Roads and neighbourhoods in Shanghai flooded on Friday as the Chinese megacity was battered by a second typhoon days after it was hit by its strongest storm in 75 years. ( read original story ...)
New Dawn For China’s Tech Billionaires?
( MENAFN - Asia Times) According to the latest Bloomberg Billionaires index , Pony Ma, co-founder of Tencent Holdings, is once again China's richest person, now with a net worth of more than A$65 ... ( read original story ...)
Central Bank Outlooks Lift Asian Stock Markets
Asian stock exchanges largely gained ground Friday, after the Bank of Japan abstained from a rate hike, and following overnight gains in peer stocks in US and European markets. Hong Kong and Tokyo ... ( read original story ...)
China unveils submarine detection tech with 12-mile underwater range
Groundbreaking detection technology can allegedly identify submarines at a distance of nearly 12 miles underwater, with the potential to extend this range to over 31 miles. ( read original story ...)
Elon Musk Tells Tesla Shanghai Team To Help ‘Anyone In Distress’ After Chinese Mega City Gets Hit By Most Powerful Typhoon In 75 Years
Elon Musk has directed Tesla's Shanghai team to assist those affected by Typhoon Bebinca, the most powerful storm to hit the city in 75 years, which caused widespread damage and evacuations. ( read original story ...)
‘Typhoon Pulasan’: Second typhoon hits Shanghai days after a historic storm
Shanghai was hit by major flooding on Friday as Typhoon Pulasan made landfall in the Fengxian district with wind speeds of 83 km/h. This came just after the city was recovering from Typhoon Bebinca. ( read original story ...)
Is life getting better for China’s tech billionaires?
Having navigated a government crackdown on billionaires, tech tycoon Pony Ma is once again the richest person in China. Could spring be coming for the country’s private sector? ( read original story ...)