- January 9th, 2025
China's factory activity likely expanded modestly for a second consecutive month in November, suggesting that the government’s recent stimulus measures are beginning to take effect. The anticipated uptick offers a glimmer of hope for producers in the world’s second-largest economy,...
Mitsubishi UFJ Financial Group Inc. (MUFG), Japan’s largest bank, is considering a bid to acquire WealthNavi Inc., a Tokyo-based robo-advisory firm, as part of its broader strategy to enhance its financial technology (fintech) capabilities and tap into the growing online...
The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...
Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...
The United States Navy’s Nimitz-class aircraft carrier, USS Abraham Lincoln (CVN 72), arrived at Port Klang, Malaysia, marking a historic moment in U.S.-Malaysia relations. This visit is the first by a U.S. aircraft carrier to the Southeast Asian nation in...
China is overhauling its fighter pilot training program, signaling a significant transformation in the approach of the People's Liberation Army Air Force (PLAAF). A recent report by Air University’s China Aerospace Studies Institute reveals sweeping changes that aim to modernize...
India has made a significant leap in its strategic defense capabilities with the successful test-launch of a K-4 submarine-launched ballistic missile (SLBM) from its second indigenously built nuclear-powered submarine, INS Arighat. This development signals the operationalization of India's sea leg...
Myanmar's Junta Chief Min Aung Hlaing Faces Potential ICC Arrest Warrant Over Rohingya Crackdown The International Criminal Court (ICC) could issue an arrest warrant for Myanmar’s junta chief, Min Aung Hlaing, over his alleged role in crimes against humanity during...
Indian lenders, including the State Bank of India (SBI), are re-evaluating their financial exposure to the Adani Group following allegations of bribery against the conglomerate’s Chairman, Gautam Adani, by U.S. authorities. This reassessment is seen as a cautious move to...
A senior Chinese military official, Admiral Miao Hua, has been removed from office for “serious violations of discipline,” the Chinese Ministry of Defence announced on Thursday. The announcement marks the latest high-profile case in Beijing's sweeping anti-corruption campaign within the...
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