EU-CHINA

EU Faces Trade Tensions with China as Electric Vehicle Tariffs Survive a Close Vote

October 4 marked a pivotal moment in Europe’s trade policy as the European Commission narrowly avoided a significant setback in its plan to impose countervailing duties on electric vehicles (EVs) imported from China. The duties, aimed at countering what the...
Indian Navy INS Kalvari at sea

Indian Navy’s Push for Nuclear-Powered Attack Submarines (SSNs): Closing Undersea Gap with China

The Indian Navy’s undersea combat capabilities, particularly in nuclear-powered attack submarines (SSNs), lag significantly behind those of China. To address this shortfall, the Indian government has approved the construction of two SSNs. This decision, though expensive, reflects the urgent need...
Chinese People's Liberation Army Navy Sail Training Warship

Sri Lanka’s Decision to Allow Chinese Navy Training Ship Sparks Geopolitical Tensions in Indian Ocean

In a move poised to reignite geopolitical tensions in the Indian Ocean region, Sri Lanka has allowed the Chinese Navy training ship, Po Lang, to dock at its Colombo port. This development comes despite a 12-month moratorium on foreign research...
Copper

Copper Prices Rise as Markets Await China’s Policy Moves

Copper prices edged higher on Thursday, rebounding from their lowest point in over two weeks as investors braced for a significant policy briefing by China’s Finance Minister, Lan Fo’an, scheduled for Saturday. This announcement is anticipated to provide key insights...
Cryptocurrency

Massive Cryptocurrency Fraud Bust: FBI Creates New Digital Token to Expose Market Manipulation

In a groundbreaking investigation, federal authorities have charged three cryptocurrency companies and 15 individuals with fraud and market manipulation schemes that rocked the digital currency world. The FBI, in a first-of-its-kind move, directed the creation of a new cryptocurrency token...
Taxes

Fed’s Rate Cuts and Your Taxes: What You Need to Know for Financial Success

As the Federal Reserve embarked on its rate-cutting cycle nearly a month ago, the landscape of borrowing, spending, and investing is rapidly changing. The decision to lower interest rates typically aims to stimulate economic activity by making borrowing cheaper, encouraging...
Thailand-Cambodia Borders

Thailand and Cambodia Move to Restart Joint Exploration of $300 Billion Offshore Oil and Gas Field

Thailand's new government, led by Prime Minister Paetongtarn Shinawatra, has reignited hopes for resolving a decades-long territorial dispute with Cambodia over a lucrative offshore oil and gas field. This area, believed to contain resources worth over $300 billion, has been...
Asian Stock

Asian Stocks Poised for Gains as US Stocks Hit Record Highs Ahead of Inflation Data

Asian stocks were set to advance on Thursday, following the US stock market's rally, which reached new heights ahead of the release of crucial inflation data. This data, expected to shed light on inflation trends, could play a defining role...
Japan

Japan’s $2.6 Trillion Insurance Industry Steers Back Towards JGBs

Japan’s major life insurers are preparing to adjust their investment strategies for the second half of the fiscal year, with a cautious eye on the central bank’s monetary policy and the movement of bond yields. Their decisions, expected to unfold...
Cambodia’s Ream Naval Base

China’s Expanding Influence at Cambodia’s Ream Naval Base Sparks Concerns in Washington

China’s growing military presence at Cambodia’s Ream Naval Base has once again ignited concerns in Washington and among its regional allies. First raised as a concern in 2019, reports of Chinese naval corvettes stationed at the recently upgraded Ream Naval...
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