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Japan expands military build-up against China with US stand in doubt

For the first time, Japan sent destroyers through the Taiwan Strait on two occasions in recent months

UK taps Ukraine lessons to invest GBP 1 billion into warfare systems

In its strategic defense review, expected to be published in full next week, the UK will also set up a new Cyber and Electromagnetic Command to protect military networks

Donald Trump asks Harvard to cap foreign student enrollment at 15%

Trump's comments come as the administration pushes the school and other academic institutions to change many of their policies

Elite colleges go on $4 bn debt spree after Donald Trump's threats

Harvard University, the face of the fight, has boosted its debt load 16% after a bond sale in April

China's development lender AIIB plans to open Singapore, Hong Kong offices

The bank may announce the move at its annual meeting in June if it can finalise the host member agreements with their respective governments

Opec+ to gather for quota review before key decision on July output

The more market-sensitive discussion on whether to continue their 411,000 barrel-a-day hikes, which have sent prices crashing over the past two months, will be finalised in a video conference

US risks future by curbing foreign students, warns Raghuram Rajan

Rajan warned that squeezing foreign students could impact job growth, noting that companies like Alphabet Inc's Google employ thousands, thanks in part to immigration-linked talent pipelines

Germany to introduce legislation to abolish fast-track path to citizenship

The cabinet is expected on Wednesday to approve a bill put forth by Interior Minister Alexander Dobrindt to get rid of expedited citizenship

University of California next target of Donald Trump's antisemitism probe

The University of California abhors antisemitism and is working to eradicate it across the system, said Rachel Zaentz, senior director of strategic and critical communications

US govt set to get golden share in US Steel-Nippon Steel acquisition deal

The plan, which would give the government de facto veto rights on certain company decisions and appointments, is part of ongoing talks between authorities and the companies

Elon Musk must face lawsuit over power as Trump's aide, says judge

The judge found that the Trump administration had adopted a perverse reading of the US Constitution's system of checks and balances and appeared to sanction unlimited executive power

Pete Hegseth imposes fresh restrictions on reporter access to Pentagon

Hegseth said he was imposing the restrictions to protect classified national intelligence information, or CNSI

Japan loses world's top creditor spot to Germany after 34-year reign

Japan's net external assets hit ¥533.05 trillion ($3.7 trillion) in 2024, a 13% rise from last year, but it was surpassed by Germany, which now leads in net external assets

HDB Financial Services likely to get Sebi nod for $1.5 billion IPO

The Securities and Exchange Board of India's approval is set to be made public in the coming weeks, the people said, asking not to be named discussing a private matter

Donald Trump's Golden Dome risks 'space nuclear war,' says North Korea

Last month, Trump said he plans to reach out to North Korea "at some point" and reiterated that he has a "very good relationship" with leader Kim Jong Un

King Charles visits Canada amid Trump's calls for 51st state status

The pageantry of the occasion also came with subtle nods to the fraught politics, coming after Trump's repeated calls for Canada to become the 51st US state

National Stock Exchange offers $118 mn to settle Sebi case, revive IPO

The NSE in October paid Rs 6,400 crore to the regulator to settle a case involving alleged unfair access to its trading platform

Shorter Indian bonds set to gain further on RBI's record dividend payout

The yield on the five-year note has declined more than 50 basis points since April 1, outpacing the 33 basis-point decline on the 10-year note

Israel eying to take over 75% of Gaza in two months as war intensifies

The offensive is aimed at finally defeating Hamas, or forcing the exile of its leadership, and pressing the militant group to release the remaining hostages taken in Hamas' attack on Oct 7, 2023

Chinese electric trucks, machines set to build global cities of future

Work vehicles have tended to fly below the radar in discussions of urban emissions, but their vast size and power requirements give them a disproportionate share of engine pollution