Graphics: China's economy picks up steam in Q3
US President Donald Trump said on Monday he was open to a three-way meeting with Chinese President Xi Jinping and Russian President Vladimir Putin during his visit to China next month, with nuclear weapons on the agenda. “We would have it to talk about nuclear weapons and denuclearisation,” Trump told reporters outside the White House before travelling to Kansas. “If President Xi wants to have it, I’d have it.” Trump said the proposed meeting was his suggestion and linked it to his November...
US stocks ended mixed on Monday, with the Nasdaq leading gains as chip and AI-linked stocks bounced back after last week’s sharp selloff. Investors also tracked corporate earnings and fresh stock-specific moves, while concerns over AI spending and financing remained in focus.
Five of the world’s space agencies joined forces for the five-year mission that will attempt to land a robotic prospector plus a rover on Phobos, the larger and closer of Mars’ two pint-sized moons. The Japan Aerospace Exploration Agency, which is leading the bold sampling effort, launched the spacecraft before dawn from the country's main spaceport on Tanegashima Island.
On Monday, the RBI announced a Rs 1-lakh-crore variable rate repo (VRR) auction for the first time since late July after the weighted average call rate (WACR) at 5.67% on Monday, or 17 basis points higher than the repo rate of 5.50%. The central bank will conduct another VRR for Rs 50,000 crore on Wednesday.
Dozens of Air China passengers stranded in Cuba by successive cancellations were due to fly out on an extra flight on Monday, as a US oil embargo deepens the island’s energy crisis. The disruption has hit one of Cuba’s last direct air links to Europe, the Chinese carrier’s twice-weekly route between Beijing and Havana via Madrid. Air China added flight CA590 for travellers whose regular CA866 service was cancelled before October 10, the Chinese embassy said in a notice on Sunday. The flight was...
Honduran migration officials have summoned or placed under review 41 Chinese nationals after inspecting shops in the capital and a hospital being built by a state-owned contractor from China in the south of the country. Teams from the National Migration Institute, working with police and intelligence officers, interviewed 86 Chinese citizens at 54 shops in Comayaguela, Tegucigalpa’s twin city and main commercial district, and told 25 of them to report for further document checks. Migration...
India's government will consult stakeholders on measures to mitigate the impact of Chinese export constraints. China recently imposed new restrictions on heavy machinery, such as tunnel boring machines, set to take effect soon. Indian officials assert that there should be no significant slowdown in highway development despite these curbs. The domestic construction industry is becoming increasingly self-sufficient regarding general equipment needs.
The finance ministry is launching a campaign to saturate financial schemes across various local bodies. This initiative will reach 2.70 lakh gram panchayats and urban local bodies throughout India. Banks are expected to organize camps for enrolments and Aadhaar seeding for key schemes. The campaign will also involve updating nominations in savings accounts and providing other financial facilities.
Zelenskyy is grappling with recent Washington moves benefiting Russian President Vladimir Putin, including waiving U.S. sanctions on Moscow and signing a deal to import diesel from Moscow.
