Pentagon debuts its new stealth bomber, the B-21 Raider

Pentagon debuts its new stealth bomber, the B-21 Raider

WASHINGTON (AP) — America’s newest nuclear stealth bomber is making its public debut after years of secret development and as part of the Pentagon’s answer to rising concerns over a future conflict with China. The B-21 Raider is the first new American bomber aircraft in more than 30 years. Almost every aspect of the program … Read more

South Korea GDP, Caixin Manufacturing PMI, Japan Consumer Confidence

South Korea GDP, Caixin Manufacturing PMI, Japan Consumer Confidence

Japanese yen strengthens after Powell commentary on smaller hikes Temasek’s $245 million FTX loss ’caused reputational damage’ to Singapore, says deputy prime minister Singapore’s Deputy Prime Minister Lawrence Wong said the state sovereign wealth fund’s investment loss of $275 million in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” to the city-state. … Read more

Jiang Zemin, who guided China’s economic rise, dies

Jiang Zemin, who guided China's economic rise, dies

BEIJING (AP) — Jiang Zemin, who led China out of isolation after the army crushed the Tiananmen Square pro-democracy protests in 1989 and supported economic reforms that led to a decade of explosive growth, died Wednesday. He was 96. Jiang, who was president for a decade until 2003 and led the ruling Communist Party for … Read more

China vows crackdown on ‘hostile forces’ as public tests Xi

China vows crackdown on 'hostile forces' as public tests Xi

BEIJING (AP) — China’s ruling Communist Party has vowed to “resolutely crack down on infiltration and sabotage activities by hostile forces,” following the largest street demonstrations in decades by citizens fed up with strict anti-virus restrictions. A massive show of force by the security services Wednesday sought to deter further protests. The statement from the … Read more

China’s factory activity at lowest reading since April; Asia markets mixed

China's factory activity at lowest reading since April;  Asia markets largely higher

Bitcoin briefly crosses $17,000 to highest levels since mid-November The price of bitcoin briefly surpassed $17,000 in Asia’s morning session for the first time since mid-November. Bitcoin pink 2.2% from the 24 hours previous, according to Corner Metrics and last traded at $16,863.07 per coin. Ether also rose, and was up 4.74% in the past … Read more

Chinese spaceship with 3 aboard docks with space station

Chinese spaceship with 3 aboard docks with space station

BEIJING (AP) — Three Chinese astronauts docked early Wednesday with their country’s space station, where they will overlap for several days with the three-member crew already onboard and expand the facility to its maximum size. Docking with the Tiangong station came at 5:42 am Wednesday, about 6 1/2 hours after the Shenzhou-15 spaceship blasted off … Read more

China’s factory activity at lowest reading since April; Asia markets largely higher

China's factory activity at lowest reading since April;  Asia markets largely higher

China’s factory activity misses expectations, contracts for a second straight month China’s official manufacturing Purchasing Managers’ Index for November came in at 48, below the 50-point mark that separates growth from contraction. That’s lower than the expectations of analysts polled by Reuters, who predicted a reading of 49. October’s PMI was 49.2. PMI readings are … Read more

China launches 3 astronauts to new space station

China launches 3 astronauts to new space station

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — Three astronauts lifted off to China’s nearly completed space station on Tuesday, marking the beginning of the country’s long-term presence in space. It’s a major achievement for China’s ambitious space program, which has … Read more

Students feel home, police on patrol as China curbs protests

Students feel home, police on patrol as China curbs protests

BEIJING (AP) — Chinese universities sent students home and police fanned out in Beijing and Shanghai to prevent more protests Tuesday after crowds angered by severe anti-virus restrictions called for leader Xi Jinping to resign in the biggest show of public dissent in decades. Authorities have eased some controls after demonstrations in at least eight … Read more

China’s security apparatus swings into action to smother Covid protests

China's security apparatus swings into action to smother Covid protests

CNN — China’s vast security apparatus has moved swiftly to smother mass protest that swept the country, with police patrolling streets, checking cell phones and even calling some demonstrators to warn them against a repeat. In major cities on Monday and Tuesday, police flooded the sites of protests that took place over the weekend, when … Read more