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In unusual move, US to take cut of AI chips sold to China

Nvidia and Advanced Micro Devices are expected to pay the US 15% of the money they take in from selling artificial intelligence chips to China, as part of a highly unusual financial agreement with the Trump administration.The deal, which was described by three people familiar with the agreement who spoke anonymously, comes a month after […]

Report: China detains diplomat for questioning after trip abroad

Liu Jianchao, a senior Chinese diplomat widely seen as a potential future foreign minister, has been taken away by authorities for questioning, the Wall Street Journal reported on Sunday. Liu was taken away after returning to Beijing in late July from an overseas work trip, WSJ reported, citing people familiar with the matter. China’s State […]

‘Goal is to crush Putin’s customers, India, China and Brazil’: Lindsey Graham on Putin’s 50% tariff

Senator Lindsey Graham said Trump’s goal is to crush Russia’s customers, India, China and Brazil. Senator Lindsey Graham said every country buying Russian oil and keeping President Vladimir Putin’s war machine will have to pay a heavy price, like India. During an appearance on NBC’s Meet the Press, Graham said he played golf with President […]

China opens world’s first Robot Mall: lifelike robots on sale, AI-powered machines run shops and cafes | World News

China has unveiled the world’s first fully automated “Robot Mall,” where humanoid robots not only serve as products for sale but also operate the stores, cafes, and entertainment spaces within. Located in the bustling tech hub of Shenzhen, the mall offers visitors an immersive glimpse into the future of retail and hospitality. Shoppers can interact […]

Afghanistan FM’s Pakistan visit blocked: US allegedly rejects travel ban exemption; growing Taliban – China ties under scanner | World News

Afghanistan’s Foreign Minister Amir Khan Muttaqi (AP) The United States blocked Afghanistan’s foreign minister Amir Khan Muttaqi’s visit to Pakistan, Dawn reported. Muttaqi was scheduled to visit Pakistan on August 4 as part of recent efforts to improve ties between Kabul and Islamabad. The initiative followed Pakistani deputy PM and foreign minister Ishaq Dar’s earlier […]

Nvidia gets green light: US clears chip exports to China; company avoids billion dollars hit after CEO’s meeting with Trump

The United States Commerce Department has begun issuing licenses to Nvidia to export its H20 chips to China, a US official told Reuters on Friday, marking a major breakthrough for the AI giant’s access to one of its most important markets.The move follows Washington’s decision last month to reverse an April ban on sales of […]

Is Kim Jong-un Preparing a Successor?

Kim Jong-un, the leader of North Korea, might be preparing his young daughter, Kim Ju-ae, to become his successor. Choe Sang-Hun, the Seoul bureau chief for The New York Times, analyzed North Korean state propaganda to find out. Source link

‘It’s only been 8 hours’: Donald Trump threatens to impose ‘secondary sanctions’ on India; hints at possible ban on China

Hours after the US President slapped an additional 25 per cent on India, bringing the total to 50 percent, Donald Trump on Wednesday threatened to impose secondary sanctions. During a press interaction, US President Donald Trump was questioned about why India was being singled out for purchasing oil from Russia when many other countries do […]

Punishment to prize: China offers cash for having babies after decades of strict birth control, but young people aren’t interested | World News

China, once infamous for its rigid one-child policy and harsh penalties for violators, is now reversing course in a dramatic way by offering financial incentives to encourage childbirth. Facing a historic population decline and the lowest birth rate since the 1940s, the government is rolling out cash subsidies and tax breaks to boost family formation. […]

Baby bonus: China offers 10,800 yuan per child to boost birth rate; why ‘lie flat’ generation isn’t convinced

A woman and her partner in Beijing, Tuesday, Aug. 5, 2025. (AP) As China’s population approached 1 billion in the late 1970s, the then Chinese leader Deng Xiaoping introduced the one-child policy in 1979, and China even fined parents for having more children. Four decades later, the government has turned the policy upside down and […]