On Monday, in a statement Bank of Japan Governor Haruhiko Kuroda said, woes revolving around China’s property sector are unlikely to trigger a global shock since the country was not saddled with huge external debt. “We don’t expect China’s property… Read More ›
Day: November 15, 2021
Samsung’s vice chair Jay Y. Lee visits US as it weighs where to build $17 billion US chip plant
Jay Y. Lee, the vice chairman of Samsung Electronics is visiting North America following an imminent decision by the company to build a $17 billion US plant in the U.S. Lee is scheduled to visit the Unites States and Canada. Earlier… Read More ›
Ukraine to speed up construction of naval base at Berdyansk, sees Russian threat to shipping
In a statement Ukraine said, it aims to speed up the construction of a naval base at the port of Berdyansk to prevent a gradual Russian attempt to take control of the Sea of Azov that flows past Crimea. Earlier… Read More ›
EU to broaden sanctions on Belarus on Monday
In a statement the European Union’s foreign policy chief Josep Borrell said, on Monday EU foreign ministers will widen sanctions on Belarus to include airlines and travel agencies involved in bringing migrants to the bloc’s border. The EU has accused… Read More ›
Russia starts delivery of S-400 air missile system to India
In a statement the head of Russia’s military cooperation agency said, Moscow has commenced delivery of the S-400 air defence missile systems to India, non-withstanding threat of US sanctions. The commencement of deliveries of Russian weapons to India places New… Read More ›
US repatriates former BOC branch president suspected in embezzlement to China
In a statement China’s anti-graft watchdog said, a former president of a domestic branch of Bank of China who is a suspect in an embezzlement, has been repatriated to China after fleeing to the U.S.. In a statement China’s Central… Read More ›
Russia showcases Sukhoi Su-75 Checkmate as cost effective alternative to US F-35 at Dubai Airshow
Even as the United Arab Emirates is set to purchase US F-35 fighter jets, Russia is showing off the prototype of its latest fifth-generation fighter plane at the Dubai Airshow. Unveiled in July, the showcasing of the Sukhoi Su-75 Checkmate… Read More ›