Headlines

China tech shares hint at economic green shoots

China’s gross domestic product (GDP) data is taking a backseat to strong tech company results that some reckon signal better days ahead for Xi Jinping’s mainly underperforming economy. China’s official data readouts these days can make for sobering reading. Though headline

US ban on Russian uranium could backfire

US President Joe Biden has now signed into law HR 1042, the Prohibiting Russian Uranium Imports Act, banning the import of uranium products from Russia The ban goes into effect 90 days after it was signed into law and prohibits any import of unirradiated low-enriched uranium

China to reboot markets with SOE home purchases

China is considering a nationwide scheme to reduce inventory in the property markets by urging local governments to purchase unsold homes from distressed property developers. The State Council is seeking feedback from several provinces and government entities on a proposal that

US auto industry scam: overpriced parts, repairs

The US auto industry overcharges consumers for motor vehicle parts, while pricing vehicles outside the range of most US households. That keeps profit margins high on new vehicles. Sales of new passenger cars and trucks are stagnant, but the industry compensates by selling

Dit, dah, dit: Russia’s army still uses Morse code

Modern warfare is awash with cutting-edge technology – from AI to drones to hypersonic missiles – yet one technology that is more than a century old is still proving its worth: Morse code. The staccato streams of tones that would be instantly recognizable to a railroad man from

China floats world’s first drone aircraft carrier

China has launched the world’s first dedicated drone carrier, signaling a potential dramatic shift in its naval power projection with cost-effective unmanned aerial operations in a potential war with the United States. This month, Naval News reported that China has built the