As tensions escalate between China and Japan, Beijing has issued an unprecedented order barring rare earth elements and other exports to Japan in response to comments made by Sanae Takaichi, Japan’s Minister of Economic Security. Her words have been widely perceived as criticisms of Chinese military ambitions and actions and this ban from Beijing represents...
Article Category: Business
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China Achieves $1 Trillion Trade Surplus Despite Decline in US Exports
China recently reported an impressive record trade surplus exceeding $1 trillion despite seeing exports to its top trading partner, the United States, decline significantly. This milestone highlights China’s dominance in global trade despite challenges to key markets like the US. Figures released by its General Administration of Customs have caused concern about whether its economy...
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India’s largest conglomerate puts a stop to Russian oil imports in the face of global tensions
In a major shift in the strategy of energy trade, Reliance Industries Limited (RIL) the largest conglomerate in India in terms of market capitalization, and an important player in refining, announced that it will no longer import crude oil that comes from Rosneft along with other Russian suppliers to support its refinery’s export-oriented operations in...
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Will US and China Reach an Agreeable Agreement Over TikTok?
After years of geopolitical tension and regulatory unpredictability, the United States and China may soon reach an agreement that allows TikTok to remain operational in America. This landmark deal, scheduled to be finalized during a summit between President Donald Trump and Chinese President Xi Jinping in South Korea later this month, represents a critical moment...
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Asif Vowed to Turn PIA Profitable As It Resumpted UK Flights After Five Year Break
Pakistan International Airlines (PIA) recently marked a significant step forward in their international operations when they resumed direct flights from Islamabad to Manchester using a Boeing 777 aircraft on October 25, 2025, marking a key achievement. This flight, known as PK-701 departed Islamabad with passengers aboard it on October 25th 2025 using Geo News as...
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EU Agrees to Gradually End Russian Gas Imports by January 2028
In a significant step towards reducing its dependence on Russian energy sources, the European Union (EU) has agreed to gradually phase out Russian natural gas imports by January 2028. This decision marks a pivotal moment in the EU’s strategy to diversify its energy supply and ensure energy security in the face of geopolitical tensions exacerbated...
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PAF to Showcase JF-17 Thunder Block-III Fighter Jets at Combat Exercise in Azerbaijan
The Pakistan Air Force (PAF) is set to showcase its advanced JF-17 Thunder Block-III fighter jets at a major international combat exercise in Azerbaijan later this month. This event marks a significant moment for Pakistan’s defense capabilities and its growing cooperation with friendly countries in the region. Showcasing Advanced Air Power According to PAF officials,...
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China Says It Didn’t Reignite Trade Tensions with the US, Trump Did
In recent months, there has been a lot of talk about trade tensions between China and the United States. The two biggest economies in the world have had a complicated relationship, with disputes over tariffs, trade policies, and other economic issues. Recently, China has made a statement saying it did not reignite these trade tensions;...
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China’s Unwanted Bitcoin Miners may Move to Canada
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