China sanctions 7 US military companies and officials

The United States recently announced significant military assistance and arms sales to the Taiwan Strait. In response, China has imposed sanctions on 7 US military companies and relevant senior officials. China’s Foreign Ministry said in a statement on Friday. The Chinese Foreign Ministry announced that it will take retaliatory measures against 7 US military companies […]

Read More

India considers cutting personal income tax to lift consumption

India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February’s budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters. The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living […]

Read More

Israel detains 240 Palestinians including medics after Gaza hospital raid

Israeli forces detained more than 240 Palestinians including dozens of medical staff and the director of a north Gaza hospital they raided on Friday, according to the Health Ministry in the enclave and Israel’s military. The Health Ministry said it was concerned about the well-being of Hussam Abu Safiya, director of the Kamal Adwan Hospital, […]

Read More

China investigates beef imports as oversupply squeezes prices

China will launch an investigation into beef imports, the commerce ministry said on Friday, as the world’s biggest meat importer and consumer grapples with an oversupplied market that has sent domestic prices to multi-year lows. Any trade measures to try to reduce beef imports would hit China’s largest suppliers, Brazil, Argentina and Australia. China’s total […]

Read More

Oil prices edge higher on hopes for more China stimulus

Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by 0450 GMT. U.S. West Texas Intermediate crude […]

Read More

Afghan Taliban forces target ‘several points’ in Pakistan in retaliation for airstrikes

Afghan Taliban forces targeted “several points” in neighbouring Pakistan, Afghanistan’s defence ministry said on Saturday, days after Pakistani aircraft carried out aerial bombardment inside Afghanistan. The statement from the Defence Ministry did not specify Pakistan but said the strikes were conducted “beyond the ‘hypothetical line’” – an expression used by Afghan authorities to refer to […]

Read More

Bangladesh needs ‘balanced relations’ with India, China, US: Touhid Hossain

Bangladesh must maintain “balanced relations” with India, China, and the United States, as all three nations hold strategic importance for the country, Foreign Affairs Adviser Md Touhid Hossain said today (28 December). “Bangladesh holds interests in all countries, and it’s crucial for us to remember this,” he said during a national dialogue hosted by the […]

Read More

India unlikely to extradite Hasina: Economic Times report

Bangladesh interim government’s request to India to extradite former prime minister Sheikh Hasina faces multiple hurdles, including the bilateral extradition treaty, reports Economic Times (ET). Citing people in the know, ET reported that India is unlikely to “sacrifice” one of its closest allies considering the geopolitical factors. As per the India-Bangladesh extradition treaty, requests “political […]

Read More