China has asked all parties involved in the current fighting between Iran and other forces to open the door for honest and meaningful talks that could bring peace. The statement came from a spokesperson for the Chinese foreign ministry, who said it is urgent to push for dialogue and use any chanc
China's foreign minister, Wang Yi, had a chat with his Afghan counterpart, Amir Khan Muttaqi, over the phone. He suggested that Afghanistan and Pakistan should sort out their issues by talking, not fighting. Wang advised both sides to stay calm and meet face-to-face soon to stop the fighting and tal
JPMorgan has tightened its lending rules for private credit groups, trimming the value of certain loans that these funds use as collateral. The bank’s move signals growing caution among traditional lenders toward the fast‑growing private credit market, especially when backing software companies that
China hit a 5 % growth target in 2025, but the headline numbers hide deeper worries. A housing slump and trade friction with the United States add to a problem that may be harder to solve: young people’s faith in their future. Many millennials and Gen Zers are trading down on everything—from fash
JPMorgan Chase has lowered the value of loans it holds as collateral, mainly those given to software companies, in its private‑credit financing arm. The change means that firms using these loans for “back‑leverage” will have less room to borrow and may need to lock up more assets. The bank’s move
China is turning its focus toward cutting‑edge science to stay ahead of the United States. The country’s leader has set a five‑year plan that pushes investment into fields such as artificial intelligence, quantum chips, new energy sources and next‑generation communications. These areas are see
China held back for hours after U. S. and Israel struck Iran, then voiced concern and urged a pause in fighting. The next day its foreign minister called the attacks “unacceptable” and pushed for more dialogue. China has a pattern of condemning force while staying out of direct action. It kee
China’s foreign minister said that the recent strikes by Israel and the United States on Iran should end immediately. He told his Israeli counterpart that using force rarely solves problems; it often creates new ones and leaves lasting damage. The real power of a military lies in keeping peace, not
JPMorgan’s chief executive, Jamie Dimon, cautioned investors that the current boom in asset prices and high borrowing could trigger a crisis similar to 2008. He warned that banks taking on risky loans and the excitement around artificial intelligence are signs of a fragile system. Dimon compar
JPMorgan has chosen Catherine O'Donnell to head its North America Leveraged Finance unit. She will move to New York and bring more than two decades of experience in complex debt deals. The bank says O'Donnell will run the team that finances large transactions across the continent. Her new role me
