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Ex-head of Shaolin Temple gets 24 years jail for embezzlement, bribery
Ex-head of Shaolin Temple gets 24 years jail for embezzlement, bribery

BEIJING, China: Shi Yongxin, the former abbot of China's Shaolin Temple, was sentenced to 24 years in prison for crimes such as embezzlement...

Temu hit with massive EU fine over hazardous goods
Temu hit with massive EU fine over hazardous goods

LONDON, UK: Chinese online retailer Temu has been fined 200 million euros (US$232 million) by the European Union after regulators found...

Hong Kong becomes world’s largest offshore wealth center
Hong Kong becomes world’s largest offshore wealth center

ZURICH/HONG KONG: Hong Kong has surpassed Switzerland to become the world's largest center for cross-border wealth management, driven...

China promises full inquiry into mining disaster that killed 82
China promises full inquiry into mining disaster that killed 82

BEIJING, China:  An early investigation into China's worst mining disaster in more than 15 years has found hidden tunnels, missing...

AI memory chip boom lifts SK Hynix past $1 trillion
AI memory chip boom lifts SK Hynix past $1 trillion

SEOUL, South Korea: South Korean chipmaker SK Hynix crossed the US$1 trillion market value mark for the first time on May 27, joining...

Update: China's manufacturing PMI drops to 50 in May
Update: China's manufacturing PMI drops to 50 in May

BEIJING, May 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector stood at 50 in May 2026, down 0.3...

International

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Ex-head of Shaolin Temple gets 24 years jail for embezzlement, bribery
Ex-head of Shaolin Temple gets 24 years jail for embezzlement, bribery

BEIJING, China: Shi Yongxin, the former abbot of China's Shaolin Temple, was sentenced to 24 years in prison for crimes such as embezzlement...

Trump’s plan for $1.8 billion 'weaponization' fund blocked by judge
Trump’s plan for $1.8 billion 'weaponization' fund blocked by judge

WASHINGTON, D.C.: A U.S. judge on May 29 temporarily stopped President Donald Trump's administration from creating a nearly US$1.8...

Slavery-era laws repealed by French parliament
Slavery-era laws repealed by French parliament

PARIS, France: French lawmakers voted on May 28 to officially cancel old slavery-era laws that treated enslaved people as property...

US accuses Iran of attacking Kuwait, violating ceasefire
US accuses Iran of attacking Kuwait, violating ceasefire

DUBAI, U.A.E.: The U.S. military said on May 28 that Iran broke a fragile ceasefire after Kuwait reported being attacked following...

Rescuers find five people trapped in Laos cave, two still missing
Rescuers find five people trapped in Laos cave, two still missing

VIENTIANE, Laos: Five people who were trapped inside a cave in Laos for about a week were found alive on May 27. Rescue teams from...

Aide of attacker in Berlin Holocaust Memorial stabbing arrested
Aide of attacker in Berlin Holocaust Memorial stabbing arrested

BERLIN, Germany: A man suspected of helping a convicted attacker carry out a stabbing at Berlin's Holocaust Memorial was arrested in...

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