INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

China announces military drills in Taiwan Strait

A PLA Navy tugboat sails in the Taiwan Strait, past tourists on Pingtan island, the closest point to Taiwan, in China's southeast Fujian province on April 7, 2023. AFP
  • The People's Liberation Army's Eastern Theatre Command said "United Sharp Sword" would run April 8 to 10 for "combat preparedness."
  • The move follows a meeting in California between Taiwan President Tsai Ing-wen and US House Speaker Kevin McCarthy

China announced Saturday it was launching three days of military drills in the Taiwan Strait.

The People’s Liberation Army’s Eastern Theatre Command said “United Sharp Sword” would run April 8 to 10 for “combat preparedness”.

In a PLA statement, Senior Colonel Shi Yi, spokesman for the Eastern Theatre Command, said “United Sharp Sword” would involve police patrol drills in the Taiwan Strait, “to the north and south of Taiwan, and in the sea and airspace to the east of Taiwan”.

The exact location of the exercises was not specified.

The move follows a meeting in California between Taiwan President Tsai Ing-wen and US House Speaker Kevin McCarthy.

China views self-ruled Taiwan it as part of its territory and has vowed to one day seize it, by force if necessary.