By K Raveendran The Democratic sweep of the US Congress has dramatically altered the global investment landscape, triggering a sharp repricing of oil, technology stocks and financial assets as investors reassess the prospects for an end to the Middle East conflict. Brent crude has suffered a weekly decline of 16 per cent, falling below $100 […]
By Satyaki Chakraborty Taking into account the continuing severe air pollution in Delhi and other parts of North India, China has offered India collaboration in clean technologies linked with the expansion of manufacturing base in the country. Global Times, the official organ of the Chinese Communist Party has analysed the nature of the air pollution […]
By T N Ashok NEW YORK: The central question on the controversial U.S. national G.S. Pannun issue is a difficult one of sovereignty, accountability and the limits of American judicial power: can a US court summon India’s national security leadership over allegations made by a Sikh separatist, and can New Delhi reject that process as […]
Republicans in the US House of Representatives blocked an effort to impeach Defence Secretary Pete Hegseth on Tuesday, voting to send allegations against him to a committee rather than allowing an immediate decision on his removal. The House approved the procedural motion by 211 votes to 204, referring the resolution introduced by Republican Thomas Massie of Kentucky to the Judiciary Committee. The decision effectively halted the impeachment […]
ADNOC Logistics & Services has confirmed that one of its vessels was damaged in an attack in UAE territorial waters on Tuesday afternoon, with emergency response operations continuing. The Abu Dhabi-based maritime company said the incident occurred on November 10 in the Arabian Gulf. It did not identify the vessel, specify its location within UAE waters or disclose the extent of the damage. The company also gave […]
Microsoft is pressing the Trump administration to abandon a proposed restriction on Chinese optical transceivers used in artificial intelligence data centres, warning that disrupted supplies could delay construction and leave expensive computing equipment idle. The Federal Communications Commission is considering limits on imports of new Chinese-made transceiver models over concerns that the devices could expose American infrastructure to espionage, malicious software or service disruption. No final restriction […]
YIWU, CHINA – Media OutReach Newswire – 10 November 2026 – On November 7, the 2026 Forum on China-Africa Economic, Trade and Cultural Cooperation was held in Yiwu, a commercial hub in central Zhejiang, east China.
2026 Forum on China-Africa Economic, Trade and Cultural Cooperation Opens in Yiwu, Jinhua
As a key supporting event under the framework of the Forum on China-Africa Cooperation (FOCAC), the gathering drew statesmen, diplomats and hundreds of Chinese and foreign business participants.
Building on eight years of accumulated progress and over 140 signed projects, the forum keeps focusing on delivering outcomes from the FOCAC Beijing Summit and aligning with the 10 partnership action plans.
Once again, it shined the global spotlight on Yiwu – a city with no seacoast nor border access, yet a pivotal hub for people-to-people China-Africa trade.
Inside the Yiwu International Expo Center, a three-day China-Africa trade exhibition opened ahead of the forum. Within its 10 000-square-metre hall sit 400 well-arranged booths, bringing together 186 enterprises from 15 countries.
Import-zone shelves are stocked with Ethiopian coffee, Ghanaian shea butter and Zimbabwean handicrafts. Meanwhile, a wide array of Chinese-made goods for household use, stationery, cultural-creative products and beauty cosmetics are ready to reach households across Africa.
More than two decades ago, Chinese and African merchants had to travel far and wide to source goods and secure buyers. Today, complete warehousing, customs-declaration and cross-border logistics allow exhibits to move straight from booths onto ocean-going vessels, closing the full loop from display to delivery.
Transformations extend well beyond exhibition halls.
Twenty years ago, most African traders in Yiwu acted purely as purchasers: they would fill shipping containers with selected goods and ship them back home.
On May 1 this year, China implemented zero-tariff treatment for 53 African diplomatic partners, further reshaping Sami’s business landscape. Trade is no longer a one-way “sell-out” model. Seizing this policy dividend, he began importing local Ugandan specialties such as coffee beans and chili peppers into China. Via Yiwu’s hub, these goods are then distributed to broader markets aboard the China-Europe Yiwu-Xinjiang-Europe Railway Express.
“Zero tariffs give young Africans direct access to the Chinese market and make two-way trade far more actionable,” Ugandan businessman Sami said, hoping more African traders will leverage Yiwu as a platform to bring African products to the wider world.
Like Sami, many entrepreneurs from diverse African nations regard Yiwu as their second home and serve as living, human-scale bridges connecting the two continents.
Official statistics bear witness to this shift. Between January and September 2026, Yiwu’s exports to Africa reached 135.903 billion yuan, marking a year-on-year rise of 30.18 percent.
Historically, China-Africa trade largely featured Chinese goods flowing one-way toward Africa. Today trade chains are evolving into two-way pathways. African coffee, honey and avocados are finding growing room in China’s consumer market. At the same time, Chinese enterprises are no longer content with merely delivering cargo to African ports.
Many firms are pushing supply-chain operations deeper into African local contexts. Local Yiwu-based supply-chain operators have set-up exhibition halls and 15 000-square-metre overseas warehouses in Senegal.
Conventional export business often concluded once goods departed Chinese ports. Now, end-to-end services including bulk procurement, overseas warehousing, local distribution and brand internationalisation travel alongside merchandise into Africa.
To date, Yiwu has established 28 overseas warehouses across 12 African countries. Together with offshore sub-markets and national-buyer service centers, a network spanning procurement, warehousing and distribution is taking shape, bridging Chinese supply capacity and African consumer demand.
In Yiwu, China-Africa cooperation finds tangible expression in shipping containers, grassroots commercial orders and ordinary people’s pursuit of success.
Though land-locked, Yiwu links countless towns across the African continent. The Chinese city bears witness to China-Africa trade advancing past simple commodity transactions, entering a new era of co-built supply chains, mutual market access and people-to-people cultural bonds.
The issuer is solely responsible for the content of this announcement.
Dubai has approved a Dh2 billion extension of its Metro network to Al Maktoum International Airport City, with passenger operations scheduled to begin in 2031. The project forms part of a package of strategic initiatives worth more than Dh11 billion endorsed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, at a meeting on Tuesday, November 10. […]
North Korea-linked hacking groups have intensified cyberespionage against drone technology companies and software developers, using fraudulent recruitment approaches and compromised source code repositories to obtain sensitive information and potentially infiltrate wider technology networks. Cybersecurity company ESET identified the campaigns in its APT Activity Report published on October 28, covering operations observed between April and September 2026. The findings identify renewed drone-sector targeting by Lazarus and an expansion […]
“The Land Cruiser isn’t just a car. It’s status, reliability, and a price that keeps climbing. Figuring out the trims and prices for 2025 and 2026 isn’t easy, but it’s doable. Here’s what you need to know before you buy.” “Price is what you pay. Value is what you get. The Land Cruiser always gives more than it costs.” The Land Cruiser is one of the most […]
Arabian Post Staff -Dubai ADNOC Gas posted third-quarter net profit of $1.34 billion, a 101 per cent increase from the preceding three months, and raised its annual earnings forecast as domestic demand and recovering exports supported its operations. The Abu Dhabi-listed company said on Tuesday that net income rose from $665 million in the second quarter, while earnings before interest, tax, depreciation and amortisation increased 70 per […]
Arabian Post Staff -Dubai Gulf Cooperation Council defence ministers gathered in Bahrain on Tuesday to discuss collective military preparedness amid the continuing conflict involving Iran, although a reported decision to establish a new military command headquarters in Kuwait remained unconfirmed. The meeting brought together representatives of the six GCC states as regional governments sought closer military coordination following months of missile and drone attacks, disruptions to maritime […]
By Dr. Gyan Pathak Electoral rolls prepared by the State Election Commissions of Rajasthan and Uttar Pradesh have exposed many discrepancies in the SIR driven voter lists produced by the Election Commission of India (ECI). Most objectionable part is that ECI’s voter list marked even live persons dead, in very large numbers in lakhs, and […]
By Asad Mirza Israel’s election has handed Gadi Eisenkot an opening, not a government. His effort to replace Benjamin Netanyahu depends on whether Arab parties can help build a parliamentary majority—and whether Jewish-led parties will accept that support. The stakes reach beyond coalition arithmetic: regional war, Israel’s democratic legitimacy, Washington’s stance and a consequential arms […]
Thai Airways has disclosed that about 60,529 passenger booking records may have been accessed without authorisation through systems operated by travel technology provider Amadeus, although passengers’ credit card details were not affected. The airline said on Monday that the security incident involved reservation information held by Amadeus between 10 August 2023 and 23 September 2026, spanning more than three years. Its investigation is continuing, and it has […]
The United States moved refuelling aircraft from RAF Mildenhall in Suffolk on Monday amid an alleged threat linked to Iran, extending security precautions at American military installations in Britain following an earlier bomber withdrawal. Two US tankers operating from Mildenhall diverted to Germany during the morning of 9 November, while several others were subsequently transferred to Germany and other locations. The movements have not been formally confirmed […]
Greenlogue/AP Leaders opening the COP31 climate conference in Antalya have called for faster action against global warming, warning that escalating extreme weather and rising economic pressures are exposing the gap between government commitments and their implementation. UN Climate Change Executive Secretary Simon Stiell told delegates on Monday that the urgency of the climate crisis must translate into stronger practical measures. He said progress towards international climate goals […]
Microsoft has reduced the cloud storage included with new Microsoft 365 Family subscriptions from a potential 6TB across six users to a single 2TB allowance, with existing customers scheduled to move to the shared arrangement from May 2027. The change, introduced for new subscriptions on 8 October 2026, replaces individual OneDrive allocations of 1TB per person. Families that previously could use six separate terabytes must now manage […]
Heavy rainfall could affect parts of the UAE on Wednesday and Thursday as strengthening winds, thunderstorms and rough seas accompany a developing weather system, the National Centre of Meteorology has forecast. The most unsettled conditions are expected on November 11 and 12, with intermittent showers potentially becoming heavy in some locations. Northern and mountainous districts face the greatest likelihood of intense rainfall, while Abu Dhabi, Dubai and […]
France has accused Iran’s Islamic Revolutionary Guard Corps of orchestrating cyberattacks that disrupted supermarket refrigeration systems nationwide, and pledged to pursue European sanctions against those responsible. Foreign Minister Jean-Noël Barrot said on Monday that the attacks, carried out on 11 and 12 October, affected approximately 700 food distribution sites. Hackers remotely manipulated refrigeration controls, raising temperatures and forcing retailers to discard perishable products. Barrot described the operation […]
California voters have rejected a proposed tax on billionaires, handing a defeat to labour unions and progressive Democrats after a costly campaign that exposed divisions within the state’s governing party. Proposition 40, which would have imposed a one-off 5% levy on the net worth of residents holding more than $1 billion, was defeated in the November 3 election. With counting continuing, returns showed approximately 53% voting against […]
Japan’s Nikkei share average climbed 2.33% on Monday, recovering part of a technology-driven slump that had pushed the benchmark into bear market territory and shaken confidence in artificial intelligence stocks.
The Nikkei 225 closed at 58,775.50, gaining 1,340.73 points, while the broader Topix advanced 2.97% to 3,818.16. The rebound followed Friday’s 6% plunge, which left the Nikkei more than 20% below its June record, the threshold commonly used to define a bear market.
Buying extended across the Tokyo market rather than remaining confined to semiconductor companies. Of the Nikkei’s 225 constituents, 208 rose and 17 fell, indicating widespread demand after several sessions of selling. The recovery nevertheless left the benchmark substantially below its level at the beginning of last week.
Investors took encouragement from Friday’s gains on Wall Street, where technology stocks recovered after sharp declines linked to concerns about potential changes in United States policy towards artificial intelligence. The Nasdaq Composite gained 1.09% and the S&P 500 rose 0.32%, providing a firmer backdrop for Asian trading.
Nvidia and Tesla had recovered in that American session after investors reassessed the implications of Democratic victories in the US midterm elections. Market participants have questioned whether tighter scrutiny of artificial intelligence could slow the construction of data centres and affect demand for the advanced chips and equipment supplying them.
Those concerns remain particularly significant for Tokyo’s equity market, where semiconductor equipment manufacturers, technology investors and industrial suppliers carry substantial weight in benchmark movements. The sell-off had spread beyond companies directly involved in artificial intelligence, reflecting broader reductions in exposure to riskier assets.
Takuma Ikemoto, a market analyst at Tokai Tokyo Intelligence Laboratory, cautioned that uncertainty surrounding American policy could limit further advances once the initial wave of buying subsided. His assessment highlighted the distinction between a recovery from heavily sold conditions and a sustained improvement in expectations for technology earnings.
Individual stock movements showed that the rally was uneven despite the strong headline index gains. Consulting services company Baycurrent climbed 8.8% to a record closing high, making it the Nikkei’s strongest percentage performer. Construction group Shimizu gained 7.7%, while industrial manufacturer Mitsubishi Electric advanced 7.3%.
SoftBank Group, a prominent investor in artificial intelligence ventures, remained under pressure during the session, illustrating continuing investor caution towards businesses closely associated with the sector’s expansion. Its weakness contrasted with gains elsewhere and suggested that buyers were distinguishing between companies rather than returning indiscriminately to all technology-related shares.
Banking stocks also attracted demand as Japanese government bond yields moved higher. Rising yields can support banks’ lending margins, although their effect depends on funding costs and broader credit conditions. Automakers, retailers and non-ferrous metal producers contributed to the market’s advance, giving the recovery a wider base than the previous technology-led fluctuations.
The Topix’s larger percentage gain reflected the strength of shares across a broader range of companies. On the Tokyo Stock Exchange’s Prime Market, 1,412 issues advanced, compared with 120 declines and 13 unchanged. Thirty-one of the exchange’s 33 industry groups finished higher, with food and shipping among the exceptions.
Developments in the Middle East also shaped investors’ assessment of market risk. US President Donald Trump said on Sunday that further American attacks on Iran were highly unlikely while diplomatic discussions continued, with Qatar involved in mediation. The comments offered some reassurance, although accounts of attacks on vessels near the Strait of Hormuz underscored the fragility of the situation.
Disruption to energy shipments through the waterway has complicated the outlook for Japan, which depends heavily on imported fuel. Changes in oil prices influence corporate costs, household spending and inflation expectations, making the security of Gulf shipping an important consideration for investors alongside movements in technology shares.
Monday’s closing figures also showed the distance still to be recovered after the previous week’s losses. The Nikkei had finished November 2 at 63,081.86, well above Monday’s level despite the sizeable daily increase. The gap illustrated how a sharp one-day advance can coexist with substantial losses over a longer trading period. Investors therefore remained sensitive to changes in overseas equity markets, policy expectations and corporate earnings forecasts.
The session’s strongest performers included businesses outside the artificial intelligence supply chain, while the weaker areas showed that the rebound was not uniform. Shipping and food shares lagged the broader market as investors repositioned portfolios following the previous week’s abrupt decline.
A jailbroken artificial intelligence agent conducted a sustained cyberattack against a European telecommunications provider and targeted 13 organisations hosted on its infrastructure, according to findings published by cybersecurity researchers on 8 November. Malbear Labs said the campaign, designated Operation Snowball, continued for more than two weeks and involved a customised system built around DeepSeek Flash. The researchers reconstructed the activity from an exposed directory containing the attacker’s […]
Google has issued an emergency security update for its Chrome browser after confirming that attackers are exploiting a high-severity vulnerability affecting the software’s handling of XML data. The update, published on 9 November, fixes nine security flaws in desktop Chrome, including CVE-2026-125350, a use-after-free vulnerability for which Google says an exploit exists in the wild. The company has not identified the attackers, disclosed their targets or described […]
