Lebanon’s social affairs minister backed calls for the disarmament of Hezbollah but cautioned that the process would take time before a “political settlement” could be reached, calling the group a “community” and not merely a militant organisation. Haneen Sayed told a discussion on Monday that disarming Hezbollah – an Iran-backed militant group – was a demand of her government and its people, and that it “must happen”. “Of course, we understand that implementation is not easy. It’s not instant coffee. It takes time, and it, of course, is going to…
Month: April 2026
Trump weighs Iran’s ‘red lines’ as Tehran’s top diplomat engages Russia’s Putin
Following high-level mediation efforts in Islamabad over the weekend, Iranian Foreign Minister Abbas Araghchi held face-to-face talks with Russian President Vladimir Putin in St Petersburg on Monday. The diplomatic surge comes as US President Donald Trump convened his senior national security team to evaluate a fresh Iranian peace proposal, delivered via Pakistan, aimed at ending the months-long Middle East crisis and reopening the Strait of Hormuz. The White House confirmed the proposal called for reopening the narrow Persian Gulf shipping lane in return for lifting the US blockade of Iranian…
EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc
The EU is experiencing a prolonged “China shock” as a flood of Chinese EVs into Europe helped push Beijing to a record surplus with the bloc. New data showed China’s trade surplus – where its exports to the EU exceeded imports from the bloc – was $83bn (£61bn) in the first three months of 2026. China sold goods worth about $148bn to the EU in the first quarter, but imported just $65bn from the bloc, according to analysis of 2026 customs data by Mercator Institute for China Studies (Merics). The…
Why tougher US visa rules for skilled foreign workers may end in exodus to Asia, Europe
Yoyo Yue has spent much of her life navigating the complex US immigration system. The 31-year-old Chinese content creator moved from China to a US boarding school, went to university, secured an H-1B visa and later a “green card” – a path long considered the “gold standard” for skilled foreign workers. Now, she said, that path felt far less certain. “The H-1B path today comes with significant uncertainty, not just around job stability, but also around long-term prospects,” Yue said. Advertisement US President Donald Trump has targeted skilled work visas…
Alibaba gets approval to spin off warehouse park as Reit in pivot for logistics assets
Alibaba Group Holding gained approval from the Hong Kong stock exchange to proceed with a proposed spin-off of a warehouse park in mainland China, two years after the tech giant withdrew the listing plan of its logistics arm Cainiao. The e-commerce giant said it could separate an infrastructure real estate investment trust (Reit) and list it on the Shenzhen Stock Exchange, with the underlying asset being the Jiaxing Park, a logistics and warehousing infrastructure hub in eastern China’s Zhejiang province, according to an exchange filing on Monday. The move marks…
China Will Require Meta to Unwind Acquisition of AI Start-Up Manus
The Chinese government said on Monday that it would require the unwinding of Meta’s acquisition of Manus, a Singapore-based artificial intelligence company with Chinese founders, in a move that could chill other Chinese entrepreneurs from seeking tie-ups with foreign partners. Chinese officials had said in January that they were investigating whether Meta’s acquisition of Manus in December violated the country’s rules on foreign investment. They were also assessing whether the deal violated China’s requirements that companies obtain approval for the export of certain technologies. The National Development and Reform Commission,…
2 months into the Iran war, who holds the upper hand?
Two months after US and Israeli strikes began, their war on Iran has settled into a costly stalemate. The fighting has paused under a fragile Pakistan-brokered ceasefire, but the Strait of Hormuz remains blocked, direct talks have collapsed and neither side shows signs of yielding. Last weekend, Washington’s envoys cancelled their planned trip to the Pakistani capital for further talks after Tehran declared it would not join negotiations until the US Navy ended its blockade of Iranian ports. Advertisement Analysts argue that both sides are now eyeing the exit, though…
Optical chipmaker’s profit soars 1,153% on AI demand, China’s tech self-reliance push
Chinese optical chipmaker Yuanjie Semiconductor Technology reported an elevenfold surge in first-quarter profits as domestic firms capitalise on soaring demand for computing power amid the artificial intelligence boom and the country’s tech self-sufficiency drive. Net profit in the three months ended March 31 jumped 1,153 per cent year on year to 179 million yuan (US$26.2 million), while revenue grew 321 per cent to 355 million yuan, the Shanghai-listed company said in a stock-exchange filing on Monday. Founded in 2013 and based in northwest China’s Shaanxi province, the company manufactures laser…
Chinese supercomputers help crack the mystery of Yellowstone’s volcanic plumbing: paper
Yellowstone is the world’s largest active volcanic system – its eruptions are hundreds of times more powerful than Vesuvius’ blast and its ash could blanket half the US. Yet, for decades, scientists could not agree on what drove its underground magma system. A new finding detailed by Chinese researchers could settle the dispute. They declared that Yellowstone’s magma channels were not blasted open by magma forcing its way upwards. Instead, tectonic forces tore the lithosphere apart first and only then did magma rise into the pre-cut pathways, the team said…
Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown
The long-standing rivalry between China’s two largest economic heavyweights – with each boasting a gross domestic product comparable to Group of Seven members Italy and Canada – reflects the regional dynamism and shifting economic gravity within the world’s second-biggest economy. Jiangsu has been threatening to end Guangdong’s uninterrupted reign as China’s largest provincial economy since the late 1980s, and the latest economic data reveals the gap between the two narrowed further in the first quarter of this year. Jiangsu, bordering Shanghai in eastern China, saw its GDP grow by 5.4…