US VS CHINA
Diwali Patakha from China: The world's fireworks capital is reinventing its centuries-old industry
Liuyang in China's Hunan province is a significant hub for global fireworks production. The county supplies around 60% of the domestic fireworks market and 70% of exports. This industry has evolved to incorporate advanced technology, like digital ignition and AI. Although safety measures have improved since past catastrophic incidents, risks still exist.
Buying gold this Dhanteras: Gold price down by 18% from record high, can it recover to January peak next year?
Dhanteras Gold Price return: Gold rates have seen a sharp decline after scaling to a record high earlier this year, resulting in varied investment outcomes. With Dhanteras on the horizon, many buyers are hopeful for profits despite the market's fluctuations. Experts recommend a cautious approach, favouring staggered purchases over lump sum investments. Looking ahead, price predictions suggest that global economic factors will play a significant role in shaping future gold values, making it crucial for investors to stay informed.
Silver ETFs jump up to 6%, white metal reclaims $51 as Democrats win US midterms. What should investors do?
Silver ETFs rallied up to 6% as silver prices rebounded above $50 an ounce following the Democrats' US midterm election victory. Experts advise investors against chasing the recovery, citing volatility, uncertain industrial demand and the possibility of further price swings.
Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciation
China’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign exchange reserve requirements. The moves signal Beijing’s efforts to moderate the currency’s rapid appreciation.
Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reserves
China's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency appreciation. The move comes amid concerns over export competitiveness and follows strong gains in the yuan during October.
Yuan hovers near four-year high as investors eye US midterm elections
China’s yuan traded near a more than four-year high against the US dollar, supported by expectations of further appreciation. Investors tracked the central bank’s currency guidance, policy measures and potential market implications of the US midterm elections.
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North Carolina NC-11 Election 2026: Democrat Jamie Ager faces Republican Jennifer Balkcom in race for US House seat
North Carolina 11th Congressional District election 2026: North Carolina’s 11th Congressional District will see Democrat Jamie Ager face Republican Jennifer Balkcom and Libertarian Travis Groo in the November 3 election. The Republican nomination changed hands after incumbent Chuck Edwards withdrew from the race on August 5, 2026, following a House Ethics Committee recommendation to censure him over allegations of inappropriate behaviour towards female staffers.
See data centres less as energy-sucking private warehouses, and more as quasi-public utilities
We need data centres. They run far more than ChatGPT. Search, banking, streaming, social networks, cloud software, government services, hospitals and almost every company's digital operations depend on them. AI simply raises the requirement dramatically. Google says its Vizag hub will provide new subsea connectivity for India. IEA says electricity use by AI-focused data centres jumped 50% in 2025. A country without serious compute infrastructure risks becoming a consumer, rather than a producer, of the AI revolution.
Lula's 4th term offers fresh push to India-Brazil ties
Luiz Inacio Lula da Silva's fourth Presidential term is expected to enhance India-Brazil relations significantly. His personal commitment to strengthening ties with New Delhi aligns with the need for UN Security Council reforms. Brazil's National Security Advisor, Celso Amorim, visited India to solidify their strategic partnership after the BRICS Summit. Lula's past state visit initiated landmark cooperation, particularly in rare earth resources critical for India's growth.
Global Market: Yuan holds near four-year high as China tempers appreciation pace
China’s yuan held near a four-year high against the US dollar as the central bank moderated its daily fixing. Export-related demand and stronger industrial profits supported the currency, while global markets awaited key central bank decisions.
Trumpism’s Midterm Crisis: Can MAGA survive the backlash against Trump?
As the US midterm elections approach, they stand as a significant gauge of Donald Trump's impact on Republican candidates. Rising gas prices and economic challenges are at the forefront of voters' minds, shaping their preferences. Those in competitive races are striving to distance themselves from Trump's legacy. On the Democratic side, hopes are high for seat gains, particularly in crucial battleground states like Texas and Kansas.
After US DeepSeek order, China says it will protect firms
China consistently opposes the over-generalisation of national security as well as the politicisation of science, technology and trade issues, said Mao Ning, a foreign ministry spokesperson, in response to a question about the US move.
5 stocks with consistent score improvement and upside potential of up to 29 % in 1 year, according to analysts
Look at how the market treated the stock of a large FMCG stock – one the best wealth creators of the past – just because it mentioned the risk of rising input costs. It shows what the underlying sentiment on the street is like.
Rafale beats China’s J-16 fighter in Egypt’s ‘Eagles of Civilization’ exercise, Chinese pilots accept fighter jet’s edge in dogfight: Report
During an exercise between Egypt and China, the Egyptian Air Force’s Rafale fighter jets reportedly demonstrated better performance than China’s J-16 aircraft in simulated close-range dogfights. Defence Security Asia highlighted the Rafale’s manoeuvrability and rapid nose-pointing capabilities, although publicly available results do not establish how consistently the French-made fighters outperformed their Chinese counterparts.
Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currency
China’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement. However, elevated US Treasury yields and geopolitical tensions limited gains. The PBOC set its strongest midpoint since February 2023, while analysts expect modest appreciation amid trade surpluses and policy uncertainty.
Inches, not just percentages: India’s GDP is rising, but a four-inch gap with China tells another story
Current debates in India often focus on GDP growth figures, which can misrepresent the actual development landscape. While GDP is a useful measure, it does not adequately reflect the quality of life improvements. Recent data shows a persistent height gap between Indian and Chinese teenagers, indicating nutritional disparities. Poverty rates in India have decreased, yet issues like childhood stunting remain significant.
Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlook
China's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade tensions, China's widening yield disadvantage and concerns over export demand could limit further gains.
Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claims
The Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy amid European Union trade negotiations, rejecting undervaluation claims. Supported by strong exports and foreign capital inflows, the yuan has gained 4.4% this year, with authorities favouring stability and gradual appreciation.
Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for them
Many travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overlooked charges can hike trip costs by 25-40%, creating budget overruns. It's vital to include local transport, dining, and extra fees in your budget to avoid unexpected financial surprises. Employing effective budgeting techniques ensures a smoother and more enjoyable experience abroad.
Brazil Election 2026 results: Flavio Bolsonaro, Luiz Inacio Lula da Silva fail to win Presidential polls, Brazil heads for runoff. Check date, procedure, what will happen now
Brazil Election results: Both Luiz Inacio Lula da Silva and Flavio Bolsonaro will have three weeks to reach moderate voters who did not support them in the first round. Ronaldo Caiado and Renan Santos, two candidates who found moderate support in Sunday’s election, have previously said they will not endorse either bidder in the runoff.
Taiwan bolsters defences against China as first batch of F-16V fighter jets to arrive
Taiwan is set to receive its first two F-16V fighter jets from a delayed US order for 66 aircraft, strengthening its air force amid rising Chinese military pressure. The $8 billion Lockheed Martin deal, approved in 2019, will expand Taiwan’s F-16 fleet beyond 200 jets. Delivery has faced software and other production-related delays, raising concerns over US arms commitments.
‘India’s biotech ecosystem holds tremendous promise’: Eli Lilly CEO
Eli Lilly has experienced significant growth, reaching a market capitalization over $1 trillion. The company aims to maintain its leadership in anti-obesity drugs through ongoing innovation and development. With successful trials for drugs like retatrutide and Foundayo, Lilly is expanding its product offerings. The company recognizes the importance of India as a growing market for healthcare investments and partnerships.
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbs
Huawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models feature Huawei's Kirin 9050 Pro chip, utilizing an innovative LogicFolding architecture. As smartphone prices rise in China, Huawei has adjusted its pricing strategy to stay competitive in the market. While Apple's new foldable phone enters the market, Huawei maintains a dominant share in foldable phones.
UFC 332 Live Streaming: Natalia Silva, Wang Cong battle for women’s flyweight title - Check Preview, Date, Time, Main Fight Card and More Details
UFC 332 is scheduled to bring exciting fights to Salt Lake City on October 3. The main event features Natalia Silva competing against Wang Cong for the vacant women's flyweight championship. Several notable bouts, including Deiveson Figueiredo versus Payton Talbott, are part of the main card. Early prelims begin at 4 PM ET, followed by prelims at 6 PM ET.
US Navy sets its eyes on F/A-XX 6th Gen fighter as Boeing wins the award: here’s a look at the other similar jets in the making and which country is ahead; cost, specifications and features
Boeing’s F/A-XX will replace the US Navy’s F/A-18E/F Super Hornets and operate alongside the F-35C. Here’s a look at its expected range, cost and design, and where China’s J-36, GCAP and FCAS stand in the sixth-generation fighter race.
Xiaomi 18 Pro Max vs iPhone 18 Pro Max: Key differences in specs, cameras, battery and price
Xiaomi's 18 Pro Max emerges as a formidable contender against Apple's iPhone 18 Pro Max, boasting cutting-edge features and specifications. The showdown between these flagship devices reveals notable distinctions in battery life, charging efficiency, and camera performance.
Sun Pharma signs major deal with LIB Therapeutics of US, gains access to $3.7-bn global market for bad cholesterol inhibitor PCSK9
Sun Pharma has signed an exclusive agreement with LIB Therapeutics for Lerodalcibep, a cholesterol-lowering medication. This deal covers all markets globally except for the United States and China. Lerodalcibep, a once-monthly PCSK9 inhibitor, will be marketed under the name Lyrokaul in Europe.
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