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President Xi Jinping directs PLA to speed up modernisationPresident Xi Jinping has urged the People's Liberation Army to accelerate its modernization to achieve world-class standards by 2027, aimin...- Global AI wave revs up Asian factories, offsetting war-induced painAsia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge pr...
- Jane Street, TSMC-linked AI startup Etched raises $800 millionAI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...
- Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
- Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
- Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...
- Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
- China angered, Taiwan cheered by Western allies' alarm over Chinese Coast Guard activitiesInternational concern is mounting over China's assertive maritime actions near Taiwan. The US, Britain, France, and Germany have voiced ala...
- India's GIC Re plans to reduce share of overseas property risk as climate losses riseIndian reinsurer GIC Re is strategically shifting its overseas business focus. Amidst escalating climate-related losses globally, the compa...
- UK, France, Germany raise alarm about Chinese activities off eastern TaiwanBritain, France, and Germany have voiced serious concerns over China's recent maritime activities near Taiwan's east coast. These actions, ...
- Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...
- Global Market: Standard Chartered bullish on Asia ex-Japan equities, sees strong AI-led growthStandard Chartered upgraded Asia ex-Japan equities to overweight, expecting the region to post the strongest earnings growth globally in 20...
- Global Market Today: Asian stocks hit record highs, oil heads for weekly lossAsian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
- Why did stock market rally today? Sensex jumps 736 points, Nifty closes above 23,850. 5 key factors behind bull runIndian equities surged nearly 1% as bulls charged through Dalal Street, driven by an Iran-US peace framework and sliding oil prices. The Se...
- Electronics makers face component shortages as Gulf shipping crisis hits productionIndian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batterie...
- Taiwan says its sovereignty cannot be 'violated', as China ends coast guard patrolTaiwan's coast guard asserts its maritime sovereignty cannot be violated by China. China recently ended a patrol east of Taiwan, inspecting...
- China, Taiwan spar over legality of coast guard patrols east of islandChina and Taiwan are in a dispute over Chinese coast guard patrols near Taiwan's waters. Taiwan claims these patrols are harassing merchant...
- Taiwan says Chinese coast guard, research ships near key South China Sea islandsTaiwan has reported a new escalation in the South China Sea on Saturday. A Chinese coast guard ship and a survey vessel conducted a coordin...
- Taiwan beefs up anti-ship missile arsenal to counter threat of Chinese invasionTaiwan is boosting its missile power to over 1,800 by 2029. This move aims to deter a potential Chinese invasion or blockade. The island is...
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