A giant golden clam shell, illuminated by lurid neon lights and filled with playing cards and red dice, once glowed nightly on the facade of Sihanoukville’s Jin Bei casino. Today, the casino’s gaudy signage is covered by sheets, and its doorway blocked by a Chinese sign that reads “under renovation”. The casino in the Cambodian resort city was once emblazoned with the name Jin Bei, a company US prosecutors have accused of running scam compounds on behalf Prince Group, which an October indictment alleged was one of Asia’s largest transnational…
Category: Media Library
Nvidia restarts manufacturing of AI chips for China
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Nvidia is making fresh preparations to start selling its AI chips in China after receiving “many” US government approvals and product orders from Chinese customers within the past two weeks. Chief executive Jensen Huang on Tuesday said Nvidia had restarted manufacturing H200 AI chips to sell to China after telling partners to pause production earlier this year due to uncertainty around regulatory approval. “We’ve been licensed for many…
The era of US dominance in economic warfare is over
America has long used sanctions to coerce adversaries, but Iran and China can wield powerful economic weapons tooFinancial Times
Philip Tinari on growing China’s museum audience: ‘It’s about bringing things in from the outside’
Philip Tinari is learning Cantonese. After 20 years in China, his Mandarin is, according to his CV, “near-native fluency”. But in early February, he moved to Hong Kong to take up the post of deputy director and head of art at Tai Kwun Culture and Arts Company Limited. “It’s useful to be able to understand what’s going on in meetings before they are called to order and everyone switches to English,” he says. Until this January, the slightly reserved, besuited American was the director of Beijing’s Ullens Centre for Contemporary…
China is not going to bail Trump out
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Financial Times
Trump seeks to delay meeting with Xi in China
“We have noted that the US side has publicly clarified these false reports by the media, stating that the relevant reports are completely wrong, and emphasised that the visit has nothing to do with the issue of the open navigation of the Strait of Hormuz,” Jian said. BBC
Who ate all the Chinese stock market returns?
Stay informed with free updates Simply sign up to the Emerging markets myFT Digest — delivered directly to your inbox. Long-term nominal GDP is the stuff earnings are made of. And emerging-market economies grow faster than developed ones. Put these two facts together and the case for long-term allocations to EM equities has looked compelling. But no matter how compelling, it hasn’t really worked for a long time. And it has singularly failed to work for investors in Chinese stocks over the past 25 years. While the biggest global economic…
Hundreds feared dead in strike on Kabul hospital
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hundreds of people are feared dead following an air strike on a hospital in Afghanistan that the Taliban government blamed on Pakistan, as conflict between the neighbours threatens to escalate into outright war. Hamdullah Fitrat, the Taliban’s deputy spokesperson, said in a post on X early on Tuesday that the Pakistani military “carried out an air strike” on the Omid Addiction Treatment Hospital in Kabul, a 2,000-bed facility dedicated to treating…
Australia raises interest rates in big week for global central banks
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia’s central bank has raised interest rates for the second time in as many months, pointing to the impact of the conflict in the Middle East on its inflation expectations. Five of the nine members of the Reserve Bank of Australia’s monetary policy board voted in favour of a 25 basis point rise in interest rates to 4.1 per cent, reacting to a sharp rise in fuel prices due to…
An around-the-world guide to second-hand shopping
Fashion Unknown Archive, London, UK Unknown Archive sells past collections from cult Japanese designers Yohji Yamamoto, Comme des Garçons and Issey Miyake . . . . . . along with clothes from the sibling labels those brands have created since they first appeared in the 1970s Address: 85 Brick Lane, London, E1 6QLWebsite Past collections by cult Japanese designers Yohji Yamamoto, Comme des Garçons and Issey Miyake, along with clothes from the myriad sibling labels those brands have created since they first appeared in the 1970s, attract devotees who won’t wear anything else. They see…