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Posted on August 12, 2026

Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader

Retired Rear Adm. Mark Montgomery warns Russia is giving China submarine quieting technology that could erode a key U.S. Navy undersea advantage.

Posted on August 12, 2026

Hong Kong property recovery faces new risk as Beijing widens offshore tax net

Potential taxation of offshore property income could curb mainland demand, while weaker insurance activity hits decentralised office markets. ( read original story ...)

Posted on August 12, 2026

China races to solve $148 billion property threat as leases end

Almost all urban land in China is owned by the state. The government wrote the current rules for leasing that land around the early 1990s, granting leases of 40 years for plots that house shopping ... ( read original story ...)

Posted on August 12, 2026

India plans insurance reforms to rein in healthcare costs, sources say

By Ashwin Manikandan MUMBAI, Aug 12 (Reuters) - India is weighing wide-ranging reforms of health insurance, from benchmarked treatment rates to a nationwide claims exchange, as it looks to boost ...

Posted on August 12, 2026

India’s inflation accelerates to 4.45% in July, raising hopes of a rate hike later this year

India’s consumer price inflation increased to 4.45% in July from 4.38% in June. India's food and transport inflation jumped by over 5% and over 7%, respectively in July. The Reserve Bank of India ...

Posted on August 12, 2026

India’s Tata shares extend losses after Chandrasekaran resigns

By Surbhi Misra Aug 12 (Reuters) - Tata Group stocks extended their fall to more than 5% on Wednesday, dragging Indian equity benchmarks, after Tata Sons Chairman N. Chandrasekaran resigned, sparking ...

Posted on August 12, 2026

India News Live Updates, 12 August 2026: Bengal CM directs police action over derogatory remarks against Netaji

Karnataka Chief Minister DK Shivakumar allocated portfolios to Cabinet Ministers, with Zameer Ahmed Khan being assigned the Housing portfolio. As part of the Cabinet reshuffle, Ramalinga Reddy has ...

Posted on August 12, 2026

India’s inflation accelerates to 4.45%, but unlikely to shift RBI rate outlook

By Shubham Batra NEW DELHI, Aug 12 (Reuters) - India's retail inflation accelerated in July, led by higher food prices, to a pace that is still unlikely to push the central bank to hike interest rates ...

Posted on August 12, 2026

Zhu Rongji, who helped turn China into a trading giant, dies at 97

Zhu brought China into the WTO and championed reforms that fuelled growth.

Posted on August 12, 2026

Ex-Chinese premier Zhu Rongji, who drove economic reforms and led China into the WTO, dies at 97

Former Chinese Premier Zhu Rongji has died, according to state media. The impatient, sharp-tongued reformer helped ignite China’s explosive economic boom by forcing wrenching change on state industry ...

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