South Korea scrambles fighter jets as fighter jets from China and Russia penetrate air defense zone

SEOUL, Nov 30 (Reuters) – The South Korean military said it scrambled warplanes when two Chinese and six Russian warplanes entered the air defense zone on Wednesday. The two Chinese H-6 bombers repeatedly entered and exited the Korea Air Defense Identification Zone (KADIZ) off the south and northeast coasts of South Korea from about 05:50 … Read more

Chinese astronauts board space station in historic mission

Shenzhou-15 marks the last of 11 missions since April 2021 in space station construction Shenzhou-15 crew takes over for Shenzhou-14 astronauts on the space station Chinese space station will become second permanently inhabited outpost after NASA-led ISS BEIJING, Nov. 30 (Reuters) – Three Chinese astronauts arrived at the Chinese space station on Wednesday for the … Read more

Exclusive: The US and Russia have used their military hotline once so far during the war in Ukraine

WASHINGTON, Nov 28 (Reuters) – A communication line between the militaries of the United States and Russia at the start of Moscow’s war against Ukraine has so far been used only once, a US official told Reuters. The official, who spoke on condition of anonymity, said the United States has issued a call through the … Read more

China real estate sector soars with fundraising support, but COVID protests cloud outlook

HONG KONG, Nov 29 (Reuters) – Shares and bonds of Chinese property developers surged on Tuesday after regulators lifted a ban on stock refinancing for listed companies, the latest bailout for a cash-stricken sector that has been a key pillar of the worldwide No. 2 economy. The move will make it easier for developers to … Read more

Exclusive: South Korea’s Yoon Warns of Unprecedented Response to North Korea Nuclear Test, Calls on China to Do More

SEOUL, Nov 29 (Reuters) – South Korean President Yoon Suk-yeol warned of an unprecedented concerted response with allies if North Korea goes ahead with a nuclear test, and urged China to restrain the north from continuing the banned development of nuclear weapons and missiles. . In an extensive interview with Reuters on Monday, Yoon called … Read more

Indian Stocks Brave Global Weakness, On Oil Drop To Close At New High

BENGALURU, Nov 28 (Reuters) – Indian stocks rose for a fifth session in a row on Monday, with both benchmark indices hitting record highs, led by profits at oil marketing firms as crude oil prices fell after protests in major Chinese cities against the strict zero -COVID- policy. The NSE Nifty 50 index (.NSEI) rose … Read more

Protesters and police clash over Adani harbor in Kerala, India; more than 80 injured

Billionaire Adani mega seaport project hit by protests Police clash with protesters late on Sunday as tensions rise Dispute over harbor construction causing coastal erosion Adani says it has all the necessary approvals for port development KOCHI, India Nov. 28 (Reuters) – More than 80 people were injured in India as villagers protesting the halt … Read more

The global oil market is signaling near-term weakness ahead of the EU ban on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about reduced crude oil demand and oversupply in the market in the coming months. After months of strength, crude futures are flirting with lows not seen all year as China, the largest oil consumer, introduces … Read more

China’s industrial profits continue to fall as COVID woes take its toll on the economy

Jan-Oct industrial profit -3.0% yr/yr versus -2.3% in Jan-Sept Risks of domestic COVID outbreaks and global recession highlighted BEIJING, Nov 27 (Reuters) – Chinese industrial companies saw aggregate profits fall further in the January-October period as COVID-19 outbreaks flared and cities imposed new virus restrictions, including targeted lockdowns, dampening economic activity. Industrial profits fell 3.0% … Read more

India’s first private rocket company aims to cut satellite costs

BENGALURU, Nov 26 (Reuters) – The startup behind India’s first private space launch plans to launch a satellite into orbit by 2023 and expects to be able to do so at half the cost of established launch companies, the founders said from Skyroot Aerospace to Reuters in an interview. The Hyderabad-based company, backed by Singapore’s … Read more