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India has consistently advocated for a peaceful resolution to disputes and has sought to promote cooperation among nations in the Indo-Pacific, with a strong emphasis on the centrality of ASEAN, Defence Minister Rajnath Singh said on Friday. His remarks come amid China's increasing military muscle-flexing in the region. In his address at the Indo-Pacific Regional Dialogue (IPRD) 2024 here, he also expressed concern over «certain attempts to monopolise and weaponise critical resources for strategic reasons», terming these tendencies as not conducive for the global good. Singh emphasised that India's engagement with its partners is guided by the understanding that true progress can only be achieved through collective action and synergy, and due to these efforts, it is now considered as a «credible and preferred security partner and first responder» in the region.

Hungary's prime minister says the European Union risks entering an “economic cold war” with China, and is pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles

European Union countries have voted to impose duties on imports of electric vehicles from China, as talks continue between Brussels and Beijing to end the standoff before an end-of-October deadline

While Dogecoin (DOGE) has been one of the most valued meme coin assets for years, several new meme coins have emerged with the potential to surpass DOGE, but none have. However, a new meme coin called Cutoshi (CUTO) is proving to be a stronger rival for Dogecoin. With a centred focus on top DeFi practices, Cutoshi is taking the hybrid route to meme coin stardom. Cutoshi pushes decentralisation to the limit, attracting major whale interest The meme coin market is buzzing with excitement as more meme coins with innovative features launch on the blockchain. Ranking in this category is Cutoshi (CUTO), a new meme coin gem inspired by the ideals of Satoshi Nakamoto, which directly focuses on decentralisation, monetary freedom, and privacy.

electric vehicles, the EU executive said on Friday, even after the bloc's largest economy Germany rejected them, exposing a rift over its biggest trade row with Beijing in a decade. The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc and are set to be imposed from next month for five years. The Commission, which oversees the bloc's trade policy, has said they would counter what it sees as unfair Chinese subsidies after a year-long anti-subsidy investigation, but it also said on Friday it would continue talks with Beijing.

Subscribe to enjoy similar stories. Europe’s great hope for battery independence is fighting for survival after the company said it was cutting 1,600 jobs and curtailing expansion plans. Northvolt was the darling of the European cleantech industry, attracting billions in funding from the world’s biggest automakers, banks and governments.

Subscribe to enjoy similar stories. Shares of National Aluminium Company Ltd (Nalco) hit a new 52-week high of ₹227.39 on the National Stock Exchange on Tuesday, driven by rising alumina prices amid a supply shortage. The global aluminium market has been experiencing widespread disruption across the entire bauxite-alumina-aluminium supply chain.

Subscribe to enjoy similar stories. TAIPEI—For years, residents of Taiwan who were curious what a Chinese invasion might look like had to rely largely on their own imaginations. Now they are starting to get help.

Chinese stocks as Beijing’s stimulus blitz sets off an epic rally. Just don’t count Rajiv Jain among them. The manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12% of the fund — roughly half of the weighting of its benchmark. As a result, the fund’s outperformance this year has been wiped out as the MSCI China Index ripped more than 30% higher in just 10 days.

Mayuresh Joshi, Head Equity, Marketsmith India, says the markets are fearing a possible escalation in the Middle East conflict. In the Indian context, earnings might be a tad bit soft going into this quarter's numbers as well. But with good monsoon, expectations of rural recovery, second half should be relatively better as far as India Inc is concerned. So, Joshi is not looking at a structural downside. Liquidity remains strong and for any fall in the market that comes through, liquidity might come back and cushion them. It is getting bad in the market, could it get ugly? Mayuresh Joshi: There are two-three angles. One, obviously, in terms of how global macros are shaping up. The expectations in terms of the China stimulus has clearly buoyed sentiments in terms of foreign flows towards China. Again, undervalued, under-owned and therefore, the kind of move that we saw on the Chinese markets because of the stimulus was something to be watched out for.

Carlos Alcaraz said Thursday he had no time to celebrate becoming the China Open champion thanks to the gruelling tennis schedule, rushing straight from the stadium to catch a flight to the ongoing Shanghai Masters. Alcaraz defeated world number one Jannik Sinner over the course of a draining three hours and 21 minutes on Wednesday night in Beijing, but by noon the next day was already at a press conference in Shanghai. The 21-year-old has previously said that the men's tennis schedule is «going to kill us», and that «we have to do something about it», but on Thursday seemed to rein in his criticism.

Joe Biden said the US would not support disproportionate Israeli retaliation against Iran's missile attacks. Separately, US Federal Reserve chair Jerome Powell indicated subsequent interest rate cuts would not be as steep as the half-a-percentage-point initial drop. The US is not only keeping capital markets reasonably calm through its geopolitical stand and monetary policy, but it has also capped a spike in oil prices by adding impressive inventory.

Still the top dog on the world stage, the U.S. dollar has been slipping of late — so much so that it recently raised a red flag in the presidential election.

The Department of Homeland Security has announced that it would ban the import of goods from a Chinese steel manufacturer and a Chinese maker of artificial sweetener

OpenAI is at the top with $14 bn, followed by Anthropic with $4.2 bn, and Databricks with $4 bn. As countries, the biggest investor in AI over the last 5 years is the US at $329 bn, with China at $133 bn, and Britain at $26 bn. What's alarming, however, is that power consumption for AI, estimated by Schneider Electric at 4.5 GW in 2023, is likely to go up to 14-18.7 GW by 2028. That's also attributable to a search on Google consuming 0.3 watt-hours (Wh), while a single ChatGPT query requires 2.9 Wh. Over a 1-year period, ChatGPT queries would roughly consume 10 TWh (terawatt hours), which can power all of New Zealand for 3 months. Another significant reason for the increase in AI power consumption is the new generation of GPUs (graphics processing units) being used. The CPU in a computer handles tasks for the software on the server to run, while a GPU helps perform repetitive tasks and concurrent calculations in parallel, very much faster.

ceasefire with Pakistan along the LoC in Jammu and Kashmir has sustained and exceptions to any activity taken by the other side is brought to notice through various means, a top Army officer said on Thursday. Speaking at a press conference, General Officer Commanding (GoC) of the Army's strategic Srinagar-based Chinar Corps, Lt Gen Rajiv Ghai, said when the ceasefire understanding with Pakistan came into effect at the beginning of the year 2021, the situation was tenuous on the northern borders with China. «At that point in time, the two countries (India and Pakistan) felt that it was the most apt thing to do so that tensions could be kept under the threshold as far as the LoC (Line of Control) and the western borders are concerned,» he said. Lt Gen Ghai, who is relinquishing the command of Chinar Corps, said the ceasefire understanding has sustained.

NBC. New episodes are released every Thursday.

Russian «influence actors» have amplified stories about migrants entering the U.S. in an attempt to stoke discord, according to the Department of Homeland Security report, and have used generative AI to create fake websites that appeared to be authentic U.S.-based media outlets. Iran has become «increasingly aggressive in its foreign influence efforts,» the report said. In one example, Iranian actors posed as activists online to encourage protests over the conflict in Gaza, DHS said.

forced labour from China's far-west region of Xinjiang. The action broadens the scope of the US effort to counter products from entering the country that the government says are tied to human rights abuses. The additions to the entity list under the Uyghur Forced Labour Prevention Act marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement, DHS said. «Today's actions reaffirm our commitment to eliminating forced labour from US supply chains and upholding our values of human rights for all,» said Robert Silvers, undersecretary of Homeland Security for policy. «No sector is off-limits. We will continue to identify entities across industries and hold accountable those who seek to profit from exploitation and abuse.»

Hurricane Leslie over the weekend. Tropical Depression 13 has been developed in the eastern Atlantic, which is contributing to a recent boost in the tropical weather landscape. This depression has caused active storms over the past few weeks, and concerns have been raised as well as meteorological agencies-prompted monitoring efforts. Tropical Depression 13 is expecting to be Leslie in the coming days. Hurricane Kirk is also joining with Tropical Depression 13 to enter the region, and another area of concern is emerging near Central America. Meteorologists are suggesting the people stay informed and be prepared for a profound impact regarding the depression, according to Fox Weather. Tropical Depression 13 has developed in the Atlantic Ocean on Wednesday, and it is located 430 miles to the southwest of the Cabo Verde Islands. Presently, the storm is moving to the western side. Tropical Depression 13 is expecting to strengthen its power and will be Leslie, which is the next storm of the season. Forecasts are suggesting that the system will experience gradual strengthening over the next few days. However, Leslie has the possibility to become the next Atlantic hurricane by this weekend.