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coast guard inaugurated a new monitoring base Friday on a remote island occupied by Filipino forces in the disputed South China Sea as Manila ramps up efforts to counter China's increasingly aggressive actions in the strategic waterway. Confrontations between Chinese and Philippine ships have intensified this year in the contested waters, resulting in minor but alarming collisions near the disputed Second Thomas Shoal occupied by a Filipino marine contingent in October.

Meta (formerly Facebook) has said that it recently took down a network of thousands of fake and misleading accounts based in China. The users pretended to be Americans and attempted to promote divisive content about the US politics and the US-China ties. Abortion, culture war issues, and help to Ukraine were among the topics covered by the network, reports BBC.

Indian equities in November as US treasury bond yields declined after rising to a peak in October. FPIs bought Indian equities worth ₹9,001 crore after selling shares worth ₹24,548 crore in October and ₹14,767 crore in September, data with the depositories showed. Following FPI turning buyers again in November, the Indian equity market ended the month with strong gains.

rupee settled 7 paise lower at a record closing low of 83.40 a dollar. India's gross domestic product (GDP) growth of 7.6% during July-September beat most estimates, including 6.5% projected by the Reserve Bank of India (RBI), retaining the country's tag of the world's fastest-growing major economy. Read here: India remains fastest-growing major economy, Q2 GDP growth beats RBI estimates: 5 key takeaways Also, another data released simultaneously showed that the output of eight key infrastructure sectors jumped 12.1% in October 2023 against 0.7% expansion in the year-ago period.

One of Canada’s former top spies says that the American indictment linking an alleged assassination attempt orchestrated by an Indian government employee re-enforces the validity of allegations made by Prime Minister Justin Trudeau in September.

By Stella Qiu

By Leika Kihara

By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick

TortoiseEcofin Senior Portfolio Manager Robert Thummel discusses how China's economic woes could impact crude oil prices on «The Claman Countdown.»

Gaza on Friday, the Israeli military said, around an hour before a truce with Hamas was due to expire. «Following the initial report regarding sirens sounded in communities near the Gaza Strip, the IDF (Israel Defense Forces) Aerial Defense Array successfully intercepted a launch from the Gaza Strip,» the military said on its official Telegram account. The rocket was the first launched from Gaza since a missile fired shortly into the first day of a truce that has lasted seven days, the military confirmed. There has been no official confirmation of any potential extension of the truce into an eighth day, though Hamas said it was open to the possibility and US Secretary of State Antony Blinken has urged that the pause continue. Eyewitnesses reported heavy aircraft and drone activity in northwestern Gaza on Thursday morning, an AFP reporter said.

Gurpatwant Singh Pannun. Blinken, speaking in Tel Aviv, described the matter as a significant ongoing legal case. The US Justice Department's indictment points to a murder-for-hire scheme targeting Pannun, a leader of the Khalistan Movement.

RBI is now in talks with its counterparts in the US and Hong Kong, besides the Society for Worldwide InterBank Financial Communications (Swift), the global financial messaging system, on the prospects of launching digital cross-border settlements. The goal is to make global payments faster and cheaper for both individuals and companies. This is not just forward-looking move but a logical one, too, especially since India appears to have done the hard yards on launching a central bank digital currency or CBDC.

Meta says it has found and disabled thousands of fake Facebook accounts linked to China that were used to spread politically partisan content in the United States before next year’s election

WASHINGTON/SEOUL (Reuters) -The United States on Thursday targeted North Korea with fresh sanctions after its launch of a spy satellite last week, designating foreign-based agents it accused of facilitating sanctions evasion to gather revenue and technology for its weapons of mass destruction program.

India. On the other side, he added that the US «takes this very seriously,» referring to the indictment by the US Department of Justice against an Indian in an alleged foiled assassination plot.

Sikh separatist leader in the United States is good and appropriate, Secretary of State Antony Blinken said Thursday. «The government announced today that it was conducting an investigation, and that's good and appropriate, and we look forward to seeing the results,» Blinken told reporters travelling with him in Tel Aviv, Israel.

" Overall we expect a positive trend to continue in the market. Auto stocks will be in focus as OEMs will announce their monthly sales data on Friday," said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 12.5 points, or 0.06 per cent, at 20,326, signaling that Dalal Street was headed for muted start on Friday.

Nasdaq into negative territory. Still, the S&P 500 and the Nasdaq notched their largest monthly percentage gain since July 2022. November was the Dow's best month for percentage gains since October 2022. «We're putting the cherry on top of a banner month,» said Ryan Detrick, chief market strategist at Carson Group in Omaha.

Ministry of External Affairs (MEA) informed that it has decided to set up a high-level probe committee to look into the security concerns shared by the US regarding the criminal nexus and the attempt to murder Pannun. While speaking to reporters who were travelling with him in Tel Aviv, Israel, Blinken said, "The government announced today that it was conducting an investigation, and that’s good and appropriate, and we look forward to seeing the results." The Secretary of State was responding to a question on the appearance of an unnamed Indian official in an indictment filed by federal US prosecutors in a Manhattan court on Wednesday along with an Indian national, which the Department of Justice alleges hired someone in the US to assassinate Pannun, a vocal critic of India and espousing the cause of separate Khalistan.

investors bought Indian equities worth more than ₹9,000 crore in November, reversing two consecutive exit runs in the previous two months, as a decline in energy prices and stable US yields burnished the allure of risk assets in Emerging Markets. Experts believe the trend will continue as India's economic growth is likely to surprise on the upside while interest rates are expected to be stable, with the policy-influencing price gauge now trending close to the central bank's target. In the past ten years, overseas investors have purchased Indian stocks on six occasions in December, and have been net sellers on four occasions.

Amazon has started the process of what is seen as a significant top-level restructuring of its India management team under vice president and country head Manish Tiwary, people aware of the matter told ET. The changes come at a time when Noor Patel, one of the most senior executives at Amazon India heading category management, is moving to the US, as the local team has been informed internally, the sources said.