Chinese companies including Tencent take a hit of $75 billion following US sanctions

Chinese companies including Tencent take a hit of $75 billion following US sanctions

Hongkong/Washington: – Chinese companies have taken a major hit following the sanctions imposed by US President Donald Trump. It has been reported that leading Chinese companies from the information technology sector, including Tencent, have suffered losses of $75 billion. Tencent, one of the top 10 companies in the world, is believed to have taken a […]

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Indian Foreign Minister holds talks with foreign ministers of five other countries

Indian Foreign Minister holds talks with foreign ministers of five other countries

New Delhi: Indian Foreign Minister s Jaishankar held talks with Foreign Ministers of the United States, Israel, Australia, Brazil, and South Korea. It is being said that these talks were pertaining to increasing cooperation to counter the Coronavirus pandemic. But the importance of these collective talks between the Foreign Ministers of six countries, after a […]

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Saudi expanding secret nuclear facility with assistance from China, reports US media

Saudi expanding secret nuclear facility with assistance from China, reports US media

Washington: It is being revealed that Saudi, the closest ally of the United States in the Gulf, is running a secret nuclear program with assistance from China. The US newspaper The Wall Street Journal carried this report. Another newspaper claimed that the US intelligence agencies have started investigating the Saudi nuclear program, following this report. […]

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US President announces sanctions against Chinese apps TikTok and WeChat

US President announces sanctions against Chinese apps TikTok and WeChat

Washington: US President announced sanctions against the main Chinese apps TikTok and WeChat. President Trump, through an executive order, issued on Thursday night, announced that both these apps have been a timeline of 45 days. On Wednesday, US Secretary of State, Mike Pompeo, announced a ‘Clean Network Program’ to reduce the Chinese influence in the […]

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US sanctions against Iran will also apply to China if it signs $400 bn trade deal, says US Secretary of State

US sanctions against Iran will also apply to China if it signs $400 bn trade deal, says US Secretary of State

Washington: US Secretary of State, Mike Pompeo, warned that if China signed the USD 400 billion agreement with Iran, all the sanctions applicable to Iran would also become relevant to China. Sanctions will be imposed against the Chinese Communist Party and companies connected with it. Pompeo also alleged that the China-Iran agreement would create instability […]

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US to make sanctions more comprehensive against Iran

US to make sanctions more comprehensive against Iran

Washington/Tehran: US Secretary of State, Mike Pompeo, announced that the scope of sanctions, related to the Iranian nuclear and missiles program and military, will be increased. The US announcement came after Iran destroyed the replica of a US warship, during the war exercises in the Strait of Hormuz. Meanwhile, Iranian supremo Ayatollah Khamenei clarified that […]

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US-China relations to escalate as embassies shut down, rise in movements of US fighter jets near China

US-China relations to escalate as embassies shut down, rise in movements of US fighter jets near China

Washington/ Beijing: On Monday, the Chinese security agency captured the US embassy in Chengdu. The Chinese Foreign Ministry has supported this decision, which is a retaliation to the shutdown of the Chinese embassy in Houston. The US and China have initiated action against each other’s embassies. Moreover, this will broaden the area of conflict between […]

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