Tag: Region Asias

U.S. announces $138 million in military sales of Hawk missile systems support for Ukraine

WASHINGTON (AP) — The State Department has greenlighted an emergency $138 million in foreign military sales for Ukraine to provide critical repairs and spare parts for Kyiv’s Hawk missile systems. The U.S. announced the move Tuesday saying that Ukraine has an urgent need for the maintenance support to keep the missile system running. The announcement follows a similar, small-sized round…

Canada’s spy agency reveals Chinese interference in 2 elections won by Justin Trudeau

Canada’s domestic spy agency has determined that China interfered in the last two elections, according to testimony in an official probe on Monday, providing the strongest evidence to date of suspected Chinese involvement in Canadian politics. Canadian Prime Minister Justin Trudeau’s Liberal Party emerged victorious in both the 2019 and 2021 elections. Under pressure from opposition legislators concerned about media…

Serbia says it’s close to a deal to buy French-made fighter jets. That would be a shift from Russia

Serbia is close to signing a deal on the purchase of 12 French Rafale multi-purpose fighter jets, the Serbian president announced Tuesday, in what would mark a shift from its traditional military supplier Russia. President Aleksandar Vucic spoke during his two-day visit to Paris and talks with French President Emmanuel Macron as well as French defense officials including Rafale manufacturer…

Turkey imposes trade restrictions over Gaza war after branding Israel a terrorist state

ISTANBUL: Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza, covering a range of products including cement and steel and iron construction materials. The new measures come a day after Turkey said Israel had blocked its attempt to airdrop aid to Gaza. “This decision will remain in place until Israel declares a ceasefire…

China investigates senior executive at top defence group, China Electronics Technology

Chinese anti-corruption authorities are investigating a senior executive at one of the country’s top military equipment suppliers, China Electronics Technology Group Corporation, in a new sign of turmoil in the country’s defence establishment. The probe into He Wenzhong, deputy general manager of CETC, a company subject to US sanctions, follows a shake-up of the armed forces last year, when the…

Blackstone nears buyout of beauty giant L’Occitane

  LONDON – Blackstone is nearing a deal to take L’Occitane International private, according to people familiar with the matter, potentially ending the global cosmetics and skincare giant’s 14-year run on Hong Kong’s stock exchange. The private equity firm may team up with L’Occitane’s billionaire owner Reinold Geiger for the buyout, said one of the people. An announcement could come…

Nicaragua suing Germany for genocide complicity, supplying arms to Israel

Nicaragua, a longstanding supporter of the Palestinian cause, is broadening the legal battle over the Gaza conflict at the International Court of Justice by bringing a case against Germany, a major supplier of arms to Israel. In hearings that opened on Monday in The Hague, Nicaragua argued that Germany is facilitating the commission of genocide in Gaza and violating the…

Gold retreats as robust US data dampens rate cut expectations

Gold fell on April 8 after closing at a record high last week, as investors weigh a strong US jobs report that saw traders unwinding bets for steep US Federal Reserve rate cuts in 2024. The precious metal fell as much as 1.2 per cent in early Asian hours, pressured by a rise in Treasury yields after US payrolls rose…

Credit Suisse takes fight over $1 billion awarded to billionaire to Singapore’s top court

A unit of defunct lender Credit Suisse will seek to overturn an order to pay US$743 million (S$1 billion) to a billionaire client over the actions of a notorious rogue banker at Singapore’s top court on April 8. The sum was awarded after a lower court earlier ruled that the bank’s trust had failed to safeguard the assets of Bidzina…

Shell, Aramco in final stage of talks to buy Temasek-owned Pavilion Energy

  Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned liquefied natural gas (LNG) trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process, three sources with knowledge of the matter said. The potential sale comes a decade after the Singapore state investment firm set up Pavilion Energy to focus…

Your embassies not safe after Syria strike, Iran warns Israel

JERUSALEM: A top Iranian military adviser on Sunday warned Israel that none of its embassies were safe following last week’s strike in Damascus blamed on Israel that killed two elite Iranian generals. Regional tensions threaten to draw West Asia into a wider conflict as Israel’s war against Hamas marks six months. The remarks by General Rahim Safavi, a military adviser…

Israeli Politician Suggests Israel Will Use Nukes If America Stops Supplying Weapons Aid

Israeli MK Nissim Vaturi, a representative in Prime Minister Benjamin Netanyahu’s ruling Likud party, issued a not-so-veiled threat on Saturday suggesting that if America doesn’t supply Israel with weapons aid then Israel will use nuclear weapons. “In the event of a conflict with Iran, if we do not receive American ammunition – we will have to use everything we have…”…

China is giving Russia geospatial intel, says US

The US is warning allies that China has stepped up its support for Russia, including by providing geospatial intelligence, to help Moscow in its war against Ukraine. Amid signs of continued military integration between the two nations, China has provided Russia with satellite imagery for military purposes, as well as microelectronics and machine tools for tanks, according to people familiar…

Israel says its strike that killed aid workers was a mistake. Rights groups say it was no anomaly

CAIRO (AP) — Two basic mistakes, according to the Israeli military. First, an officer overlooked a message detailing the vehicles in the convoy. Second, a spotter saw something in one car – possibly a bag – that he thought was a weapon. Officials say the result was the series of Israeli drone strikes that killed seven aid workers on a…

Palestinian Authority To Request Vote on UN Member-state Status

The Palestinian Authority (PA), the internationally recognized representative of the Palestinian people, has taken the first steps in requesting an official vote of approval on its United Nations membership status, a letter from the body’s UN representative revealed on Tuesday. Based on documents seen by wire service AFP, the PA’s UN liaison, Riyad Mansour, penned a letter to Secretary-General Antonio…

IDF Admits to Misidentification in Strike That Killed Humanitarian Workers in Gaza

IDF Chief of Staff Herzi Halevi issued an apology early Wednesday for a devastating Israeli strike on an aid convoy in Gaza that resulted in the deaths of seven humanitarian workers, labeling the event as a consequence of “misidentification.” According to Halevi, the IDF has already conducted a preliminary examination of the strike. “I want to be very clear—the strike…