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Beijing’s Show of Force: China Launches Major Drills Around Taiwan

  A ship fires a weapon during drills east of Taiwan in this screenshot from a video released by the Eastern Theater Command of China's People's Liberation Army (PLA) on Dec. 29, 2025. China has initiated large‑scale military exercises around Taiwan, framing the operation as a direct warning to what it calls separatist forces and foreign supporters. The drills, conducted by the Eastern Theatre Command, involve naval vessels, fighter jets, and missile units operating across multiple zones encircling the island. According to Chinese military statements, the exercises are designed to test joint combat readiness and simulate scenarios such as blockades and precision strikes. The move follows heightened tensions over international engagement with Taiwan, including recent arms sales and diplomatic exchanges that Beijing views as challenges to its sovereignty claims. Taiwan’s defense ministry denounced the drills as coercive and destabilizing, placing its military on alert and trac...
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Wall Street Sees Modest Gains as Investors Anticipate Inflation Data


In a cautious trading session, Wall Street’s major indexes recorded slight advances with investors’ attention fixed on the forthcoming U.S. inflation report. The Dow Jones Industrials and S&P 500 futures signaled a modest uptick, reflecting a market braced for new economic indicators.

Home Depot’s Mixed Results Shares of Home Depot saw an uptick despite the company’s third consecutive quarter of declining sales. The home improvement giant surpassed profit expectations but faces challenges amid high mortgage rates that dampen home buying and renovation activities.

Meme Stocks Surge The meme stock phenomenon witnessed a resurgence, with GameStop and AMC Entertainment experiencing significant premarket jumps. This surge coincided with the reappearance of Keith Gill, also known as “Roaring Kitty,” a central figure in the meme stock movement.

Inflation and Economic Growth Watch Investors remain vigilant for signs of inflationary trends that could influence the Federal Reserve’s rate decisions. The anticipation builds for the U.S. government’s inflation update, which could offer insights into household and wholesale price changes and the broader economic outlook.

Stagflation Concerns Amidst hopes for a soft landing, concerns linger over the possibility of stagflation—a scenario combining high inflation with stagnant economic growth. However, recent remarks by Federal Reserve Chair Jerome Powell have provided some reassurance, suggesting a potential shift in monetary policy if inflation pressures subside.

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