Crude Oil

Oil Prices Rebound After Midweek Dip as Middle East Tensions and Supply Concerns Dominate Market Sentiment

Oil prices rebounded on Thursday following a significant retreat midweek, as traders recalibrated their positions amidst escalating tensions in the Middle East and mixed signals on global market fundamentals. Brent crude futures edged higher toward $76 per barrel, while West...
Asia Stock Markets

Asia Stock Markets: Tumble Amid U.S. Election Uncertainty, Rising Treasury Yields, and Market Volatility

Asian shares saw a decline on Thursday as investors reacted to a confluence of global factors including surging U.S. Treasury yields, political uncertainty surrounding the U.S. presidential election, and renewed fears about the global economic outlook. While positive earnings from...
South China Sea

ASEAN Bloc Aligns on a Unified Front Amidst China’s Growing Presence in South China Sea

The South China Sea disputes, long a source of regional tension, have entered a dangerous new phase, as China and the Philippines inch toward direct armed confrontation over a growing number of contested maritime features. These disputes, which have drawn...
US Dollar - Chinese Yuan

China’s Ascending Role in Global South: A Strategic Challenge to US Dollar and Global Hegemony

Over the past few decades, China has been steadily asserting itself as a key player in the "Global South," a term that has evolved from the Cold War-era Non-Aligned Movement, representing developing countries striving for autonomy from superpower influence. As...
xiaomi inc

Xiaomi’s Breakthrough in Chip Design Marks Historic Milestone for China’s Semiconductor Industry

Beijing-based smartphone maker Xiaomi Inc. has reportedly achieved a significant technological breakthrough with the successful "tapeout" of its first 3 nanometer (nm) system-on-chip (SoC) processor. According to Tang Jianguo, the chief economist at the Beijing Municipal Bureau of Economy and...
Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a concert before an informal dinner on the sidelines of the BRICS Summit in Kazan, Russia,

Xi Jinping and Narendra Modi Meet After Five-Year Hiatus: Paving the Way for Renewed Sino-Indian Relations

In a significant diplomatic development, Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held their first formal talks in five years on October 23, 2024. The meeting, which took place on the sidelines of the BRICS summit in...
USS Constitution

USS Constitution Celebrates 227 Years: America’s Oldest Warship Still Commands Awe and Respect in Naval Circles

The mighty USS Constitution, a vessel renowned as one of the most famous warships in American history, marked its 227th birthday on October 21, 2024. A symbol of the valor exhibited by the U.S. Navy in the nation's formative years,...
U.S. Department of Defense

U.S. Department of Defense Claims North Korean Troops Are Deployed to Russia, Sparking Global Concerns

The United States has "evidence" that North Korean troops have been deployed to Russia, U.S. Defense Secretary Lloyd Austin said on Wednesday, adding a new dimension to the ongoing geopolitical tensions stemming from the Russia-Ukraine war. Austin indicated that it...
UK Chinese CCTV Cameras

UK Government Makes Significant Progress in Removing Chinese-made Hikvision Cameras from Sensitive Sites

The UK Government has achieved substantial progress in its ongoing efforts to remove Chinese-made Hikvision surveillance cameras from sensitive sites, with more than 50% of the devices already replaced, according to a report by the UK Defense Journal. This development...
United States Department of State in Washington, U.S

U.S. Adds More Than Two Dozen Entities to Export Blacklist for Supporting Weapons Programs in Iran, Pakistan, and China’s Military Modernization

The United States has placed 26 foreign entities on its export blacklist, accusing them of supporting weapons and drone development programs in Iran and Pakistan and aiding China’s military modernization efforts. The move, announced by the Commerce Department, is part...
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