On Saturday, a top party official from the Japanese government said, Tokyo’s economic security strategy will revolve around the two pillars of “strategic autonomy and indispensability”. The comments come at a time when Japan is facing an increasingly belligerent China…. Read More ›
Economy & Finance
British Foreign Minister to strengthen defense trade, tech and security with India
In a statement on Saturday, Britain’s Foreign Minister Liz Truss said, London is making stronger security and defence partnerships with India. Her statement comes at a time when she is on an official visit to the country. According to a… Read More ›
China’s BYD and CATL defer building dedicated factory for Apple citing political tensions
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
WTO members should support intellectual property waiver to ensure equitable access to vaccines: White House
The White House has called on all members of the World Trade Organization to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and… Read More ›
US will defend Taiwan if attacked: US President Joe Biden
In a significant development, US President Joe Biden stated, the United States will defend Taiwan from any aggression and has a legal commitment to defend the island nation China claims as its own. In a statement the White House said,… Read More ›
EU adopts resolution to deepen economic ties with Taiwan
On Thursday, the European Union adopted a resolution to deepen economic ties with Taiwan. Interestingly, a similar deal with China has been put on hold. The European Parliament voted 580 to 26 votes, backing a non-binding resolution requesting the European… Read More ›
Lebanon’s central bank under forensic audit: Lebanese President Michel Aoun
On Thursday, in a tweet, Lebanese President Michel Aoun said, Alvarez & Marsal has begun a forensic audit of the Lebanon’s central bank. The tweet indicates a fresh thrust for Lebanon in its efforts to secure foreign aid midst a… Read More ›
British foreign minister Liz Truss to pursue trade deal with Gulf countries in her visit to Saudi Arabia and Qatar
British foreign minister Liz Truss will be travelling to Qatar and Saudi Arabia this week to pursue a potential trade deal with Gulf countries as well as to deepen diplomatic ties. During her visit, Truss will meet her Saudi counterpart… Read More ›
Achieving Zero-Carbon Shipping By 2040 Pledged By Amazon, Ikea And Unilever
An aggressive target of moving their cargo only on ships using zero-carbon fuel by 2040 has been pledged to be achieved by nine big companies including Amazon, Ikea and Unilever. The companies have said that this aim will also be… Read More ›
$17.5 Bln To Be Spent By Japan’s Mitsubishi By 2030 To Drive Emission Reduction
Investments to the tune of 2 trillion yen ($17.54 billion) in development of alternative energies such as renewables and hydrogen will be made by Japanese company Mitsubishi Corp by 2030, the company said on Monday, and added that this will… Read More ›