Category: Foreign News
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BOJ Governor Kuroda Signals Continued Monetary Easing Amid Ukraine Crisis and Inflation Concerns
Bank of Japan Governor Haruhiko Kuroda reaffirmed the central bank’s commitment to its ultra-loose monetary policy during a press conference following the BOJ’s latest policy meeting. Despite rising global interest rates, the BOJ kept its short-term rate at -0.1% and maintained its 10-year government bond yield target around 0%. Kuroda highlighted the economic risks posed
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Sudan Paramilitary Attacks Kill at Least 40 as Fighting Spreads in Kordofan Region
At least 40 civilians were killed in an attack by Sudan’s paramilitary Rapid Support Forces (RSF) on the city of el-Obeid, the capital of North Kordofan province, as fighting continues to escalate in Sudan’s ongoing civil war. Local media reports indicate that drone strikes targeted a funeral service in el-Obeid on Monday, causing multiple civilian
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‘Badhai!’ Indians Celebrate Zohran Mamdani’s Historic Win as New York City Mayor
Zohran Mamdani’s election as New York City’s mayor has sparked celebrations across India, with social media lighting up in response to the historic victory. The 34-year-old, Ugandan-born politician, is set to become the city’s youngest mayor in over a century and its first Muslim mayor when he takes office on January 1, 2026. Victory Rally
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Zohran Mamdani Wins Historic New York City Mayoral Race, Faces Major Challenges Ahead
Zohran Mamdani has achieved a historic victory in the New York City mayoral race, becoming the city’s youngest mayor since 1892, its first Muslim mayor, and the first mayor born in Africa. At just 34, Mamdani overcame formidable opponents—including former Governor Andrew Cuomo and Republican Curtis Sliwa—despite limited name recognition, funding, and party backing. Mamdani:
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Cencora to Invest $1 Billion in U.S. Drug Distribution, Raises 2026 Profit Forecast
Philadelphia, U.S. – Cencora Inc (COR.N) announced plans to invest over $1 billion through 2030 to expand its U.S. pharmaceutical distribution network, following a forecast of adjusted 2026 profit above Wall Street expectations. The company will construct a second national distribution center in Harrison, Ohio, alongside new or expanded facilities in California and Alabama, aligning
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Sun Pharma Reports Higher-Than-Expected Quarterly Profit on Strong Domestic Demand
Mumbai, India – Sun Pharmaceutical Industries Ltd (Sun Pharma), India’s largest drugmaker by revenue, surpassed analysts’ expectations with its latest quarterly earnings, driven by robust demand in the domestic market. The Mumbai-based firm reported a consolidated net profit of 31.18 billion rupees ($354.7 million) for the quarter ended September 30, up from 30.4 billion rupees
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Ghana Inflation Falls for 10th Consecutive Month, Hits Lowest Since 2021
Accra, Ghana – Ghana’s consumer inflation continued its downward trend in October, marking the 10th consecutive month of decline. The Ghana Consumer Price Index (CPI) fell to 8.0% year-on-year, down from 9.4% in September, reaching its lowest level since June 2021, according to the country’s statistics service. Government statistician Alhassan Iddrisu attributed the slowdown primarily
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China Launches Initiatives to Boost Imports, Promises “Win-Win Cooperation”
Shanghai, China – China has unveiled a new initiative aimed at increasing imports and positioning the country as a global market powerhouse, even as its trade surplus continues to grow amid tensions with the United States. Despite being a major global exporter, China’s role in global demand has been relatively limited, with imports growing slowly.
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Taiwan Accuses China of Imposing Conditions on APEC 2026 Summit Attendance
Key Points: TAIPEI, Nov 5 (Reuters) – Taiwan’s Foreign Minister, Lin Chia-lung, said Wednesday that China has introduced numerous conditions for Taiwan’s participation in the upcoming APEC 2026 summit in Shenzhen, reversing a previous commitment to allow “equal” participation. The Asia-Pacific Economic Cooperation (APEC) is one of the few international organizations where Taiwan, despite Chinese
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U.S. Proposes Two-Year International Force in Gaza Under Draft UN Resolution
The United States has drafted a United Nations resolution that would authorize a two-year mandate for a transitional governance body and an international stabilization force (ISF) in Gaza, according to a document reviewed by Reuters. The draft, still under development, has been shared with select countries but has not yet been formally circulated to the
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