelps, Marchand, Emmanuel Macron, Leon Marchand, Pascal Le Segretain, Duncan Scott of Great, Wang Shun, Carson Foster, Australia’s Kaylee McKeown, Regan Smith, McKeown, Smith, Missy Franklin, Leon Marchand of France, Adam Pretty, Australia’s Cameron McEvoy, Caeleb Dressel, Dressel, McEvoy, Florent Manaudou, Benjamin Proud of Organizations: Paris La, Arizona State, Duncan Scott of Great Britain Locations: NANTERRE, France, Beijing, Arizona, China, London, Benjamin Proud of Great Britain

☆ Léon Marchand wins gold in 200-meter IM, completes golden sweep in 4 individual Olympic events
▼ + stars: | 2024-08-02 | by ( Nicole Auerbach | ) www.nytimes.com time to read: +1 min

NANTERRE, France — Léon Marchand held up four fingers as the crowd roared one final time for its hero of the Paris Games, one for each of the Olympic gold medals he earned this week. The young Frenchman achieved what once seemed like an impossible dream: four Olympic gold medals in four individual Olympic events at his home Games. AdvertisementMarchand joined Michael Phelps and Mark Spitz as the only male swimmers to win four individual gold medals in the same Games. In Friday’s 200-meter individual medley final, Marchand touched the wall 1:54.06 to earn gold and complete his golden sweep, cementing a legacy in France. Then, the historic double-gold night of the 200-meter butterfly and the 200-meter breaststroke that was straight out of a Hollywood movie script.

Persons: France — Léon Marchand, Frenchman, Marchand, Michael Phelps, Mark Spitz, Great Britain’s Duncan Scott, China’s Shun Wang, King Léon, LEON MARCHAND Organizations: Paris Games, Games Locations: NANTERRE, France

☆ As Ryan Salame stares down years in prison for his role in FTX, he's spending his time doing what he loves: posting
▼ + stars: | 2024-08-02 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +12 min

Read previewIn May, Ryan Salame was sentenced to 7½ years in prison for his role in Sam Bankman-Fried's multi-billion-dollar cryptocurrency fraud. In May, US District Judge Lewis Kaplan — who also oversaw Bankman-Fried's trial — sentenced Salame to 7.5 years in prison, higher than what prosecutors recommended. AdvertisementSalame says without evidence that a key witness in Bankman-Fried's trial liedSalame pleaded guilty to charges against him in September, shortly before the start of Bankman-Fried's criminal trial in Manhattan. At the trial, Singh said he initially cared about the political donations, but later just did whatever Salame told him to. In social media posts, Salame said Singh wasn't being truthful about his role in the use of FTX customer funds.

Persons: —, Ryan Salame, Sam Bankman, Salame, Fried, SBF, Trump, Donald Trump, RyAN, Lewis Kaplan —, Kaplan, ANGELA WEISS, weren't, German Shepherd, Caroline Ellison, Gary Wang, Nashad Singh —, Wang, Singh, Ellison hasn't, Salame didn't, didn't, Nishad Singh, FTX, Ellison, Singh wasn't, Nishad, I've, Guy, hasn't, he's, Joe Biden, Bitcoin, Gary Gensler, Biden, Kamala Harris Organizations: Service, Business, Alameda Research, US Bureau of Prisons, US, Mega, FTX, Circle Trade, CPA, HK, Republican Party, Twitter, Alamada Research, Prosecutors, Getty, FTX's, Office, Southern, of, Bankman, Republican, Alameda, SEC, Trump Card Locations: Bankman, FTX, Alameda, Bahamas, America, Nashville, Manhattan, Washington ,, United States, German, of New York, York

☆ China securities official expected to lead Shenzhen stock exchange, Reuters reports
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: +2 min

A woman walks by the gate of the Shenzhen Stock Exchange on Aug. 20, 2020 in Shenzhen, Guangdong Province of China. VCG | Visual China Group | Getty ImagesChina is expected to appoint a senior securities official to head its second-largest bourse, four sources said, filling a role that has been vacant for the unusually long period of seven months as the securities regulator reshuffled its leadership. Li Jizun, a civil servant who is now director of the general office at the China Securities Regulatory Commission (CSRC), is set to become general manager of the 27-trillion-yuan ($3.73-trillion) Shenzhen Stock Exchange, the sources said. The CSRC and the Shenzhen exchange did not immediately respond to a faxed request for comment. Sha had worked at the securities regulator for more than two decades before taking over at the Shenzhen exchange in mid-2020, after her predecessor Wang Jianjun was promoted to the party chief role before returning to the regulator as a vice chairman.

Persons: Li Jizun, Li, Sha Yan, Sha, Wang Jianjun Organizations: Shenzhen Stock Exchange, Visual China, Getty, bourse, China Securities Regulatory Commission, State Council, Shanghai's Nasdaq, Communist Party Locations: Shenzhen, Guangdong Province of China, China, Beijing, U.S

☆ Fact check: Trump, who approved multiple prisoner exchanges, falsely claims he gave up ‘nothing’ to get Americans back
▼ + stars: | 2024-08-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +4 min

After President Joe Biden proved the claim wrong on Thursday by securing the release of Gershkovich and others in a multi-country prisoner exchange, Trump posted a series of skeptical questions on social media. Among other things, Trump wrote: “Are we releasing murderers, killers, or thugs? FactCheck.org debunked this Trump claim about his record on securing the release of American prisoners abroad when he previously made it in 2022. Trump acknowledged at the time that this was a prisoner exchange, telling reporters in 2019: “Yeah, we’re very happy to have our hostage back. And there was a one-on-one hostage swap.”Federal prosecutors also dropped charges against the Iranian scientist’s two co-defendants soon after the prisoner exchange.

Persons: Donald Trump, Evan Gershkovich, Joe Biden, Gershkovich, Trump, ’, Jake Sullivan, FactCheck.org, –, Xiyue Wang, Kevin King, Timothy Weeks, Michael White, Sandra Loli, Mikael Gidada, Turkey Trump, Recep Tayyip Erdogan, Andrew Brunson, Erdogan, Brunson Organizations: Washington CNN —, Wall Street, Biden White House, Trump, Republican, Princeton University, Navy Locations: Iran, Afghanistan, Yemen, Oman, Turkey, Israel, Turkish

☆ OPEC+ unlikely to increase oil production: S&P Global
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ unlikely to increase oil production: S&P GlobalHerman Wang, managing editor of OPEC and Middle East news at S&P Global, discusses the outlook for the upcoming OPEC+ meeting.

Persons: Herman Wang Organizations: P, Middle, P Global

☆ China's Communist Party expels former CNPC chairman, state media says
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: +1 min

China's ruling Communist Party has expelled Wang Yilin, former chairman and party secretary of state-owned China National Petroleum Corp, for discipline violations, state media said on Wednesday. China's ruling Communist Party has expelled Wang Yilin, former chairman and party secretary of state-owned China National Petroleum Corp, for discipline violations, state media said on Wednesday. He also accepted travel arranged by private entrepreneurs on multiple occasions, the report said. Wang's case will be transferred to prosecutors for investigation in accordance with the law, state media said. CNPC said in a statement late on Wednesday that it "firmly supports" the decision, adding that the ruling shows the Party's "zero-tolerance" stance on corruption.

Persons: China's, Wang Yilin, Wang, CNPC Organizations: Communist Party, China National Petroleum Corp, Reuters

☆ Who was the Hamas chief killed in Tehran as the war in Gaza rages?
▼ + stars: | 2024-07-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

Hamas and Iranian state media said Wednesday that the 62-year-old had been killed in the Iranian capital Tehran. Hamas claimed Haniyeh was killed in an Israeli “strike” on his residence, while the Israeli military declined to comment when contacted by CNN. Haniyeh’s death strikes a significant blow to Hamas at a time when tensions are flaring across the Middle East over the devastating war in Gaza, and raises fraught questions about the future of negotiations between Israel and Hamas. Haniyeh was born in a refugee camp near Gaza City, and joined Hamas in the late 1980s during the First Intifada, or uprising. Iranian President Masoud Pezeshkian (right) meets Hamas political leader Ismail Haniyeh (left) at the president's office in Tehran, Iran, on July 30, 2024.

Persons: CNN — Ismail Haniyeh, Haniyeh, Masoud Pezeshkian, Ismail Haniyeh, ”, Sheikh Ahmed Yassin, Abdel Aziz Rantisi, Donald Trump, – Haniyeh, Israel, “, Bashar Taleb, Benjamin Netanyahu, Barak Ravid, Wang Kejian Organizations: CNN, Hamas, Ministry of Health, Getty, CNN Political, International Criminal Locations: Israel, Gaza, Hamas, Tehran, Israeli, East, Gaza City, Askalan, Ashkelon, Iran, United States, Washington, Jerusalem, Deir el, Qatar, Egypt, Rome

☆ Ilona Maher, Frederick Richard and other viral Olympians winning medals and hearts
▼ + stars: | 2024-07-31 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

Ilona MaherIlona Maher competes in rugby sevens on July 28 at the Paris Olympics. Frederick ‘Fred’ RichardFrederick Richard competes on the high bar during the men's artistic gymnastics team final on day three of the Paris Olympic Games. Jamie Squire/Getty ImagesTeam: USASport: Men’s gymnasticsIt’s a bird, it’s a plane, it’s — Stephen Nederoscik! And for good reason: He’s the only American gymnast who’s made the Olympic team as a single-event athlete. Kim YejiKim Yeji shoots during the Women's 10m Air Pistol Final on day two of the Paris Olympic Games.

Persons: CNN —, Simone Biles, Sha’Carri Richardson, Katie Ledecky, Ilona Maher Ilona Maher, Hugo Pfeiffer, she’d, Ilona Maher, she’s, Maher, didn’t, ”, Frederick ‘ Fred ’ Richard Frederick Richard, Jamie Squire, Fred Richard’s, Richard, he’s, Stephen Nederoscik Stephen Nedoroscik, it’s, Stephen Nederoscik, Clark Kent, Nederoscik, who’s, Team USA’s Clark Kent, sweated, Games ’, Tyler, Xi, Wang He, Tyler Downs, He’s, he’ll, Greg Duncan, Kim Yeji Kim Yeji, Charles McQuillan, Kim Yeji, Kim, Oh Ye, Jin, ” Kim, Henrik Christiansen, Henrik Christiansen’s, Christiansen, They’ve, flails, Will Christiansen, Daniella Ramirez, Andrew Kelly, It’s, Ramirez, LeBron James, Coco Gauff, James, Gauff, George Washington, Erik Shoji, Shoji, ” Tara Davis, Tara Davis, Woodhall, Davis, Hunter Woodhall Organizations: CNN, Summer, Paris Olympics, USA, Paris Games, Olympics, BMI, US women’s rugby, Paris Olympic, Getty, Team USA, Olympic Games, Team, Games, Apple, Eiffel, USA’s, Paris Olympic Games, South Korea, Associated Press, Reuters, Woodhall Locations: Paris, Xi An, China, Seine, He’s, Norway, Delaware, Rio, Pisa, “

☆ Why Chinese Propaganda Loves Foreign Travel Bloggers
▼ + stars: | 2024-07-31 | by ( Vivian Wang | ) www.nytimes.com time to read: +1 min

Spend some time browsing YouTube or Instagram and you might come across a growing new genre: China travel vlogs. The videos are even more popular on Chinese social media. YouTube and Instagram are banned in China, but Chinese users have found ways to reshare them to Chinese sites, to avid followings. The bloggers have been interviewed by Chinese state media and their experiences promoted with trending hashtags such as “Foreign tourists have become our internet spokespeople.”The emergence of these videos reflects the return of foreign travelers to China after the country isolated itself for three years during the Covid pandemic. Travel bloggers have leaped at the chance to see a country to which they previously had limited access.

Persons: marveling Organizations: YouTube Locations: China, Shanghai, British, Xinjiang

☆ What’s It Like Traveling to China These Days?
▼ + stars: | 2024-07-31 | by ( Vivian Wang | ) www.nytimes.com time to read: +1 min

By some measures, visiting China has never been easier. China has been making a huge push to attract foreign tourists in recent months. The goal is to signal that China is open for business — and fun! The government is especially keen to attract visitors as it tries to rev up growth. China also wants to show that it is still connected to the world, despite tensions with the West and the growing reach of its security apparatus at home.

Persons: — Organizations: West Locations: China, Beijing

☆ How to think like an Olympian and develop a winner’s brain
▼ + stars: | 2024-07-30 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +12 min

Not only do Olympic athletes tone their bodies into near perfection; they hone their minds as well. Researchers have studied Olympians for decades and found they share some common traits, habits and qualities that you too can use to develop a winner’s mindset. Greece's Giannis Antetokounmpo dunks the ball in the men's preliminary round during the Paris 2024 Olympic Games. Banish self-doubtThere is no room for doubt in the minds of Olympic athletes, according to Gould. Italy's Sofia Goggia takes part in the women's downhill third training session during the Beijing 2022 Winter Olympic Games.

Persons: CNN —, ”, Jeff Brown, Brown, Dan Gould, Gould, ” Gould, Greece's Giannis Antetokounmpo, Kelly McGonigal, “, McGonigal, you’ve, ” Simone Biles, ” Brown, we’re, Simone, ” Ahtziri Sandoval, Tom Weller, VOIGT, I’ve, Italy's Sofia Goggia, Fabrice Coffrini, it’s, Trinity Rodman, Alexandra Popp, Brad Smith, don’t, Spain's Maria Xiao, Wang Zhao, France's Léon Marchand, Manan Vatsyayana, I’m, they’re Organizations: CNN, Harvard Medical School, Boston Marathon, Institute for, Youth Sports, kinesiology, Michigan State University, US Olympic Committee, United States Tennis Association, Research, Getty, Team Mexico, Olympic, Italy's, ”, Paris, Paris Games Locations: England, Beijing, AFP, United States, Germany

☆ The methodology behind The Breakthrough polling project
▼ + stars: | 2024-07-30 | by ( Jennifer Agiesta | ) edition.cnn.com time to read: +3 min

CNN —The Breakthrough is a project from CNN, Georgetown University, the University of Michigan, SSRS and Verasight. Each week, 1,000 Americans are asked to share what they have seen, read or heard about major presidential candidates in their own words. Results from the two surveys are combined using SSRS’s Encipher Hybrid methodology for blending probability and non-probability samples. Respondents have also been asked the same question about Biden since the start of the project. To develop topics, topic words are manually identified and augmented with words and topics identified using a combination of Noiseless Latent Dirichlet Allocation (NLDA) and Guided Topic-Noise Model (GTM).

Persons: Joe Biden, Donald Trump, Kamala Harris, Robert F, Kennedy, Jr, Harris, Biden, Lisa Singh, Josh Pasek, Michael Traugott, Budak, RoBERTa pretrained, Jennifer Agiesta, Ariel Edwards, Levy, Edward Wu, Dana Elobaid, Le Bao, Yanchen Wang, Mohamed Ahmed, Akilah Evans, Hope Wilson, Cameron McPhee, Peter K, Enns, Gretchen Streett, Amelia Goranson, Jake Rothschild Organizations: CNN, Georgetown University, University of Michigan, Massive Data, Technical, Science Locations: Verasight

☆ Ismail Haniyeh: Hamas political leader killed in Iran, group says
▼ + stars: | 2024-07-30 | by ( Kareem El Damanhoury | Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —Hamas political leader Ismail Haniyeh has been killed in the Iranian capital Tehran, according to Iran’s Revolutionary Guards Corps and Hamas on Wednesday. The new Iranian president was sworn in on Tuesday and Hamas released pictures the same day of Haniyeh meeting Iranian officials in Tehran. Haniyeh would be the second Hamas senior leader to be killed since the beginning of Israel’s war in Gaza. As Hamas grew in power, Haniyeh rose through the ranks – being appointed part of a secret “collective leadership” in 2004. In April, Israeli airstrikes killed three of Haniyeh’s sons and four of his grandchildren, according to Hamas.

Persons: Ismail Haniyeh, ”, Musa Abu Marzouk, “, Israel, Hezbollah’s, Fu’ad Shukr, Haniyeh, Saleh Al Arouri, Arouri, Sheikh Ahmed Yassin, Abdel Aziz Rantisi, Barak Ravid, ” Ravid, –, Jimmy Carter, Sheikh Hamad bin Khalifa, Wang Kejian, Haniyeh –, Qatar – Organizations: CNN, Revolutionary Guards Corps, ”, Hamas Locations: Tehran, Israel, Gaza, Beirut, Iran, Lebanese, Gaza City, United States, Qatar, Thani

☆ Blinken chides Beijing's 'escalating actions' at sea, concerned over Taiwan
▼ + stars: | 2024-07-28 | by ( ) www.cnbc.com time to read: +3 min

U.S. Secretary of State Antony Blinken criticised Beijing's "escalating and unlawful actions" in the South China Sea at a summit on Saturday, while his Russian counterpart said Washington has stoked anxiety with its plan for a nuclear deterrence with ally Seoul for the Korean peninsula. Blinken singled out China over its coast guard's hostile actions against U.S. defense treaty ally the Philippines in the South China Sea. The Philippines' small troop presence on a grounded former U.S. navy ship at the Second Thomas Shoal has angered China for years. Blinken discussed Taiwan with Wang and concerns about Beijing's recent "provocative actions", included a simulated blockade during the inauguration of Taiwan President Lai Ching-te, a senior U.S. State Department official said. Wang told Blinken that although communications had been maintained between China and the United States, Washington had not stopped its containment and suppression of Beijing and had even intensified it.

Persons: Antony Blinken, Wang Yi, Beijing's, Blinken, Thomas Shoal, Wang, Lai Ching Organizations: China's, 57th Association of Southeast Asian Nations, Washington, Seoul, U.S, ASEAN Regional Forum, EU, Association of Southeast Asian Nations, ASEAN, Foreign, Taiwan, U.S . State Department Locations: Vientiane, South, China, Philippines, South China, Manila, Russia, India, Australia, Japan, Gaza, Ukraine, North, U.S, Laos, Beijing, Taiwan, United States, Washington

☆ US to announce military command revamp in Japan, official says
▼ + stars: | 2024-07-28 | by ( ) www.cnbc.com time to read: +2 min

A dealer works behind U.S., left, and Japanese national flags at a foreign exchange brokerage in Tokyo, Japan. The United States will unveil a major revamp of its military command structure in Japan and other measures to deepen defense ties with its Asian ally at high-level security talks in Tokyo on Sunday, a U.S. official said. Forces Japan as a Joint Force Headquarters, reporting to the commander of U.S. INDOPACOM," the U.S. official told a briefing ahead of the talks. The command will be headed by a three-star general, the official said, not the four-star rank that Japan had requested. Prompted by China's growing military might, Japan is stepping back from decades of postwar pacifism.

Persons: Antony Blinken, Defence Lloyd Austin, Yoko Kamikawa, Minoru Kihara, Kihara, Shin Won, Austin, Fumio Kishida, Joe Biden, Biden, Blinken, Wang Yi Organizations: U.S, Defence, Japanese, Austin, South Korean, Forces Japan, Joint Force Headquarters, U.S ., Defense Industrial Cooperation, Sustainment Locations: Tokyo, Japan, United States, Washington, China, North Korea, United, Asia, U.S, Ukraine, Blinken, Austin, Philippines, Laos

☆ China just expanded its efforts to boost consumption. Here are some stocks to watch
▼ + stars: | 2024-07-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

China has, in its own way, signaled it wants to support specific kinds of consumer purchases. Authorities on Thursday announced the equivalent of 300 billion yuan ($41.5 billion) in special bonds would go towards trade-ins and equipment upgrades — a significant expansion of an existing program. The 300 billion yuan ultra-long bond issuance is not a new government allocation, but rather a more detailed designation of a 1 trillion yuan ultra-long bond program announced earlier this year. "300 billion yuan is the largest equipment upgrade subsidy from the central government historically," the analysts said. Even the 300 billion yuan figure is split roughly between consumer-related trade-ins with business-side equipment upgrades.

Persons: Ding, Morgan Stanley, Tao Wang, Darius Tang, Corporates, Fitch Bohua, Michael Bloom Organizations: China Asset Management Co, UBS Investment Bank Locations: China, Beijing, Asia

☆ Blinken meets China’s top diplomat in Laos as global giants keep communication lines open
▼ + stars: | 2024-07-27 | by ( Nectar Gan | Kylie Atwood | ) edition.cnn.com time to read: +6 min

Russia’s invasion of Ukraine, as well as China’s increasingly assertive moves in the South China Sea and threats toward Taiwan, have in recent years soured the Washington-Beijing relationship. In contrast, both Putin and Russia’s top diplomat Sergei Lavrov have been greeted in Beijing multiple times since the invasion. against a backdrop of increasingly violent clashes between Manila and Beijing in the South China Sea. “We are pleased to take note of the successful resupply today of the Second Thomas Shoal, which is the product of an agreement reached between the Philippines and China,” Blinken said. His running mate JD Vance has advocated halting military aid to Ukraine in favor of focusing on Taiwan’s defense.

Persons: Antony Blinken, Blinken, Wang Yi, Joe Biden’s, China’s, Xi Jinping’s, Russia’s Vladimir Putin, Wang, Dmytro Kuleba, Beijing “, ”, Putin, Sergei Lavrov, Kuleba, Lavrov, Russia …, “, ” Lavrov, Ferdinand Marcos Jnr, Beijing’s, Shoal, Thomas, ” Blinken, Biden, Donald Trump, JD Vance, Kamala Harris Organizations: Hong Kong CNN, United, Foreign, ASEAN, Laos –, North American Aerospace Defense Command, NATO, Ukraine, European Union, Ukrainian Foreign, South China, Republican, Democratic Locations: Hong Kong, China, Laos, Asia, Vietnam, Japan, Philippines, Singapore, Mongolia, Ukraine, South, Taiwan, Washington, Beijing, Alaska, Russia, Moscow, Russia’s, Southeast Asia, South Korea, Manila, South China

☆ China says relations with Japan at 'critical stage'
▼ + stars: | 2024-07-27 | by ( ) www.cnbc.com time to read: +2 min

Relations between China and Japan are at a critical stage, Chinese Foreign Minister Wang Yi told his Japanese counterpart on Friday as the pair discussed thorny issues including Japanese nationals detained in China, food import bans and semiconductor curbs. "China-Japan relations are currently at a critical point: advance or be left behind," Wang told Kamikawa, according to a readout of the talks issued by the Chinese foreign ministry. It is hoped that the Japanese side will establish an objective and correct perception of China and pursue a positive and rational policy towards China." In their first one-to-one talks in eight months, Kamikawa strongly urged the lifting of import restrictions Beijing imposed on Japan food products in the wake of the Fukushima water release. She also called for the early release of Japan detainees in China.

Persons: Wang Yi, Wang, Japan's Yoko Kamikawa, Kamikawa Organizations: Southeast, ASEAN, Saturday's East Asia Summit, ASEAN Regional Forum, Japan, Astellas Pharma Locations: China, Japan, Laos, Saturday's, Beijing, Tokyo

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