Category: Semafor

Worried about “hot money” outflows, Chinese regulators are cracking down on illegal cross-border stock trading. The move — in which officials have targeted brokerages offering investors an easier and cheaper way to get capital out of China than through official channels — has already hit Chinese mainland companies listed on ...

China’s armed forces are fast building the country’s fourth aircraft carrier, which experts said showcased Beijing’s impressive industrial base. Details about the vessel are scarce, the Center for Strategic and International Studies said in a post about the secretive project, but progress has been steady. It is very likely to ...

Tim’s view The past few weeks have revealed more of the strengths and limitations of energy-centric warfare. The outcome of the latest peace talks between Washington and Tehran remains uncertain. Even though the US resumed strikes against Iran on Monday, US officials were optimistic that a “framework” to extend the ...

Ferrari unveiled the almost $600,000 Luce, its first ever EV, marking a major departure for the Maranello-based brand, which has long been known for making some of the world’s most powerful gasoline cars. It’s a decision that clashes with other giant carmakers, including rival Lamborghini, which, just a couple of ...

The Kremlin urged foreign diplomats to leave Kyiv, warning of a major forthcoming attack, with analysts arguing that Russia is losing momentum in its war on Ukraine. Moscow’s latest threat came after it launched a wave of strikes over the weekend, including with a hypersonic, nuclear-capable missile. Yet growing signs ...

Chinese leader Xi Jinping reportedly complained about Japan’s increased defense spending in an “intense diatribe” during his recent meeting with US President Donald Trump. Tensions have risen considerably between Beijing and Tokyo since Japan’s prime minister said her country could come to the defense of Taiwan — which Beijing claims ...

China’s EV exports surged 40% year-on-year in April, further cementing its global dominance of the industry. Europe became the second-biggest buyer of Chinese-made EVs, as April imports jumped by 36%, despite Brussels’ stated fear that such imports are hollowing out the continent’s manufacturing capabilities. Data from earlier this year showed ...

The News On May 15, the Instagram gossip hub The Shade Room shared a lengthy post to its 28 million followers on Instagram promoting California gubernatorial candidate Tom Steyer’s criticism of Paramount’s acquisition of Warner Bros. Discovery. “Roommates, with a Trump ally already controlling that much of what we watch, ...

The News Three things surprised Nick Fox about ChatGPT’s breakout success in November 2022: how slow it was, how inaccurate it was, and how consumers embraced it anyway. “It was surprising to see there was appetite there,” he said. I asked him if, in retrospect, Google should have released its ...

Swiss privacy and security company Proton and Constella Intelligence found more than 116,000 instances where employees at The New York Times, The Wall Street Journal, and The Washington Post had their data exposed to the dark web. Across all three organizations, the company behind Proton Mail found exposure to the ...