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☆ At least 24 killed in Pakistan train station suicide blast, Balochistan militants claim responsibility
▼ + stars: | 2024-11-09 | by ( Sophia Saifi | Asim Khan | ) edition.cnn.com time to read: +1 min

CNN —A suicide bombing at a train station in southwestern Pakistan on Friday killed at least 24 people, according to a senior local government official. Another 53 people were injured in the attack in the city of Quetta, Commissioner Hamza Shafqaat said in a statement. “Explosion at the railway station was a suicide bombing,” the statement said. The blast happened on a platform at the city’s main railway station at about 9 a.m., Senior Police Superintendent Muhammad Baloch said. The province’s Chief Minister Sarfraz Bugti has ordered an inquiry into the incident.

Persons: Hamza Shafqaat, Muhammad Baloch, Sarfraz Bugti, Shehbaz Sharif Organizations: CNN, Baloch Liberation, Senior, Security Locations: Pakistan, Quetta, Balochistan, China, Karachi

☆ Toyota aims to ramp up China production in a strategy pivot, sources say
▼ + stars: | 2024-11-09 | by ( ) www.cnbc.com time to read: +2 min

Nelson Ching | Bloomberg | Getty ImagesIt aims to boost production to as much as 3 million vehicles a year by the end of the decade, two of the people said. The bigger number represents a 63% increase on the record 1.84 million vehicles it produced in China in 2022. Last year it produced 1.75 million vehicles there. In response to questions from Reuters, Toyota said in a statement: "With the intense competition in the Chinese market, we are constantly considering various initiatives". It said it would continue to work on making "ever-better cars" for the Chinese market.

Persons: Nelson Ching Organizations: Toyota, Bloomberg, Getty, Reuters, EV Locations: China, Beijing, Jiangsu

☆ China consumer prices rise slowest in 4 months, despite stimulus
▼ + stars: | 2024-11-09 | by ( ) www.cnbc.com time to read: +1 min

People purchasing fruit at an agricultural trade market on May 11, 2024 in Lianyungang, Jiangsu Province of China. China's consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus to support the sputtering economy. Analysts say the package will likely do little to boost economic activity, demand and prices in the near term. However, core inflation, excluding volatile food and fuel prices, rose 0.2% in October, accelerating from 0.1% in September. China's central bank in late September unveiled the most aggressive monetary support measures since the COVID-19 pandemic to revive economic growth.

Persons: Bruce Pang Organizations: National Bureau, Statistics, JLL Locations: Lianyungang, Jiangsu Province, China, Beijing, China's

☆ China's stimulus plans are choking the profitability of its megabanks, analysts say
▼ + stars: | 2024-11-08 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

A man on a mobile phone walks past a Bank of China Ltd. branch in Guangzhou, Guangdong Province, China, on Thursday, March 27, 2014. China's largest state-owned banks are likely to see their record low profit margins decline even further as Beijing's broader stimulus package comes into play, analysts say. Still, that was 18 basis points lower from the beginning of this year. At the end of June, overall commercial bank margins dropped to 1.54%, a record low, according to official data from the national financial regulatory administration. They see NIM for state-owned banks contracting by 15-25 basis points in 2024, and "mid- to- high single-digit basis points" next year.

Persons: Agricultural Bank of China —, NIM, Karen Wu Organizations: Bank of China Ltd, — Industrial, Commercial Bank of China, China Construction Bank, Bank of China, Agricultural Bank of, Bank of, CNBC, Morningstar Locations: Guangzhou, Guangdong Province, China, China's, Agricultural Bank of China, Bank of China, Beijing

Hurricane Rafael has turned to the west after lashing Cuba where it knocked out the country’s electrical grid, leaving its 10 million residents in the dark. Rafael will continue to move away from western Cuba on Thursday and will weaken over the central Gulf of Mexico. “On the forecast track, Rafael is expected to move over the southern Gulf of Mexico for the next few days,” the National Hurricane Center said. A man walks through a darkened street due to a blackout after the pass of hurricane Rafael in Havana, on Wednesday. I hope all the power will be restored when the storm is over,” Havana resident Mabel Suarez told Reuters.

Persons: Rafael, Yamil Lage, Mabel Suarez Organizations: National Hurricane Center, Locals, Reuters, ”, The Associated Press Locations: Cuba, Cuban, Artemisa, Key West , Florida, Mexico, “, Havana, AFP, Florida, ” Havana

☆ Cliffside café in China serves death-defying $56 coffee with a view of Taiwan
▼ + stars: | 2024-11-07 | by ( Lilit Marcus | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Ye Kunkun spent 398 yuan (about $56) on a special iced Americano at a rural café in southeastern China. Xue Ke, the café owner, told CNN that they receive about 50 visitors on weekdays and double that on weekends. Xue Ke, the owner of Gushi Cliff Coffee, climbs on the cliff face. “This was one of my considerations when choosing the site.”Coastal views near Gushi Cliff Coffee in Fuzhou, southeastern China. While both Ye and Lin were satisfied with the service, they paused when it came to the price tag.

Persons: Ye Kunkun, Ye, rungs, “, ” Ye, Coffee, Cliff, ”, Xue Ke, Cliff Coffee, Xue, –, Spiderman, Lin Jiaxin, ” Lin Jiaxin, ” Lin, wilder, Lin, I’ll Organizations: Hong Kong CNN, Americano, CNN, China’s, Golden Locations: Hong Kong, China, it’s, – Gushi, Fuzhou, Fujian, Cliff, Taiwan Strait, Taiwan, Gushi Cliff Coffee

☆ China October exports record highest jump in 19 months, imports decline more than expected
▼ + stars: | 2024-11-07 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

China's exports in October rose at their fastest pace in 19 months, sharply beating analysts' estimates, according to data from the country's customs agency on Thursday. Exports rose by 12.7% in October from a year ago in U.S. dollar terms, their highest jump since March 2023, according to LSEG data. Analysts had pegged exports growth at 5.2% year on year in October, according to a Reuters poll. Analysts had forecast a decline of 1.5% in October exports, according to a Reuters poll. The world's second-largest economy has been grappling with weakening domestic consumption and a protracted property crisis, with exports being a rare bright spot.

Persons: Bruce Pang Organizations: Analysts, JLL, CNBC Locations: Qingdao Port, Shandong province, Qingdao, China, Greater China

☆ Economic upheaval and political opportunity – what Trump’s return could mean for China
▼ + stars: | 2024-11-07 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

“Trump’s return to power will certainly bring greater opportunities and greater risks for China,” said Shen Dingli, a foreign policy analyst in Shanghai. AFP/Getty ImagesChallenges and opportunitiesBut Trump’s “America First” agenda and transactional worldview may also play in Beijing’s favor, experts say. “Although Beijing is deeply concerned about the unpredictability of Trump’s China policy, it reminds itself that challenges also bring opportunities,” said Tong Zhao, senior fellow at the Carnegie Endowment for International Peace. “If the US and Russia ease relations, it could create greater daylight between Russia and China, effectively driving a wedge between them.” Liu said. “From everything he has said, it’s clear that Trump considers China, not Russia, as the main adversary.”

Persons: Donald Trump, “, ”, Shen Dingli, Xi Jinping, Trump, Xi, “ Trump, Liu Dongshu, Jim Watson, Larry Hu, Kamala Harris, Daniel Russel, Russel, Barack Obama, Tong Zhao, Joe Biden, Arleigh Burke, Halsey, Ismael Martinez, China’s, he’s, ” Zhao, Vladimir Putin, Liu, ” Liu Organizations: Hong Kong CNN, Foreign, Chinese Foreign Ministry, City University of Hong, Getty, Huawei, Investment, Macquarie, Republican, Asia Society Policy Institute, Shipping, Carnegie Endowment, International, NATO, Asian Nato, Trump, US Navy, U.S . Navy, AP, Russia Beijing, Communist Party, Industry, Wall Street Locations: Hong Kong, China, United States, Beijing, Shanghai, America, City University of Hong Kong, Lago, Florida, AFP, Asia, Lianyungang, China's Jiangsu, Europe, Western, Russia, Asian, Taiwan Strait, AP Taiwan, Taiwan, Washington, Ukraine

☆ What Trump’s historic election victory means for the global economy
▼ + stars: | 2024-11-07 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Nurphoto | Nurphoto | Getty ImagesDonald Trump's election victory over Vice President Kamala Harris marks a historic return to the White House — an extraordinary political comeback that is likely to have seismic ramifications for the global economy. The former president's litany of campaign pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements. Trump's favorite wordTrump has previously described "tariff" as his favorite word, calling it "the most beautiful word in the dictionary." And we don't see Trump's secondary tariff pledge — that baseline tariff, which would hurt European companies — as being all that feasible," Galbraith said. Analysts have warned that Trump's plan to impose universal tariffs are highly likely to raise prices for consumers and slow spending.

Persons: Donald Trump's, Kamala Harris, Trump, Lizzy Galbraith, Abrdn, Galbraith, CNBC's, Donald Trump, Ben May, Mitchell Reiss Organizations: Nurphoto, Getty, European Union, Bloomberg, Trump, Oxford Economics, Signum Global Advisors, Macquarie Group, Royal United Services Institute Locations: Binzhou, China, Florida, U.S, Mexico, Greensboro , North Carolina, Ukraine, Europe, Asia, Qingdao Port, Shandong province, Qingdao, American

☆ China urges U.S. cooperation as Trump trade threat looms
▼ + stars: | 2024-11-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House. She was responding to a question about China's views and planned countermeasures, given the potential for increased U.S. tariffs and restrictions on high-end tech. "Together [we can] push China-U.S. economic and trade relations toward a stable, healthy and sustainable direction, for the benefit of both countries and the world," the commerce spokesperson said. Her comments echoed those of Chinese President Xi Jinping, who earlier in the day noted the benefits of bilateral cooperation in a congratulatory message to Trump, according to a Ministry of Foreign Affairs readout.

Persons: Donald Trump, Xi Jinping, Trump Organizations: U.S, White, China's Ministry of Commerce, CNBC, Ministry of Foreign Affairs Locations: Yiwu, Zhejiang province, China, BEIJING, U.S

☆ Teen who wowed China in Alibaba math contest got help from teacher, organizers say
▼ + stars: | 2024-11-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

A vocational school student in China who wowed the public in June by finishing near the top in the preliminary round of a math contest was helped by her teacher in violation of the rules, the organizers said this week. An investigation found that the math teacher’s assistance broke a rule of “no discussion with others,” the Alibaba Global Mathematics Competition Organizing Committee said Sunday. For this, we express our sincere apologies,” the organizing committee said. The teacher, Wang Runqiu, also entered the contest and finished 125th in the preliminary round. Damo Academy, the contest organizer, didn’t respond to an email, and a call to the vocational school was unanswered on Tuesday.

Persons: Jiang Ping, Jack Ma, Wang Runqiu, Jiang, Wang, didn’t Organizations: Cambridge, MIT, Caltech, Jiangsu Lianjiang Vocational, Damo Academy Locations: China, China’s Jiangsu, Jiangsu

Tingshu Wang | ReutersFrom Apple to Starbucks , U.S. consumer brands are reporting yet another quarter of China sales declines. Apple last week reported Greater China sales fell slightly to $15.03 billion in the three months ended Sept. 28, down from $15.08 billion in the year-ago period. The quarterly sales decline reduced Apple's China revenue share to 15.8% of total net sales, down from 16.9% in the year-ago period. Low consumer confidenceU.S. sportswear giant Nike said that Greater China revenue for the quarter ended Aug. 31 fell by 4% year-on-year to $1.67 billion. In Europe, luxury giant LVMH also felt the drag from the China market.

Persons: Tingshu Wang, Tim Cook, Apple, Brian Niccol, Niccol, Matthew Friend, Jean, Jacques Guiony, Isaac Stone Fish, Cummins, Walt, Fish Organizations: Reuters, Apple, U.S, Starbucks, Nike, Carrier, Coca Cola, RTX Corporation, Honeywell, Walt Disney, Caterpillar Locations: Chengdu, Sichuan province, China, U.S, what's, Hong Kong, Macao, Taiwan, Greater China, Europe, Asia, Japan, COVID, Japan Asia

☆ Counting the cost of Spain's hellish floods, the government pledged $11B, local officials want $34B
▼ + stars: | 2024-11-05 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

The government has pledged $11 billion to help it recover, but local authorities want $34 billion. Related VideoHowever, a day earlier, the province's president, Carlos Mazón, said local authorities had asked for an initial package equivalent to about $34 billion. The floods affected many economic sectors, including agriculture, industry, and services, it said. Local authorities on Sunday said that the heavy rains — part of a phenomenon known as "cold drops" — had caused "unprecedented" damage to infrastructure and human life. At a press conference on Tuesday, Sánchez declared Valencia a disaster area, paving the way for extra funding for local authorities.

Persons: —, Pedro Sánchez, Carlos Mazón, Mazón, Lauren Dauphin, Cristina del Rey, Ford Spain, Sánchez Organizations: Service, Spain's State Meteorological Agency, Spanish, NASA, Commerce, Ford, Aon Spain Foundation Locations: Valencia, Spain, Western Europe, Belgium, Germany

☆ Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia
▼ + stars: | 2024-11-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

David Kirton | ReutersBEIJING — Deeproute.ai, a Chinese startup developing autonomous driving systems, announced a $100 million funding round Tuesday from an undisclosed automaker, while emphasizing close ties with chipmaker Nvidia . The startup is also in "deep cooperation" with Nvidia, Zhou said, noting "in-depth discussions" with the chipmaker's CEO Jensen Huang. Zhou spoke on "Commercializing mass-produced autonomous driving solutions" at Nvidia's closely watched GTC AI conference in March. Those maps, used by autonomous driving companies such as Alphabet's Waymo, give a car a detailed picture of city streets. Chinese autonomous driving software developer WeRide went public on the Nasdaq last month, while robotaxi operator Pony.ai has filed for a U.S. IPO.

Persons: David Kirton, It's, Maxwell Zhou, Zhou, Jensen Huang, Deeproute, Orin, Japan Deeproute, Tesla, Elon, WeRide, Pony.ai Organizations: Reuters, Nvidia, Wall, CNBC, Huawei, Nasdaq, Industry Locations: Shenzhen, Guangdong province, China, Reuters BEIJING, Deeproute, U.S, Japan, California

The head of Myanmar’s military government will pay an official visit this week to China, the embattled Southeast Asian nation’s most important international ally, for several regional meetings, state-run media reported on Monday, amid concern by the opposition. The visit comes as Myanmar’s army has suffered unprecedented battlefield defeats over the past year, especially in areas near the Chinese border. Myanmar’s pro-democracy opposition has expressed concern about China welcoming a visit by Min Aung Hlaing. It is Min Aung Hlaing and his group who are destroying these things,” Kyaw Zaw said. Myanmar’s army has been on the defensive since late last year when ethnic armed organizations dealt it major defeats in the country’s northeast.

Persons: Min Aung Hlaing, Aung, Suu Kyi, Myanmar’s, Min Aung, Chao, Kyaw Zaw, “, Aung Hlaing, ” Kyaw Zaw, Suu Organizations: Mekong Economic Cooperation, National Liberation Army, AFP, Getty Images, Association of Southeast Asian Nations, ASEAN, National Unity Government, Facebook, National League for Democracy, Brotherhood Alliance, ”, Myanmar National Democratic Alliance Army, Arakan Army Locations: China, Suu, Beijing, Myanmar, Kunming, Cambodia, Laos, Vietnam Cooperation, China’s Yunnan, ” China, Russia, Kyaukme, Getty Images Russia, Jakarta, Shan

☆ Indonesia’s Laki-Laki volcano erupts, killing 9 people
▼ + stars: | 2024-11-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

JAKARTA, Indonesia — At least nine people died after Mount Lewotobi Laki-Laki in eastern Indonesia erupted on Sunday, spewing explosive plumes of lava and forcing authorities to evacuate several nearby villages, officials said Monday. Mount Lewotobi Laki-Laki, located on Flores Island in East Nusa Tenggara province, erupted on Sunday at 11:57 p.m. local time (11:57 a.m. “We have started evacuating residents since this morning to other villages” that are located about 13 miles from the crater, he said. In May, a volcano on the remote island of Halmahera, Mount Ibu, led to the evacuation of people from seven villages. North Sulawesi’s Ruang volcano also erupted in the spring, prompting authorities to evacuate more than 12,000 people.

Persons: Mount Lewotobi, Lewotobi, Hadi Wijaya, “, ”, Hadi, Heronimus Lamawuran, Heronimus Organizations: Center of Volcanology, Reuters, East, Mount Ibu Locations: JAKARTA, Indonesia, Flores Island, East Nusa Tenggara, East Flores, Halmahera, North, Marapi, West Sumatra

☆ China gears up for a big week as markets await U.S. elections and stimulus details
▼ + stars: | 2024-11-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Investors expect Beijing to announce details on fiscal support Friday. He expects Trump has a greater chance of winning, which he said would increase downward pressure on the Chinese yuan versus the U.S. dollar. While the People's Bank of China has cut interest rates, the Ministry of Finance has yet to release details on widely anticipated fiscal stimulus. China is considering more than 10 trillion yuan in debt issuance over a few years, Reuters reported Tuesday, citing sources. Whether it is 10 trillion yuan over three to five years, or 2 trillion yuan in one year, the average is about 2 trillion yuan in support a year, she pointed out.

Persons: Aly Song, That's, —, Donald Trump, Kamala Harris, Harris, Ting Lu, Biden, Zhu Bin, Zhu, Trump, Liqian Ren, Ren, Xi Jinping, Lan Fo'an, Zong Liang, WisdomTree's Ren Organizations: Reuters, U.S, Investors, National People's, Trump, Nomura, Nanhua, CNBC, U.S ., WisdomTree, People's Bank of, Ministry of Finance, Finance, Bank of China Locations: Yiwu, Zhejiang province, China, Reuters BEIJING, Beijing, U.S, United, People's Bank of China

☆ China's Singles Day shopping festival is more than halfway over. Here's how consumers are spending
▼ + stars: | 2024-11-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

China's e-commerce giants stopped reporting Singles Day GMV in 2022 during the pandemic. Singles Day GMV this year as of Oct. 30 was 845 billion yuan ($119.1 billion), according to research firm Syntun. Subsidies boost appliancesHelping boost sales this Singles Day are China's subsidies for trade-ins of home appliances, launched in late July. They predict 4% to 5% growth in Singles Day GMV, with sales in the home appliance category supported by the trade-in program. "Something that kind of came out of nowhere, into all of a sudden really, really big numbers."

Persons: Alibaba, Jacob Cooke, JD's, ByteDance's Douyin, Cooke, Louis Vuitton, we've, UOB Kay Hian, JD.com, Dave Xie, Oliver Wyman, Xie, There's, Liang, Chiikawa, Taobao, Tmall Organizations: Visual China, Getty, Alibaba, Technologies, CNBC, Louis Locations: Lianyungang, Jiangsu Province, China, BEIJING, Asia, Alibaba, British

☆ Pakistan province calls for ‘climate diplomacy’ with India as record smog chokes major city
▼ + stars: | 2024-11-04 | by ( Lex Harvey | Sophia Saifi | ) edition.cnn.com time to read: +4 min

Islamabad, Pakistan CNN —A smog-choked province in eastern Pakistan has issued a rare plea for cross-border collaboration with India, as major cities in both countries endure severe air pollution that risks the health of millions. “We are suffering in Lahore in a way due to the eastern wind corridor coming from India,” he said. Lahore, home to more than 14 million people, saw its air quality index surpass a record 1,900 in one part of the city on Saturday, according to IQAir, which tracks global air quality. Experts say India’s air pollution is so bad that smog could take years off the lives of hundreds of millions of people. Both India and Pakistan have tried to clamp down on the practice, but it is still widespread.

Persons: Raja Jahangir Anwar, ” Anwar, Punjab’s, ”, Arif Ali, Sakib Ali, Maryam Nawaz, Parveen Kumar Organizations: Pakistan CNN, Environment, CNN, Getty, Hindustan Times, World Health Organization, Experts, India’s Locations: Islamabad, Pakistan, India, Punjab, Pakistan’s, Lahore, AFP, Delhi Meerut, Ghaziabad, Delhi –, Gurgaon, India’s Punjab, Haryana, Pakistan’s Punjab

Israel announced Sunday that it carried out a special ground operation in Syria "in recent months," according to a statement from the Israel Defense Forces. The IDF also say they detained an "Iranian terror network operative" during the mission, who they identified as Ali Soleiman al-Assi. The ministry added that the strikes hit a military site in Hama and a car assembly plant in Hassia. Syrian state television also reported that the strikes hit vehicles loaded with medical and relief supplies and ignited a large fire in the area. Israel has vowed to stop Iranian entrenchment in Syria, particularly since Syria is a key route for Iran to send weapons to the Lebanese militant group Hezbollah.

Persons: Israel, Ali Soleiman, SANA Organizations: Sunday, Israel Defense Forces, IDF, Hezbollah, Hamas Locations: Syria, Israel, Hama, Hassia, Iran, Lebanese, Gaza

☆ 11 surprising things from this earnings season, including my favorite stock so far
▼ + stars: | 2024-11-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Horton makes the most sense as a Kamala Harris stock because of a promised $25,000 toward a first home. I don't know if either candidate can pull off huge tariffs (Trump) or a credit (Harris). Here are eleven surprising things about this earnings season that you can store up and pull out when the election is confirmed. The deficit will begin to hurt the stock market hard next year even if the economy continues to cool. Away from the hyperscalers, I like Marvell , where CEO Matt Murphy bought $1 million worth of stock in the open market.

Persons: beckons, Joe Biden, Biden, Donald Trump, D.R, Horton, Kamala Harris, Harris, let's, Let's, Trump, haven't, Myers, Abbvie, Eli Lilly, Anat Askenazi's, Abbott, neonatologists, Reckitt, Jim Hurst, Danaher, Jason Hollar, It's, Amgen, That's, Estee Lauder, Parker, Pat Gelsinger's, He's, Matt Murphy, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: U.S, NBC News, White, Ford Motor, Trump, Costco, Volkswagen, Bankers, Banco Santander, Apple, Amazon, GE Vernova, U.S ., Treasury, Merck, NEC, FDA, CDC, NIH, GE Healthcare, Cardinal Health, NPC, Nvidia, Caterpillar, Linde, Devices, heaven's, Intel, Marvell, Micron, Arista, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Europe, Germany, China, Portugal, Ireland, Italy, Greece, Spain, It's, Santander, —, Bristol, U.S, Taiwan, Eaton, Dover, Norwegian, Caribbean, San Francisco

☆ A US invasion of Taiwan in WWII would have been a disaster. A Chinese operation faces similar dangers.
▼ + stars: | 2024-11-03 | by ( ) www.businessinsider.com time to read: +7 min

AdvertisementThe US once planned an invasion and seizure of Taiwan that would have been as big as D-Day. The CMSI study makes clear that a US invasion of Taiwan in 1945 — or a Chinese invasion today — would be difficult and risky. The objective would be to occupy southern Taiwan and the mainland Chinese port of Xiamen across the Taiwan Strait. US troops suffered 50,000 casualties in two months of hard fighting in the Okinawa invasion. "Taiwanese military officers pay close attention to history, and especially the history of island warfare, urban warfare, and amphibious warfare," said Easton.

Persons: —, Ian Easton, Taiwan —, Adm, Ernest King, Douglas MacArthur, MacArthur's, Easton, Michael Peck Organizations: Service, China Maritime Studies Institute, Getty, US Navy, Army, Orange, Marine, US Marine Corps, Japan, Imperial, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, Pacific, China, Beijing, Battleship, Tennessee, Okinawa, Japan, Philippines, Normandy, Xiamen, AFP, Forbes

☆ Mount Lewotobi Laki Laki: Volcanic erupts in eastern Indonesia, killing at least 6 people
▼ + stars: | 2024-11-03 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +3 min

The eruption at Mount Lewotobi Laki Laki just after midnight on Monday spewed thick brownish ash as high as 2,000 meters (6,500 feet) into the air and hot ashes hit a nearby village, burning down several houses including a convent of Catholic nuns, said Firman Yosef, an official at the Mount Lewotobi Laki Laki monitoring post. Authorities also raised the danger level and widened the danger zone for Mount Lewotobi Laki Laki on Monday, following a series of eruptions that began last week. Mount Lewotobi Laki-Laki spews volcanic materials from its crater during a previous eruption in East Flores, Indonesia, on January 14, 2024. Andre Kriting/AP/FileA nun in Hokeng village died and another was missing, said Agusta Palma, the head of the Saint Gabriel Foundation that oversees convents on the majority-Catholic island. It’s Indonesia’s second volcanic eruption in as many weeks.

Persons: —, Laki Laki, Firman Yosef, Lewotobi Laki Laki, Boru, Riang Rita, Bokang, Lewotobi, Andre Kriting, Agusta Palma, ” Palma, It’s, Marapi Organizations: Disaster Management Agency, Saint Gabriel Foundation Locations: Maumere, Indonesia, Flores, Wulanggitang District, Pululera, Hokeng Jaya, Klatanlo, Ile Bura District, Dulipali, Nobo, Titehena District, Konga, Kobasoma, blanketeing, East Flores, Hokeng, West Sumatra, blanketing

☆ China’s manufacturing output swings back into expansion in October, private survey finds
▼ + stars: | 2024-11-01 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Workers assemble at a workshop of an equipment manufacturing enterprise in Yunmenshan Street, Qingzhou city, East China's Shandong province, Aug. 9, 2023. China's factory activity swung back into expansion among smaller manufacturers in October, according to a private survey released on Friday. The Caixin/S&P Global manufacturing PMI came in at 50.3 in October, beating the median estimate of 49.7 in a Reuters poll. A PMI reading above 50 indicates expansion in activity, while a reading below that level points to contraction. This private gauge, which focuses on smaller and export-oriented firms, comes after the official PMI data, released Thursday, indicated that manufacturing activity in the country expanded for the first time since April.

Organizations: P Global, PMI Locations: Yunmenshan, Qingzhou city, East China's Shandong

☆ Guangdong, China: Satellite imagery shows new mystery aircraft carrier built amid breakneck naval expansion
▼ + stars: | 2024-11-01 | by ( Edward Szekeres | Brad Lendon | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —China appears to have built a new and unusual aircraft carrier, intriguing experts with a potentially first-of-its-kind vessel that could further increase Beijing’s rapidly expanding maritime power. This potential new aircraft carrier “is of a somewhat unusual shape and size – much smaller than China’s previous naval aircraft carriers,” said Thomas Shugart, a former US Navy submarine commander and now a fellow at the Center for a New American Security. Another view of the satellite imagery captured on October 23, 2024, showing a potentially new class of a Chinese aircraft carrier at a shipyard in the southeastern end of the country. Only the United States Navy operates aircraft carriers bigger than the Fujian. Conducted in the South China Sea, the exercise was “aiming to enhance the integrated combat capability of the aircraft carrier formations” and was “part of the Liaoning aircraft carrier formation’s regular real-combat training in the high seas,” Xinhua said.

Persons: ”, Thomas Shugart, Shugart, –, Beijing’s, Carl Schuster, Schuster, ” Schuster, ” Song Organizations: Hong Kong CNN, Planet Labs, Guangzhou Shipyard, US, Center, New, New American Security, Planet Labs PBC China, People’s Liberation Army Navy, PLAN, supercarriers, United States Navy, Center for Strategic, International Studies, “, PLA, Pacific Command’s Joint Intelligence, China Coast Guard, Beijing, Coast Guard, Communist Party, Xinhua, Liaoning, US Navy, Global Times Locations: Hong Kong, China, Guangdong, New American, Fujian, Shandong, Liaoning, Naval, Washington, Shanghai, Beijing, Taiwan, Matsu, South, South China, Xinhua

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