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UFC Vegas 113’s Mario Bautista declines UFC Macau main event against Song Yadong – ‘Sit on that loss’

UFC Vegas 113’s Mario Bautista declines UFC Macau main event against Song Yadong – ‘Sit on that loss’

China? Hard pass. Mario Bautista scored a big win at UFC Vegas 113 last night (Sat., Feb. 7, 2026), submitting surging Brazilian prospect Vinicius Oliveira in the second round to earn his first-ever UFC main event victory inside the UFC Apex in Las Vegas, Nevada (watch highlights). With the spotlight on him, Bautista already had […]
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Luckin Coffee Opens First High-End Store in China, Challenging Starbucks' Premium Market

Luckin Coffee Opens First High-End Store in China, Challenging Starbucks' Premium Market

Luckin Coffee Opens First High-End Store in China, Challenging Starbucks' Premium Market
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Iron Ore Prices Decline Amid Commodities Sell-Off and Supply Concerns

Iron Ore Prices Decline Amid Commodities Sell-Off and Supply Concerns

Iron Ore Prices Decline Amid Commodities Sell-Off and Supply Concerns
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Rio Tinto and Glencore Merger Talks Collapse Over Valuation Disagreements

Rio Tinto and Glencore Merger Talks Collapse Over Valuation Disagreements

Rio Tinto and Glencore Merger Talks Collapse Over Valuation Disagreements
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China's Ambition to Replace the Dollar with Yuan Faces Major Hurdles

China's Ambition to Replace the Dollar with Yuan Faces Major Hurdles

Chinese President Xi Jinping has expressed a desire to replace the U.S. dollar with the Chinese renminbi (yuan) as the world's leading global reserve currency. This ambition comes amid a backdrop of the dollar's value slipping to a four-year low and gold reaching an all-time high, influenced by various geopolitical and economic factors, including President Trump's tariffs and threats to Federal Reserve independence. Despite China's economic and military strength, the yuan currently accounts for only 2% of global reserves, compared to the dollar's 57%. China is attempting to expand its financial network, CIPS, to rival the Western-led SWIFT system, but CIPS still heavily relies on SWIFT for transactions. Efforts to promote the yuan within the BRICS nations have also faced challenges, particularly after President Trump threatened tariffs on countries adopting a BRICS currency.
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Indonesia Police Watch Urged to Evaluate PT ARA Nickel Licensing Objectively

Indonesia Police Watch Urged to Evaluate PT ARA Nickel Licensing Objectively

Ferdy Hasiman, Executive Director of Indonesia Mining & Energy Watch, has called on the Indonesia Police Watch (IPW) to objectively assess legal cases involving PT Alam Raya Abadi (ARA), a nickel mining company in North Maluku. Allegations of mafia practices and trade influence have been raised, but Ferdy emphasizes the need for comprehensive verification. He highlights the track record of former President Director Liu Xun, who has faced serious corporate governance issues and legal cases in China. Ferdy notes that nickel licensing is strict, with regulations requiring clear ownership, tax compliance, and environmental documentation. He warns against negative framing that could disrupt investment in the nickel sector.
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Hong Kong Media Mogul Jimmy Lai Faces Sentencing Amid Crackdown on Press Freedoms

Hong Kong Media Mogul Jimmy Lai Faces Sentencing Amid Crackdown on Press Freedoms

Jimmy Lai, a former media mogul in Hong Kong, is awaiting sentencing after being convicted of conspiring to commit sedition and colluding with foreign forces. Lai, a vocal critic of China's Communist Party, has become a symbol of the crackdown on press freedoms that began in 2020. His trial is seen as a landmark case in the ongoing tension between Hong Kong's pro-democracy advocates and the Chinese government. Lai, who founded the Apple Daily newspaper, has been in custody since December 2020. His conviction is part of a broader effort by the Hong Kong government to enforce a national security law imposed by Beijing in 2020, which has been criticized for stifling dissent and limiting freedoms in the region.
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Brazil's Inpasa ramps up exports of dried distillers grains to China

Brazil's Inpasa ramps up exports of dried distillers grains to China

By Oliver Griffin SAO PAULO, Feb 6 (Reuters) - Brazilian corn ethanol producer Inpasa will quickly ramp up exports of dried distillers grains with solubles (DDGS) to China this year, Gustavo Mariano Oliveira, the company's vice president of trading, said on Friday.
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Commodity Markets Brace for Volatility Amid Geopolitical Tensions and Economic Shifts

Commodity Markets Brace for Volatility Amid Geopolitical Tensions and Economic Shifts

Commodity Markets Brace for Volatility Amid Geopolitical Tensions and Economic Shifts
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Eileen Gu Overcomes Fall to Secure Strong Position in Olympic Slopestyle Qualifying

Eileen Gu Overcomes Fall to Secure Strong Position in Olympic Slopestyle Qualifying

Eileen Gu Overcomes Fall to Secure Strong Position in Olympic Slopestyle Qualifying
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President Trump Calls for New Nuclear Pact with Russia Following Treaty Expiration

President Trump Calls for New Nuclear Pact with Russia Following Treaty Expiration

President Trump has announced his intention to negotiate a new strategic-arms treaty with Russia after the expiration of the previous major nuclear agreement. This announcement comes amid a backdrop of warming relations between the U.S. and Russia, as evidenced by the recent agreement to reestablish high-level military dialogue. The previous treaty, which was a cornerstone of nuclear arms control, lapsed without a replacement, raising concerns about the future of nuclear arms regulation. President Trump has not yet detailed how he plans to address the nuclear capabilities of Russia, China, and the U.S. in the proposed new treaty.
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Indonesia Police Watch Urged to Objectively Evaluate PT ARA Nickel Licensing Case

Indonesia Police Watch Urged to Objectively Evaluate PT ARA Nickel Licensing Case

The Executive Director of Indonesia Mining & Energy Watch, Ferdy Hasiman, has called on the Indonesia Police Watch (IPW) to maintain objectivity in evaluating legal cases involving PT Alam Raya Abadi (ARA), a nickel mining company based in Halmahera Timur, North Maluku. Ferdy emphasized that allegations of mafia practices and influence trading by IPW lack comprehensive verification. He noted that PT ARA's board of directors underwent changes approved by the Ministry of Law and Human Rights. Ferdy also highlighted the problematic track record of former PT ARA President Director Liu Xun, who faced allegations of embezzling approximately $15 million, impacting the company's tax obligations. Additionally, Liu Xun was reportedly involved in 45 legal cases in China, including bank credit disputes and shareholding conflicts. Ferdy argued that the Directorate General of Minerba would not approve the company's work plan and budget (RKAB) if it were legally problematic, given the strict licensing regulations in plac...