Asian Stock

Asian Stocks Mixed as Investors Brace for Tech Earnings and Economic Data

In volatile trading on Tuesday, Asian stocks presented a mixed picture, reflecting investors' heightened anticipation of major tech earnings reports from Wall Street. This week's lineup, including results from Alphabet, Meta, Microsoft, Apple, and Amazon, has markets on edge. Meanwhile,...
Japanese Yen

Yen Stumbles as Japanese Political Landscape Shifts; Dollar Holds Steady Amid Economic Anticipation in U.S.

The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
Election officers prepare to count ballots for the general election at a ballot counting centre in Tokyo, Japan

Japan Faces Renewed Political Uncertainty Amid Potential Return of Trump to White House

Japan is at a crossroads following a recent election that left the ruling Liberal Democratic Party (LDP) without a majority, raising concerns of political instability at a crucial time for the country. The outcome has thrust Japan, the world’s third-largest...
Asian Financial Markets

Asian Markets Rise as U.S. Election and Economic Data Loom

Asian markets experienced gains as global investors brace for a crucial week marked by key U.S. economic data releases and the approaching U.S. presidential election. Equities climbed in major markets, including Hong Kong, Tokyo, and Australia, while Chinese markets showed...
China coast guard, South China Sea

China Claims Underwater Espionage Devices Detected, Escalating Tensions in South China Sea

China’s Ministry of State Security announced on Tuesday that it had successfully retrieved various spying devices from both the ocean surface and the deep sea, including sophisticated underwater “lighthouses” allegedly used to facilitate foreign submarine navigation. The ministry’s report underscores...
Singapore 8,000-Ton MRCV

Singapore Unveils 8,000-Ton MRCV, Reaching U.S. Navy’s Arleigh Burke-class destroyers Scale in Maritime Defense

Forging a Path Toward Maritime Supremacy in Southeast Asia, On October 22, 2024, Singapore’s defense sector marked a historic milestone as ST Engineering held a keel-laying ceremony for the Republic of Singapore Navy’s (RSN) first Multi-Role Combat Vessel (MRCV) at...
China PLA Navy Type 055 destroyer and a Type 052D destroyer visited Port Vila in Vanuatu.

China’s Bold Advance into Pacific Island Countries: Chinese Naval 3,700 KM Off Australian Coastline; Canberra, Washington Express Rising Security Concerns

In a clear display of expanding influence, China has stirred up debate across the Pacific by docking two warships at Port Vila, Vanuatu, a region traditionally under the strong influence of Australia and the United States. The images of China’s...
India Submarines

Underwater Warfare Heats Up: European Arms Firms in High-Stakes Competition for Indian Navy’s Submarine Deal

In a remarkable display of diplomatic engagement, top leaders from Germany and Spain have made high-profile visits to India, aiming to secure a substantial defense contract to co-develop and co-produce six Air-Independent Propulsion (AIP)-equipped submarines for the Indian Navy. This...
Narendra Modi-Volodymyr Zelenskyy

India’s Role as a Peace Broker: Zelenskyy Urges New Delhi to Help End Russia-Ukraine War

Zelenskyy’s Call for Peaceful Mediation from India In a recent statement, Ukrainian President Volodymyr Zelenskyy emphasized India's potential role as a peace mediator in the ongoing Russia-Ukraine conflict, urging New Delhi to leverage its influence with Moscow to end the...
Philippines Defence Secretary Gilberto Teodoro

Philippines Confident in U.S. Policy Stability Post-Election, Focuses on Defense Strengthening Amid South China Sea Tensions

As the U.S. presidential election draws near, the Philippines has expressed confidence that U.S. policies in the Asia-Pacific region will remain steady, regardless of the election’s outcome, according to the Philippines’ Defence Secretary, Gilberto Teodoro. Amid increasing tensions in the...
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