Facebook Tweet Email Link Hong Kong  —  China’s famed Shaolin Temple announced on Sunday that its abbot is under investigation for suspected embezzlement and “improper relationships” with women, reviving decade-old allegations against the controversial, high-profile monk. Shi Yongxin, known as “CEO monk” for his entrepreneurial endeavors that transformed the Buddhist monastery into a commercial empire,

Bitcoin surged to $119,700 on July 2, 2025, marking a 1% increase over 24 hours and pushing the global cryptocurrency market cap closer to $4 trillion, according to CoinMarketCap[1]. The rally coincided with renewed U.S.-China tariff negotiations, which traders interpreted as a sign of potential trade tension easing. Reports suggested both nations may extend their

A high-level delegation of American executives will travel to China this week to meet senior Chinese officials in a trip organised by the U.S.-China Business Council (USCBC), two sources with knowledge of the visit told Reuters on Monday. The visit coincides with the latest round of U.S.‑China trade negotiations in Sweden, where China’s Vice Premier

Bitcoin surged to an intraday high of $119,700 over the weekend, driven by renewed optimism in U.S.-China trade relations as reports indicated a potential 90-day extension of their tariff truce. The cryptocurrency’s price rose nearly 1% in the past 24 hours, according to CoinMarketCap, with trading volumes spiking 17% to $56 billion. Bitcoin now trades

On July 15, journalists investigating consumer reports of substandard electrical cable products at an industrial park complex in the southern Chinese province of Hunan were attacked by the executive of a cable company during a reporting visit to the firm’s offices. In an altercation that was caught on video and took social media by storm,