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The Chinese yuan exceeded the key threshold of 7 per dollar for the first time since September 2024, signaling renewed confidence in the nation’s currency strategy. The offshore yuan reached 6.9985 against the U.S. dollar on Thursday after the People’s Bank of China (PBOC) set its daily midpoint at 7.0471, marking its strongest......
Israeli Prime Minister Benjamin Netanyahu is set to meet U.S. President Donald Trump at Mar-a-Lago to discuss renewed intelligence on Iran’s expanding missile capabilities and its potential to resume large-scale production. The meeting, scheduled for December 29, will focus on the implications of Tehran’s military buildup and possible......
The waters of the Taiwan Strait have become a theater of heightened military activity, with near-daily incursions reported by Taiwan's Ministry of Defense. On Wednesday morning, five Chinese aircraft and eight naval vessels were detected near the island, including one that crossed the median line a de facto boundary in the South China......
Venezuela has accused the United States of committing the “greatest extortion in history” during a tense UN Security Council meeting on Tuesday, amid growing international scrutiny over sanctions and a U.S.-led naval blockade. The emergency session, requested by Caracas with support from Russia and China, saw harsh criticism of......
A tragic road accident in eastern China claimed the lives of eight people, including several children, after a sport utility vehicle plunged into a pond, according to state media reports released on Wednesday. The incident occurred on Tuesday afternoon in Pengze County, a rural area located around 480 kilometers west of Shanghai. The vehicle,......
China has emerged as the key force shaping global oil prices, overtaking OPEC+ by using large-scale crude imports and strategic stockpiling to stabilize and influence the market. As the world’s largest oil importer, Beijing now sets the effective boundaries for price fluctuations through inventory adjustments rather than production levels. Throughout......
A growing number of Russian oil tankers are stuck at sea as sanctions, logistical bottlenecks, and recent attacks in the Black Sea intensify bottlenecks across Asian ports. The disruptions highlight the growing strain on Russia’s so-called “shadow fleet” a network of aging vessels used to bypass Western restrictions......
Beijing has strongly criticized Ukraine’s plan to impose sanctions on Chinese individuals and companies accused of aiding Russia’s military sector, calling the move unjustified and “a violation of international norms.” Beijing’s firm response Chinese Foreign Ministry spokesperson Lin Jian said that China “firmly......
Three days of negotiations in Florida ended with cautious optimism but a clear warning from Washington: if Moscow refuses the emerging peace framework, the United States is prepared to intensify sanctions and supply Ukraine with long-range Tomahawk missiles. Senator Lindsey Graham urged a sharp escalation should Russia reject the proposal,......
China has issued a stern warning to Japan after a senior government official in Tokyo suggested revisiting the country’s decades-long ban on nuclear weapons, adding new friction to an already tense relationship between the two Asian powers. Rising disputes over nuclear policy The controversy began when a top aide to Prime Minister......
The United States has intensified its maritime campaign in the Caribbean, seizing two tankers carrying Venezuelan crude and pursuing a third vessel accused of transporting sanctioned oil to Asian markets. The move marks a major escalation in Washington’s enforcement of its “total blockade” policy against Venezuela’s......
China has intensified its diplomatic protests after several members of Japan’s ruling Liberal Democratic Party (LDP) traveled to Taiwan, deepening one of the most severe rifts between Beijing and Tokyo in recent years. Beijing’s formal complaint The Chinese foreign ministry issued a strong objection following the visit of Koichi......
Hotel staff in China were stunned after a guest checked out following a continuous two-year stay, leaving behind a room filled with trash, waste, and unbearable filth. The man, reportedly addicted to video games, had rarely left his room during his long-term stay. Shocking discovery after checkout When hotel employees entered the room after......