CHINA ROCKET
West Asia crisis fuels crude conflict in Myanmar civil war
Myanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Israeli war on Iran.
US SEC seeks to close Elon Musk, Tesla settlement fund
In a filing in Manhattan federal court, the SEC asked a federal judge to close the Fair Fund, created after Musk settled the SEC case in 2018 charging him with securities fraud for posting on August 7, 2018, that he had "funding secured" to potentially take Tesla private.
China’s high-tech ports push raises global trade ambitions, sparks security concerns
China is expanding its global maritime influence through AI-powered automated ports, smart shipping technologies and digital infrastructure. While these innovations promise greater efficiency, Western governments fear growing dependence on Chinese systems could create security vulnerabilities, geopolitical leverage and risks to critical global supply chains and international trade networks
China, Hong Kong stocks rise as AI shares rally, oil prices slide
Chinese and Hong Kong stocks edged higher as a rally in global technology shares and falling oil prices lifted sentiment. AI-linked stocks led gains, while energy shares declined amid a broader regional market rebound.
Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debuts
Chinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after raising a combined HK$2.36 billion through their IPOs. Denglin opened 0.9% below its offer price, while Xinde gained 20.5%. Both companies plan to use most of the proceeds to expand their semiconductor businesses.
China’s trade surplus tops $1 trillion for second straight year as exports surge
China's trade surplus reached $1.04 trillion in January-October, crossing $1 trillion for a second consecutive year. October exports rose 35.2% year-on-year, while imports grew 41.6%, narrowing the monthly surplus to $105.3 billion. Strong overseas demand is supporting exports, but weak domestic consumption and rising trade tensions pose risks to the outlook.
Tech firms claw back some losses after midterms rout, eyes on Nvidia
Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the Times said.
Pralay missile test: How India's new weapon, twice as fast as BrahMos, could counter China-Pakistan threats and strengthen its upcoming Rocket Force
India's indigenous Pralay missile recently underwent a successful user evaluation trial, moving closer to deployment. With a range of 150 to 500 km, it is designed for precision strikes on military targets. The missile is expected to play a critical role in India's planned Rocket Force, enhancing conventional deterrence capabilities. Additionally, the Pralay missile will complement the BrahMos system, adding operational flexibility to the armed forces.
E30 petrol being sold as E20? Karnataka minister claims oil companies are supplying petrol exceeding the 20% ethanol limit
Karnataka Minister Rizwan Arshad has flagged alleged over-blending of ethanol in petrol after tests found concentrations of up to 31.2% in samples from major oil companies. The state has warned of possible damage to vehicle fuel systems, questioned laboratory disclosures and demanded action, consumer compensation and mandatory display of ethanol percentages at petrol pumps.
Pakistan to deploy 30 Chinese Z-10ME attack helicopters in Himalayan region? Blogger reveals reported deal, features and weapon
A Chinese military blogger has claimed that Pakistan signed a contract for 30 Z-10ME attack helicopters with China, although neither country has officially confirmed the reported deal. The development comes as Islamabad looks to modernise its army aviation fleet. The upgraded helicopters feature high-altitude capabilities, advanced targeting systems, anti-tank missiles and electronic warfare equipment.
NASA's Artemis II rocket punched 3,100-mile-long holes in Earth's atmosphere, disrupted GPS signals: Study
NASA's Artemis II mission created large disturbances in the ionosphere that disrupted GPS signals across the United States. These disturbances were significantly more intense than those from prior rocket launches, causing potential issues for technologies reliant on precise positioning. Researchers noted that even minor positioning errors could impact autonomous vehicles, which rely on GPS data. The mission set new records for human distance from Earth during a lunar flyby.
Isro successfully launches NVS-03 satellite to bolster NavIC constellation
The rocket lifted off from the second launch pad at the Satish Dhawan Space Centre in Sriharikota at 11.51pm. After a flight of around 18 minutes and 40 seconds, the satellite was precisely injected into its designated elliptical orbit.
ISRO's GSLV-F18 successfully places NVS-03 satellite into orbit to strengthen NavIC
Isro successfully launched its GSLV-F18 rocket carrying the 2,250-kg NVS-03 satellite from Sriharikota and confirmed its successful injection into orbit. The mission marks a step towards strengthening India's indigenous NavIC navigation system, with the satellite featuring an indigenous atomic clock and the addition of the L1 frequency signal.
Elon Musk’s SpaceX loses $400 billion in market value in weeks: What’s driving SPCX stock down?
SpaceX market value crash: SpaceX has lost more than $400 billion in market value since October 6, with shares falling below $2 trillion in valuation. The sell-off follows the expiration of a major share lockup and comes amid concerns over Intel’s weak forecast, Starlink scrutiny and potential regulatory hurdles for a reported SpaceX-Tesla merger.
China's secret reusable spaceship spotted in US intelligence report: What we know about this mysterious plane and its mission
A recently declassified US intelligence report has revealed a satellite image that confirms China's reusable spaceplane is currently orbiting. This significant development has sparked concerns about China's expanding capabilities in space and the potential military implications. The spacecraft is noted for its ability to interact with smaller objects during missions, amplifying worries about the competitive landscape of space exploration, as tensions between nations continue to rise.
Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agencies
Iran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network functions despite ongoing US naval blockades and sanctions since the war began. Extensive investigations reveal significant transactions and military logistics supporting their activities. The secretive agencies have been linked to the Islamic Revolutionary Guard Corps and elite controlled businesses.
Mbappe, Real Madrid and La Liga face long road to redemption in China
Kylian Mbappe, Real Madrid and La Liga have apologised after the footballer sparked outrage in China with comments about former leader Mao Zedong. The controversy has led major Chinese brands to cut ties with the French striker, while La Liga matches have been pulled from state broadcaster CCTV. Experts warn that the apologies may not be enough to repair the damage to their reputation and commercial interests in the country.
Kim Jong Un calls for rapid expansion of drone technology and observes weapons tests
North Korean leader Kim Jong Un has called for a rapid expansion of the country's drone technology and oversaw tests of drones, missiles and other weapons, state media reported. The developments come amid rising tensions with South Korea following recent border incidents and renewed weapons activity. Kim's push to strengthen unmanned technology also comes as North Korea seeks to improve its military capabilities and potentially gain leverage in future talks with the US.
China's secretive Shenlong spaceplane: What the US report reveals
A newly released report by the US Defense Intelligence Agency showcases an intriguing image of China's Shenlong spaceplane operating in orbit. Notably, a second spacecraft is docked to Shenlong, prompting speculation about the spaceplane's mission and technological abilities. Concerns have been raised over China's advancing space technologies and counterspace capabilities, with whispers of potential developments in space-based weaponry that could jeopardize international satellite safety.
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