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Safe-haven currencies strengthened at the start of the week as investors reacted to a sharp escalation in the conflict between Iran, the United States and Israel, driving money out of risk assets and into traditional shelters. The Swiss franc rose to its strongest level against the euro since 2015, while the Japanese yen also firmed as foreign......
The escalating US and Israeli campaign against Iran is prompting fresh warnings that Washington risks overextending its military at the expense of its stated priority of deterring China in the Indo-Pacific. President Donald Trump has said the strikes launched on 28 February will continue as long as necessary, committing aircraft, ships, and......
China has firmly rejected new US allegations that it secretly carried out a low-yield underground nuclear test at the Lop Nur site in 2020, calling the charge baseless and politically driven. Chinese defense and foreign ministry officials insist Beijing continues to observe its moratorium on nuclear testing and has not engaged in activities......
China has delivered combat drones and is negotiating the sale of advanced anti-ship missiles to Iran as talks on Tehran’s missile capabilities progress, two regional officials told Middle East Eye. The development marks a major shift in Beijing’s engagement with Iran’s defense sector, moving from defensive systems to offensive......
China’s financial regulators have instructed domestic banks to cut their investments in US Treasury securities, signaling an effort to reduce exposure to American debt as global financing dynamics shift. Bloomberg reported that Beijing issued the directive through informal “window guidance,” advising banks to limit new purchases......
Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive product launch initiative in company......
North Korean leader Kim Jong Un has been unanimously re-elected as Secretary General of the Workers’ Party of Korea, according to official state media reports following the party’s ninth congress held in Pyongyang. The decision to renew his mandate at the head of the ruling party, which has governed the country......
China has reaffirmed its opposition to Japan’s bid for a permanent seat on the United Nations Security Council, arguing that Tokyo is “totally unqualified” for such a role. The remarks were made during a session of the United Nations General Assembly focused on negotiations over Security Council reform. Speaking at the meeting,......
German Chancellor Friedrich Merz will travel to China next week for his first official visit since taking office, aiming to recalibrate ties with Berlin’s largest trading partner while navigating sharpening geopolitical rifts with Washington and Moscow. The trip, which begins with his departure from Berlin on Tuesday, is designed to......
British lawmakers are weighing a possible parliamentary inquiry into the decade Andrew Mountbatten-Windsor served as the United Kingdom’s trade envoy, following newly released US Justice Department files indicating he may have shared confidential government briefings with convicted sex offender Jeffrey Epstein. Liam Byrne, chair of......
Japan has formally protested to China after senior Chinese officials accused Tokyo of encouraging a return to militarism, deepening tensions between the two Asian powers at a time of heightened regional uncertainty. The dispute escalated following remarks by Chinese Foreign Minister Wang Yi during the Munich Security Conference. Speaking......
China has called for a renewed phase of cooperation with Canada, signaling a possible reset in relations after years of diplomatic tension. Speaking on the sidelines of the Munich Security Conference, Chinese Foreign Minister Wang Yi urged his Canadian counterpart Anita Anand to “restart” exchanges and collaboration across multiple......
Taiwan has firmly rejected claims by China that it upholds international peace, describing Beijing as the true threat to regional security. Lin Chia-lung, Taiwan’s Foreign Minister, made the remarks on Sunday following comments by Wang Yi at the Munich Security Conference. China maintains that Taiwan is part of its territory, a position......
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