CHINESE MILITARY AGGRESSION
Why is market rising today? Sensex soars 1,300 pts, Nifty above 25,400 as explosive rally continues. 4 factors behind Rs 6 lakh cr gains
Indian equity markets extended their bullish momentum on Wednesday, with the Sensex and Nifty rising over 1% each. Sustained foreign institutional investor (FII) buying and supportive market factors boosted investor sentiment, strengthening the ongoing rally and reinforcing optimism across Dalal Street amid continued market gains.
China and ASEAN make progress on South China Sea pact
The last major sticking points are the geographic scope to be covered by the agreement, the definition of sensitive terms and whether the accord should be legally binding or not, according to the three diplomats. They spoke on condition of anonymity and without elaborating because they were not authorized to discuss the issues in public.
Jensen Huang case: Nvidia CEO love affair scandal revives push for tougher US line on China
Huang, who co-founded Nvidia and turned it into the world's leading supplier of the processors that power artificial intelligence, admitted on Sunday to an affair with Alice Huang, a former executive at Singapore-based Megaspeed whom US intelligence officials believe was working for Chinese intelligence.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening. Rising Treasury yields and weakness in technology stocks, particularly Nvidia, weighed on the market, while investors also assessed hawkish Fed comments and Anthropic’s upcoming IPO.
Nifty bulls reclaim 25,000 mark as FIIs step up India buying: 5 factors that will determine D-Street's fate next week
Indian equities rallied nearly 9% last week as the Nifty reclaimed 25,000 and the Sensex gained 8.82%. FIIs bought Rs 45,960 crore, while DIIs sold Rs 24,197 crore. Investors will track AI stocks, crude oil, geopolitical developments, US Treasury yields, India's October inflation data and Nifty technical levels in the coming week.
Mecca pact with Pakistan creates uproar in Turkey parliament: MPs ask why risking Turkish youth for foreign governments' political ambitions
Türkiye has approved a defense pact with Pakistan and Saudi Arabia that commits to mutual assistance. This agreement may lead to Turkish support if Pakistan faces conflict with India. Critics in Türkiye have expressed concerns over the implications for national security commitments. The pact includes a ten-year clause preventing member withdrawal, which raises flexibility questions. Parliamentary approval is required before sending Turkish troops, but concerns about political pressure remain.
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US and Japan to establish a Japanese facility for joint missile production
The United States and Japan have decided to establish a facility for joint missile production in a strategic partnership. Japanese Defense Minister Shinjiro Koizumi highlighted the importance of this venture in addressing regional security concerns. Both nations aim to enhance their defense cooperation against rising threats, particularly regarding China's assertiveness in Asia. Additionally, discussions emphasized the significance of maintaining a rules-based international order in the region.
China says it is 'safeguarding order' around Taiwan-controlled South China Sea atoll
China has claimed it has sovereignty over the Pratas Islands, located strategically in the South China Sea. The Chinese coast guard has been patrolling these waters to enforce what it describes as law enforcement. Taiwan has rejected these claims, insisting that only its people can decide their future. Taiwan's officials believe that Beijing's policy towards the island is becoming more aggressive.
The Asian Games with more athletes than the Olympics close in Japan and head to Qatar in 2030
The Asian Games held in Nagoya featured 11,000 athletes from 45 countries and regions. China topped the medal table with 169 gold medals while Japan and South Korea followed. Various sports, including kurash and kabaddi, highlighted regional talents alongside Olympic prospects. Despite organizational challenges, the games showcased significant athletic performances and set the stage for future events. The next Asian Games will take place in Doha, Qatar in 2030.
Trump, Xi seek steadier US-China ties, focus on trade, AI and security
Donald Trump and Xi Jinping aim to strengthen US-China relations by focusing on cooperation in trade and technology. The two leaders have plans to discuss artificial intelligence, security, and trade balance during their meetings. Xi Jinping emphasized the importance of people-to-people exchanges and proposed inviting young Americans to China for cultural exchange. Both leaders acknowledged the intertwined interests of their countries while avoiding conflict is a priority.
Key issues for this week's Trump-Xi summit in Washington
President Trump welcomes Chinese leader Xi Jinping for crucial talks this week. They seek stability in a relationship strained by trade and global issues. Key discussions will focus on trade tariffs and potential agricultural deals. Taiwan's status and China's role in Iran's economy are also on the agenda. Artificial intelligence cooperation and competition will be another significant topic.
China’s defence chief warns against ‘historical revisionism’ in apparent Japan message
China's Defence Minister Dong Jun urged nations to avoid provocative acts and historical revisionism. He spoke at the Beijing Xiangshan Forum amid regional tensions over Taiwan and the South China Sea. Dong called for a multipolar world marked by partnership rather than alliances. He warned against actions that seek personal gain or benefit particular cliques. The forum occurs before President Xi Jinping's expected visit to the United States.
BRICS 2026: A declaration, no roadmap
India displayed diplomatic strength by forging consensus for the New Delhi Declaration. Member nations hold differing perspectives on BRICS's future direction and goals. China's influence is evident as it prepares for its upcoming chairmanship of the grouping. The declaration reiterates support for UNSC reform without setting a clear timeline. BRICS members aim to shape global rules rather than merely follow them.
'Calibrated capitulation': Congress slams PM Modi after his meeting with Xi Jinping
The Congress party has questioned Prime Minister Narendra Modi's approach to India-China relations. They accused the Prime Minister of "calibrated capitulation" to China. The party raised concerns about territorial advances and trade deficits with China. Prime Minister Modi recently met with Chinese President Xi Jinping at the BRICS summit. Both leaders expressed a desire for steady progress in bilateral ties.
Border peace essential for India-China ties: PM Modi to President Xi
Prime Minister Narendra Modi and Chinese President Xi Jinping on Saturday reaffirmed the need for a strategic, long-term perspective in India-China ties, with Modi stressing that peace and tranquillity along the frontier remain essential. The leaders also discussed border agreements, trade imbalances, supply chains, market access and a fair resolution of the boundary question.
Quote of the day by Sun Tzu: 'Ultimate excellence lies not in winning every battle, but in defeating the enemy without...' - Ancient Chinese military strategist and author of The Art of War’s timeless lesson on why the greatest victories are often won without conflict
Sun Tzu, the ancient strategist, profoundly emphasized the significance of preparation and intelligence for achieving strategic victories. His insights prioritize accomplishing goals with the least conflict and financial burden. In contemporary settings, this guidance proves invaluable for addressing business and personal hurdles alike. By fostering adaptability and situational awareness, Sun Tzu's enduring wisdom continues to steer decision-makers toward effective leadership on the global stage.
Russia, China, Taiwan and Japan's World War Two legacy dispute
Russia's film screening in Taiwan has raised government concerns about China's narrative. The film focused on Japanese militarism and World War Two history. China views the war as a heroic struggle against Japanese aggression. Taiwan argues Beijing claims credit for a war fought before its founding. Disputes over historical interpretations fuel regional tensions and diplomatic friction.
‘China needs to learn some decency’: Philippine Defence Chief publicly shames China's note to him while he was speaking during Seoul forum. Watch
Philippine Defence Secretary Gilberto C. Teodoro publicly criticised China after a note outlining Beijing’s position on the South China Sea arbitration was handed to him during his speech at the Seoul Defence Dialogue. Teodoro called the move disrespectful and accused China of coercion, bullying and aggression.
Shipping nations warn global trade is fracturing — and everyone pays
The Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example of the global consequences of a regional conflict.
US accuses Chinese AI firms of 'malicious' copying of AI technology
The Chinese companies copied U.S. AI labs' intellectual property through a technique known as distillation, according to a statement from U.S. law enforcement and intelligence officials. Distillation is the process of training smaller AI models using output from larger, more expensive ones as part of an effort to lower the costs of training a new AI tool.
Indian, Chinese armies hold talks focusing on maintaining peace along LAC
Indian and Chinese armies reviewed the Line of Actual Control situation. This meeting occurred days after Special Representative talks in Beijing. The focus was maintaining peace and tranquillity along the frontier. Aggressive military posturing by Chinese troops was also reported. Both sides aim to rebuild relations after past clashes.
NSA Doval arrives in Beijing for talks with Chinese FM Wang Yi on boundary issue
China and India are set to hold crucial border talks in Beijing this Tuesday. This high-stakes meeting aims to de-escalate tensions and find a resolution to ongoing disputes along their shared frontier. Both nations are hoping for productive discussions to maintain peace and stability in the region.
Russia-China joint naval exercises trigger panic in NATO Bloc; World War 3 fears increase across the world
The Russia-China joint naval exercises has worried the NATO bloc which has recently met at Washington DC. In recent times, Chinese aggression has led to adverse outcomes and has trigged fears of a World War 3.
China building solar, hydro projects with new military bases built near LAC with India
The military stand-off between India and China has been going on for more than three years now after the Chinese try to unilaterally change the status quo at the LAC in Eastern Ladakh through large-scale aggression.
US military complains of unsafe, aggressive move by Chinese fighter jet
The Chinese J-16 fighter pilot "flew directly in front of the nose of the RC-135," which was conducting routine operations in international airspace last Friday, U.S. Indo-Pacific Command said in a statement. It called the Chinese move an " unnecessarily aggressive maneuver."
Bipartisan Congressional provision condemning China's military aggression towards India becomes law in US
The US House of Representatives and the Senate on December 15 passed the $740 billion NDAA, which included key components of Indian-American Congressman Raja Krishnamoorthi's resolution language urging the Chinese government to end its military aggression against India along the LAC.
US lawmakers pass legislation urging China to de-escalate situation with India along LAC
The legislation on Tuesday came a day after the House unanimously passed an amendment to the National Defense Authorization Act (NDAA), slamming China's aggression against India in the Galwan Valley and its growing territorial assertiveness in and around disputed areas like the South China Sea.
China's actions in Ladakh part of large-scale military provocations against neighbours: US lawmaker
Congressman Ted Yoho said that now is the time for the world to come together and tell China that enough is enough. The Indian and Chinese militaries are engaged in a border standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh.
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