Xi Jinping-Joe Biden

Biden and Xi Arrive in Peru for APEC Summit Amid Diplomatic Uncertainty Following Trump’s Election Victory

U.S. President Joe Biden and Chinese President Xi Jinping arrived in Lima on Thursday, setting the stage for what is anticipated to be a consequential Asia-Pacific Economic Cooperation (APEC) summit. Both leaders are expected to meet on Saturday, likely marking...
Asian Stock

Asian Equities Rally Amid Signs of Stabilization in China’s Economy and Dollar Weakness

Asian equities witnessed a notable rally on Friday, buoyed by signs of economic stabilization in China and a retreat in the US dollar. The Hong Kong Hang Seng and Australia’s S&P/ASX 200 advanced on data indicating the highest growth in...
China Economic

China’s Economy Shows Signs of Stabilization Amid Stimulus Measures

China’s economy displayed signs of stabilization last month, supported by a resurgence in retail sales growth, which reached its highest level in eight months. The uptick suggests that the latest round of economic stimulus policies introduced by Beijing may be...
China Economic

China’s Economic Growth Slows Despite Policy Support, as Retail Sales Surpass Expectations

China’s economic landscape in October presented a mixed picture, underscoring the world’s second-largest economy's persistent struggle to gain momentum despite the government’s recent wave of support measures. Industrial output growth decelerated slightly while retail sales growth, buoyed by shopping festivals...
US department of the treasury

US Treasury Adds South Korea to Currency Monitoring List, Maintains Close Watch on China, Japan, and Germany

The U.S. Department of the Treasury has added South Korea to its "monitoring list" of trading partners, scrutinizing their foreign exchange practices amid broader concerns regarding currency manipulation and international trade fairness. This latest move comes as part of the...
Russia Su-57E Fifth-Generation Fighter, Zhuhai Airshow 2024.

Russia Signs First Export Contract for Su-57E Fighter Jet with Undisclosed Foreign Client

Russia's state defense agency, Rosoboronexport, announced a groundbreaking development in international defense trade during the Airshow China 2024, held in Zhuhai. For the first time, Rosoboronexport has signed an export contract for its Su-57E, the export variant of its fifth-generation...
Philippine Coast Guard

Malaysia Protests Philippines’ New Maritime Laws Amidst Ongoing South China Sea Dispute

Malaysia announced that it will formally send a protest note to the Philippines over new maritime laws recently enacted by Manila. This diplomatic action, confirmed by Malaysia's Deputy Foreign Minister Mohamad Alamin, underscores escalating tensions surrounding overlapping territorial claims in...
Chinese Society

China’s Economic Crisis Fuels Surge in Violent Crimes and Social Tensions

A tragic massacre in Zhuhai on Monday, where a man drove a car into a crowd at a sports complex, resulting in 35 deaths and 43 injuries, has drawn national and international scrutiny on China’s rising social tensions and violent...
Tragedy in Zhuhai, China

Deadly SUV Attack in Zhuhai Stuns China: ‘It Felt Like an Earthquake,’ Survivor Recounts

Dozens were killed and scores injured in a shocking SUV attack in Zhuhai, a city in southern China, on Monday evening. Survivors of the incident, which occurred on a popular exercise trail, describe scenes of horror and disbelief, with one...
electronic board showing Japan's Nikkei average and related indices at the Tokyo Stock Exchange in Tokyo

Asian Markets Tumble as China’s Weak Performance Drags Down Regional Shares, While U.S. Dollar and Bond Yields Rise Amid Shifting Economic Landscape

Asian markets struggled on Thursday as mounting concerns over China's sluggish economic performance rippled through the region, dragging down stock indices from Japan to South Korea. This downturn, influenced by China’s economic pressures and policy adjustments, was compounded by a...
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