UK government revenue from Capital Gains Tax (CGT) has surged by nearly 80% to £24bn in the last tax year due to rule changes, impacting more individuals. Experts advise on strategies like utilizing ISAs, transferring assets between spouses, and pension contributions to mitigate CGT bills.
Taiwan's Ministry of National Defence reported detecting six Chinese naval vessels operating around the island on Wednesday morning. The ROC Armed Forces monitored the situation and responded accordingly, noting no Chinese military aircraft were detected during this period. This follows similar reports from Tuesday and highlights ongoing Chinese military operations near Taiwan.
Malaysian tourists are facing backlash in China for filming strangers and calling locals "smelly" and disrespectful. Videos posted on TikTok, though later deleted, went viral on Malaysian social media, sparking debate on travel etiquette and national image.
Kee Wah Bakery in Hong Kong suffered a ransomware attack on its internal network, potentially exposing employee, customer, and business partner data. The privacy watchdog is investigating the risk of a data leak, while the bakery engages cybersecurity experts.
Die Wirtschaftsbeziehungen zwischen China und der EU sind an einem kritischen Punkt. Debatten über offene Zusammenarbeit stehen Forderungen nach Derisking und Reduzierung der Abhängigkeit gegenüber. Trotz Handelsdefiziten für Deutschland erzielten europäische Firmen Gewinne, was den gegenseitigen Nutzen unterstreicht.
An unopened bottle from China's Warring States period (475–221 BC) has revealed the composition of an ancient alcoholic beverage. Made from broomcorn millet, wheat, and barley, the drink's recipe indicates sophisticated brewing techniques using a fermentation starter called qu.
Taiwan's recent HIMARS rocket launch westward towards the Taiwan Strait signals a strategic shift towards mobile strike weapons to counter a potential mainland Chinese attack before it reaches shore. The exercise, the first of its kind, highlights Taiwan's plans for employing these new weapons in a cross-strait conflict.
Foreign tourist spending in Korea exceeded 2 trillion won for the first time in May, with Chinese tourists driving a threefold increase in spending. Major commercial districts like Myeongdong and Seongsu-dong saw significant sales growth.
Pentagon's AI chief declared Elon Musk's Grok AI integral to US defense, comparing its data centers to munitions plants. The AI supports targeting and intelligence systems like Palantir's Maven Smart Systems, crucial for operations like 'Operation Epic Fury'. Concerns arise over environmental lawsuits impacting xAI's facilities.
Pentagon's AI chief declares Elon Musk's Grok AI data centers vital for US defense, comparing them to munitions plants. Grok is part of Palantir's Maven Smart Systems, used for targeting and military planning. This declaration supports the Trump administration's intervention in a lawsuit against xAI's Memphis data centers over environmental concerns.
Anthropic's recent suspension of AI models due to a US government directive underscores the risks of vendor lock-in. Companies are increasingly seeking downloadable, open-source models to maintain control over their intellectual property and avoid disruptions, especially as Chinese AI labs gain traction.
Alibaba's Qwen team unveiled the Qwen-Robot Suite, a three-model system for embodied AI: Qwen-RobotNav for mobility, Qwen-RobotManip for manipulation, and Qwen-RobotWorld for physics simulation. This suite aims to be the operating system for robotics, differentiating from competitors through its full-stack integration and open-source approach.
China held a forum in Berlin to promote imports from the EU, aiming to ease trade tensions and address its growing trade surplus. The event, attended by officials and executives, sought to showcase China's market potential amid rising regulatory hurdles and geopolitical shifts in Europe.
Experts criticize One Nation's health policies, ATO call centre workers face a 40% pay gap, and questions linger over a Kenyan woman's death in Sydney. Plus, updates on international relations, sports, and politics.
China has strongly condemned the UK's imposition of sanctions on four Chinese companies as part of anti-Russian restrictions. The Chinese Embassy in the UK stated that the sanctions lack international legal basis and harm Chinese companies' interests, demanding their immediate revocation.
BMW korrigiert seine Prognose für 2026 nach unten. Wegen des schwachen Chinageschäfts, des Nahostkonflikts und interner Maßnahmen erwartet der Konzern einen deutlichen Rückgang des Vorsteuerergebnisses und eine Ebit-Marge von 1-3%.
BMW senkt seine Jahresprognose deutlich aufgrund der Krise am chinesischen Automarkt und des Nahostkriegs. Die operative Gewinnmarge der Autosparte wird nur noch auf 1-3% geschätzt. Die Aktie fiel nachbörslich um über 5%.
Valve'ın Fremont kod adlı yeni Steam Machine konsolu, SteamOS işletim sistemiyle Geekbench testlerinde ortaya çıktı. AMD'nin Zen 4 mimarisine dayanan özel işlemcisiyle dikkat çeken cihaz, Steam Deck'ten iki kat daha güçlü performans sunuyor.
Das Pariser Kaufhaus BHV Marais trennt sich nach nur einem halben Jahr von Shein. Das neue Management bezeichnet die Zusammenarbeit als strategischen Fehler, da die Kundschaft ausblieb und Marken das Kaufhaus verließen. Shein wurde zudem kürzlich von Frankreich mit 22 Millionen Euro bestraft.
US President Donald Trump invoked the Defence Production Act to boost weapons stockpiles, amid concerns over strains from the Iran war and other conflicts. A related MOU aims to end the 109-day war impacting the Strait of Hormuz, energy prices, and inflation. China also expressed readiness to coordinate with Pakistan for peace and a ceasefire.
US President Donald Trump invoked the Defence Production Act to bolster weapons stockpiles, amid concerns over strains from the war in Iran and other conflicts. A related MOU aims to end a 109-day war impacting the Strait of Hormuz and energy prices.
BMW korrigiert seine Prognose für 2026 deutlich nach unten. Der Konzern erwartet nun einen "deutlichen" Rückgang des Vorsteuerergebnisses aufgrund von Belastungen aus China, dem Nahen Osten und Effizienzmaßnahmen. Die operative Gewinnmarge im Autosegment wird nur noch bei ein bis drei Prozent erwartet.
Max Mara marked its 75th anniversary with a Shanghai fashion show, blending Chinese aesthetic codes with its signature style. Designer Ian Griffiths aimed to create a metropolitan wardrobe for Chinese women, moving beyond Western-centric assumptions and embracing the 'guochao' trend.
La Societe des Grands Magasins (SGM), owner of BHV Marais in Paris, announced Tuesday the end of its cooperation with Shein. French media reports suggest the Shein store may close by Christmas, following a "strategic error" admission by SGM's outgoing CEO.
