Global World Citizen
Modi to Be Sworn In as India’s Prime Minister Despite Election Setback
Narendra Modi will be sworn in as India’s prime minister for a third consecutive term on Sunday, extending his leadership for another five years despite an electoral setback that compels him to share power for the first time.
India-Pakistan T20 Showdown in New York Today: Everything You Need to Know About the Biggest Cricket Game of the Year
India’s men’s cricket team will take on arch-rival Pakistan in a group-stage match at the ICC Twenty20 World Cup in Long Island, New York, on Sunday. This highly anticipated clash is expected to be one of the most-watched sporting events of the year.
Here are five essential updates to kickstart your day in Asia:
Efforts are underway to minimize tensions between Iran and Israel following a thwarted attack by Iran, involving over 300 drones and missiles. While Israel and its allies managed to foil the assault, both nations acknowledge a shift in their rivalry. Iran warns of potential future attacks, prompting Israel to vow retaliation against any aggressor. US officials and allies are now focused on preventing Israel’s response from escalating further.
Germany Surpasses Japan to Become the World’s Third-Largest Economy
Germany Surpasses Japan to Become Third-Largest Economy Amid Yen Depreciation
Official data released on Thursday revealed a slower growth in Japan’s economy at 1.9 percent in 2023, leading to Germany overtaking Japan as the world’s third-largest economy.
Report: India Considers Allowing Four Public Sector Banks to Pursue Stake Sales in H1 of FY25
According to a report from The Economic Times (ET), the Indian government is considering allowing four state-owned banks to access the capital market to raise funds during the fiscal year 2025.
Paytm, India's Payment Gateway, Rejects Allegations of Forex Norm Violations Following RBI Action
One97 Communications, the parent company of Paytm, is currently under scrutiny by the Reserve Bank of India (RBI) for alleged irregularities in its payment bank operations. The company has refuted reports suggesting that it is facing a regulatory probe to investigate potential violations of foreign exchange norms.
China's incoming top envoy pledges a fresh approach to the United States
In a discreet visit to Washington, a 59-year-old Chinese career diplomat, Liu Jianchao, has pledged to transform China’s image of “wolf warrior” diplomacy and enhance cooperation between China and the United States.
Arms Agendas: Every Taiwanese Party Pursued Increased Defense Capabilities
The presidential and parliamentary elections held in Taiwan on January 13 were, in many ways, the most consequential in the Indo-Pacific region this year. Although larger countries like Indonesia and India will have elections with more voters, Taiwan’s election provides unique insights.
India Sets Sights on $61 Billion Export Opportunity in UAE, Saudi Arabia, Qatar, and Egypt
India has significant opportunities to enhance trade relations with the UAE, Saudi Arabia, Qatar, and other countries in the coming years, according to an analysis by HSBC.
Investors and businesses in India and across the Middle East, North Africa, and Türkiye (MENAT) region are poised for a decade of increased potential, as indicated by a recent report from HSBC.
Japan's Existential Concern: Earthquakes
In the summer of 1689, the poet Matsuo Basho departed from the port town of Sakata in Yamagata Prefecture, embarking on a northward journey along the Sea of Japan. His destination was Kisakata, an inlet adorned with around 100 small, pine-covered islands, renowned for its natural beauty since the Heian Period (794-1185).
Singaporean Leaders Honor the Late Banking Magnate Wee Cho Yaw
SINGAPORE: Former UOB chairman and CEO, Wee Cho Yaw, was a “titan of Singapore’s banking industry,” said Prime Minister Lee Hsien Loong on Sunday (Feb 4), as he led the tributes to the late businessman.
Mr. Wee died at the age of 95, Singapore bank UOB announced on Saturday. He helmed the bank for more than 60 years before retiring from the board in 2018.
Amazon Faces Accusations of Unlawful Monopoly by US Government
The Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the online behemoth of unlawfully sustaining monopoly power. The FTC claims that Amazon employs “a set of interlocking anticompetitive and unfair strategies” to inflate prices and suppress competition.
Apple Inc. plans to disband a 121-member team involved in artificial intelligence operations in San Diego, putting numerous employees at risk of termination, as reported by individuals familiar with the situation.
Security Expert Raises Alarm Over Privacy Following Federal Search of Phone at Airport
Sam Curry, a renowned security researcher based in the U.S., has raised concerns over a chilling effect on security research after he was detained and questioned by federal agents at Dulles International Airport in Washington DC