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Subscribe to enjoy similar stories. TAIPEI—China massed dozens of navy and coast guard vessels in what appears to be the largest maritime exercises targeting Taiwan and the broader Western Pacific region since 1996, a potent warning to the incoming Trump administration of its intention to eventually take control of the island. China’s military didn’t announce the start of any drills.

As of 10:05 am, February gold futures were trading at Rs 77,726 per 10 grams on the MCX, up by Rs 240 or 0.31% from the previous session's closing price. Meanwhile, March silver futures were at Rs 95,330 per kg, rising by 133 or 0.14%.

TikTok on Monday asked a federal appeals court to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews the case

Nvidia fell 2.5% after China's market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging the information technology sector down 0.45%.

Gold prices remained mostly unchanged on Tuesday, staying near a two-week high hit in the previous session, as investors awaited key U.S. inflation data, due later this week, for further insights into the Federal Reserve's interest rate outlook. FUNDAMENTALS

That has, quietly, changed. While few believe Indian statisticians are actively working to make growth numbers look better than they are, less and less data is publicly available, methods are less transparent, and the GDP figures in particular sometimes diverge puzzlingly from independent data. The minister in charge of statistics recently told Parliament that the government planned to ask a new committee to recommend how it should update its national accounts. Official statisticians should seize this opportunity to overhaul how India’s GDP is calculated in order to win back trust.

Oil prices eased only slightly on Tuesday, holding on to most of their gains from the prior session as mounting geopolitical risk after the fall of Syrian President Bashar al-Assad and China's vow to ramp up policy stimulus kept a floor under prices. Brent crude futures were down 13 cents, or about 0.2%, at $72.01 per barrel. U.S. West Texas Intermediate crude futures were down 14 cents, also 0.2% lower, at $68.23 at 0151 GMT. Both climbed more than 1% on Monday.

China's top leaders have pledged to loosen monetary policy and provide more support for the slowing economy

Shares in Japan and South Korea gained, while futures showed the Hang Seng Index is poised to jump more than 3% at the open. Iron ore advanced thanks to Beijing’s announcement as the country dominates demand for most metals. The Nasdaq Golden Dragon China Index, which tracks the biggest Chinese stocks in the US, surged 8.5% in its strongest gain since September.

A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records

China has achieved a huge and significant milestone in the field of quantum computing with the introduction of the Tianyan-504 which is actually a powerful 504-qubit quantum computer, reported Interesting Engineering. According to Interesting Engineering, the record breaking computer has been eventually developed through collaboration between the China Telecom Quantum Group (CTQG), the Chinese Academy of Sciences and QuantumCTek while at the same time this advancement includes the Xiaohong superconducting chip which eventually sets a domestic record for qubit count. Also Read: Is Kevin Costner the hottest bachelor in town? Women are desperate to date him and have this to say

UBS Billionaire Ambitions Report 2024' released last week, wealth of India's billionaires surged 42% to over $905 bn during the last FY, making it the third-largest 'bill-base' behind the US and China. Rising population of Indian billionaires, too, is drawing international attention with their numbers poised to jump over the next decade. Rapidly growing economies tend to be generous with entrepreneurs who push the growth envelope. India's growth spurt will have a deep impact on manufacturing, which is expected to serve as the nursery for entrepreneur billionaires. But the similarities being drawn with China's experience may not be quite apt. India's growth is likely to be dependent significantly more on services. There is a pretty well-established method to acquiring scale in manufacturing that relies heavily on capital. Services offer greater creativity to entrepreneurs wanting to scale up. A decade later, India's billionaires could very well surprise on the upside. India is also gaining access to capital and tech. Improvements in labour force endowments through stepped up social security will contribute to the process. The country is also placed favourably in the evolving landscape of globalisation driven by services as protectionist walls are erected in manufacturing.

TikTok and its Chinese owner ByteDance have turned to a veteran US Supreme Court lawyer as they prepare to ask the justices to block a law that could ban the popular short video platform in the United States. Noel Francisco, who served as US solicitor general during Republican President-elect Donald Trump's first administration, will represent TikTok along with his partner Hashim Mooppan at law firm Jones Day, court papers show. As the Justice Department's top Supreme Court advocate from 2017 to 2020, Francisco defended Trump's ban on people from six predominantly Muslim countries entering the United States. He has argued more than 20 cases before the high court.

Shares of Nvidia slid early Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws

The Ministry of National Defence (MND) issued a statement confirming the manoeuvres, noting that the People's Liberation Army (PLA) had designated seven areas east of Zhejiang and Fujian provinces as temporary airspace reservations until Wednesday. These areas are typically designated for exclusive use during specific periods. In response to the PLA's activities, the MND initiated war-preparedness drills at strategic locations across the island and is closely coordinating with the Coast Guard Administration to implement appropriate countermeasures.

Indian Navy's Russian-manufactured guided missile frigate INS Tushil was commissioned into the force at Russia's coastal city of Kaliningrad on Monday. Defence Minister Rajnath Singh, Chief of Naval Staff Admiral Dinesh K Tripathi and several other senior Indian officials were present at the commissioning ceremony. INS Tushil is expected to significantly bolster the Indian Navy's operational capability in the Indian Ocean, a region that has witnessed increasing forays by China's PLA Navy in the last few years. The warship has been constructed in Russia as part of an over USD 2.5-billion deal that New Delhi had inked with Moscow in 2016 for four stealth frigates for the Indian Navy.

Subscribe to enjoy similar stories. Many retailers came through relatively unscathed by Donald Trump’s tariffs imposed starting in 2018. This time around, though, tariffs have the potential to bite more.

Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!

The study that was published in peer-reviewed journal Science Advances. “In other words, applying this technology to clothing could make an individual effectively ‘invisible’,” said lead researcher Wang Dongsheng, in an interview published last week by China Science Daily.

Shares are mostly lower in Asia, with South Korea's benchmark down 2.3%, after U.S. stocks rose to records on Friday

ICJ) on Thursday, saying they exploited the global carbon budget, failed to honour climate-finance promises and are now demanding that developing countries restrict their resource use. The court is examining what legal obligations countries have to address climate change and the consequences if they fail. India also urged the ICJ to avoid creating new obligations that go beyond the existing climate-change framework. «The court may exercise due caution to avoid devising new or additional obligations beyond what is already agreed under the existing climate-change regime, which take into consideration historic emissions, climate justice and the principal principle of equity and CBDR-RC, as well as the equitable access to the global carbon budget,» the country said.