PD4-AW-AQ – Prodrone

Japanese Drone Manufacturer Prodrone Set to Supply Ukraine with Advanced Mine Detection Drones, Growing Landmine Crisis

In the growing landmine crisis in Ukraine, Japanese drone manufacturer Prodrone is reportedly planning to supply specialized drones to help detect landmines scattered across the war-torn country. This endeavor, set to launch in fiscal 2025, underscores a broader international effort...
Britain's Foreign Secretary David Lammy and Chinese Vice Premier Ding Xuexiang shake hands before their meeting at the Great Hall of the People in Beijing, China October 18, 2024. REUTERS

Britain’s Foreign Secretary Calls Engagement with China ‘Pragmatic and Necessary’

Britain’s Foreign Minister David Lammy embarked on a critical diplomatic mission to China this week, marking the first official visit by a Cabinet minister since the Labour Party took office in July 2024. In a bid to reset bilateral relations,...
chinese stocks

Bank of America Strategist Sees More Upside for Chinese Equities Despite Volatility

Chinese equities have emerged as some of the world’s best performers this year, and according to Bank of America Corp.’s top options strategist, Lars Naeckter, there’s still room for growth. Naeckter, who previously predicted significant gains in the Chinese stock...
China Economic

U.S. to Counter China’s Industrial Overcapacity with Restrictive Tools: White House

The United States has signaled its intent to push back against China’s growing market dominance, which is fueled by excessive production in key sectors like electric vehicles (EVs), semiconductors, and batteries. Daleep Singh, Deputy National Security Adviser for International Economics,...
New Zealand dollar

New Zealand Dollar Falls to Lowest Rate-Cut Bets and China Concerns

New Zealand’s currency, the kiwi, slumped to its weakest level since August, driven by a combination of rising expectations for larger interest rate cuts and growing concerns over China’s economic outlook. The kiwi fell as much as 0.7% to 60.4...
North Korean leader Kim Jong Un

Kim Jong Un Warns Troops to Treat South Korea as Hostile Enemy, Escalating Tensions on Korean Peninsula

North Korean leader Kim Jong Un issued a stern warning to his troops, reminding them to regard South Korea as a "hostile foreign enemy" and signaling a willingness to use military force if the South infringes upon North Korea's sovereignty....
Asian Stock

Asian Markets Mixed; Dollar Nears 11-Week High Amid Strong U.S. Economic Data and Market Sentiment

The U.S. dollar hovered close to an 11-week high against major currencies on Friday, buoyed by robust economic data from the U.S. and growing speculation over a potential election victory for former president Donald Trump. While Asian stock markets reflected...
China Economic

China’s Economic Growth Slows to 4.6% in Q3 Amid Persistent Challenges

China's economy expanded at a slower-than-expected rate of 4.6% in the third quarter of 2024, according to data released by the National Bureau of Statistics on Friday. The latest figures signal a continued deceleration in the world’s second-largest economy, which...
Taiwan Semiconductor Manufacturing Co. (TSMC)

TSMC Shares Reach Record High on AI Surge, Amidst U.S. Investigation Concerns

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, saw its shares soar to record highs on Friday, following its strong third-quarter earnings and a bullish outlook driven by the rising demand for artificial intelligence (AI) technologies. However, the...
China's Economic Boom Days Have Passed, According to Australia’s Biggest Pension Fund

China Accuses Foreign and Domestic Firms of Illegally Collecting Geographic Data

China’s Ministry of State Security (MSS) has accused an overseas company and a local firm of illegally collecting sensitive geographic information, under the guise of researching smart driving technology, according to a statement released on Wednesday. However, the MSS has...
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