ASIA

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President Xi Jinping met with prominent private business leaders, including Alibaba's Jack Ma, on Monday, according to state media. The meeting comes after Xi Jinping has emphasized the importance of state-owned enterprises and cautioned against the "disorderly" expansion of the private sector during his time in office.

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India is set to experience the eccentric genius of Salvador Dalí like never before. For the first time, more than 200 of the Spanish surrealist's original sketches, etchings, and watercolors are being exhibited in New Delhi, offering Indian audiences a glimpse into Dalí's dreamlike, mind-bending world.

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On Friday, Alibaba's stock experienced a significant surge, climbing over six percent, fueled by speculation that President Xi Jinping was planning a meeting with Jack Ma, the company's co-founder. This positive news compounded Alibaba's already impressive performance in 2025, with the stock already up over 40 percent. The rally was further bolstered on Thursday when Alibaba's chairman announced the company's intention to provide AI technology for Apple's iPhones in China, adding another 6.3 percent to its share price.

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In a move reflecting growing inflationary pressures, Japan's central bank has raised borrowing costs to their highest point in 17 years, setting its short-term policy rate to "around 0.5 percent". The decision followed data showing consumer prices in Japan climbed at their fastest rate in 16 months.