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US futures sluggish ahead of Fed rate decision

By MediaIntel.Asia

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U.S. futures dipped Wednesday ahead of the Fed’s 19-member policy committee meeting, where benchmark interest rates are expected to be lifted to the highest level in about 15 years.
Futures…

Markets settle marginally higher ahead of Budget, US Fed’s rate decision

By MediaIntel.Asia

Equity benchmarks ended with marginal gains on Tuesday as investors adopted a cautious approach ahead of the Union Budget presentation and the US Federal Reserve’s interest rate decision.
Fag-end buying helped the 30-share BSE benchmark Sensex settle …

China’s ‘reusable’ hypersonic missile interceptor inspired by MIT & NASA

By MediaIntel.Asia

When the assault is over, “the aircraft can then return to an airport and be prepared for its next mission,” claimed the researchers
The aircraft uses ground radar and early warning satellite systems that enable it to forecast the trajectory of approa…

Taiwan Strait: Are US-China gambling or guardrailing?

By ChinaPulse.com

At a press conference on 11 January 2023, US Secretary of Defense Lloyd Austin said that a Chinese invasion of Taiwan was not imminent. The statement conforms to a pattern where China and the US are prioritising engagement to dial down the heat.……

Taiwan Strait: Are US-China gambling or guardrailing?

By MediaIntel.Asia

At a press conference on 11 January 2023, US Secretary of Defense Lloyd Austin said that a Chinese invasion of Taiwan was not imminent. The statement conforms to a pattern where China and the US are prioritising engagement to dial down the heat. But a…

Vacations within China over Lunar New Year break surge after lifting of Covid-19 curbs

By MediaIntel.Asia

Beijing: The number of people making trips inside China over the week-long Lunar New Year holiday surged 74% from last year after authorities scrapped COVID-19 curbs that had stifled travel for three years, media reported on Saturday.
An estimated 226…

Call for China to release protesters detained in demonstrations against zero-Covid policy

By ChinaPulse.com

A protest in Beijing, China in November 2022. Human Rights Watch has called for the immediate release of everyone who was detained in connection with demonstrations against China’s zero-Covid policy. Photograph: Mark R Cristino/EPA
A number of pe…

Next up for Elon Musk: Crucial Tesla earnings and outlook

By MediaIntel.Asia

New York CNN —
Tesla is expected to report record earnings after the bell Wednesday, but it might not be enough to satisfy anxious investors.
The company is facing growing doubts about its business after disappointing sales and a series of price cuts …

Electricity consumption in China set to rise by 6 per cent this year

By ChinaPulse.com

New Delhi: Electricity consumption in China is set to rise by 6 per cent this year.
According to a report in the South China Morning Post, “In 2023, China’s economic operation as a whole is expected to recover, driving the growth rate of electricity co…

Buffalo horns, enzyme drinks: How Chinese influencers treat COVID

By ChinaPulse.com

News stories and social media posts on COVID-19 advice from Chinese health officials are being regularly lambasted with comments questioning their credibility, after many went from warning about the dangers of COVID-19 to downplaying its seriousness wi…