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Posted on October 17, 2024

China urges India to handle Taiwan issue cautiously after Mumbai office opening

China urged India on Thursday to handle Taiwan issues with caution and avoid interference in the improvement of Sino-India relations following the opening of another Taiwan de facto consulate in …
Posted on October 17, 2024

Nokia Cuts Almost 2,000 China Jobs Amid Difficult Telecom Market

Nokia Oyj is to cut almost 2,000 jobs in China, as part of a sweeping cost-reduction program as the Finnish company grapples with a sluggish telecom equipment market, according to a person familiar with the matter.
Posted on October 17, 2024

Japan’s Ishiba sends offering to Yasukuni Shrine, angering S.Korea, China

Japanese Prime Minister Shigeru Ishiba sent an offering to Tokyo’s Yasukuni Shrine, his office said on Thursday, drawing criticism from South Korea and China which view the shrine as a symbol of Japan’s militaristic past.
Posted on October 17, 2024

China woes drag down Pernod Ricard’s Q1 sales

French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year despite reporting a worse-than-expected 5.9% fall in first quarter sales, caused partly …
Posted on October 17, 2024

China Developer Sunac to Raise $155 Million in Top-Up Placement

Sunac China Holdings Ltd. will raise about HK$1.2 billion ($155 million) through placements, the first time in a year that the developer is doing an equity fundraising.
Posted on October 17, 2024

India Sees Risk That Canada Will Charge Government Officials

India’s government is considering the risk that senior officials could face court charges if a diplomatic fallout with Canada worsens, Indian officials familiar with the matter said.
Posted on October 16, 2024

‘China is our enemy’: GOP lawmaker shoots down Chinese spy balloon in new ad

It’s a callback to when a suspected Chinese spy balloon entered U.S. airspace and subsequently floated across multiple states, at a level low enough to be seen with the naked eye, before being shot …
Posted on October 16, 2024

China Issues Nuclear Weapons Statement on Anniversary of Atomic Bomb Test

According to a report published by the Stockholm International Peace Research Institute (SIPRI), China has the third largest military nuclear stockpile in the world as of January.
Posted on October 16, 2024

China’s Xi Makes Rare Visit to Taiwan-Facing Province

China’s leader did not comment on the recent military exercises during his visit to the region, according to the Xinhua News Agency.
Posted on October 16, 2024

China’s investors are counting on fiscal stimulus

Returning to their offices and workplaces last week from the National Day break, China’s investing public had just one thing on their minds: the stock market. Within 20 minutes of the market opening,

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