Microsoft Corp regained its spot as the second most valuable US company after a disappointing quarterly report from Amazon.com wiped $65 billion off the online retailer`s market capitalisation.
PM Ranil Wickremesinghe Sacked
Maithripala Sirisena installed Sri Lanka's controversial former strongman leader Mahinda Rajapakse as the country's new Prime Minister, in a shock move that plunged the island into an unprecedented constitutional crisis.
Sirisena's office announced the surprise decision after the president sacked incumbent premier Ranil Wickremesinghe, who insisted that he was still the legitimate prime minister and would fight his dismissal in court.
Oct 27, 2018
Netanyahu Visits Oman
Prime Minister Benjamin Netanyahu has made the first visit to Oman by an Israeli premier in over 20 years in an apparent sign of growing regional ties.
The trip is a major coup for Mr. Netanyahu, who wants to bolster ties with the Arab world despite a stalemate on the Palestinian front.
Koreas to Remove 22 Border Posts
South Korea and North Korea have agreed that each remove 11 guard posts along the heavily-fortified border next month with a goal to possibly remove all of them in the future. The deal made between Generals came as diplomatic thaw between the former wartime foes gathered pace.
Pakistan Plans Its First Manned Space Mission
As per information minister Fawad Chaudhry, Pakistan will send a human to space for the first time in 2022 with China's help, the same year India plans to launch its manned space mission.
China and Japan to Develop New Overseas Markets
Faced with the threat of a trade war with the U.S., China and Japan have decided to work together to develop new overseas markets, by focussing on collaboration instead of competing with each other.
Oct 26, 2018
JuD, FIF No Longer in Banned Terror Outfits' List
United Nations designated terrorist and 26/11 attacks mastermind Hafiz Saeed's Jamaat-ud-Dawa (JuD) and Falah-i-Insaniyat Foundation (FIF) are no longer mentioned in the list of banned outfits after a presidential ordinance that prohibited them under a UN resolution lapsed.
North Korea Wants U.S. to Lift Sanctions
As per reports, a North Korean official has urged the U.S. to immediately lift sanctions against his country, warning that Washington's "confidence-destroying measures" would undermine denuclearisation talks.
The U.S. has insisted on maintaining stringent international sanctions on North Korea until it gives up its nuclear weapons.
China and Japan to Develop Asia Infrastructure
Japanese Prime Minister Shinzo Abe is in China on a reset visit that is expected to trigger significant collaboration between Tokyo and Beijing in developing infrastructure in Asia.
Mr. Abe was accorded a reception at the Great Hall of the People. The function was held to commemorate the 40th anniversary of the China-Japan treaty of friendship.
NATO's Biggest Peacetime Drill
NATO's biggest military manoeuvres since the Cold War have started in Norway in a hypothetical scenario that involves restoring the Scandinavian country's sovereignty after an attack by a "fictitious aggressor".
Russia was briefed by NATO on the Trident Juncture 2018 drill and invited to monitor it.
The war games bring together around 50,000 personnel from all 29 NATO allies, plus partners Finland and Sweden.
Oct 25, 2018
Samsung Partners with NEC
Samsung Electronics has tied up with Tokyo-headquartered global IT infrastructure provider NEC Corp. to explore new 5G business opportunities in the global market.
Explosives Sent to Obama, Clinton Intercepted
Explosive devices were sent to former president Barack Obama, former secretary of state Hillary Clinton and CNN offices in Washington and New York, triggering an investigation into whether a bomber is targeting figures who were the subject of right-wing anger.
The US Secret Service, which guards serving and past presidents, intercepted the packages and none of them reached the principals. The packages have been described as potential explosive devices.
Oct 24, 2018
World's Longest Sea Bridge
Chinese President Xi Jinping inaugurated a 55-km bridge that will deepen the integration of Hong Kong and Macao with the rest of China.
The world's longest sea-crossing bridge at the heart of an integrated Greater Bay Area (GBA) covers 11 major neighbouring cities, which include Hong Kong, Macao, Guangzhou and Shenzhen.