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China launched a sharp diplomatic counterattack on Wednesday against global backlash over its two-day military exercises encircling Taiwan, branding statements from Japan, Australia, the United Kingdom, the European Union, New Zealand, and the Philippines as "extremely hypocritical." Beijing lodged formal protests with several governments,......
China has wrapped up its most expansive military exercises encircling Taiwan in years, a two-day show of force that involved rockets, warships, and dozens of aircraft. The maneuvers, codenamed "Mission Justice 2025," kicked off on Monday with coordinated operations from the People's Liberation Army's army, navy, air force,......
China has announced routine annual adjustments to its CFETS currency basket for the yuan, further decreasing the weights of major currencies including the US dollar and the euro, as the renminbi concludes its strongest year against the greenback since 2020. The China Foreign Exchange Trade System (CFETS), overseen by the People's Bank......
Gold and copper concluded 2025 with record-breaking performances, marking significant annual gains driven by a combination of monetary policy shifts, soaring industrial demand, and geopolitical uncertainties. Gold surged over 64% this year, trading around $4,330 per ounce, reflecting its steepest annual growth since 1979, when prices soared......
James Cameron's "Avatar: Fire and Ash" has crossed the 800 million dollar mark at the global box office as of Monday, December 30, just under two weeks after its release. The film earned 43.1 million dollars on Monday alone, bringing its total worldwide gross to 805.1 million dollars, including 227.9 million dollars from domestic......
China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will take effect on January 1, 2026 and remain......
Taiwan’s opposition parties have again blocked a sweeping defense spending plan, intensifying political deadlock at a moment of rising military pressure from China. Lawmakers from the Kuomintang and the Taiwan People’s Party used their combined legislative majority to prevent a special defense budget from advancing to committee......
Two Chinese flagged supertankers are continuing operations close to Venezuelan waters despite a blockade announced in mid December by President Donald Trump and an expanding campaign of tanker seizures, according to maritime tracking data. The situation is shaping into a key test of United States enforcement power as tensions between Beijing......
Japan has expressed concern over recent Chinese military exercises conducted near Taiwan, warning that the drills are contributing to rising tensions in the region. Speaking to the media on Wednesday, a spokesperson for Japan’s Ministry of Foreign Affairs stated that the large-scale maneuvers, which included live-fire drills and simulated......
Air China said it and a subsidiary have signed an agreement with Airbus to purchase 60 A320neo aircraft, a deal valued at about 9.5 billion dollars at catalogue prices. The aircraft are scheduled for delivery in batches between 2028 and 2032, according to a filing with the Shanghai Stock Exchange, marking another major order in a week of significant......
China has launched large scale military exercises around Taiwan after comments by Japanese prime minister Sanae Takaichi signaled a sharp shift in Tokyo’s stance on the island. Speaking to a parliamentary budget committee on November 7, Takaichi said any Chinese military action against Taiwan would amount to a situation threatening Japan’s......
China carried out its largest military exercises to date around Taiwan on December 30, launching rockets and deploying warships, bombers, and amphibious assault vessels in maneuvers simulating a blockade of the island. The two-day operation, called “Mission Justice 2025,” involved 130 military aircraft and 22 naval and coast guard......
China's military exercises around Taiwan stem from several key provocations, including a massive US arms package and pointed remarks from regional leaders. The drills followed Washington's approval of an unprecedented $11 billion weapons deal to Taiwan, featuring $4.05 billion in High Mobility Artillery Rocket Systems, $4 billion......