Adani

Indian Banks Review Exposure to Adani Group Amid U.S. Allegations Against Chairman Gautam Adani

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...
Chinese Military Official Miao Hua

Top Chinese Military Official Miao Hua Suspended Amid Anti-Corruption Crackdown: Beijing Tightens Grip on Corruption in PLA

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...
Singapore Prime Minister Lawrence Wong -Thailand Prime Minister Paetongtarn Shinawatra

Singapore and Thailand Strengthen Ties: Focus on Carbon Credits, Security, and Connectivity

Singapore and Thailand reaffirmed their close partnership and explored new areas of collaboration during Prime Minister Lawrence Wong’s one-day visit to Bangkok. At a joint press conference with Thai Prime Minister Paetongtarn Shinawatra, Mr. Wong highlighted key areas for deeper...
Taiwan Conducts Air Defence Drill Ahead of President Lai’s Pacific Tour

Taiwan Conducts Air Defence Drill Ahead of President Lai’s Pacific Tour Amid Heightened China Tensions

Taiwan's military carried out an early morning air defence drill on Thursday (Nov 28), testing its response and engagement procedures just days ahead of President Lai Ching-te’s diplomatic trip to the Pacific, which includes planned transit stops in the United...
Japanese Markets

Japan’s Tax Revenues Set to Hit Record High for Fifth Consecutive Year

Japan’s tax revenues are poised to reach an all-time high for the fifth consecutive fiscal year, driven by robust corporate earnings and rising inflation, according to four government sources familiar with the matter. The current fiscal year, ending in March...
South Korea Battles Severe Snowstorm

South Korea Battles Severe Snowstorm: Flights Canceled, Lives Lost, and Disruptions Widespread

South Korea is reeling from an unseasonably intense snowstorm that battered the country for a second consecutive day on Thursday, leaving a trail of disruptions, casualties, and significant economic implications. With flights grounded, transportation paralyzed, and lives lost, the nation...
Bank of Japan (BOJ)

Bank of Japan (BOJ) Policy and Budget Talks Unlikely to Clash, Says Opposition Leader

The Bank of Japan (BOJ) is unlikely to implement policy changes abrupt enough to derail ongoing budget discussions, a senior member of the Democratic Party for the People (DPP) suggested on Wednesday. Motohisa Furukawa, the DPP's tax chief, emphasized in...
US-China Chip

Biden Administration Considers New Restrictions on Semiconductor Equipment and AI Chips Sales to China

The Biden administration is reportedly weighing new restrictions on the sale of semiconductor equipment and AI memory chips to China, intensifying the US campaign to limit Beijing’s technological advancement. This potential move, expected to be announced as early as next...
Japanese Semiconductor

Japanese Semiconductor Stocks Surge as US Eases Restrictions on China

Shares of Japanese semiconductor-related companies soared on Thursday after reports emerged that the US government is considering milder-than-expected restrictions on exports of chip equipment and AI memory semiconductors to China. The announcement triggered a rally in Japan’s high-stakes chip manufacturing...
Adani

Adani Group Refutes FCPA Charges, Clarifies Legal Battle Amid Stock Surge

The Adani Group has clarified that Indian billionaire Gautam Adani and his associates have not been charged under the U.S. Foreign Corrupt Practices Act (FCPA). This statement, issued by Adani Green Energy Ltd. in a filing to the stock exchange...
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