Narendra Modi-Justin Trudeau

Canada-India Relations Face Major Setback Amid Accusations of Covert Indian Operations on Canadian Soil

Canada-India relations have plummeted to their lowest point in decades, following explosive allegations by Canadian authorities. In September 2023, Canada accused Indian agents of engaging in a series of illicit activities, including “homicides, extortion, and violent acts” on Canadian soil,...
Patriot missile system

US Scraps Next-Gen Missiles, Opts to Enhance Patriot Missile Threats from China and Russia Intensify

The US Army has decided to halt plans to replace the Patriot missile system, choosing instead to enhance the PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptor. This decision, revealed during the Association of the United States Army’s (AUSA) annual conference,...
Chinese yuan

Chinese Yuan Under Pressure: Market Participants Bet on Yuan’s Decline Amid “Trump Trade” Resurgence; Will This Strategy Backfire?

Global hedge funds are gearing up for an intense battle over China’s yuan, betting on a currency devaluation in anticipation of Donald Trump’s potential re-election. These funds, motivated by fears of geopolitical upheaval and a return to Trump’s aggressive trade...
South Korean Court Acquits Seoul’s Former Police Chief in 2022 Halloween Crowd Crush Case

South Korean Court Acquits Seoul’s Former Police Chief in 2022 Halloween Crowd Crush Case

A South Korean court has acquitted Seoul's former police chief, Kim Kwang-ho, of negligence in connection with the deadly Halloween crowd crush that claimed 159 lives in the bustling Itaewon district in October 2022. The tragedy, which unfolded in one...
Sheikh Hasina

Arrest Warrant Issued for Former Bangladeshi Prime Minister Sheikh Hasina Following Mass Protests

Bangladesh’s political landscape, a court in Dhaka has issued an arrest warrant for former Prime Minister Sheikh Hasina, who fled the country in August following her ousting by mass protests. The 77-year-old leader, who was at the helm of Bangladeshi...
Kim Jong Un

North Korea Designates South Korea “Hostile State” in Constitutional Revision

Pyongyang's move to formally label South Korea a "hostile state" has heightened already tense relations between the two Koreas. Analysts remain skeptical about the prospect of full-scale war but warn of an increased risk of military confrontation. North Korea has...
China Home Sales

Chinese Stocks Retreat Sharply Amid Disappointment Over Property Support Briefing

Chinese stocks, which had rallied earlier in the session, reversed course sharply after a joint ministry briefing on property support measures left traders underwhelmed. Market participants had been hoping for more aggressive action from Beijing, but the actual announcements fell...
Crude Oil Prices

Oil Prices Rose in Early Asian Trading Amid Surprising U.S. Crude Stockpile Decline

Asian trade on Thursday, oil prices rebounded slightly, reversing some of the sharp losses seen in the previous two sessions. This rally came after surprising industry data revealed an unexpected drop in U.S. crude oil stockpiles, countering broader market trends...
Asian Stocks Advance After US Small-Cap Rally: Markets Wrap

Equities in Asia Rise Investors Rotate Out of Megacap Tech: A Comprehensive Overview

Asian markets gained momentum following a positive close on Wall Street, as investors shifted their focus from megacap technology stocks to economically sensitive shares, including smaller companies. This rotation signals a broader optimism about the global economy’s recovery, despite ongoing...
Asian Stock

Millennium Management’s Partnership with Centerline Investment Marks Growing Trend in Hedge Fund Collaboration

In a move emblematic of a growing trend in the hedge fund industry, Millennium Management LLC, one of the world’s largest and most successful multi-strategy hedge fund firms, has entered into an agreement to allocate substantial capital to Hong Kong-based...
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