Category: Foreign News
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India’s Business Growth Slows to Six-Month Low as Manufacturing Weakens, PMI Shows
Bengaluru, India – India’s private sector activity expanded at its slowest pace in six months in November, with a sharp slowdown in manufacturing growth offsetting gains in the services sector, according to the latest HSBC flash India Composite Purchasing Managers’ Index (PMI). The composite PMI, compiled by S&P Global, declined to 59.9 in November from
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India and Afghanistan to Launch Air Cargo Services to Strengthen Trade Ties
New Delhi, India – India and Afghanistan are set to launch air cargo services in the near future, aimed at boosting trade and easing the transport of essential goods between the two countries. The announcement was made during a visit to New Delhi by Afghanistan’s Taliban Trade Minister Nooruddin Azizi, who emphasized the need to
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Foxconn and Nvidia Set to Launch $1.4 Billion Taiwan Supercomputing Cluster by H1 2026
Taipei, Taiwan – Foxconn (2317.TW) announced on Friday that its $1.4 billion supercomputing centre, built in collaboration with Nvidia (NVDA.O), will be operational by the first half of 2026. The project will establish Taiwan’s largest advanced GPU cluster and is set to be Asia’s first GB300 AI data centre, according to Neo Yao, CEO of
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Myanmar Junta Cracks Down on Border Scam Centres Amid Global Pressure
Myawaddy, Myanmar – Facing mounting international pressure from the United States, China, and neighboring countries, Myanmar’s junta has launched a major crackdown on online scam centres along its border with Thailand. The move comes after repeated concerns over illegal operations that have defrauded millions worldwide and involved human trafficking, gambling, and cybercrime. According to sources
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Taiwan Distributes Civil Defence Handbook, Calls China a “Regional Troublemaker”
Taipei – Taiwan has begun distributing a new civil defence handbook to households across the island, as tensions with China continue to rise. Lin Fei-fan, Deputy Secretary-General of Taiwan’s National Security Council, personally handed out copies to residents on Friday, describing China as the real regional “troublemaker” and emphasizing the island’s commitment to maintaining peace
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China Deploys ‘Wolf Warrior’ Diplomacy Against Japan Amid Taiwan Tensions
Beijing/Tokyo – China has once again unleashed its aggressive “wolf warrior” diplomacy, targeting Japan over comments by new Prime Minister Sanae Takaichi regarding Taiwan. Chinese diplomats have amplified criticism of Takaichi in multiple countries, particularly those historically affected by Japan’s military actions during World War Two. The latest diplomatic escalation comes two weeks after Takaichi
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China Cancels Japanese Concerts Amid Rising Diplomatic Tensions
Beijing – China has abruptly cancelled a series of concerts featuring Japanese musicians in major cities this week, as diplomatic tensions with Japan escalate over remarks by Japanese Prime Minister Sanae Takaichi regarding potential military responses to a Chinese attack on Taiwan. The cancellations affected a dozen events, including performances by Japanese jazz bassist Yoshio
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Taiwan Lifts Decade-Long Restrictions on Japanese Food Imports
Tokyo – Taiwan has announced the removal of all restrictions on food imports from Japan that were imposed following the 2011 Fukushima nuclear disaster, according to the Japanese government. The decision marks a major step in restoring full trade in Japanese agricultural and food products to Taiwan. The restrictions, in place for more than a
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US Hedge Funds Reduce Stakes in “Magnificent Seven” Stocks Amid Q3 Market Shifts
In a notable shift on Wall Street, some of the largest U.S. hedge funds have reduced their holdings in the so-called “Magnificent Seven” stocks, including Nvidia (NVDA.O), Amazon (AMZN.O), Alphabet (GOOGL.O), and Meta (META.O), during the third quarter of 2025. At the same time, funds diversified into sectors such as application software, e-commerce, and digital
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Trump Administration Unveils Controversial Pacific Coast Oil Drilling Plan
LOS ANGELES, November 20, 2025 – The Trump administration announced a major expansion of offshore oil and gas drilling in U.S. waters, including along California’s iconic coastline, sparking a clash with state officials and environmental groups. The plan aligns with President Trump’s energy dominance agenda, aiming to boost domestic fossil fuel production while overturning the
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