top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

World

19 Oct 2021

10 Navy Ships from China and Russia Jointly sail through Japan Strait

The Index Today

On Monday, it was seen that a group of 10 naval vessels from China and Russia sailed through a strait separating the Japan's main island and its northern island of Hokkaido, the Japanese government said, adding that it is closely watching such activities.

According to the Reuters, it was the first time Japan has confirmed the passage of Chinese and Russian naval vessels sailing together through the Tsugaru Strait, which separates the Sea of Japan from the Pacific.

While the strait is actually regarded as international waters, Japan's ties with China have long been troubled by conflicting claims over a group of tiny East China Sea islets. And Tokyo has a territorial dispute with Moscow, as well.

Deputy Chief Cabinet Secretary Yoshihiko Isozaki told a regular news conference on Tuesday that, "The government is closely watching Chinese and Russian naval vessels' activities around Japan like this one with high interest.”

"We will continue to do our utmost in our surveillance activity in waters and airspace around Japan."

A Japanese Defense Ministry spokesperson said there had been no violation of Japanese territorial waters and no international rules were broken by the passage of the china and Russian vessels.

©Photo: Reuters

Clay pottery with table linens
bottom of page