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After Blockbuster IPO, China's Memory Giant CXMT Plans Second Chip Plant In Beijing

CXMT, China's largest chipmaker by output and certainly by market value thanks to its blowout IPO pricing one week ago, which saw its stock surge more than 7x from its offering price of 8.66 yuan per share, is considering building a second memory-chip plant in Beijing ​and is in financing talks with a tech manufactu…

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Palestinian foreign minister: Israeli settler violence 'complementary pillar' of settlement expansion

Palestinian Minister for Foreign Affairs Varsen Aghabekian Shahin said on Monday that the violence of Israeli settlers and the expansion of settlements in the occupied West Bank, which has accelerated in recent years, are not separate phenomena but “two complementary pillars of Israel’s illegal colonial project” to …

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Republicans say they will back Blanche after US Justice Department order

Two United States Republican senators have said they will end their opposition to US President Donald Trump’s pick to lead the Department of Justice, acting Attorney General Todd Blanche, after Blanche scrapped a controversial “anti-weaponisation fund” that bipartisan critics say would use taxpayer dollars to reward…

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Canadian politicians call to immediately list Kataib Hezbollah as a terrorist entity

Canadian opposition leader Pierre Poilievre has called on the federal government to immediately designate Kataib Hezbollah as a terrorist entity on Sunday, urging authorities in an open letter to Minister of Public Safety Gary Anandasangaree to “immediately recommend that the government of Canada list Kataib Hezboll…

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Pax Silica needs more facts and less fiction

PUBLIC debates fail not because people disagree, but because they often operate from entirely different realities. Some argue from evidence, while others argue from myth. Some raise legitimate policy concerns, while others circulate fabricated narratives. When these become entangled, public discourse collapses into …

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The fifth SONA: Missed chance for recovery and reform

IN his fifth State of the Nation Address (SONA), President Ferdinand Marcos Jr. did not grapple with the nation’s crisis of governance with sufficient seriousness and urgency. As a result, he frittered away the SONA’s proven potential as a platform for national reform and renewal. He came away from the address witho…

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The hidden fees in electricity bills

THE call by President Marcos in his State of the Nation Address last week to remove the system loss charge from consumer electricity bills is still a hot topic of conversation, but I am already looking past that. Having developed what I believe will be the solution (see my column from Sunday, Aug. 2) that the powers…

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The numbers that matter

OUT of the total 6.352 trillion national budget, the World Bank estimated that 20 percent goes to corruption. However, based on anecdotal information that goes around the construction sector, corrupt kickbacks in the past years have gone as high as 25 percent to 50 percent. On the basis of 20 percent corruption, thi…

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High Court questions factual basis of petition against UNRWA restrictions

The High Court of Justice on Monday questioned whether a petition challenging legislation restricting UNRWA’s operations had established the factual basis needed for constitutional review, with all three judges repeatedly asking for evidence that the laws had caused concrete harm to an identifiable person.

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Smotrich demands revote on Gaza reconstruction plan that he backed

Finance Minister Bezalel Smotrich and National Missions Minister Orit Strock on Monday called on the government to hold a new vote on the recommendations of the government's Board of Peace (BoP), arguing that ministers approved the original decision based on incomplete and misleading information.

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