Ethan Zhao

Ethan Zhao
Senior Reporter
Ethan Zhao is a features reporter at Business Times specializing in company, technology and in-depth. For news tips and feedback, please contact: ethanz@businesstimes.cn

The Latest

  • South Korea Seeks Arrest of Ex-First Lady Kim Keon Hee in Expanding Corruption Probe
    President Yoon Suk Yeol and first Lady Kim Keon Hee depart to Madrid, Spain for Nato Summit at Seoul Air Base
    South Korean prosecutors on Thursday filed a request for a detention warrant against former first lady Kim Keon Hee on charges including bribery, stock manipulation, and illegal political influence. The move escalates a series of special investigations targeting both Kim and her husband, ousted President Yoon Suk Yeol, who was impeached in April following a failed imposition of martial law.
  • Japan Marks 80 Years Since Hiroshima Bombing as Survivors Warn of Rising Nuclear Threats
    Japan Marks 80 Years Since Hiroshima Bombing as Survivors Warn of Rising Nuclear Threats
    Japan on Wednesday commemorated the 80th anniversary of the atomic bombing of Hiroshima, with thousands bowing their heads at 8:15 a.m., the exact time a U.S. bomber dropped the uranium bomb "Little Boy" on the city, killing approximately 78,000 people instantly and tens of thousands more in the following months. The ceremony, held at Hiroshima Peace Memorial Park, drew representatives from 120 countries, including nuclear powers such as the United States and Israel.
  • China Reports Over 7,700 Chikungunya Cases as Virus Spreads Across Guangdong Province
    China Reports Over 7,700 Chikungunya Cases as Virus Spreads Across Guangdong Province
    Health officials in China have reported over 7,700 confirmed cases of chikungunya virus across the southern province of Guangdong, with nearly 3,000 cases registered in the past week alone. The mosquito-borne illness, rarely seen in mainland China, is spreading rapidly, prompting public health responses that include fines, quarantines, and aerial mosquito control operations.
  • China Defies U.S. Pressure to Halt Russian, Iranian Oil Imports as Trump Threatens 100% Tariffs
    China Oil Imports
    China has rejected U.S. demands to cease oil imports from Russia and Iran, standing firm against threats of sweeping tariffs as trade negotiations between the world's two largest economies continue in Stockholm. The dispute highlights enduring geopolitical friction even as both sides express optimism about reaching a broader trade agreement.
  • Hong Kong Court Freezes $1.8 Billion HSBC Account in Wahaha Heir Dispute Over Offshore Trusts
    Wahaha Heiress Resigns Amid Leadership Turmoil
    A Hong Kong court has frozen a $1.8 billion HSBC account linked to Wahaha Group chairwoman Zong Fuli amid a high-profile inheritance dispute with her three half-siblings, who claim a breach of a family trust agreement involving the estate of the beverage empire's late founder, Zong Qinghou.
  • China’s Politburo Vows to Curb Deflation, Rein in Price Wars as Trump Tariff Deadline Looms
    China Plans To Ban Overseas IPOs For Tech Firms With Data Security Risks - Source
    China's top leadership pledged new measures to stabilize the economy in the second half of the year, including curbing excessive price competition and managing industrial overcapacity, as fresh uncertainty surrounds the country's trade relations with the United States. The commitments were outlined in a statement following the July meeting of the Politburo, the Communist Party's highest decision-making body for economic policy.
  • Flooding in Beijing Leaves at Least 38 Dead, Tens of Thousands Evacuated as Region Endures Rare Deluge
    Flooding in Beijing Leaves at Least 38 Dead, Tens of Thousands Evacuated as Region Endures Rare Deluge
    At least 38 people have died and over 80,000 residents have been displaced in the Beijing region following a historic rainfall event that dumped nearly a year's worth of precipitation in just a few days. The intense storms triggered widespread flooding, landslides, and infrastructure failures across northern China, particularly in the capital city and neighboring Hebei province.
  • CK Hutchison Seeks Chinese Investor as Beijing Scrutinizes $22.8 Billion Global Ports Deal
    CK Hutchison
    CK Hutchison Holdings is in talks to add a major Chinese strategic investor to a $22.8 billion ports divestment deal, following pressure from Beijing regulators and intensifying geopolitical tensions over port control along the Panama Canal. The Hong Kong-based conglomerate confirmed the negotiations on Monday, one day after the exclusive period with an existing U.S.-European consortium expired.
  • Thailand and Cambodia Agree to Immediate Ceasefire After Deadly Border Clashes
    Thailand-Cambodia Border Clashes Leave 12 Dead as Fighter Jets Escalate Conflict
    Thailand and Cambodia have agreed to an "immediate and unconditional" ceasefire following days of deadly border fighting, Malaysian Prime Minister Anwar Ibrahim announced Monday after hosting high-level talks in Putrajaya. The agreement came after intense negotiations between acting Thai Prime Minister Phumtham Wechayachai and Cambodian Prime Minister Hun Manet, which were attended by U.S. and Chinese officials.
  • Arizona Woman Sentenced to 8 Years for Aiding North Korean IT Espionage Scheme Targeting U.S. Firms
    North Korea
    An Arizona woman was sentenced Thursday to more than eight years in federal prison for orchestrating a sophisticated scheme that allowed North Korean operatives to pose as American IT workers and siphon millions of dollars from over 300 U.S. companies, including major Fortune 500 firms. The Department of Justice described the operation as one of the largest North Korean IT fraud schemes uncovered to date.
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