China

China’s People’s Liberation Army conducted large-scale live‑fire exercises around Taiwan, including a simulated maritime blockade, Taiwan’s defense ministry said, deploying about 130 aircraft and 22 ships.

Daniel P. Aldrich, François Heisbourg, Iikka Korhonen, Henry Jones, Menzie Chinn and 1 more

The Washington Post, Le Monde, Financial Times and 11 more

Global equities outside the United States outperformed U.S. stocks in 2025 as Chinese AI advances and trade-policy shifts prompted investor diversification.

Bradford Cornell, International Monetary Fund, Tomasz Mickiewicz, Daniel W. Drezner, Hakan Yilmazkuday and 4 more

Global silver plunged from record highs, dragging gold and other precious metals lower as investors took profits and unwound a rapid recent rally.

Meta bought Singapore-based, Chinese-founded AI startup Manus for more than $2 billion, acquiring a universal AI agent the company says rivals OpenAI.