Elon Musk

Donald Trump Assigns Elon Musk and Vivek Ramaswamy to Overhaul Federal Bureaucracy: An Ambitious Aim to Cut Costs and Reshape Washington

Tesla’s Elon Musk and former presidential candidate Vivek Ramaswamy to lead effort to streamline the federal government, aiming to reduce agencies, cut jobs, and drive deep fiscal reform.  President-elect Donald Trump has tapped two prominent figures—Tesla CEO Elon Musk and...
electronic board showing Japan's Nikkei average and related indices at the Tokyo Stock Exchange in Tokyo

Asian Markets Tumble as China’s Weak Performance Drags Down Regional Shares, While U.S. Dollar and Bond Yields Rise Amid Shifting Economic Landscape

Asian markets struggled on Thursday as mounting concerns over China's sluggish economic performance rippled through the region, dragging down stock indices from Japan to South Korea. This downturn, influenced by China’s economic pressures and policy adjustments, was compounded by a...
Asian Stock

Asian Markets Slip as China Drags, U.S. Bond Yields Rise Amid Trump Victory and Fed Speculations

Asian markets struggled on Thursday as weak performance in China pulled regional shares lower, while U.S. bond yields rose alongside the dollar as investors closely watched shifting U.S. monetary policy and inflation forecasts following Donald Trump's return to the White...
Bitcoin

Bitcoin Surges Above $93,000 on Interest-Rate Cut Expectations and Trump’s Pro-Crypto Stance

Bitcoin briefly surged past the $93,000 mark on Thursday, sending shockwaves through the markets and rekindling optimism about the potential for new highs. The leap was driven by a mix of optimism around upcoming Federal Reserve interest-rate cuts and the...
Asian Financial Markets

Asian Markets React to Yen Weakness and Prospective U.S. Rate Cut Amid Global Market Volatility

Equities across Asia experienced sharp fluctuations on Thursday as investors weighed the impact of a depreciating yen and a probable U.S. interest rate cut expected next month. The uncertainty drove mixed outcomes in the Asian stock markets as investors assessed...
Iron ore

Copper Dips Below $9,000 Amid Strengthening Dollar and Policy Uncertainties

In a significant shift, copper prices dropped below $9,000 per ton on the London Metal Exchange (LME) for the first time in two months, extending a recent downward trend. The fall, which has seen copper decline approximately 7% since last...
Estonia Marks Reopening of Ämari Air Base, Enhancing NATO’s Baltic Air Defense

Estonia Marks Reopening of Ämari Air Base, Enhancing NATO’s Baltic Air Defense

NATO's defensive capabilities in the Baltic region, Estonia celebrated the reopening of the Ämari Air Base on November 8, 2024. After extensive renovations, the base is set to play a crucial role in supporting NATO’s Air Policing mission and fortifying...
South Korean Navy Reaches New Milestone with First Flight of Gray Eagle STOL Drone from ROKS Dokdo

South Korean Navy Reaches New Milestone with First Flight of Gray Eagle STOL Drone from ROKS Dokdo

The South Korean Navy successfully conducted the first flight of a Gray Eagle STOL (Short Take-Off and Landing) drone from a naval vessel, marking a significant milestone in drone technology deployment for maritime defense. The drone, developed by General Atomics...
S-300 Defence System Iran.

Israeli airstrikes Compromised by Iranian Defense Radar Lock: October Offensive Fails to Break Through

In a dramatic escalation of Middle Eastern tensions, Israel launched a series of airstrikes on October 25 and 26, targeting key Iranian military sites in response to an aggressive missile assault by Tehran earlier in the week. Iran’s strike involved...
China Sixth-Generation White Emperor Fighter

China Unveils Sixth-Generation “White Emperor” Fighter at Airshow China 2024

In a groundbreaking moment for aerospace and defense technology, China has introduced its new sixth-generation fighter model, the “White Emperor” (or “Baidi” in Chinese), at Airshow China 2024 in Zhuhai. Revealed on November 12, this sleek and futuristic aircraft represents...
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