KP Sharma Oli

Nepal PM to Visit China in a Strategic Shift from Traditional India-First Policy

Nepal's Prime Minister, Khadga Prasad Sharma Oli, is set to embark on a significant four-day official visit to China next Month, marking a strategic departure from the tradition of Nepali leaders making India their first foreign destination upon assuming office....
China Court

China sentences Journalist to seven years jail on spy charges

A Beijing court sentenced Dong Yuyu, a seasoned journalist and senior columnist for the Communist Party’s Guangming Daily, to seven years in prison on espionage charges on Friday, November 29, 2024. The verdict has drawn widespread attention and criticism from...
China coast guard, South China Sea

South China Sea: Beijing Conducts Air and Naval Patrols Around Scarborough Shoal Amid Escalating Tensions

China announced on Thursday that it has intensified its air and naval patrols around the contested Scarborough Shoal in the South China Sea, a move described as a bid to "resolutely defend" its national sovereignty. This development underscores the growing...
South Korean Air Force F-35A fighter jets

South Korea Scrambles Fighter Jets as Chinese and Russian Aircraft Enter Air Defense Zone

South Korea's military responded with heightened vigilance on Friday as five Chinese and six Russian military aircraft intruded into its Air Defense Identification Zone (KADIZ). Though the aircraft did not breach South Korean airspace, their presence in the strategically significant...
US dollar

Dollar Heads for Biggest Weekly Loss in Three Months Amid Waning Confidence in “Trump Trade”

The US dollar is heading for its most significant weekly decline in three months, as investors reevaluate the so-called "Trump trade" that has fueled its upward trajectory since the US presidential election. The greenback slipped by 0.2% on Friday, extending...
China Home Sales

China’s Home Prices Expected to Fall Slower, Stabilize by 2026

China's real estate market, which has endured a prolonged slump since 2021, is showing signs of potential recovery as recent support measures start to take effect. According to a Reuters poll conducted between November 15-28, home prices are anticipated to...
Bank of Japan (BOJ)

Tokyo Inflation Surges in November, Fueling Speculation of December BOJ Rate Hike

Inflation in Tokyo accelerated more than anticipated in November, while other economic data aligned with the Bank of Japan’s (BOJ) projections, heightening market speculation of a possible interest rate hike in December. The yen strengthened on the news, as policymakers...
China manufacturing

China’s Factory Activity Expected to Grow Modestly in November Amid Stimulus Push

China's factory activity likely expanded modestly for a second consecutive month in November, suggesting that the government’s recent stimulus measures are beginning to take effect. The anticipated uptick offers a glimmer of hope for producers in the world’s second-largest economy,...
Mitsubishi UFJ Financial Group Inc. (MUFG)

Mitsubishi UFJ Financial Group Eyes Takeover of WealthNavi to Strengthen Fintech Offerings

Mitsubishi UFJ Financial Group Inc. (MUFG), Japan’s largest bank, is considering a bid to acquire WealthNavi Inc., a Tokyo-based robo-advisory firm, as part of its broader strategy to enhance its financial technology (fintech) capabilities and tap into the growing online...
Japanese Yen (JPY)

Yen Surges to Six-Week High Amid Inflation Bets, Dollar Slips in Holiday-Thinned Trade

The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...
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