The United States and India have reaffirmed their defensive and security relationship, as Washington continues to rally allies in Asia amid concerns over increased Chinese military activity in the region. During a press conference Tuesday in the Indian capital, US Secretary of Defense Mark Esper and his Indian counterpart Rajnath Singh announced the signing of the Basic Exchange and Cooperation Agreement (BECA), enabling greater information-sharing and further defense cooperation between the two countries.
The US Senate has confirmed Judge Amy Coney Barrett to the Supreme Court in a victory for President Donald Trump a week before the presidential election. Mr Trump’s fellow Republicans voted 52-48 to approve the judge, overcoming the unified opposition of Democrats. Her appointment seals for the foreseeable future a 6-3 conservative majority on the top US judicial body. Democratic presidential candidate Joe Biden called the move rushed and unprecedented.
Ant Group plans to raise $34.5 billion in a dual initial public offering next month, edging out Saudi Aramco’s debut to become the largest listing of all time. The financial services company – an arm of billionaire Jack Ma’s Alibaba empire – will evenly split its offering, selling 1.67 billion shares each in debuts in Shanghai and Hong Kong. Saudi Aramco raised $29 billion in a share sale that temporarily established it as the world’s highest-valued company.
NASA announced it has discovered water on the sunlit surface of the moon. The water was spotted near the Clavius crater, Paul Hayne, a planetary scientist at the University of Colorado, said. Casey Honniball, lead author of the other study, said there are between 100 and 400 parts per million of water, or “roughly the equivalent of a 12-ounce bottle of water within a cubic meter of lunar soil.”
The U.S. State Department has approved the potential sale of 100 Boeing-made Harpoon Coastal Defense Systems to Taiwan in a deal that has a potential value of up to $2.37 billion, the Pentagon said on Monday. China will impose sanctions on Lockheed Martin LMT.N, Boeing Defense, Raytheon RTX.N and other U.S. companies it says are involved in Washington’s arms sales to Taiwan, a Chinese foreign ministry spokesman said Monday.