Breaking Brics
-
3 May
China’s Xiaomi begins run up for a $10 billion Hong Kong listing
Chinese manufacturer Xiaomi — one of the world’s largest smartphone companies — has started preparations for a $10 billion listing on the Hong Kong Stock Exchange.
-
26 Apr
Samsung makes record profit for fourth quarter running
South Korean electronics giant Samsung — the world’s biggest maker of memory chips, smartphones and TVs — has posted a net profit of $10.8 billion in the first three months of 2018, up 52% from the year before.
-
17 Apr
“There is no plan B” — What to expect from Brazil after landmark Lula trial
Former Brazilian President Luiz Inácio Lula da Silva – more commonly known as Lula – was imprisoned this month after being convicted of money laundering and corruption, yet he is still planning to stand in October’s election.
-
17 Apr
China’s economy began 2018 with a bang, beating the government’s official target
China’s economy grew 6.8% in the first quarter, above the government’s target of 6.5%, defying warnings that the country’s growth could slow in 2018.
-
16 Apr
Does India have the world’s fastest growing smartphone market?
India is home to one of the world’s largest and fastest growing smartphone markets, which is expected to increase further due to population rises and competitive prices.
-
13 Apr
Damage to Hong Kong-Zhuhai-Macau Bridge prompts safety fears, but China insists everything is fine
The Hong Kong-Zhuhai-Macau Bridge has yet to open to the public.
-
10 Apr
Life after PPK: What the resignation of Peru’s President means for the country
Last month Peru’s President Pedro Paulo Kuczynski — often referred to as PPK — tendered his resignation to the country’s Congress after 20 months in power.
-
6 Apr
Telegram Russia: Telecoms watchdog moves to block encrypted messaging app
Just days after messaging app Telegram told Russian regulators it is unable to hand over encryption keys to its users accounts, the country has moved to block the app.
-
4 Apr
Bike-sharing company Mobike has been bought for $2.7 billion by China’s Meituan-Dianping
Meituan-Dianpin — a Chinese review site similar to Yelp in the west — has acquired the country’s biggest bike-sharing company Mobike for a cool $2.7 billion.
-
3 Apr
India has backtracked on plans to combat fake news after mainstream media outcry
India’s Prime Minister Narendra Modi’s government has made a rapid u-turn on its proposed rules to crackdown on the online phenomenon of fake news in the country.
-
28 Mar
Hong Kong publisher — Most Kwai Chung — is up 880% on its stock market debut
The Most Kwai Chung share price has surged 880% on its first trading day in Hong Kong after the publisher attracted the most public subscriptions in the city’s history.
-
26 Mar
Uber is selling its south-east Asia business to rival Grab
Ride-hailing app Uber is getting out of South East Asia — selling its ride-share and food delivery businesses to regional rival Grab for a 27.5% stake.
-
12 Mar
China’s papers support scrapping of presidential term limits
Chinese media outlets have voiced their support of the country’s decision to scrap presidential term limits — giving President Xi Jinping an indefinite hold on power — and have suggested China’s future depends on Xi’s Communist Party.
-
12 Mar
What to expect from Chile’s newly elected billionaire President Sebastián Piñera
Billionaire Sebastián Piñera of the centre-right coalition Chile Vamos (Let’s go Chile) was inaugurated yesterday as Chilean President after winning 54.6% of the votes in the December elections.
-
2 Feb
Using cryptocurrency in India? Not anymore, says finance minister
India has announced it is banning the use of cryptocurrencies like bitcoin as a medium of payment.
-
30 Jan
The China-Taiwan government spat is now affecting Lunar New Year flights
If you were planning to fly from China to Taiwan for the Lunar New Year, you may have to revise your plans.
-
19 Dec
The World Bank has raised China’s 2017 growth forecast
The World Bank has bumped up its forecast for China’s economic growth next year to 6.8 percent, from 6.7 percent it projected in October.
-
15 Dec
India’s Supreme Court sets date for Aadhaar scheme criticisms appeal
The Indian Supreme Court has today set the date for a final hearing on petitions challenging the validity of the Aadhaar scheme.
-
21 Nov
China’s Tencent becomes the first Asian company to be worth over $500bn
Tencent has a lot to celebrate about right now.
-
14 Nov
These are the countries with the most supercomputers in the world
China has been crowned top of the supercomputers list, overtaking the US for the first time ever.
-
13 Nov
New Delhi’s pollution problem is so bad an airline cancelled flights to the city
This weekend, US airline United Airlines suspended its Newark-New Delhi flight as a result of pollution levels in the Indian capital.
-
4 Nov
“A smart city on steroids” — what will it be like to live in Saudi Arabia’s $500bn digital oasis, Neom?
Neom, a fairy-tale city in the sand “that heralds the future of civilization”, for now exists only in the mind of Saudi Arabia’s crown prince, Mohammed bin Salman.
-
30 Oct
Putin has unveiled a Wall of Sorrow in Moscow — an unironic monument to victims of political repression
Russia has unveiled a monument to victims of political repression during the Soviet era, its first ever national memorial to those imprisoned and executed under the regime.