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India has begun work to boost reservoir holding capacity at two hydroelectric projects in the India-occupied Kashmir, sources with knowledge of the matter told Reuters, after fresh escalation with Pakistan led it to suspend the Indus Waters Treaty. Tensions between the two countries have spiked following the April 22 attack in occupied Kashmir’s Pahalgam that killed 26 people, mostly tourists, marking one of the deadliest assaults in the region since 2000. India has implied cross-border links without evidence, while Pakistan vehemently rejected the allegation and called for a neutral probe. A “reservoir flushing” process to remove sediment began on Thursday,…

Foreign Minister Olivier Nduhungirehe says the ‘ongoing’ discussions are ‘still in the early stages’.Rwanda’s foreign minister has confirmed his country has entered discussions to receive immigrants deported from the United States, less than a year after a similar plan with Britain fell through. “It has not yet reached a stage where we can say exactly how things will proceed, but the talks are ongoing,” Olivier Nduhungirehe told state broadcaster Rwanda TV in an  interview late on Sunday. “Still in the early stages.” Last week, US Secretary of State Marco Rubio said he was searching for more countries to take in…

Foreign Minister Olivier Nduhungirehe says the ‘ongoing’ discussions are ‘still in the early stages’.Rwanda’s foreign minister has confirmed his country has entered discussions to receive immigrants deported from the United States, less than a year after a similar plan with Britain fell through. “It has not yet reached a stage where we can say exactly how things will proceed, but the talks are ongoing,” Olivier Nduhungirehe told state broadcaster Rwanda TV in an  interview late on Sunday. “Still in the early stages.” Last week, US Secretary of State Marco Rubio said he was searching for more countries to take in…

Global rating agency Moody’s on Monday said that escalating tensions between India and Pakistan would weigh on Pakistan’s economic growth. An attack on April 22 in occupied Kashmir’s Pahalgam killed 26 people, mostly tourists, in one of the deadliest assaults since 2000. India has implied cross-border links without evidence, while Pakistan has rejected the claim and called for a neutral probe. Tensions have since spiked, with Pakistan reinforcing its forces as it expected an incursion and India’s premier granting “operational freedom” to his military. As temperatures remain high, with the military warning of a “swift” response to any misadventure by…

In a future conflict over Taiwan, Beijing’s sixth-generation fighter could block the airspace to foreign bases in Guam for up to two hours from 1,000km away, according to a mainland Chinese military magazine.The goal involving the next-gen fighter was created in view of People’s Liberation Army weaknesses against the American B-21 stealth bomber in a conflict within the first island chain, it said. The ginkgo leaf-shaped fighter is unofficially dubbed the J-36 and is in development by the PLA.According to the article in Shipborne Weapons, a publication owned by China Shipbuilding Industry Corporation, when the sixth-generation fighter is in service,…

Beneath the bustling streets of major South Korean cities, vast underground malls have become an integral part of urban life, but several sinkhole incidents across the country have raised concerns about the safety of this subterranean network.A prime example is the sprawling GOTO Mall beneath the express bus terminal station in Seoul, a major transfer hub between three subway lines.The 880-metre-long underground mall street attracts many visitors to its 630 stores, ranging from restaurants and grocery stores to medical clinics. There are also unstaffed stores running 24 hours a day, including pet supply shops and print centres.Fears about the structural…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldBankers are urging US companies to tap debt markets now to fend off the risk that Donald Trump’s trade war sets off another wave of market tumult that makes borrowing more challenging. US corporate lending markets have stabilised markedly since Trump triggered steep falls in asset prices with his April 2 announcement of big tariffs on trading partners. Yields on speculative rated US bonds have eased to 7.84 per cent from a high of 8.65 per cent on April 7,…

Bao Jianmin, a CIC veteran with experience in private equity, international investment and real asset investments, is now listed as part of the management team at Citic, where he serves as deputy general manager and a member of the Communist Party committee.The profile of the 57-year-old on Citic’s website shows that Bao held multiple roles at CIC. He is still listed as a member of the executive committee and a director of the private-equity investment department at CIC, suggesting the move could be very recent. Personnel reshuffling among state-owned enterprises is a common practice.According to the limited public information about…

Bao Jianmin, a CIC veteran with experience in private equity, international investment and real asset investments, is now listed as part of the management team at Citic, where he serves as deputy general manager and a member of the Communist Party committee.The profile of the 57-year-old on Citic’s website shows that Bao held multiple roles at CIC. He is still listed as a member of the executive committee and a director of the private-equity investment department at CIC, suggesting the move could be very recent. Personnel reshuffling among state-owned enterprises is a common practice.According to the limited public information about…

Bao Jianmin, a CIC veteran with experience in private equity, international investment and real asset investments, is now listed as part of the management team at Citic, where he serves as deputy general manager and a member of the Communist Party committee.The profile of the 57-year-old on Citic’s website shows that Bao held multiple roles at CIC. He is still listed as a member of the executive committee and a director of the private-equity investment department at CIC, suggesting the move could be very recent. Personnel reshuffling among state-owned enterprises is a common practice.According to the limited public information about…