Labour MPs are alarmed by significant donations to Reform UK from cryptocurrency billionaires Christopher Harborne and Ben Delo, totaling £7m. Concerns are raised about transparency and the potential for wealthy overseas donors to influence politics, despite new electoral finance regulations.
Taiwan People's Party Chairman Ko-Wen Yeh's new book, "Moving Forward Towards the Light," has sparked outrage among former New Power Party (NPP) members who accuse him of distorting the truth of the 2018 protests and elevating himself. Critics point to his account of the 2018 Legislative Yuan protest, where he claims to have been resting and found his colleagues gone, while his wife, Hung Tzu-yung, had recently suffered a miscarriage. Yeh's subsequent Facebook post commemorating the 37th anniversary of the Tiananmen Square Massacre was met with backlash, with netizens accusing him of hypocrisy and distorting past events.
An OECD report reveals China provided approximately $108 billion in public funding to its companies in 15 key industrial sectors in 2024. This support, significantly higher than in OECD member countries and other emerging economies, is attributed to China's dominant global market share in sectors like solar panels, shipbuilding, and steel, leading to overcapacity and price depression.
A new OECD report reveals Chinese companies received 3-8 times more state subsidies than Western firms between 2005-2024. The report warns of market distortions and excess capacity, as the EU investigates unfair trade practices.
Iran's Embassy in India rejected US Secretary of State Marco Rubio's accusations, blaming US sanctions for global energy market disruptions and calling Rubio's remarks an attempt to distort regional realities.
Taiwan's Taiex and South Korea's Kospi stock markets have been seeing record breaking rallies. The stunning surge leaves experts wondering if this growth hinges largely on a few AI-linked semiconductor giants.
